Post
Topic
Board Altcoin Discussion
Re: Polygon welcomes Google Cloud as a validator
by
Husires
on 05/10/2023, 03:01:27 UTC
will this have a good impact on matic prices? or is it just good news without a big impact? i hope matic can return to the price of $1 because i still have some matic that i bought and haven't had time to sell for now.

No it will not, I reckon. We are presently in a bear market and bear markets imply that not much inflows will go to the coins in the cryptospace. There might be some, however, it will be not enough to pump in much of these coins to an all time high.
If Google buys Polygon, then it will be positive news, and even if the market is falling, you will find some rise in this pair, but they did not buy, but rather became a validator, and this will not add value to the market, but on the contrary, some may consider it negative news because we are talking about companies with trillions of dollars that will manage one or a group. Of the contract in a token based on proof of stake.
Without buying Polygon it is difficult to view this as a positive sign.