Post
Topic
Board Altcoin Discussion
Re: Polygon(Matic) is now POL
by
naira
on 01/09/2024, 20:43:21 UTC
confusing rebranding in my honest opinion, both the ticker MATIC and POL still exist in CMC and both ticker have its own market with differing price (wtf?), there are many exchanges announcing delisting of MATIC and don't put additional effort to elaborate that it's not exactly delisting but just rebranding and switching ticker that it caused fear for the matic holder such as this headline Grin.



the polygon foundation should be better at explaining things, this long upgrade to POL is exhausting the holders and I personally find it annoying.

So what about the investors who have MATIC holdings?? Will it be converted to POL from the old version name Matic? Why did they change it? Is it because it is closer to the word "polygon"? Am I right? So they should remove the matic from the listing now, right?

Oh, since this is POL now, and those who have matic holdings will probably automatically convert it to usdt or Polygon's POL ticker name itself. It is because so unfair if there is POL and Matic in the exchange, isn't right?
User balances on centralized exchanges holding Matic are temporarily frozen until the ticker change process is fully completed. The Matic network or now POL has nothing new. They are experiencing a decline in investor interest because there is not much of an updated ecosystem that they present, even some tokens on the POL network have not moved much in price.