Tag: Polygon

Buyers Rush Last Opportunity on Rebel Satoshi ($RBLZ) Presale as Injective (INJ) and Polygon (MATIC) Record Gains
TLDR
- $RBLZ offers 150% gains before the upcoming launch.
- INJ is set to continue its bullish trend.
- MATIC could increase toward the $1.05 range.
Rebel Satoshi ($RBLZ) investors await the official launch on DEXes on March 4. Let’s see if this revolutionary meme coin has the potential to compete against Injective (INJ) and Polygon (MATIC) and find out which is the best cryptocurrency to buy today.

Rebel Satoshi Gains Unrivaled Bullish Momentum

Rebel Satoshi is a groundbreaking meme coin project that aims to challenge the stability of centralized organizations and ignite a permanent crypto revolution. In addition, $RBLZ holders play a vital role in the building of the Rebel Satoshi ecosystem and obtain numerous exclusive benefits as Recusants in Rebel Satoshi’s army.

For example, $RBLZ users receive enormous staking rewards and access to as many as 9,999 rare NFTs. On top of that, $RBLZ holders can engage in the platform’s exciting meme culture and embark on various interactive quests.

Top market experts suggest $RBLZ as the best coin to invest in the present market based on Rebel Satoshi’s fantastic growth potential. Furthermore, $RBLZ has completed its Smart Contract Audit and has already raised $2.1 million.

The token is at the final Recusants Round 5 of the presale, priced at only $0.024. Thus, investors who bought $RBLZ at its Round 1 price of $0.010 are set to receive exceptional 150% gains when $RBLZ soon hits the $0.025 presale target.

The returns are bound to get substantially bigger after $RBLZ hits exchanges on March 4, so make sure to diversify your portfolio with Rebel Satoshi today!

Injective Bulls Expect Rallies to $43.50

The price of INJ has decreased by 0.87% over the last week, from $35.40 to $35.10. However, Injective bulls are convinced that the recent positive developments in the Injective camp could soon enable INJ to approach the $43.50 threshold. Furthermore, experts praise INJ as one of the best altcoins to buy in 2024 based on Injective’s remarkable surges in terms of Total Value Locked.

As the platform announced on February 15, Injective’s partnership with Solana and Bonfida has resulted in the release of crypto’s first omnichain domain name service. In addition, Mito Finance announced the launch of Mito on the Injective mainnet on February 20.

On the other hand, Injective bears warn that the token’s inability to bounce back above the $40 mark could lead to more significant drops over the next INJ price movements. According to a recent pessimistic INJ price prediction, holders should brace for corrections toward $31.50.

Could Polygon Increase to $1.05?

The price of MATIC has surged by 6.74% within the last week, from $0.88 to $0.95. Polygon bulls claim that MATIC is set to sustain its upward momentum and rise toward the $1.05 level in the upcoming term.

This optimistic MATIC price forecast is based on multiple factors, such as Polygon’s continued surges in terms of daily active users and Polygon’s increased whale activity. For example, Spot On Chain reported on February 17 that a wallet linked to Polygon’s Hermez Network had deposited 3 million MATIC tokens (worth over $2.85 million) to Kraken.

While Polygon bulls suggest MATIC as the top crypto to invest in 2024, some market analysts have evaluated MATIC as a high-risk investment based on the token’s increased price volatility. As for the latest negative Polygon price prediction, MATIC could decrease to $0.83 in the following weeks.

Analysts claim that $RBLZ is poised to leave opponents like INJ and MATIC far behind in the crypto race. The Rebel Satoshi presale ends on February 29, so don’t hesitate to take action right away!

For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram

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February 24, 2024
3 altcoins to watch this week: Polygon, Frax and Memeinator
- Polygon (MATIC) rebranding to POL could be a bullish catalyst.
- Frax (FXS) is launching its layer-2 blockchain, potentially buoying price outlook.
- Memeinator (MMTR) presale has reached stage 15 as meme coin looks to dominate market upon launch.
The past week saw cryptocurrencies surge as Bitcoin broke above $48,000. While BTC price has retreated below the above level, investors keen on potential bull momentum in coming months are likely to use the dip to buy more.

Top altcoins such as Ethereum, Solana and XRP are worth a look at. However, a few tokens could stand out amid key news events and developments. Here’s why Polygon (MATIC) and Frax Finance (FXS) and Memeinator (MMTR) could be two of the tokens to watch in coming weeks.

Polygon (MATIC): Rebrand could be bullish

Polygon’s MATIC is one of the top altcoins to retreat on Monday as Bitcoin pared gains from the weekend. The cryptocurrency was down about 3% as the broader crypto market mirrored US futures ahead of this week’s economic data releases.

MATIC however remains more than 5% up this past week and in position to retest the $1 level. According to crypto analyst The DeFi Investor, Polygon is one of the projects to watch in coming weeks due to the upcoming MATIC to POL rebrand.

Per the analyst, the rebrand could happen this month and such events have “generally [been] bullish if done right.”

Frax Finance (FRX): L2 launch is a key milestone

On February 7, 2024, the Frax Finance team announced access to the testnet and mainnet of its modular blockchain Fraxtal. Immediate access was available for select partners, while it is set to go live for normal users in coming days.

Fraxtal has incentives lined up for users, including an airdrop, liquidity rewards, and new FXTL points. These are earmarked for later this month, with the platform’s partners and developer teams using the interim time to bring their dApps to the blockchain. Staking of FXS is also open.

FXS price reached highs of $42.80 in January 2022. The current price is 79% down from that peak. If the Frax L2 blockchain public launch adds to overall market catalysts for FXS, its likely to be one of the tokens to watch in coming months.

Memeinator (MMTR): The meme coin to challenge DOGE?

Memeinator is a new crypto token in presale. The MMTR token is a meme coin that will be the utility token of the Memeinator ecosystem.

When it launches, Memeinator’s main goal will be to establish itself as a top meme coin project that challenges and possibly overtakes Shiba Inu and Dogecoin. Part of that mission comes with a hostile takeover of all useless meme coins that offer nothing to the community.

These subpar tokens are mere copycats that have often left holders with worthless bags. Inspired by the Terminator, the Memeinator has come with the Meme Warfare – ready to render judgement to weak meme tokens.

The project has already shown its traction with the massive presale participation, surge in social media followers and perhaps most importantly, the launch of its staking pool and token burn. The target is to reach a $1 billion market cap, and that means a potentially significant surge in post-launch price.

Currently in stage 15, the Memeinator has raised more than $4.2 million, with MMTR price rising to $0.022. Details on the Memeinator presale page shows the next price level will be $0.023, and the value will continue to rise through stage 20 of the presale.

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February 12, 2024
Polygon (MATIC/USD) jumps 3% on Mastercard partnership. Is it now bullish?
- Polygon’s MATIC rose more than 3% after its partnership with Mastercard for Web3
- The network had a range of Web3 partnerships in 2022
- MATIC still lacks sufficient upside and is vulnerable at $0.77
Polygon (MATIC/USD), a Layer-2 scaling solution on Ethereum, is showing little signs of stopping in 2023. After the busy year 2022, the network has again inked a partnership with payments giant Mastercard. In the latest cryptocurrency news, Polygon will help Mastercard launch a Web3-focused incubator for artists. Polygon’s native token reacted to the positive development, adding an intraday of 3%.

According to the announcement, Mastercard’s accelerator program will launch in Spring 2023. It is expected to equip emerging artists – musicians, producers, and DJs with the skills and tools in a digital economy. Artists can build their brands through Web3 and virtual worlds through the program.

The partnership earmarks Polygon as a go-to protocol for major brands, governments, and NGOs entering Web3. Polygon Studios CEO Ryan Wyatt says Web3 has the potential to help artists expand their fan base. This is through new mediums of connection and expression that will be possible through the Matercard accelerator program. Other brands courting Polygon for Web3 include Starbucks, Nike, Meta, and the social platform Reddit. The partnerships helped MATIC remain relatively stable compared to peers as the crypto winter ravaged 2022.

MATIC struggles above the $0.77 support

MATIC/USD Chart by TradingView

A technical outlook shows MATIC struggling to recover at the $0.77 support. The cryptocurrency has been consolidating at this support for three weeks. Although the MACD indicator shows momentum has improved, it is still bearish.

What is likely next for MATIC?

The price of MATIC is vulnerable as long as bulls remain weak at the $0.77 support. Although buyers have defended the support successfully for a while, the limited upside is a reason to exercise caution.

A potential break below $0.77 could heighten bear pressure. In the meantime, consolidation is more likely unless buyers get excited by the latest development and push MATIC higher.

Where to buy MATIC

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Buy MATIC with eToro today

Binance

Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.

Binance is also known for having low trading fees and a multiple of trading options that its users can benefit from, such as; peer-to-peer trading, margin trading and spot trading.

Buy MATIC with Binance today

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January 8, 2023
Polygon (MATIC/USD) defends support as the last testnet launches with a huge milestone
- Polygon announced the second testnet before going live on mainnet
- MATIC has consolidated at $0.8 for the past week
- The token could resist bear pressure to rise toward $1
Polygon (MATIC/USD) traded at a support zone at $0.8 on Friday, a level it has held for a week. Although the consolidation is not positive for bulls, it should give hope for a potential recovery. That’s combined with positive cryptocurrency news for the Polygon network.

According to the latest announcement, Polygon has launched its second and final public testnet. The testnet makes Polygon ready for the mainnet launch in Ethereum, expected in early 2023. The announcement indicated that the testnet was for a new upgrade, dubbed recursion. The upgrade is expected to boost Ethereum scaling significantly.

Polygon has lauded the upgrade, which says it is the first zkEVM, a new scaling technology on Ethereum. zkEVM is expected to enhance Ethereum’s speeds and privacy and cut transaction costs. That would make it easier to build dApps.

MATIC price is yet to react to the positive developments. However, data from PolygonScan shows that unique addresses on the network are rising. The addresses hit an all-time high of more than 201 million this week. The growth underlines continued growth in the activity that could boost MATIC’s price at a later date.

MATIC defends the $0.8 zone from the bear pressure

MATIC/USD Chart by TradingView

The daily chart outlook puts bears in control of MATIC. The RSI remains below the midpoint, while the MACD indicator is bearish, with weak momentum.

However, from the price outlook, MATIC has stabilised around $0.08. Recovery could be underway if bulls continue to build up. Buyers are still few at the support. The price could head towards $1 next in the bull scenario.

Concluding thoughts

We remain in a largely bear market. However, MATIC price could find a short-term appreciation if the token recovers at the support. Activity is already building on the network to give buyers hope in the medium and long term.

Where to buy MATIC

eToro

eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

Buy MATIC with eToro today

Bitstamp

Bitstamp is a leading cryptocurrency exchange which offers trading in fiat currencies or popular cryptocurrencies.

Bitstamp is a fully regulated company which offers users an intuitive interface, a high degree of security for your digital assets, excellent customer support and multiple withdrawal methods.

Buy MATIC with Bitstamp today

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December 23, 2022
Investors Sell Polygon (MATIC) and Shiba Inu (SHIB) For The Hideaways (HDWY) After it Gets 9,000% Growth Projection

What’s happening in crypto? Yesterday saw the Polygon and Shiba Inu price spike along with the wider crypto market. Polygon (MATIC) and Shiba Inu (SHIB) have not had a great 2021 despite this but the Polygon and Shiba Inu price gave investors good gains yesterday.

Both projects lose out to The Hideaways (HDWY). It is the first cryptocurrency project to introduce decentralization to the property market through NFTs.. HDWY is projected to hit a 9,000% hike in 2023 after listing in major decentralized exchanges.

Polygon (MATIC)’s NFTs Sales Stalls to its Lowest in More than a Year

Investors are practicing due caution against underperforming cryptocurrencies – among them is Polygon (MATIC).

Polygon (MATIC)’s NFT sales stall at a time when Cardano (ADA)’s digital collectibles are hitting a record high. Moreover, the new NFT project The Hideaways (HDWY) sold over 60% of its presale tokens over the same period, hinting there is growing market interest in non-fungible tokens.

However, Polygon (MATIC) seems to be having it tougher than the rest. One of its most popular collections, Aavegotchi, lost 46% of its market value. Moreover, sales for the collection declined 32% over the same period.

The monthly active traders for Polygon (MATIC) NFTs on OpenSea bottomed to below 1,000 – its lowest level since July 2021.

Shiba Inu (SHIB)’s Unstable Burn Rate Poses Risk to Price

The Shiba Inu (SHIB) community monitors two important on-chain activities: whale movements and burn rate.

In the last week of September, Shiba Inu (SHIB)’s burn rate declined to its lowest level in 30 days. Meanwhile, it managed to stage a sharp comeback – surging 1,500% in the 24-hour charts where 45 million SHIB tokens had been dumped to dead wallets.

Analysts noted that this inconsistent burn rate poses risk to the price moving forward. This comes as investors would likely dismiss linking their buying and selling signals with how many tokens are eliminated over a period as it changes very fast.

Due to the volatility in Shiba Inu (SHIB)’s burning activities, investors are taking refuge in more stable projects like The Hideaways (HDWY) which possess a more stable growth pathway for clever investors.

The Hideaways (HDWY) Gets a 9,000% Price Projection from Wall Street Analyst

The Hideaways (HDWY) is getting attention lately due to its ability to connect crypto investors to luxury property investment. For the first time, a cryptocurrency project will revolutionize the way regular investors acquire properties through a decentralized platform.

The Hideaways (HDWY) will use a global team of property experts to hand pick properties for their ability to produce yield above 20%. These properties will be linked to an NFT and each NFT will be offered for sale to HDWY investors.

The HDWY project is the first of its kind in the crypto industry and has the first mover advantage – similar to Tesla and electric cars! We think this project will explode in 2023 and it’s incredible that investors are able to take part in the presale at just $0.06.

Due to its novel offering, The Hideaways (HDWY) can hit a 9,000% gain in 2023. You’re up for exponential gains if you invest while The Hideaways (HDWY) sells at $0.06. The price will rise soon, so invest now!

Website: https://www.thehideaways.io
Pre-Sale: https://ticket.thehideaways.io/register
Telegram: https://t.me/thehideawayscrypto
Twitter: https://twitter.com/hdwycrypto

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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October 27, 2022
Budblockz (Blunt), Shiba Inu (Shib), and Polygon (Matic). Three Must-Haves for Any Crypto Portfolio – CryptoMode

Holding cryptos while their values rise brings about outstanding returns on your initial purchase, boosting your portfolio for future trades.

Shiba Inu (SHIB), Polygon (MATIC), and Budblockz (BLUNT) are must-haves for your crypto portfolio, as they have the potential to do well.

Two cryptocurrencies that have provided outstanding returns in the past are Matic and Shiba Inu, with Shiba Inu recording a remarkable increase between its launch price to November 2021.

Also Read: Bonds.org: Game-changers in Cardano Decentralized Lending

Budblockz (BLUNT) could follow the trend these crypto giants set as it is currently smashing through its presale stage, raising $1 million.

This guide will examine these three tokens that have the potential to boost your portfolio. Let’s begin!

Budblockz (BLUNT)

The increasing legalization of marijuana has led to the rapid growth of the cannabis industry, with an estimated global market value of more than USD 240 Billion by 2030. However, it is still an industry where businesses struggle with many banking problems. This is where BudBlockz comes in.

BudBlockz is a growing cannabis industry community and will offer asset-backed NFTs in the space. The platform will facilitate transactions related to cannabis assets in the real world and virtual landscapes while allowing NFT shares for farms, dispensaries, and more.

Also, trading BLUNT tokens and other cryptocurrencies will support consumers, investors, and business owners who need a private but secure decentralized platform to sidestep the issues associated with banking, which is still considered a controversial industry.

The BLUNT token is essential to the development of BudBlockz. With the private sale selling out before closing time and the ongoing presale phase raising over one million dollars, BudBlockz is the must-have crypto.

Shiba Inu

Shiba Inu holds the record as one of the most profitable value increases in the crypto market. For example, if you purchased $10 of Shiba Inu at the beginning of 2021, you would have become a millionaire in October 2021.

Meme tokens are known for their volatility, and Shiba Inu is not different from the rest. With the 2022 market crash, Shiba Inu followed the rest of its meme coin compatriots and toppled in price.

However, something interesting is happening with Ethereum (ETH) whales since Shiba Inu’s price has stabilized.

The most profitable cryptocurrency to purchase by Ethereum whales is Shiba Inu. One Ethereum whale purchased SHIB worth 536 billion ahead of the Ethereum merge. Most Ethereum whales still retained their SHIB even when Shiba Inu’s price dipped below the support level.

Polygon (MATIC)

Polygon is making blockchains more scalable and less congested. Its Layer-II solutions are sidechains working on a bigger blockchain to enable users to process transactions faster. With layer-II solutions, the major network will process transactions at a fast and affordable rate. Also, this will bring an influx of transactions to the ecosystem.

Polygon protocol works like its geometric name. It means a shape with a finite number of sides. Similarly, the Polygon network has numerous shapes and sizes. Polygon is an add-on to the Ethereum technology and works to improve the network.

Polygon was formerly known as Matic, but it rebranded and changed its name while retaining its ticker (MATIC). MATIC is the governance, utility, and native token of the Polygon network.

In Summary

Historically, Shiba Inu (SHIB) and Polygon (MATIC) have provided huge profits for their holders, allowing them to boost their portfolios effectively. Budblockz (BLUNT) looks to replicate this success when it launches.

Learn more about BudBlockz (BLUNT) at the links below:

Official Website: https://budblockz.io/

Presale Registration:: https://app.budblockz.io/sign-up

Telegram Group: https://t.me/BudBlockz

Discord Server: https://discord.gg/s7hBFgvTmN

All BudBlockz Links: https://linktr.ee/budblockz

Always conduct proper research when dealing with pre-sales of currencies and tokens. The information above does not constitute investment advice by CryptoMode or its team, nor does it reflect the views of the website or its staff.

CryptoMode produces high quality content for cryptocurrency companies. We have provided brand exposure for dozens of companies to date, and you can be one of them. All of our clients appreciate our value/pricing ratio.
Contact us if you have any questions: [email protected]
None of the information on this website is investment or financial advice. CryptoMode is not responsible for any financial losses sustained by acting on information provided on this website by its authors or clients. No reviews should be taken at face value, always conduct your research before making financial commitments.

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October 26, 2022
Bitcoin, Binance Coin, Polygon, and Shiba Inu Daily Price Analyses – 22 October Morning Prediction

The global crypto market has continued to grow in value due to the influx of capital. The recent hours have seen a speedy growth in value, which has strengthened the emaciated coins. The value of Bitcoin, Binance Coin, and others will likely increase if the current trend continues. The last few months have proved trying for the market as the situation has worsened instead of improvement. There have been sparse moments of respite but no definitive positive change.

Spain has overtaken El Salvador to become the third-largest crypto ATM hub. Spain currently hosts 215 crypto ATMs, pushing El Salvador, which is home to 212 ATMs. While US and Canada are the top two countries with crypto ATMs. The ongoing changes have pushed El Salvador to the fourth position. Data from CoinATMRadar confirms that Spain represents 0.6% of the global crypto ATM installations.

Moreover, this data shows that Spain contributes 14.65% to Europe’s crypto ATM installations. Spain is followed by Switzerland, Poland, and Romania. The mentioned country installed 43 crypto ATMs in 2022. While it has plans to complete the installation of 100 ATMs by the end of the year. Thus, the total number of ATMs completed will reach 300.

Here is a brief overview of the current market situation analyzing the performance of Bitcoin, Binance Coin, and others.

BTC continues to grow

As whales have aggressively accumulated Bitcoin, $1 billion worth of BTC has left Coinbase in a day. Despite the slowdown in the market, resilience has been noticed for Bitcoin. The fundaments seem to be bringing Bitcoin to highs as the demand grows.

Source: TradingView

The recent changes for Bitcoin show a continuation of the positive trend. The latest data shows that it has added 1.07% over the last 24 hours. The seven-day data for Bitcoin shows an addition of 0.17%.

The continuation of gains has brought BTC’s price value to the $19,189.67 range. The market cap value for Bitcoin is estimated to be $368,178,487,675. The 24-hour trading volume of Bitcoin is about $28,659,590,616.

BNB stays bullish

Quant has got listed in Binance futures as its price resets to $170. As it has been placed in Binance futures, there have been hopes for enhancement in its value. Though the price of this coin was rejected by the high of $220, it is still above the key support area.

Source: TradingView

The recent changes for Binance Coin show strength in its value. The latest data shows that it has added 1.22% over the last day. The seven-day data shows that it has shed 0.29%.

The price value for BNB is currently in the $270.01 range. The market cap value for this coin is estimated to be $43,195,922,000. The 24-hour trading volume of this coin is about $509,928,449.

MATIC continues forward-march

The performance of Polygon has also shown a positive trend. The latest data shows that it has added 4.61% over the last 24 hours. The weekly performance of this coin shows an addition of 3.61%. The price value for MATIC is currently in the $0.8256 range.

Source: TradingView

The market cap value for Polygon is estimated to be $7,218,796,717. The 24-hour trading volume of this coin is about $356,182,684. The same amount in its native currency is about 430,960,001 MATIC.

SHIB vigorous

The value of Shiba Inu has also increased due to the bullish market. The latest data shows that it has added 2.71% over the last day. According to its weekly performance, there has been a decline of 1.74%. The price value for SHIB is currently in the $0.00001003 range.

Source: TradingView

The market cap value for Shiba Inu is estimated to be $5,505,243,502. The 24-hour trading volume of this coin is about $139,569,693. The circulating supply of this coin is about 549,063,278,876,302 SHIB.

Final Thoughts

The global crypto market has seen a positive trend over recent hours. The latest data shows that Bitcoin, Binance Coin, and others continued to grow. As the market has retained gains, there has been a strength seen in its value. The global market cap value has also enhanced. The latest data shows that it is estimated to be $921.46 billion.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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October 22, 2022