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Looks like a nice leg up today after the Disney announcement. Hoping to see Polygon back up over $1 by the end of the month!
Me too
GLTU ! GLTA !
Oh it’s not done and just gonna keep falling! .70s on the way!
.30s to .60s
I'll load .30s if I can....
Looks like we break 46500 k
Here comes 45k. Matic moving up.
Btc might hit 41 then it crashes to 14 or 20 to 26k...I will wait for the crash
I hear ya, nothing looking good atm. I do DCA through crypto mining. Mine Ethereum, get paid in Matic. I HODL both long term. GLTY
Head n shoulders pattern won't touch this till wave C is over
Polygon (MATIC) Crypto Gets a Massive Boost With $450M Fundraise
https://markets.businessinsider.com/news/stocks/polygon-matic-crypto-gets-a-massive-boost-with-450m-fundraise-1031168257
Polygon (CCC:MATIC-USD) is a familiar name to most crypto investors. The network has carved out a name for itself after last year’s boom in active blockchain users. While many layer-1 networks like Ethereum (CCC:ETH-USD) struggled to keep up with transaction demand, Polygon’s layer-2 solution made it a no-brainer among those looking to avoid high gas fees. Now, its hard work is paying off in 2022 as the network finds $450 million falling in its lap through a recent fundraise. The Polygon (MATIC) crypto news is in turn leading to some big gains for investors.
Source: Shutterstock
The Polygon network has been plugging along recently with acquisitions and new updates that strengthen its position as a scaling play. One of its most notable recent developments is its Plonky2 zk-scaling rollout; as a result of the release, users can now tap zero knowledge (zk) proofing technology to transact on Polygon. This, of course, wouldn’t be possible had it not been for the blockbuster acquisition of Mir Protocol by the network.
More recently, MATIC is benefitting from an update that brings token burning to the platform. With Ethereum’s recent Improvement Proposal going live on Polygon, MATIC tokens will slowly be burned. With a fixed supply of 10 billion tokens, the upgrade will do much to influence the supply and demand economics of the token.
Polygon (MATIC) Crypto Soars From $450M Fundraise
Today, a new kind of catalyst is giving the Polygon (MATIC) crypto a boost. A new fundraise, led by Sequoia Capital, is injecting a lot of money into the layer-2 project.
When it comes to venture capital firms, Web 3.0 technology is one of the hottest investments of the moment. These firms are looking for the best projects for the next era of the internet, and Polygon is seen as a leader. This much is evidenced by the impressive fundraise it just held.
The network is raising over $450 million in its recent private token sale. Led by Sequoia, the fundraise also saw participation from the likes of Softbank (OTCMKTS:SFTBY), Galaxy Digital and an investment by blockchain bull Kevin O’Leary.
Polygon says it plans to use the money to fund its many scaling ventures. This includes bulking up the zero knowledge proofing technology it recently released; the network made a $1 billion commitment to funding zk proofing amid its acquisition of Mir. It also includes developing new scaling technologies that it doesn’t yet offer.
As investors digest the news, MATIC is on the rise. The token is up nearly 16% today; it is also seeing a trading volume of over $1.5 billion, a 140% rise over yesterday’s volume.
"Coinbase currently supports trading of the cryptocurrency Polygon(MATIC) but they do not use MATIC's network, instead they use Ethereum. This has caused many users to completely lose their MATIC tokens when they deposit into Coinbase's exchange. The response given by support is that if/when they add MATIC's network to their platform user's will be able to request to get their MATIC back. This petition is an attempt to encourage Coinbase to add add MATIC, so users can get their money back! 0 have signed. Let’s get to 200! Thanks to your support this petition has a chance at winning! We only need 51 more signatures to reach the next goal - can you help? Take the next step!"
https://www.change.org/p/get-coinbase-to-add-the-matic-network-to-their-platform
I doubt it....all the MM's are still at "The Hampton"s Money won't flow till mid January IMHO......... but by Feb 1st 10.00 a share is a conservative idea..... IMHO
Rank #14
Coin
On 932,377 watchlists
Polygon Price (MATIC)
$2.79
6.84%
0.00005535 BTC7.98%
0.0006834 ETH6.94%
POLYGON$ WOOHOOOOOO WOOHOOOOOO TODAY $10 TARGET PRICE
We are over the hump now :)
I agree...share price will continue to be controlled by software programs IMHO ......but long-term chart says big rewards IMHO
Xmas time.........holding it now .....
buy 2.09 again? or set limit at 1.93?
Still falling…crypto is just having a $hitty December across the board!
Oh yeah.. One of the greats.
P.S. thanks for the earworm. Lol.
Anyone have a summary or link of today's content?
About 15 minutes before the news announcement was scheduled this morning, I signed up and it said I'd receive an email confirmation, and I assume link, shortly. But even an entire day later now, I never received an email of any kind, so I never got to watch and listen to any of it. Very frustrating.
Someone did post on YF about the big purchase, which is great news, but does anyone know anything more about what was said throughout the conference? I'd welcome a summary, or link or anything frankly. Apparently it was very positive, but I'd love more details. Thanks.
Go Bitcoin! Go Ethereum! And Go MATIC!
Learn to trade bought back at 2.09 now 2.25 :)
Still falling…headed back under $2. So if you like it, wait!
Weeeeeeeeeeeeee
Great news for newbies especially after todays pod cast :)
https://polygonzk.ethglobal.com/
Doing nothing but dropping! Right back under $2 again!
Polygon(MATIC) exceeds $3,000 in 2026.
And exceeds $30,000 in 2030.
Buying like crazy down here, right now. And will be a HODL'er, adding more over time.
GLTA
$Matic takes that " Stairway to Heaven " tomorrow :)
https://www.bing.com/videos/search?q=heart+stairway+to+heaven+(live)&docid=608026932456981426&mid=633BB9879460C92341CC633BB9879460C92341CC&view=detail&FORM=VRAASM&ru=%2Fvideos%2Fsearch%3Fq%3DHeart%2BStairway%2Bto%2BHeaven%2BFull%2BVersion%26FORM%3DRESTAB
“I think investors are finally waking up to the fact that Polygon is essentially an index fund of Ethereum scaling solutions and the 800-pound gorilla in the [zero-knowledge] space,” Dean Thomas, Polygon’s global head of institutional capital, said
https://www.coindesk.com/markets/2021/12/08/polygons-matic-token-up-40-amid-crypto-rebound/
Sorry but it won’t. It will be lucky to stay around $2.50
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