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Top Crypto Strategist Warns Dogecoin and Polygon Holders, Says DOGE and MATIC Could Witness Drastic Corrections

A crypto analyst who continues to build a following with accurate Bitcoin and altcoin calls as of late is addressing holders of Dogecoin (DOGE) and Polygon (MATIC). Pseudonymous analyst Capo tells his 647,500 Twitter followers that leading meme token DOGE will likely lose nearly 90% of its value after flipping support at $0.15 into resistance.[Read more…]

Polygon Witnesses Sharp Drop in Supply As MATIC Disappears From Exchanges: Crypto Insights Firm Santiment

A leading analytics firm is revealing that blockchain scaling solution Polygon is witnessing a dramatic drop in the supply of MATIC on crypto exchanges even after the token’s explosive rally in the last few days. In a new report, Santiment says the “crowd is piling in” on Polygon as supply on crypto exchanges plummets from over one[Read more…]

Crypto Trader Says Dogecoin and a Top-20 Ethereum-Based Altcoin Are Primed for Explosive Rallies

A popular crypto analyst says Dogecoin (DOGE) and Polygon (MATIC) are primed for huge rallies as markets move sideways. The pseudonymous trader known as Kaleo tells his 538,100 Twitter followers that Dogecoin is consolidating around a baseline bullish price at $0.13 and he predicts a more than 50% price bounce. “Slowly returning to its baseline bullish trend,[Read more…]

Meta Announces New Product Allowing Creators To Build Instagram NFTs on Polygon (MATIC)

Social media giant Meta is announcing a new feature to allow creators to make their own non-fungible tokens (NFTs) and sell them directly on Instagram. The NFTs will be minted on Polygon (MATIC), which surged by 12.8% over the last 24 hours following the announcement. “Creators will soon be able to make their own digital[Read more…]

Starbucks Chooses Polygon (MATIC) To Launch New NFT Community and Rewards Program

Coffee giant Starbucks is teaming up with Polygon (MATIC) to give its loyalty program customers a chance to buy and earn collectible non-fungible token (NFT) stamps. Starbucks Coffee Company is turning to Polygon to launch the collectible digital stamps as part of its Web3 program called Starbucks Odyssey.  The program will launch later this year, but a waitlist for[Read more…]

Scaling Solution Polygon Plans To Aggressively Expand by Hiring 200 People in Coming Months: Report

Ethereum (ETH) scaling solution Polygon (MATIC) is reportedly planning to aggressively hire more workers to take advantage of the crypto downturn this year. According to a new report by Bloomberg, Polygon is going to broaden its workforce by 40% in the coming months to capitalize on the availability of talent after a number of crypto companies either laid[Read more…]

Coinbase Warns Polygon (MATIC) and Other Scaling Solutions Pose a Threat to Ethereum (ETH) Price – Here’s Why

Crypto exchange Coinbase is analyzing the impact that scaling solutions could have on the Ethereum (ETH) blockchain. In a research report, Coinbase says that layer-2 scaling solutions (L2s) could cannibalize Ethereum’s revenue. “The future of L2s could very well be a zero-sum game, as whichever L2 houses the majority of decentralized applications could one day power the[Read more…]

Trading Bot Known for Beating Crypto Markets Chooses Cardano (ADA), Polygon (MATIC) and Chainlink (LINK)

A robot that’s earned a reputation for outperforming the markets is unveiling its latest altcoin allocations as most cryptocurrencies give up their recent gains. Every week the Real Vision Bot conducts surveys in order to generate algorithmic portfolio assessments that reveal a “hive mind” consensus. The bot’s newest data finds that traders’ risk appetite remains aggressive, with[Read more…]