MATIC Rally Gathers Speed as Meta Announces Polygon-Powered NFTs, Chart Signals Golden Cross
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Nov 6
Omkar Godbole was a senior reporter on CoinDesk's Markets team. The advance in scaling system Polygon's native cryptocurrency MATIC has accelerated in the wake of positive news and bullish chart patterns. MATIC has rallied 30% in two days, reaching a six-month high of $1.15 on Friday, according to CoinDesk data. The climb has lifted the cryptocurrency's cumulative gain since the end of June to 270%. The latest leg higher could be attributed to Web2 giant Meta's decision to...
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