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MATIC Trader Turns $80K Into $4 Million as Polygon Ends Month Up 50%
MATIC has been moving up as a zero-knowledge chain upgrade draws closer.
While many cryptocurrencies have had a favorable run this month, Polygon’s native token appears poised to close out January as a notable standout.
MATIC is up 19% in the past week to $1.19, according to data from CoinGecko, lifting gains for the token to upwards of 50% in January. This comes as the value of Bitcoin and Ethereum have increased nearly 44% and 38% in the past 30 days, respectively.
At the time of writing, MATIC is the tenth-largest cryptocurrency by market capitalization, with a total value of $10.6 billion.
Polygon is a sidechain that runs in tandem with Ethereum and seeks to improve on its counterpart by offering faster transactions and lower fees and serving as a platform for interoperable blockchains.
Full Article: https://decrypt.co/120187/polygon-matic-whale-trades-4-million
MATIC Trader Turns $80K Into $4 Million as Polygon Ends Month Up 50%
MATIC has been moving up as a zero-knowledge chain upgrade draws closer.
While many cryptocurrencies have had a favorable run this month, Polygon’s native token appears poised to close out January as a notable standout.
MATIC is up 19% in the past week to $1.19, according to data from CoinGecko, lifting gains for the token to upwards of 50% in January. This comes as the value of Bitcoin and Ethereum have increased nearly 44% and 38% in the past 30 days, respectively.
At the time of writing, MATIC is the tenth-larg...
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