Is Polygon Going to Zero? MATIC Price Sinks 6% as Novel Meme Coin Rakes in $420,000 in Funding – Next PEPE or Shiba Inu?
Polygon (MATIC) crypto price has sunk -6% amid broader de-risking in markets, triggered by the conflict between Israel and Hamas - but with MATIC price trading low - is Polygon going to zero? This comes just a week after...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
This comes just a week after co-founder Jaynti Kanani revealed he was leaving Polygon ahead of the highly anticipated Polygon 2.0 to explore "new adventures".
A major down-shift for Ethereum - which fell below $1,600 yesterday - could be the trigger for the latest drop....
Read More: Is Polygon Going to Zero? MATIC Price Sinks 6% as Novel Meme Coin Rakes in $420,000 in Funding – Next PEPE or Shiba Inu?
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
CONNECT recap: Liquidity is tokenization’s next challenge, everyday stablecoins
Panelists at Cointelegraph’s Singapore CONNECT event explored opportunities in tokenized markets, the future of everyday stablecoi...
Bitcoin Price Prediction: Bitcoin Tracks Treasury Real Rates, Fidelity Finds
Bitcoin is trading at $82,000, rebounding from $80,000 since yesterday morning, as traders weigh a new macro signal that could fli...
Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report
Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report German multinational Deutsche Bank is just weeks away...
Polymarket Bitcoin and Rate Hike Odds Shift as CME Says No Change
Polymarket put the odds of a 25-basis-point Federal Reserve rate hike in October at 23%, with $43 million traded, while CME FedWat...
Crypto Analyst Lark Davis: The Bitcoin Bull Run has Begun
Bitcoin Magazine Crypto Analyst Lark Davis: The Bitcoin Bull Run has Begun Bitcoin has been trading sideways in the $80Ks, but Lar...
Math Professor Warns of Threat to Bitcoin from AI Pivot
Bitcoin Magazine Math Professor Warns of Threat to Bitcoin from AI Pivot Could anyone actually break Bitcoin? Micah Warren, associ...