The post Polygon (MATIC) Price Analysis: Will Dormant Wallets Trigger an Uptrend? appeared first on Coinpedia Fintech News
In the last one year period, Polygon’s cryptocurrency, MATIC, has witnessed a decline of at least 21.6%. In this week alone, it has marked a fall of 17.7%. The price of MATIC touched a peak of $1.2700 in mid-March. Since then, the market has been losing its strength. It entered a sideways market in mid-April, post a sharp decline. How long will this weak trend continue? A new report published by Santiment indicates that it will not take long for MATIC to meet an uptrend. For more on this, read on!
MATIC Market: A General Overview
The MATIC market opened this year 2024 with a green candlestick. On the first day of the year, it closed at $1.0171. Later, for a short period, the market weakened. But in late January, the buyers of the market took control of the market. They took the price as high as $1.2711 in mid-March. Post that, the market situatio
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