How far can MATIC climb as Polygon works with Shopping.io to integrate it for payments?

2022-10-6 13:18

Polygon has begun working with Shopping.io as a means of integrating the MATIC cryptocurrency as a form of payment on the platform.

Polygon (MATIC/USD) is essentially a platform purpose-built to scale Ethereum (ETH/USD) and provide an infrastructure on top of which developers can create numerous decentralized applications (dApps). 

It features the Polygon SDK, which is a modular and flexible framework that powers the growth of Decentralized Finance (DeFi), where anyone can create optimistic rollup chains, ZK rollup chains, and standalone chains.

Polygon stands out due to the fact that it offers quick transactions and low fees whilst also maintaining the ability of smart contract creation, dApps and games. 

The Shopping.io integration as a catalyst for growth

In the latest Polygon news, on October 4, 2022, Shopping.io made an official announcement that they will be integrating MATIC as a form of payment on the platform.

Additionally, with this launch, they will also offer a 2% discount for the first 30 days as well as free shipping for the first 7 days with every use of the cryptocurrency.

From October 4, MATIC will be added to Shopping.io’s payment processor, known as Shopping Pay, and this will, in turn, allow holders to purchase goods through the utilization of the biggest retailers.

Some of the most well-known retailers that can be used include Amazon, eBay, Walmart, and Home Depot.

This integration will offer MATIC a higher level of utility outside of its own blockchain and provide the token with another level of intrinsic value.

This means that we can expect the MATIC cryptocurrency to increase in value going forward.

Should you buy Polygon (MATIC)?

On October 5, 2022, Polygon (MATIC) had a value of $0.8298.

MATIC/USD Chart by Tradingview.

The all-time high of Polygon (MATIC) was on December 27, 2021, at a value of $2.92. Here we can see that at its all-time high, MATIC was trading $2.0902 higher in value or by 252%.

When we go over its performance throughout the week, Polygon (MATIC) had its low point of value at $0.724419, while its high point of value was at $0.844798. This marked an increase in value of $0.120379, or 16%.

In terms of the 24-hour performance, Polygon (MATIC) had its low point at $0.825235 and its high at $0.844798. Here we can see an increase of $0.019563 or 2%.

With this in mind, investors might be interested in buying MATIC as it can climb to $1 by the end of October 2022.

The post How far can MATIC climb as Polygon works with Shopping.io to integrate it for payments? appeared first on Invezz.

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Matic Network (MATIC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.5485
Капитализация $0 Rank 99999
Цена в час новости $ 0.8547 (-100%)

polygon matic shopping usd platform purpose-built scale

Источник: invezz.com

polygon matic → Результатов: 126


Polygon (MATIC) Nears Resistance Level; Whales Eye Avalanche (AVAX) and InQubeta (QUBE), an Emerging AI Altcoin

The crypto scene isn’t short of excitement, from GoDaddy’s recent integration with ENS to Wormhole’s snapshot of its upcoming massive airdrop to Bitcoin hitting $50,000. With the overall market on the rise, altcoins have been gaining traction, with Polygon (MATIC) about to break the $1 resistance level.

2024-2-23 23:00


Polygon’s MATIC Price Faces Potential Downturn Due to Major Holder’s Sales

Polygon holders were left scratching their heads today as Polygon’s native token MATIC faced selling pressure seemingly out of the blue. The selloff might came on the heels of a report from on-chain analytics platform Spot On Chain, which revealed that wallet address 0xa31 – linked to layer-2 scaling protocol Hermez Network which was acquired […] The post Polygon’s MATIC Price Faces Potential Downturn Due to Major Holder’s Sales appeared first on CaptainAltcoin.

2024-2-17 11:34


Polygon Bulls Form Strong Support, Buys Record $5.8B MATIC at This Price; Cardano (ADA) Poised to Move +20% to Next Resistance

Crypto Analyst @ali_charts posted that most Polygon (MATIC) tokens were purchased between $0. 80 and $0. 86, with 42,000 addresses holding close to 5. 8 billion MATIC in this key demand zone. He notes that given the minimal resistance ahead, Polygon seems primed for a bull run as long as this level around $0.

2023-12-9 10:48


From Polygon NFT Wins To MATIC Gains: Understanding The Connection

Polygon has recently witnessed a remarkable surge in its non-fungible tokens (NFTs) sales volume and the influx of sellers participating in this burgeoning market. This growth in the NFT sector has sparked considerable interest and speculation among investors, prompting many to ponder the potential impact it may have on the price of MATIC, the native cryptocurrency of the Polygon network.

2023-7-22 16:15


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