Polygon teases a metaverse game changer. Is MATIC now bullish or about to be?

2022-11-15 20:55

After a series of developments, Polygon (MATIC/USD) is again making airwaves. This time around, the network is entering the metaverse – a new milestone.

On November 12, Polygon announced it was taking the first airport to the metaverse. The blockchain announced that BLR Airport was entering the virtual world. BLR will benefit by showcasing its services to customers in a virtual space. On the other hand, a successful endeavour could see more metaverse projects building on Polygon and raising its token’s utility.

It is still early to speculate how much of a success Polygon’s metaverse endeavours will be. However, we already know that the virtual reality world grew immensely last year, boosting tokens of associated platforms. Thus, the latest cryptocurrency news should be well received by Polygon fans.

Meanwhile, Glassnode data shows that the total number of MATIC addresses has been increasing over the past month. The growth happens amid a largely bear crypto market, indicating that investors hold Polygon highly. Consequently, MATIC has been relatively stable compared to peers in a bear market. 

MATIC price outlook as it hits resistance

Source – TradingView

On the daily chart, momentum is weak for MATIC amid a bearish MACD crossover. However, MATIC is stable, as bulls defended the $0.77 level when the market crashed last week. The cryptocurrency is pushing higher, but the $0.96 resistance is holding it back. 

Is MATIC about to become bullish?

MATIC’s price has recovered slightly, but there is no indication the token could become bullish soon. The cryptocurrency has to clear $0.96 to consider a bullish bias.

The cryptocurrency is open to consolidation at the current level if the price does not get the catalyst to break higher. Investors should wait for a breakout at the key level.

Where to buy MATIC

eToro

eToro is a global social investment brokerage company which offers over 75 cryptocurrencies to invest in. It offers crypto trading commission-free and users on the platform have the option to manually invest or socially invest. eToro even has a unique CopyTrader system which allows users to automatically copy the trades of popular investors.

Buy MATIC with eToro today Disclaimer

Bitpanda

Bitpanda is a digital assets brokerage company. It has grown to become one of the most popular crypto exchanges in the world, as it offers a user-friendly interface, it has developed a bunch of great features and it offers a variety of coins to invest in. Bitpanda has also built a reputation for security, and it has never experienced a hack of its data before.

Buy MATIC with Bitpanda today

The post Polygon teases a metaverse game changer. Is MATIC now bullish or about to be? appeared first on CoinJournal.

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polygon metaverse matic around milestone new network

Источник: coinjournal.net

polygon metaverse → Результатов: 43


Dvision Network welcomes the Bitski to metaverse!

Dvision Network Mar 18 · 4 min read Bitski joined Dvision via the Polygon LAND Grant Program The Dvision Network is an ultimate blockchain-based NFT metaverse platform. The Dvision Network establishes a cutting-edge metaverse ecosystem, by utilizing its own VR technology, that helps to lower the entry barriers for all types of users across the […] The post Dvision Network welcomes the Bitski to metaverse! appeared first on NFT News Today.

2022-3-18 09:57


Introducing YGG’s India-focused SubDAO, IndiGG

Yield Guild Games Mar 4 · 3 min read Backed by Polygon Studios, IndiGG is an extension of the main Yield Guild Games (YGG) DAO. As a regional subDAO, it is focused primarily on expanding the play-to-earn opportunities in India, with the goal of onboarding passionate Indian gamers into the Metaverse and maximizing their earning […] The post Introducing YGG’s India-focused SubDAO, IndiGG appeared first on NFT News Today.

2022-3-4 15:02


Фото:

e-DAO Spearheads Media & Entertainment Web3 Revolution: Hungama Entertainment and Hindustan Talkies become anchor partners

Indian entertainment behemoth Hungama Digital Media has come together to create Hefty Entertainment, a metaverse platform, the first project under e-DAO. e-DAO (Entertainment- DAO) powered by Polygon is an entertainment and creator economy focussed DAO, designed to create the world’s largest entertainment collective.

2022-2-22 11:55


Dvision LAND NFTs are coming to Polygon!

The ultimate metaverse multichain future is already here! Dvision Network Jan 13 · 2 min read Dear Community Members, We are thrilled to announce, that we have finalized the support of the Polygon Network in Dvision! We are now set to release our LAND NFTs on Polygon Mainnet as a part of our initiative to […] The post Dvision LAND NFTs are coming to Polygon! appeared first on NFT News Today.

2022-1-13 12:01


Another Star in the CryptoBlades Metaverse: Welcome Cryptomeda

CryptoBlades Just now·2 min read CryptoBladers, we have joined with Cryptomeda as a partner as of December 8th, 2021! To kick things off, they have provided tokens for our MultiFarm feature which allows players on Polygon Network to claim TECH tokens rather than SKILL for their rewards! About CryptoMeda Cryptomeda is a gaming ecosystem that […] The post Another Star in the CryptoBlades Metaverse: Welcome Cryptomeda appeared first on NFT News Today.

2021-12-21 02:02


Фото:

Enjoy-To-Earn NFT Game Deesse Raises $2 Million In Seed Round Funding

NFT games are becoming increasingly popular with several launching in the play-to-earn game ecosystem. Deesse, a blockchain-based enjoy-to-earn placement game has also closed its first seed round. The game raised $2 million at the close of the seed round with many major investments from Polygon Studio, Founder of Polygon, Republic capital, Metaverse money, AU21, Tron […]

2021-12-8 23:15


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