HomeNewscoinquora.comWill Matic Reach $1 After Hitting New ATH? Analyst Says Yes

Will Matic Reach $1 After Hitting New ATH? Analyst Says Yes

- Advertisement -


  • Matic has surged over 30% to set a new all-time high of $0.24.
  • Matic price has been rising since it rebranded to Polygon In February.
  • Crypto analyst Lark Davis believes Matic will reach $1 once it gets listed on Coinbase.

Matic has spiked 32.5% in 24 hours to set a new ATH of $0.245430, according to CoinGecko. By the looks of it, crypto analyst Lark Davis believes it will reach $1 once it gets listed on Coinbase.

Notably, Matic recently rebranded to Polygon as part of its goal to transform Ethereum into a multi-chain system. Polygon offers secure Layer 2 chains and stand-alone Ethereum chains.

Matic announced its upgrade to Polygon on February 9, which caused its price to start surging. In addition, the altcoin has managed to steadily push upwards as shown on the chart below.

matic coin tradingview
Source: TradingView

Matic’s bull run has caused a lot of positive reactions on Twitter. One user @missnatoshi recently posted

Crypto analyst Lark Davis also chipped in and noted that Coinbase currently has Matic listed on its custody platform.  Davis further stated that once Coinbase officially lists Matic it will go up to $1.

Also, gaming giant Atari recently integrated with Polygon. Atari is using Polygon’s L2 to scale its token and NFTs. However, Atari is just one of many key integrations that Polygon has added to its network. Thus, each partnership is a key stepping stone to Polygon becoming the ‘internet of blockchains’ a fact, reflected by its growing market cap and price.

As Matic gears for the much anticipated Aavegotchi launch tomorrow, it looks like Matic’s price may defy the current reddish trend in the crypto market.



20201016023142aff i?offer id=10&file id=543&aff id=26183

Source link

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
472FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,351FollowersFollow
2,230SubscribersSubscribe

Most Popular

bitcoin
Bitcoin (BTC) $ 57,168.00
ethereum
Ethereum (ETH) $ 1,797.17
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 513.47
litecoin
Litecoin (LTC) $ 190.89
eos
EOS (EOS) $ 4.22
okb
OKB (OKB) $ 15.18
tezos
Tezos (XTZ) $ 4.64
leo-token
LEO Token (LEO) $ 2.11
cardano
Cardano (ADA) $ 1.19
monero
Monero (XMR) $ 234.00
stellar
Stellar (XLM) $ 0.401019
chainlink
Chainlink (LINK) $ 27.88
huobi-token
Huobi Token (HT) $ 14.87
tron
TRON (TRX) $ 0.064353
usd-coin
USD Coin (USDC) $ 0.999865
dash
Dash (DASH) $ 212.21
neo
NEO (NEO) $ 44.91
iota
IOTA (MIOTA) $ 1.48
nem
NEM (XEM) $ 0.400844
zcash
Zcash (ZEC) $ 148.06
maker
Maker (MKR) $ 2,099.81
paxos-standard
Paxos Standard (PAX) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 12.37
vechain
VeChain (VET) $ 0.090280
true-usd
TrueUSD (TUSD) $ 0.999431
ftx-token
FTX Token (FTT) $ 38.30
kucoin-shares
KuCoin Token (KCS) $ 5.07
waves
Waves (WAVES) $ 12.26