MATIC has been able to hold the crucial $1 support as prices drove hard among cryptocurrencies.
However, in the past hours of press time, MATIC lost support amid a crypto splurge which brought the prices to $0.96 after a 6.47% dip.One particular observation also looks at the Polygon NFTs which have seen a meteoric rise since their inception.Parallelly, the NFT volume now holds at $113.82 million which is a 1.5x increase in the last four weeks. The total NFT volume this week stood at $113 million with over 36.8K new NFT wallets added.
This move will bring some of Neowiz’s popular gaming IPs including “Cats & Soup” and “Brave Nine” to Web3 for the first time.Can Polygon build on this new achievement or will it crumble again following the slight crash since yesterday? Well, only time can answer. But let us wait and watch how the network shapes up in the coming weeks.Subscribe to get it daily in your inbox.
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