Polygon Price Prediction: MATIC Stays Above $0.54

On Aug 25, 2023

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Currently, the Price of Polygon is trading at $0.5420. MATIC coins were sold for about 272.50 million in 24 hours, but trading slowed by more than 6%, causing the price of MATIC to drop around 3%. The overall market cap of MATIC also decreased by over 2%.

Looking back, MATIC’s Price faced a significant decrease of over 4% in the past week and an even more significant drop of about 25% in the last month. Many investors and traders see this as a favorable opportunity to buy at a lower price, hoping to profit when the price rises again along with the market.

Polygon MATIC Statistics:

MATIC’s price – $0.5420
MATIC Market cap – $5.05 Billion
MATIC Circulating supply – 9,319,469,069 MATIC
MATIC Total supply – 10,000,000,000 MATIC
CoinMarketCap ranking – 13

Source: CoinMarketCap

Polygon: Unveiling Patterns, Crucial Zones

Take a look at the daily chart for important information. Polygon’s price might touch a support point at $0.5290; if it reaches that, the price could decrease. But if it remains around $0.54, there’s a chance it might go up.

Polygon Price Prediction: MATIC Stays Above $0.54 - Is It The Next Crypto Sensation? — Source: TradingView Daily Chart

Attention to these critical points on the chart: there might be barriers around $0.5880 and $0.6340, and support might be near $0.5290 and $0.5010.

If the price stays low for around 50 to 100 days in the next few weeks, it could decrease more, possibly reaching $0.5290. Currently, the RSI, which shows how strong the price is, is relatively low, around 30. If the RSI goes down, the MATIC price might drop even more.

Keep in mind that in the long term, there’s a chance the MATIC price could break the R1 resistance level at about $0.5880. The Polygon price could rise and break the R2 resistance level at approximately $0.6340 if it stays above the simple moving averages of 50 and 100 days. Using stop-loss orders is an intelligent move to stay safe and prevent significant losses.

Promising Alternative to Polygon (MATIC)

Wall Street Memes (WSM) is almost done with its final presale phase and has raised over $26 million. A crypto presale with this growth rate will be considered one of the fastest-growing in 2023. Crypto experts believe the project could increase in value by 1,000 times this year.

Final Opportunity to Buy Wall Street Memes (WSM)

Recently, many people have been intrigued by meme-based tokens, and Wall Street Memes (WSM) has been gaining a ton of attention. WSM has performed well during its presale, raising more than $26 million. This has piqued the interest of experienced investors and cryptocurrency newcomers curious about $WSM.

Despite being relatively new, $WSM has promising potential for future growth. Their clear plan and ambitious ideas are attracting more interest. It’s important to note that navigating the cryptocurrency market’s fluctuations can be a challenge for $WSM.

However, the $WSM team is reliable and experienced. WSM’s project looks even more appealing with a community of over 1 million members.

People are genuinely excited and optimistic about this, expecting good performance upon its market launch. Some hope to gain substantial profits, even up to 20 times their initial investment.

Remember, the cryptocurrency market can change rapidly. Currently, the sentiment is positive and hopeful. If you’re considering other crypto ICOs, here are a few options.

Investors are drawn to the intriguing features of the Wall Street Memes token. BNB, USDT, and Ethereum are all cryptocurrencies you can use to purchase this token. A few things to note about BNB and Ethereum addresses: both start with “0x.”

If using BNB, ensure you’ve obtained your tokens on the ERC-20 network. One token costs $0.0334 WSM, offering different avenues for people to join the project.

Prominent figures in the cryptocurrency sphere endorse the Wall Street Memes token, significantly contributing to its rising popularity. Influential YouTubers with massive followings view it favorably, lending authenticity to the project’s potential success.

Elon Musk, a notable entrepreneur and tech expert, also displays a keen interest in Wall Street Memes. His continuous mention of it emphasizes its importance and potential impact.

Whenever Musk discusses it, more people engage with it, increasing interest in it and elevating it.

Exploring Thrilling Project Stages, Token Allocation of Wall Street Memes

The project has a well-organized plan. Phase One included creating smart contracts, building a community, advertising, and making merchandise.

Great advice (Credit @gabagoolmarx) pic.twitter.com/mPAqm0SpjJ
— Wall Street Memes (@wallstmemes) August 22, 2023

Next is Phase Two, where they’ll launch the token, form partnerships, get on exchanges, and spread the word about the project. Phase Three aims to make the token’s value reach $1 billion and get it listed on a top-tier exchange.

They’re distributing tokens fairly: 50% to the community, 30% as rewards, and 10% to each exchange type. This keeps the community engaged and ensures easy token use in different places.

For more similar coins, check out our guide. The project also gives away $50,000 worth of $WSM tokens to involve the community, splitting $10,000 among five winners.

Over 77,000 people have already joined. Participate on social media for a better chance of winning tokens. This is your opportunity to get the new Wall Street Memes token that people think could be promising.

Many see this as an excellent meme project, so getting some tokens now might lead to significant rewards. Don’t miss this chance to be part of the WSM presale and potentially make good money.

To buy $WSM, follow the instructions in our guide.