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After another failed ATH attempt, here’s why there’s still some hope for MATIC
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A new price all-time high has been on MATIC’s cards for almost two months now but the $2.7 level has been unachievable for the altcoin even amid high anticipation of a new ATH by the market participants. Interestingly, over the last week MATIC missed another shot towards an ATH even though the larger setup for the coin seemed hyper-bullish as the larger market consolidated.
Now, at the time of writing as Polygon’s native token MATIC oscillated at $2.06, down almost 17% from its multi-month price high of $2.57 made last week, where did the altcoin stand?
While the alt’s price just missed ATH levels, Polygon PoS was setting new ATHs in network revenue for almost four weeks. Revenues increased by 44% to $136K per day in USD. While the average
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