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Racing past Bitcoin Cash, Litecoin, Algorand, MATIC needs this to stay ahead
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This week proved to be fruitful for most of the crypto market and a lot of altcoins even created records including MATIC, the token of the Polygon network. Along with the rising prices, the investors’ bullishness also rose and MATIC seemed to be enjoying the profits. But this move by certain investors might actually cause MATIC to scale back down its growth.
The 41.83% rally that the altcoin registered this week, led to it flipping some major tokens on the top 20 list of cryptocurrencies. With a market capitalization of $13.37 billion, Polygon outperformed Bitcoin Cash, Litecoin, Algorand, and Binance USD stable coin to place itself at the 17th position.
Polygon price action | Source: TradingView – AMBCrypto
Polygon has been pushing its
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