matik
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so #matik woke up!
Now I’m waiting for movement from #lunclassic #LUNA2 , very similar to a breakthrough
Now I’m waiting for movement from #lunclassic #LUNA2 , very similar to a breakthrough
$Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon network, which is used to scale Ethereum. Polygon's goal is to enable faster and cheaper transactions on Ethereum using Layer 2 sidechains, i.e. blockchains that run parallel to the main Ethereum blockchain. Users can send Ethereum tokens to a Polygon smart contract address, transact with them in Polygon, and then withdraw them back to the main Ethereum blockchain. MATIC tokens are used to pay transaction fees and participate in the proof-of-stake consensus.
#matik #matikpolygon $MATIC $ETH
#matik #matikpolygon $MATIC $ETH
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Blockchain company accused Polygon team of suspicious transfers
According to blockchain activity tracking company ChainArgos, several suspicious transfers were made from Polygon wallets to exchanges.
This led researchers to believe that the Polygon team did not follow through with its original token distribution plan.
According to analysts, there is a “vesting contract” that mechanically unblocks all flows. They exist separately from the foundation contract that administers the fund and appropriations. ChainArgos highlighted discrepancies in the outflow of funds under contracts.
In addition, researchers discovered suspicious movements in a wallet that received about 340 million MATIC from the fund. It is also noted that another 130 million MATIC was received from the insider wallet to the same wallet. According to ChainArgos, the largest withdrawal identified was from a wallet associated with Plasma-Bridge, as well as two other anonymous wallets.
ChainArgos noted that another 178 million MATIC were sent from one of the untagged wallets to Binance, with the last transfer taking place on May 23, 2021.
#Matic #MATIC/USDT #Polygon #PolygonPOL #matik
$MATIC
According to blockchain activity tracking company ChainArgos, several suspicious transfers were made from Polygon wallets to exchanges.
This led researchers to believe that the Polygon team did not follow through with its original token distribution plan.
According to analysts, there is a “vesting contract” that mechanically unblocks all flows. They exist separately from the foundation contract that administers the fund and appropriations. ChainArgos highlighted discrepancies in the outflow of funds under contracts.
In addition, researchers discovered suspicious movements in a wallet that received about 340 million MATIC from the fund. It is also noted that another 130 million MATIC was received from the insider wallet to the same wallet. According to ChainArgos, the largest withdrawal identified was from a wallet associated with Plasma-Bridge, as well as two other anonymous wallets.
ChainArgos noted that another 178 million MATIC were sent from one of the untagged wallets to Binance, with the last transfer taking place on May 23, 2021.
#Matic #MATIC/USDT #Polygon #PolygonPOL #matik
$MATIC
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Billionaire Mark Cuban's wallet gets rid of MATIC tokens
Now on the balance of the wallet, marked as Mark Cuban 3, there are only 16 MATIC tokens left, as well as other crypto assets worth just over $3,000. As a result of the event, the price of MATIC fell by 5% in the last hours of the day and on the evening of Tuesday, December 26, was trading at $0.89.
As of the end of May 2021, when the businessman bought 2.5 million MATIC tokens from Polygon Ecosystem Growth, they cost him more than $4 million. If Mark Cuban decides to sell his holdings on the spot market at the current price, then his position in MATIC will be unprofitable , and revenue will be no more than $2.5 million.
Such a massive one-time withdrawal of assets to the spot market could be a consequence of Mark Cuban’s position in relation to the actions of the US Securities and Exchange Commission (SEC), which included MATIC in the list of unregistered securities.
#matik
$MATIC $POLS
Now on the balance of the wallet, marked as Mark Cuban 3, there are only 16 MATIC tokens left, as well as other crypto assets worth just over $3,000. As a result of the event, the price of MATIC fell by 5% in the last hours of the day and on the evening of Tuesday, December 26, was trading at $0.89.
As of the end of May 2021, when the businessman bought 2.5 million MATIC tokens from Polygon Ecosystem Growth, they cost him more than $4 million. If Mark Cuban decides to sell his holdings on the spot market at the current price, then his position in MATIC will be unprofitable , and revenue will be no more than $2.5 million.
Such a massive one-time withdrawal of assets to the spot market could be a consequence of Mark Cuban’s position in relation to the actions of the US Securities and Exchange Commission (SEC), which included MATIC in the list of unregistered securities.
#matik
$MATIC $POLS
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#$BTC $ETH $BNB #btc #ada #xrp #matik #eth whales are collecting goods like crazy, especially alt coins, secretly, you know, we wake up in the morning and see that alts have increased by 30 percent, in fact, the increases are whale purchases. See this, friends, the sub-season has not started yet, look around, this is a fake bull, this is just an advertisement, they are calling you come and go. The alts are really very cheap, you can enter the property now, the alts are gone at most 1x, let's collect it already... When the bull comes, televisions, radios, even previously shot movies and programs about crypto will start broadcasting, make sure everyone protects the property they have, make sure that the bull will not be strong enough with the coins... with the swing. stay happy peaceful days
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This liquidity is vital for the smooth functioning of DeFi protocols, allowing users to trade, lend, borrow, and engage in yield farming activities efficiently.
A higher TVL also means more assets available to use within the ecosystem, potentially attracting more users and projects looking to take advantage of the liquidity and functionality Polygon's blockchain offers.
#matik How will MATIC benefit as the polygon network reaches new heights?
The level of activity on the Polygon network has risen to unprecedented levels
Activity on the Polygon network has reached new heights.
The price of MATIC continued to increase with speed.
According to a tweet from Today In Polygon on March 13, Polygon's [MATIC] Proof of Stake (PoS) network reached a new milestone as its daily active addresses reached a record high of 1.23 million.
This marks a significant achievement for the PoS chain, which maintained more than 1 million daily active addresses for 20 days.
increase in activity
Polygon's TVL (Total Value Locked) also increased due to increased activity on the network. Increased TVL contributes to the overall liquidity of the Polygon network. A look at MATIC
At the time of writing, MATIC was trading at $1.211696 and its price had increased by 1.05% in the last 24 hours. Network Growth has also increased, indicating that new addresses are showing interest in MATIC.
Realistic or not, here's MATIC's market cap from a DOT perspective:
MATIC has also seen an increase in its transaction processing speed.
These factors, combined with increased activity on the network, could help MATIC continue its current rise.
A higher TVL also means more assets available to use within the ecosystem, potentially attracting more users and projects looking to take advantage of the liquidity and functionality Polygon's blockchain offers.
#matik How will MATIC benefit as the polygon network reaches new heights?
The level of activity on the Polygon network has risen to unprecedented levels
Activity on the Polygon network has reached new heights.
The price of MATIC continued to increase with speed.
According to a tweet from Today In Polygon on March 13, Polygon's [MATIC] Proof of Stake (PoS) network reached a new milestone as its daily active addresses reached a record high of 1.23 million.
This marks a significant achievement for the PoS chain, which maintained more than 1 million daily active addresses for 20 days.
increase in activity
Polygon's TVL (Total Value Locked) also increased due to increased activity on the network. Increased TVL contributes to the overall liquidity of the Polygon network. A look at MATIC
At the time of writing, MATIC was trading at $1.211696 and its price had increased by 1.05% in the last 24 hours. Network Growth has also increased, indicating that new addresses are showing interest in MATIC.
Realistic or not, here's MATIC's market cap from a DOT perspective:
MATIC has also seen an increase in its transaction processing speed.
These factors, combined with increased activity on the network, could help MATIC continue its current rise.