The trajectory of Polygon’s price is taking a turn towards uncharted territories, with a 4.5X expansion but not as much as the surging popularity of InsanityBets (IBET). This pivotal moment suggests whales exiting Polygon’s infrastructure and joining IBET’s groundbreaking appeal. Dive into an analysis of how InsanityBets is not just enticing Polygon’s but making it known as one of the best presales of 2024. 

The Ripple Effect of InsanityBets on Polygon’s Price Trajectory

Polygon’s anticipated 4.5X expansion signals a strong bullish trend, yet it’s InsanityBets ($IBET) that is setting the pace for exponential growth within the crypto community. As capital begins to shift towards $IBET, Polygon’s solid foundations are tested against the lure of this new investment behemoth. 

This pivot underscores a broader trend of investors seeking out assets with both immediate impact and long-term growth prospects. $IBET, with its innovative platform and strategic market positioning, emerges not just as an alternative but as the premier choice for those looking to maximize their investment potential, casting a long shadow over Polygon’s otherwise impressive growth narrative.

InsanityBets: The Strategic Choice Amidst Polygon’s 4.5X Expansion

Polygon’s trajectory towards a 4.5X expansion underlines the vibrancy of the blockchain sector. However, the evolving landscape reveals InsanityBets as a formidable force, poised to redefine investor expectations. 

With its decentralized gaming platform and real yield through the Insane Liquidity Pool, $IBET captures the essence of innovation and growth potential. This transition from traditional favorites like Polygon to emerging giants such as InsanityBets marks a pivotal shift in investment strategies. 

Offering a comprehensive suite of features, including fairness ensured by Chainlink VRF and a participatory governance model, InsanityBets is not merely an investment; it’s a venture into the future of digital assets, promising unparalleled returns and reestablishing market norms.

Website: https://www.insanitybets.com 

Presale: https://buy.insanitybets.com 

X/Twitter: https://x.com/insanitybets 

Telegram Community: https://t.me/insanitybets

Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

The post Polygon Price Dynamics: A 4.5X Expansion Tied to InsanityBets’ Popularity Surge appeared first on CaptainAltcoin.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Polygon is down -5.27% today against the US Dollar

MATIC/BTC decreased by -4.27% today

MATIC/ETH decreased by -3.32% today

Polygon is currently trading 26.96% below our prediction on Apr 23, 2024

Polygon dropped -32.14% in the last month and is down -41.35% since 1 year ago

Polygon price $ 0.638535 Polygon prediction $ 0.874246 (30.14%) Sentiment Bearish Fear & Greed index 57 (Greed) Key support levels $ 0.647565, $ 0.627668, $ 0.596389 Key resistance levels $ 0.698741, $ 0.730020, $ 0.749916

MATIC price is expected to rise by 30.14% in the next 5 days according to our Polygon price prediction

Polygon price today is trading at $ 0.638535 after losing -5.27% in the last 24 hours. The coin underperformed the cryptocurrency market, as the total crypto market cap decreased by -5.05% in the same time period. MATIC performed poorly against BTC today and recorded a -4.27% loss against the world’s largest cryptocurrency.

According to our Polygon price prediction, MATIC is expected to reach a price of $ 0.874246 by Apr 23, 2024. This would represent a 30.14% price increase for MATIC in the next 5 days.

MATIC Price Prediction Chart

Buy/Sell Polygon

What has been going on with Polygon in the last 30 days

Polygon has been displaying a negative trend recently, as the coin lost -32.14% in the last 30-days. The medium-term trend for Polygon has been bearish, with MATIC dropping by -15.73% in the last 3 months. The long-term picture for Polygon has been negative, as MATIC is currently displaying a -41.35% 1-year price change. On this day last year, MATIC was trading at $ 1.09.

Polygon reached its all-time high price on Dec 27, 2021, when the price of MATIC peaked at $ 2.91. The current MATIC cycle high is $ 1.56, while the cycle low is at $ 0.322074. MATIC has been displaying high volatility recently – the 1-month volatility of the coin is at 12.47. Polygon recorded 13 green days in the last 30 days.

Polygon technical analysis for today - Apr 19, 2024

The sentiment in the Polygon markets is currently Bearish, and the Fear & Greed index is reading Greed. The most important support levels to watch are $ 0.647565, $ 0.627668 and $ 0.596389, while $ 0.698741, $ 0.730020 and $ 0.749916 are the key resistance levels.

Bearish sentiment for Polygon

6 indicators are currently signaling a bullish prediction for Polygon, while 26 indicators are showing a bearish forecast. With 81% of indicators favoring a negative prediction. This results in an overall Bearish sentiment for Polygon.

Crypto market is currently experiencing Greed

Currently, the Fear & Greed index is at 57 (Greed), which signals that investors have a positive outlook on the market. The Fear & Greed index is a measure of sentiment among cryptocurrency investors. A “Greed” reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. A “Fear” reading, on the other hand, signals that investors are currently hesitant about the cryptocurrency market, which potentially represents a buying opportunity.

Polygon moving averages & oscillators

Let’s take a look at what some of the most important technical indicators are signaling. We’ll be going through key moving averages and oscillators that will allow us to get a better idea of how Polygon is positioned in the market right now.

Period Daily Simple Daily Exponential Weekly Simple Weekly Exponential MA3 $ 0.781755 (SELL) $ 0.858507 (SELL) - - MA5 $ 0.781342 (SELL) $ 0.888670 (SELL) - - MA10 $ 0.849138 (SELL) $ 0.931626 (SELL) - - MA21 $ 0.905360 (SELL) $ 0.978256 (SELL) $ 1.04 (SELL) $ 0.897726 (SELL) MA50 $ 0.999090 (SELL) $ 0.989855 (SELL) $ 0.728686 (SELL) $ 0.857624 (SELL) MA100 $ 0.929380 (SELL) $ 0.944255 (SELL) $ 0.813843 (SELL) $ 0.866689 (SELL) MA200 $ 0.816383 (SELL) $ 0.879406 (SELL) $ 0.280660 (BUY) $ 0.369459 (BUY)

Period Value Action RSI (14) 32.52 BUY Stoch RSI (14) 46.16 NEUTRAL Stochastic Fast (14) 19.45 BUY Commodity Channel Index (20) -66.67 NEUTRAL Average Directional Index (14) 46.08 SELL Awesome Oscillator (5, 34) -0.24 NEUTRAL Momentum (10) -0.24 NEUTRAL MACD (12, 26) -0.02 NEUTRAL Williams Percent Range (14) -80.55 BUY Ultimate Oscillator (7, 14, 28) 40.53 NEUTRAL VWMA (10) 0.76 SELL Hull Moving Average (9) 0.63 BUY Ichimoku Cloud B/L (9, 26, 52, 26) 0.84 NEUTRAL

The Relative Strength Index (RSI 14) is a widely used indicator that helps inform investors whether an asset is currently overbought or oversold. The RSI 14 for Polygon is at 32.52, suggesting that MATIC is currently neutral.

The 50-day Simple Moving Average (SMA 50) takes into account the closing price of Polygon over the last 50 days. Currently, Polygon is trading above the SMA 50 trendline, which is a bullish signal.

Meanwhile, the 200-day Simple Moving Average (SMA 200) is a long-term trendline that’s calculated by taking an average of the MATIC closing price for the last 200 days. MATIC is now trading above the SMA 200, signaling that the market is currently bullish.

The bottom line about this Polygon prediction

After considering the above factors, we can conclude that the current forecast for Polygon price prediction is Bearish. MATIC would have to increase by 30.14% to hit our $ 0.874246 target within the next five days. Moving forward, it will be important to monitor the MATIC market sentiment, the key support and resistance levels, and other metrics. However, we have to keep in mind that the cryptocurrency markets are unpredictable, and even the largest crypto assets display a lot of price volatility. For long-term Polygon price predictions click here.

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

Web3 mobile casual gaming network Taki Games today announced its merger with Unite – the brains behind the NFT brand Kungfu Beasts.

According to the announcement, the merger is part of Taki Games’ expansion into gaming on the Polygon blockchain. The recent shift sees Unite’s former CEO Weiwei Geng stepping into the role of Chief Executive Officer at Taki Games.

Geng is a seasoned figure in the gaming industry, has previously co-founded Rally Network and held leadership positions at Gen.G and Kabam.

“The initial blockbusters of the Web3 gaming showed the enormous demand for a game that players can actually own,” said Weiwei Geng, CEO of Taki Games. “They also showed what happens when the business model can’t keep up with the vision and inflation eats away at the value. Taki’s mission is to grow Web3 gaming by transforming multibillion-dollar markets into value that gamers can keep for themselves.”

Explaining the value added to the gaming experience, Weiwei Geng said: “Users can earn rewards just by playing Taki Games. All of the ad revenue they see from in-game ads is brought on-chain and distributed to players as rewards for clearing content”.

Taki Games is known for its popular Web3 social product on Solana which attracted 1 million users and has now broadened horizons to Polygon. They’ve brought along a set of mobile games powered by the TAKI token. Polygon is recognized as a top-notch layer-2 solution for creating Web3 games, thanks to its active user community and affordable gas fees.

Taki’s Strategic Move in Gaming Market Advancement

As part of its migration to Polygon, Taki Games introduces a new native token, TAKI, and a tokenomics design known as “Takinomics.” This approach facilitates deflationary TAKI reward emissions, diverging from the hyperinflationary dynamics often associated with “play-to-earn” games such as Axie Infinity and The Sandbox.

Each TAKI issued triggers a corresponding buyback and burn, financed by revenue generated within the games, ultimately leading to a reduction in circulating supply.

To strengthen its position in the mobile gaming market, Taki Games has invested a combined $2.5 million in fiat and TAKI to acquire two popular mobile titles – Bored Button and Mom’s Kitchen.

Bored Button is Taki Games’ flagship mobile app with over 5 million installs and an impressive 200,000 monthly active users. Meanwhile, Mom’s Kitchen – a cooking game – has garnered 150,000 downloads and maintains 10,000 daily active users.

As Taki Games steps into this new phase, the industry watches with anticipation to see how this amalgamation of talent, technology, and strategic vision will shape the future of Web3 gaming.

The post Taki Games Expands Web3 Presence, Appoints New CEO After Merger with Unite appeared first on Metaverse Post.

The Polygon network, formerly known as the Matic Network, was created in 2017. While it didn’t gain popularity at the beginning, currently it’s one of the most promising Ethereum’s 2nd-layer solutions. 

With a market cap of over $7B, and a daily trading volume of $418M, Polygon is one of the largest blockchain networks. However, in the ever-changing market of cryptocurrencies, a new and more advanced competitor is always around the corner.  

In this case, the competitor is Pandoshi: a rising star in the realm of cryptocurrencies. This post entails everything you must know to understand why Pandoshi’s PAMBO will surpass Polygon’s MATIC. We’ve got plenty to cover, so let’s dive in. 

Pandoshi (PAMBO)

At first glance, Pandoshi might be mistaken for just another addition to the meme coin trend, but it actually embodies a fully autonomous, decentralized ecosystem. Its detailed whitepaper demonstrates a profound level of expertise and attention to technical nuances. The essence of Pandoshi’s philosophy lies in decentralization, safeguarding financial privacy, and nurturing a culture of robust community engagement.

The infrastructure of Pandoshi is anchored in a Layer-2 network that prefers the environmentally sustainable Proof of Stake protocol over the conventional Proof of Work approach. The ecosystem boasts a variety of elements such as a decentralized exchange (DEX), the secure Pandoshi Wallet that does not require custodianship, immersive experiences in Metaverse gaming, educational programs, and crypto-friendly prepaid cards, all operating without the need for KYC verifications. The PAMBO token, the foundational utility token of the ecosystem, made its debut on the Ethereum blockchain.

PAMBO is characterized by its deflationary nature, using a buy-and-burn mechanism to purchase tokens at market value before permanently retiring them from circulation, thereby increasing their rarity.

Significant features within the Pandoshi ecosystem, such as its exchange that levies fees on digital currency transactions, play a vital role in enhancing the value of PAMBO. The fees garnered are directed towards the acquisition and retirement of PAMBO tokens, thus diminishing the available supply and aiding in the stabilization of its price.

Now in its final and fifth stage, Pandoshi’s presale has reached a pivotal moment with PAMBO tokens currently available at $0.01 each. This last phase marks the culmination of a carefully planned presale journey, structured across five distinct stages, each designed to progressively increase the token’s price. This approach has provided an accessible entry point for investors, with the anticipation of the token’s launch following this final stage. The journey of the presale, with its incremental pricing strategy, has positioned Pandoshi as a promising investment opportunity with a bright future ahead.

A notable achievement for Pandoshi was the introduction of the beta version of its Pandoshi Wallet on the Google Play Store, with an iOS version also in the pipeline. This development, achieved during the presale phase, has significantly boosted investor confidence, showcasing the project’s ability to exceed expectations and meet its goals ahead of schedule.

This timely initiative during a crucial stage of the project highlights the team’s commitment and ability to achieve significant milestones, thereby reinforcing trust in Pandoshi’s direction. The wallet’s ability to support both EVM-compatible and non-EVM chains is a key feature, highlighting Pandoshi’s aspiration and preparedness to lead in the dynamic cryptocurrency market.

The escalating interest in the project indicates its strong momentum. With an increasing number of investors joining, the completion of the fourth phase and the progression to the next stage are on the horizon. This time offers an ideal opportunity for early investment in a project that not only has potential but also demonstrates the ability to produce concrete outcomes.

Pandoshi distinguishes itself in the saturated market with its emphasis on practical, user-centric blockchain solutions. This strategy positions it as a potential game-changer in the cryptocurrency world, making it an attractive choice for current investors. For those in search of a promising and accessible cryptocurrency investment, Pandoshi presents a compelling option, backed by a vibrant community and a clear strategic direction. PAMBO tokens can be directly purchased through the project’s official website.

Click Here To Take Part In Pandoshi Presale

Visit the links below for more information about Pandoshi (PAMBO):Website: https://pandoshi.com/Whitepaper: https://docs.pandoshi.com/