This Coin Soars After Listing on Binance 🔥😱🔥🚀
POL, the upgraded version of MATIC, jumped to nearly $0.45 from around $0.38 earlier today, hitting its highest price since late August. With this jump, the coin has outperformed several leading coins in the last 24 hours with this 15% rise, including Bitcoin and Ethereum. 🩸🔥
Polygon introduced an upgraded version of its native MATIC coin last week, POL. The newly immigrant coin is seeing some changes in the currency economy and has already flourished after its listing on Binance. Following the upgrade and rebranding, POL surged 15% on Friday. 🩸🔥
Binance added spot and perpetual contracts to trade the coin on its platforms, which has fueled POL. The new Polygon token shares the same price history as Matic, with only a name and abbreviation change. 🩸🔥
Moreover, Polygon’s move to POL also introduced a new token issuance rate of 2% per year, which has excited previous Matic holders. The trading volume around the token has increased by 36.70% in the last 24 hours. This may come from some kind of psychological effect. $POL 🔥