Coin

<ul class="news-points">
 <li>Polygon’s MATIC has flipped major altcoins to become the 11th largest cryptocurrency network by market cap.&nbsp;</li>
 <li>The rise comes on the back of a remarkable rise in its token value fueled by increased whale activities.&nbsp;</li>
 <li>CoinMarketCap data shows the token has added nearly 80% gain in its value in the last 30 days.</li>
</ul>
<a href="https://coinedition.com/tag/polygon-matic/" rel="noopener noreferrer nofollow">MATIC</a>, the native token of layer-2 blockchain Polygon, has been one of the biggest winners in the crypto market resurgence that started in October. Since then, the token has seen a remarkable surge in its price and has now flipped major altcoins to become the 11th-ranked cryptocurrency network by market cap.&nbsp;&nbsp;
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 <figure class="aligncenter is-resized"><img decoding="async" src="https://lh7-us.googleusercontent.com/5lpBw4fd68qgL9Ue4VZHeT9S6cFtt9xaMOimWnhaj8SJnUy4hShuVnk9rFWvVmUndhjIoPC03C7hxzqWrCcjmS6vvn5D7qVr20WFhR-8_iwDzD_1f8NSx8qiQN5TKVmBWR59Z7gbzIqbndTTqi2B4M6AQoou9UKN-jk-z3yFmnvhlg1PGlxmcm7S76SLdg" alt="" style="aspect-ratio:2.4806201550387597;width: 100%;height:auto">
 <figcaption class="wp-element-caption">
 9th – 15th ranked cryptocurrencies by market cap Source: <a href="https://coinmarketcap.com/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>
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Indeed, the rise comes on the back of <a href="https://coinedition.com/matic-rises-74-in-30-days-as-whale-transfers-spike-significantly/" rel="noopener noreferrer nofollow">increased whale activities</a> around the token as large-scale interests picked up. Reports noted that whale transactions on exchanges have been on an upward trajectory since October.&nbsp;
Along the same lines, CoinMarketCap data shows that the token has added significant gains to its price. In the last 30 days, MATIC saw a nearly 80% increase in its price. At press time, the token is exchanging hands at $0.9298 apiece.&nbsp;
Due to the recent s…
The post <a href="https://coinedition.com/matic-flips-major-altcoins-to-become-11th-largest-crypto/" rel="noopener noreferrer nofollow">MATIC Flips Major Altcoins To Become 11th Largest Crypto</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

MATIC Flips Major Altcoins To Become 11th Largest Crypto

Coin Edition

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