Polygon

<p><em><strong>Experts predicted that Polygon’s MATIC could rise above $1.70. They’re speculating on when this might occur.</strong></em></p><h2 id="header-0">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><p>Polygon (MATIC) witnessed a 30% monthly price surge, and analysts anticipate more growth ahead. This surge aligns with a notable increase in Polygon’s on-chain trading volume and other key metrics.</p><h3 id="polygon-matic-surges-past-1-mark-analysts-predict-further-growth">Polygon (MATIC) Surges Past $1 Mark, Analysts Predict Further Growth</h3><p>Polygon (MATIC), one of the top-performing <a href="https://cryptosheadlines.com/cardano-predicted-to-overtake-bitcoin-and-ethereum-as-top-cryptocurrency-charles-hoskinson/" rel="noopener noreferrer nofollow">cryptocurrencies in the top</a> 20 list, briefly surpassed the $1 mark this week. Its remarkable 30% price surge over the past month has garnered significant attention from industry participants.</p><p>Analysts are optimistic about MATIC’s future, with many predicting a continued rally in the coming months. The surge in price aligns with a bullish sentiment surrounding Polygon, fueled by a notable increase in on-chain trading volume and other key metrics.</p><p>Popular Twitter user Ali highlighted MATIC’s “promising signs” for charting impressive gains in the long term. Ali predicted that MATIC’s valuation could skyrocket by 90% next month if it manages to close above the $0.96 <a href="https://cryptosheadlines.com/bitcoins-key-resistance-levels/" rel="noopener noreferrer nofollow">resistance level</a>.</p><blockquote><a href="https://twitter.com/hashtag/Polygon?src&#61;hash&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">#Polygon</a> shows promising signs from a long-term perspective. The prevailing pattern appears to be a multi-year symmetrical triangle.If <a href="https://twitter.com/search?q&#61;%24MATIC&amp;src&#61;ctag&amp;ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">$MATIC</a> can maintain a close above $0.96, it could signal the start of a bull rally, with a potential target of $1.73! <a href="https://t.co/qjgn6sN1oV" rel="noopener noreferrer nofollow">pic.twitter.com/qjgn6sN1oV</a>— Ali (&#64;ali_charts) <a href="https://twitter.com/ali_charts/status/1760453598528315675?ref_src&#61;twsrc%5Etfw" rel="noopener noreferrer nofollow">February 21, 2024</a></blockquote><p>Since Ali’s forecast, MATIC has maintained its position above the depicted mark, currently trading around $0.97, as per CoinGecko’s data.</p><h2 id="header-1">Cryptos Headlines Token Airdrop Is Live, Claim Instant 5000 CHT Tokens Worth Of $50 Free On <a href="https://cryptosheadlinestoken.com/index.php/tokenomics/" rel="noopener noreferrer nofollow">CryptosHeadlinesToken.com</a></h2><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/Screenshot_5.png?fit&#61;1276%2C681&amp;ssl&#61;1" /></p><h3 id="bullish-predictions-and-on-chain-metrics-drive-matic-sentiment">Bullish Predictions and On-Chain Metrics Drive MATIC Sentiment</h3><p>Content creator and investor Jake Gagain has outlined an even more bullish scenario for MATIC, predicting a price appreciation as high as $9 by the year 2025.</p><p><a href="https://cryptosheadlines.com/lunc-burn-mechanism-and-q1-2024-recovery-forecast/" rel="noopener noreferrer nofollow">Also Read:   LUNC Burn Mechanism and Q1 2024 Recovery Forecast</a></p><p>MATIC’s recent spike in price coincides with a significant increase in Polygon’s on-chain trading volume. According to DefiLlama, the figure currently stands at nearly $170 million, marking a 300% surge compared to the numbers observed at the end of January.</p><p><img src="https://i0.wp.com/cryptosheadlines.com/wp-content/uploads/2024/02/cryptosheadlines006-6.webp?resize&#61;640%2C247&amp;ssl&#61;1" /></p><p>Polygon On-Chain <a href="https://cryptosheadlines.com/pepe-pepe-spot-trading-volume-surges-over-2-7-billion/" rel="noopener noreferrer nofollow">Trading Volume</a>, Source: DefiLlama</p><p>Additionally, Polygon has demonstrated strong performance in the non-fungible token (NFT) field, boasting an <a href="https://cryptosheadlines.com/hermes-request-granted-halting-metabirkin-nft-sales/" rel="noopener noreferrer nofollow">NFT sales</a> volume of approximately $6 million over the past seven days.</p><p><em><strong>Important:</strong> Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.</em></p>

Analyst Speculates Polygon (MATIC) Price Surge: Up 90%?

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