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Polygon (MATIC) witnessed a bullish year following a 70% surge. Despite this, the asset remains 85% below its peak of $0.00008845. MATIC surged to a high of $0.00003592 earlier this year. The asset was trading at $0.00001312 at press time, with a 3.65% rise over the past 24 hours. Also Read: Historical Data: Global Market Takes A Hit In Sept, Surges In October Polygon’s Bullish Year, Technical Upgrades, And Future Predictions Source Polygon’s Major Technical Upgrade This dip comes amidst a major technical upgrade in the Polygon network. As of September 4, the token was upgraded on a 1:1 ratio to its new Polygon Ecosystem Token (POL). This will serve as the network’s native gas and staking token. In addition, the token will have a new 2% yearly emission rate. A portion of that amount will go to the community treasury, and a portion will be awarded as an incentive to validators on Polygon PoS. The network said, “POL replaces MATIC as the native gas and staking token for the Polygon ...

The cryptocurrency market is currently volatile. After its recent carnage, the number of assets increased, and the demand for meme coins was also not immune. Shiba Inu’s Potential Surge Source Many meme coins experienced a sharp decline. As of the time of writing, Shiba Inu [SHIB] was trading at $0.00001381, which increased by about 3% on the last day. However, it should be mentioned that over the past few days, SHIB has decreased by more than 15%. Current Holder Sentiment Despite this, 45.32% of Shiba Inu holders now hold tokens at a discount to the going market price, meaning they are “in the money.” As a result, many successful holders indicate a high degree of confidence in the asset. This may support them even though they may be reluctant to liquidate their holdings. Future Predictions According to Telegaon, the meme coin will experience a 100,000% surge as its price hits the much-awaited $0.01 milestone in 2040. Following this, the percentage of SHIB holders in p...