{"id":4951,"date":"2023-05-22T00:26:36","date_gmt":"2023-05-22T04:26:36","guid":{"rendered":"https:\/\/sikaoer.com\/will-matic-recover-above-1-after-recent-partnerships\/"},"modified":"2023-05-22T00:26:36","modified_gmt":"2023-05-22T04:26:36","slug":"will-matic-recover-above-1-after-recent-partnerships","status":"publish","type":"post","link":"https:\/\/sikaoer.com\/will-matic-recover-above-1-after-recent-partnerships\/","title":{"rendered":"Will Matic recover above $1 after recent partnerships?"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<p>    \n                    <\/div>\n<p dir=\"ltr\">Key takeaways<\/p>\n<ul>\n<li dir=\"ltr\">\n<p dir=\"ltr\">MATIC is up by only 3% over the past seven days despite Polygon announcing a series of interesting partnerships.\u00a0<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">Antimetal launched its AI-powered cloud cost optimization platform on Polygon.<\/p>\n<\/li>\n<li dir=\"ltr\">\n<p dir=\"ltr\">MATIC could be eyeing the $1 mark, but the fundamentals of the broader crypto market could play a huge role.<\/p>\n<\/li>\n<\/ul>\n<h2 dir=\"ltr\">MATIC continues to trade below $1<\/h2>\n<p dir=\"ltr\">MATIC, the native coin of the Polygon ecosystem, is trading below the $1 mark. The coin has less than 1% of its value over the past 24 hours. At press time, the price of Polygon stands at $0.8748 per coin.<\/p>\n<p dir=\"ltr\">The performance comes despite Polygon announcing several key partnerships this week.\u00a0<\/p>\n<p dir=\"ltr\">Earlier this week, AntiMetal launched its AI-powered cloud cost optimization platform on the Polygon blockchain.\u00a0<\/p>\n<p dir=\"ltr\">The partnership was followed by Horizon integrating Sequence\u2019s wallet and developer stack on Polygon providing enterprises and app developers the ability to customize and extend blockspace.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Building for the future of #Web3 &#x1f3d7;@0xHorizon will integrate @0xsequence\u2019s wallet & developer stack #onPolygon providing enterprises & app devs the ability to customize & extend blockspace.<\/p>\n<p>This strategic alliance will unlock improved scalability & security for web3 apps&#x1f4bb; pic.twitter.com\/PWo5Mmz89N<\/p>\n<p>\u2014 Polygon (Labs) (@0xPolygonLabs) May 17, 2023<\/p>\n<\/blockquote>\n<p dir=\"ltr\">In the same vein, Sandeep Nailwal, the CEO of Polygon, also launched a web3 fellowship program.<\/p>\n<h2 dir=\"ltr\">Will MATIC move past the $1 soon?<\/h2>\n<p dir=\"ltr\">MATIC has been underperforming over the past few days due to the fundamentals of the broader cryptocurrency market.\u00a0<\/p>\n<p dir=\"ltr\">The coin could rally past the $1 mark soon if the fundamentals of the broader cryptocurrency market improve. Bitcoin continues to trade below $27k and could likely drop lower if the bulls fail to defend the $26,400 support level.<\/p>\n<p dir=\"ltr\">The technical indicators on the 4-hour chart show that MATIC is outperforming the broader cryptocurrency market. The MACD line remains above the neutral zone, indicating that the bulls still continue to control the market.<\/p>\n<p dir=\"ltr\">The 14-day relative strength index of 52 shows that MATIC could be entering the oversold region if the market sentiment persists.\u00a0<\/p>\n<h2 dir=\"ltr\">Where to buy MATIC now<\/h2>\n<h3>\n    eToro<\/h3>\n<p>eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto\/fiat and crypto\/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.<\/p>\n<p>                    Buy MATIC with eToro today            <\/p>\n<p>            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><\/p>\n<p>            <\/span><\/p>\n<h3>\n    Public<\/h3>\n<p>Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles\u2014all in one place.<\/p>\n<p>                    Buy MATIC with Public today            <\/p>\n<p>            <span class=\"border-b border-gray-600 border-dotted\">Disclaimer<\/span><br \/>\n            <span class=\"ml-1\"><\/p>\n<p>            <\/span><\/p>\n<div class=\"post-meta\">\n<p>                        Share this articleCategoriesTags\n                    <\/p><\/div><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/polygon-price-prediction-will-matic-recover-above-1-after-recent-partnerships\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key takeaways MATIC is up by only 3% over the past seven days despite Polygon announcing a series of interesting partnerships.\u00a0 Antimetal launched its AI-powered cloud cost optimization platform on Polygon. MATIC could be eyeing the $1 mark, but the fundamentals of the broader crypto market could play a huge role. MATIC continues to trade [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4952,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-4951","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-analysis"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.6 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Will Matic recover above $1 after recent partnerships? - Sikaoer - The Best Crypto News Site.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sikaoer.com\/will-matic-recover-above-1-after-recent-partnerships\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Matic recover above $1 after recent partnerships?\" \/>\n<meta property=\"og:description\" content=\"Key takeaways MATIC is up by only 3% over the past seven days despite Polygon announcing a series of interesting partnerships.\u00a0 Antimetal launched its AI-powered cloud cost optimization platform on Polygon. MATIC could be eyeing the $1 mark, but the fundamentals of the broader crypto market could play a huge role. 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