{"id":68642,"date":"2023-10-04T10:41:05","date_gmt":"2023-10-04T14:41:05","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/crypto\/is-it-too-late-to-buy-polygon-matic-price-shoots-up-11-and-this-lesser-known-crypto-may-be-next-to-explode\/"},"modified":"2023-10-04T10:41:09","modified_gmt":"2023-10-04T14:41:09","slug":"is-it-too-late-to-buy-polygon-matic-price-shoots-up-11-and-this-lesser-known-crypto-may-be-next-to-explode","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=68642","title":{"rendered":"Is It Too Late to Buy Polygon? MATIC Price Shoots Up 11% and This Lesser Known Crypto May Be Next to Explode"},"content":{"rendered":"<div>\n<p>Polygon (MATIC) is bouncing back amid major proposal progress towards Polygon 2.0 and a surge in whale MATIC transactions &#8211; leaving some asking &#8216;is it too late to buy Polygon?&#8217;.<\/p>\n<p>The dramatic resurgence comes as number of PIP governance proposals (PIP-24 and PIP-25) have been unveiled, with both proposals aiming to update the token burn system needed for Polygon 2.0.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/0xPolygonDevs\/status\/1709534316320227772\" loading=\"lazy\"><\/oembed><\/figure>\n<p>And this coincides with a surge in Polygon whale activity, with the number of transactions worth more than $100,000 growing 16.96% over the past week.<\/p>\n<h2><strong>MATIC Price Analysis: Is it Too Late to Buy Polygon After Whale Surge?<\/strong><\/h2>\n<p>As price action pushes up, MATIC is currently trading at a market price of $0.58 (representing a 24-hour change of +3.72%).<\/p>\n<p>The bounce was triggered by reclamation of vital lifeline support from the 20DMA, which had acted to suppress upside movements for 68-days since July 24.<\/p>\n<p>Bolstered by the supportive foothold on the 20DMA, MATIC has pushed up +10.3% since Sunday.<\/p>\n<p>The <strong>200DMA<\/strong> now forms a higher-level target, at <strong>$0.77<\/strong> &#8211; a level which would see MATIC regain August&#8217;s technical posture.<\/p>\n<p>As for Polygon&#8217;s indicators, the <strong>RSI<\/strong> has risen substantially on the recent uptick, now stood overheated at <strong>62.84<\/strong> &#8211; this could suggest a need to consolidate or retrace on the short-time frame.<\/p>\n<p>However, the <strong>MACD<\/strong> remains with minor bullish divergence at<strong> 0.0090<\/strong> &#8211; reflecting the growing momentum fuelled by whale transactions.<\/p>\n<p>Overall, MATIC looks poised here, with bullish posturing above the 20DMA taking aim at the 200DMA &#8211; upside seems likely following a brief consolidation at current levels.<\/p>\n<p>This leaves Polygon with an <strong>upside target<\/strong> below the 200DMA at <strong>$0.71<\/strong> (a potential <strong>+21.66%<\/strong>).<\/p>\n<p>While <strong>downside<\/strong> price action faces a potential tumble back to lower trendline support at <strong>$0.50<\/strong> (a possible <strong>-13.98<\/strong>%).<\/p>\n<p>MATIC therefore has a<strong> risk: reward <\/strong>of <strong>1.55<\/strong> &#8211; a strong entry characterised by decent upside potential.<\/p>\n<p>But while bag-holders are watching the upside move, smart traders are rotating profits into the fastest growing GambleFi project on Telegram.<\/p>\n<h2><strong>Fastest Growing GambleFi Project: Don&#8217;t Sleep on TG Casino as Presale Hits $394k<\/strong><\/h2>\n<p>As Telegram trading bots and GambleFi dominate September&#8217;s narratives, the TG.Casino ($TGC) presale is gaining significant attention &#8211; racing to $280k raised in just days, here\u2019s why it should be on your radar.<\/p>\n<p>TG.Casino isn&#8217;t just another quick Telegram bot pump-and-dump it&#8217;s an intricately crafted ecosystem that marries the thrill of the casino world with the decentralized edge of blockchain.<\/p>\n<p>By being a fully licensed casino that integrates seamlessly into Telegram, which boasts over 700 million users, the reach and potential are undeniable.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/twitter.com\/MattInWeb3\/status\/1708184566572212337?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1708184566572212337%7Ctwgr%5E08f6b3796c285078dc55691e5ef6ae9da643fef6%7Ctwcon%5Es1_&amp;ref_url=https%3A%2F%2Fcryptonews.com%2Fnews%2Fit-too-late-buy-rollbit-coin-rlb-price-rallies-up-24-new-telegram-casino-startup-raises-350000.htm\" loading=\"lazy\"><\/oembed><\/figure>\n<p>The ease of use, amplified by a no-KYC protocol, makes it an alluring proposition for both novices and crypto veterans with easy onboarding ensuring a seamless road to new user growth.<\/p>\n<p>With a range of offerings, from thousands of live casino games, slot machines, and table games to an expansive sportsbook, ensures an immersive experience.<\/p>\n<p>And for those keen on kick-starting their journey, the 150% matched deposit bonus on the first deposit plus 500 free spins is the cherry on top.<\/p>\n<figure class=\"media\"><oembed data-embedo-height=\"400\" data-embedo-url=\"https:\/\/youtu.be\/wSr8myes-rM\" loading=\"lazy\"><\/oembed><\/figure>\n<p>From a security standpoint, users can rest easy &#8211; all data and funds are encrypted, ensuring robust protection against potential threats.<\/p>\n<p>While the $TGC token not only facilitates instant transactions but also serves as the beating heart of this dynamic ecosystem.<\/p>\n<h2><strong>The TG Casino Presale: Hype and Beyond<\/strong><\/h2>\n<p>The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 3,446%.<\/p>\n<p>Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.<\/p>\n<p>And a well-conceived buyback mechanism ensures price stability and regular rewards, a win-win for the community.<\/p>\n<p>The $TGC token&#8217;s utility is another aspect to spotlight &#8211; beyond its primary function in the casino world, its adaptability \u2013 be it swapped for gaming credits or other cryptos \u2013 adds layers to its potential growth.<\/p>\n<p>Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.<\/p>\n<h2><strong>How to Buy TG Casino Early?<\/strong><\/h2>\n<p><strong>Step 1 \u2013 Go over to their official website<\/strong><\/p>\n<p>The first thing you want to get correctly is going over to their official website.<\/p>\n<p><strong>Step 2 \u2013 Create a Crypto Wallet<\/strong><\/p>\n<p>You need to set up a crypto wallet, and it&#8217;s important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.<\/p>\n<p><strong>Step 3 \u2013 Purchase ETH or USDT<\/strong><\/p>\n<p>Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.<\/p>\n<p><strong>Step 4 \u2013 Connect Wallet to Presale Dashboard<\/strong><\/p>\n<p>Go to TG.Casino\u2019s website and click on the \u2018Connect Wallet\u2019 button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.<\/p>\n<p><strong>Step 5 \u2013 Buy TG.Casino Token<\/strong><\/p>\n<p>Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.<\/p>\n<p><strong>Step 6 \u2013 Claim TG.Casino Token<\/strong><\/p>\n<p>Once TG.Casino&#8217;s presale has ended, there will be a\u00a0Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the &#8216;Claim&#8217; button on TG.Casino&#8217;s homepage. That&#8217;s all for how to buy TG.Casino.<\/p>\n<h2><strong>TG Casino&#8217;s Unrivalled Tokenomics Could Trigger Biggest GambleFi Moonshot<\/strong><\/h2>\n<p>To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it&#8217;s a front-row ticket to the future of Telegram GambleFi.<\/p>\n<p>With tokenomics supply &#8211; fairly distributed across the presale, liquidity pools, staking rewards, and player rewards &#8211; and the additional bolster of TG Casino&#8217;s jaw-dropping 3,446% APY &#8211; this project is positioned to become a huge name in the GambleFi vertical.<\/p>\n<p>Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here\u2019s to successful ventures ahead!<\/p>\n<p>Dive into the TG.Casino Presale Now.<\/p>\n<p><strong>Buy $TGC Here<\/strong><\/p>\n<p><i><sup>Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.<\/sup><\/i><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/>Read the full article <a href=\"https:\/\/cryptonews.com\/news\/it-too-late-buy-polygon-matic-price-shoots-up-11-lesser-known-crypto-may-next-explode.htm\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Polygon (MATIC) is bouncing back amid major proposal progress towards Polygon 2.0 and a surge in whale MATIC transactions &#8211; leaving some asking &#8216;is it too late to buy Polygon?&#8217;. The dramatic resurgence comes as number of PIP governance proposals (PIP-24 and PIP-25) have been unveiled, with both proposals aiming to update the token burn [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":68643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[243],"tags":[83],"class_list":["post-68642","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto","tag-featured"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Is It Too Late to Buy Polygon? 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