It’s all green for the Polygon ecosystem, but does MATIC see red

📆 12/12/2022 11:35 PM
📰 CryptoAmb

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Polygon’s GameFi and NFT ecosystem registered noteworthy growth However, the metrics did not look favorable for MATIC’s price action Polygon’s [MATIC] GameFi ecosystem recorded another achievement on 11 December as the blockchain partnered with Earn Alliance. The primary objective of this new association was “to bring 100 million gamers to Web3.” $MATIC JUST IN: Polygon […]

Is the crypto winter to blame?, MATIC was down by 5% over the last week. At the time of writing, was trading at $0.8858 with a market capitalization of $7,736,492,248.

MATIC’s Market Value to Realized Value Ratio declined considerably over the past week. This was a massive bearish indicator. The blockchain’s network growth also plummeted on 12 December.

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