Altcoins took the reins and galloped higher, while bulls appear to be losing the battle to hold Bitcoin’s price above $43,000.
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Telcoin (TEL) gains 300% after layer-2 migration to the Polygon network
TEL price broke out into a vertical rally after a protocol upgrade and a layer-2 migration that enabled trading on QuickSwap.
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QuickSwap (QUICK) gains 420% as Polygon’s (MATIC) L2 network attracts new liquidity
Low fees and high yield opportunities briefly pushed QuickSwap price above the $1,000 mark as the Polygon-based layer-2 solution sees adoption from new blockchain projects.
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Altcoins hit new highs after bulls kick Bitcoin price back above $50K
A quick short squeeze catapulted Bitcoin price above $54,000 and a handful of altcoins rallied to new all-time highs.
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Polygon (MATIC) jumps ahead as the race for Layer-2 adoption picks up
Increasing volume and TVL on QuickSwap, along with steady growth in the number of projects joining Polygon have analysts suggesting that MATIC price is undervalued.
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Are we there yet? Here’s why one analyst says its not ‘altcoin season’
Altcoins have been on a real tear for months, but Jarvis Labs analyst Ben Lilly says we’re not in an “alt season” just yet.
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