Why Polygon (MATIC) Is Exploding Higher
Portfolio Pulse from Henry Khederian
Polygon (MATIC) is trading higher by 12.31% to $0.80 after a U.S. judge ruled that Ripple's sales of the XRP token do not constitute an offer of investment contracts. This decision could be seen as a positive development for the broader cryptocurrency industry, potentially leading to increased demand and higher prices for other cryptocurrencies, including Polygon.
July 13, 2023 | 4:43 pm
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Polygon's price increased by 12.31% following a U.S. court ruling that Ripple's XRP sales do not constitute an offer of investment contracts. This could lead to increased demand for Polygon and other cryptocurrencies.
The U.S. court ruling on Ripple's XRP sales is seen as a positive development for the broader cryptocurrency industry. This has led to increased demand for cryptocurrencies, including Polygon, driving up their prices. As a result, Polygon's price has increased by 12.31%.
CONFIDENCE 90
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