The Internet allows anyone to create and exchange information. Polygon 2.0 is aiming to build a value layer through infinite scalability and unified liquidity.ġ/ Our vision for Polygon is simple: to build the Value Layer of the Internet. Details will be revealed over the next few weeks, but there’s exciting talk about some drastic changes, including new utility for the network’s native cryptocurrency Matic, changes to governance, and even to the protocol’s architecture. The Polygon blockchain is unveiling an upgrade to its ecosystem called Polygon 2.0. even have that much impact on markets anymore as builders are driven overseas? Stay tuned for more insight into these questions. Can they hold the line until the next wave of innovation that’s set to arrive as blockchain-backed gaming? Will there be more FUD delivered by the SEC, and does the U.S. I wonder if we have found a floor for NFTs and if today’s active traders are closer to collectors than they are speculators. Navigating this market leads me to more questions than answers, and they come to me endlessly throughout the day. Source: Forkast Labs Forkast 500 NFT Index reflecting the impact of the SEC’s recent lawsuits, Jto June 13, 2023. Forkast 500 NFT Index reflecting FTX collapse’s impact, Nov. The Forkast 500 NFT Index hit an all-time low yesterday, bottoming out at 2962. Today’s market, while showing signs that capitulation is coming, is slowly bleeding out and down nearly 10% in the past seven days. When FTX collapsed, the Forkast 500 NFT Index reflected over a 33% loss in value. dollar withdrawals are pausing have traders liquidating NFTs or sitting on the sidelines.Įither way, it’s pretty clear we’re entering another new phase of the NFT market, and traders are being cautious. How low we can go, nobody knows. News of the Commission’s attempt to freeze the assets of Binance’s U.S., and that U.S. Securities and Exchange Commission’s (SEC) stepped-up attacks against the cryptocurrency industry. The non-fungible token (NFT) market is finally reacting to the U.S.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |