

September is due to see huge changes throughout the altcoin ecosystem. Polygon has recently migrated its token from MATIC to POL, and Polygon investors
September promises to bring about significant shifts within the altcoin landscape. Polygon has recently completed the highly anticipated migration of its token from MATIC to POL. This move is expected to open up new possibilities for the network and pique the interest of investors. Meanwhile, Aave continues to ascend, attracting attention with its impressive performance. As the dust settles, let's delve into the details and uncover why analysts remain optimistic about these altcoins.
Polygon Price Drops Despite Successful Native Token Upgrade
After extensive discussions within the Polygon community last year, the network has officially transitioned from MATIC to POL as its native token. This change aims to bolster Polygon's utility, making it more appealing to users and investors alike.
However, following the upgrade, Polygon's price experienced a downturn, reaching its lowest point in 2024. At the time of writing, POL is valued at $0.3808. As Polygon's utility expands, analysts anticipate a corresponding increase in its price. Nevertheless, many investors are opting to sell their holdings after enduring months of price declines.
Rising Ape Coin Price Prompts Investors to Sell, Anticipating Further Drops
As the crypto market continues to experience turbulence, investors are displaying contrasting reactions. Some are choosing to sell their holdings in anticipation of further price declines, while others remain optimistic, convinced that the market will eventually rebound.
Those who are selling cite the recent price drops and the lack of substantial gains as the primary motivations for their decision. They believe that it's better to lock in whatever profits they have now rather than waiting for the market to fully recover.
On the other hand, those who are holding onto their crypto are convinced that the market will eventually turn around, leading to substantial gains. They point to the resilience of crypto over the years and its ability to bounce back from previous downturns.
Ultimately, the decision of whether to sell or hold crypto during a bear market is a personal one, influenced by each investor's financial goals, risk tolerance, and market outlook.
Sell Ape Coin Now on eToro to Benefit from Price Drops
If you're anticipating further drops in Ape Coin price and want to capitalize on them, consider selling now on eToro, a user-friendly and highly regulated platform. Register now to get started.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
The above is the detailed content of Polygon (POL) Price Drops Despite Successful Native Token Upgrade, While Aave (AAVE) and Rollblock (RBLK) Surge. For more information, please follow other related articles on the PHP Chinese website!

说起Polygon链,其实它就是Polygon并不是加密领域的新玩家,它的原名是Matic,成立于2017年,其目标是通过更好的基础设施开发和即时区块链交易来改进以太坊。MaticNetwork是一个无需许可、与EVM兼容、权益证明保护的以太坊侧链,它依赖于其父链对验证者质押和检查点的强大安全性,改名后致力于成为一个结构良好、易于使用的以太坊扩展和基础设施开发平台。那么究竟Polygon链是马蹄链吗?下面就让小编为大家介绍马蹄链、Polygon链、MATIC关系。马蹄链、Polygon链、MAT

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