What MATICs Recent Rise Means: Cryptos Are Becoming Social! Twitter and Others Implementing Web3

November 6, 2022

Hello bubble Riders! This week sees some exciting news for cryptocurrency adoption.

  • Twitter, Instagram, Reddit, and even Disney plan to, or have already started, to allow users to share and potentially buy/sell NFTs using the Polygon Network ($MATIC).
  • Binance confirmed its role in the Musk-Twitter acquisition, shortly before launching its “Binance Bluebird Index” consisting of $BNB, $DOGE, and $MASK.
  • $MATIC has increased 43% over the past two weeks to a price of $1.185 at the close of November 5th.

Daily chart over the past two weeks:

Clockwise from Top-Left: $BNB, Polygon’s $MATIC, $MASK, $DOGE.

Here is a look at the hourly chart of Binance Bluebird Index since its inception on Nov 2nd:

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