Matic Responds to Whales’ Anticipation of the zkEVM Mainnet Launch

Azeez Mustapha


Unlock Daily Forex Signals

Select a Plan


1 - month



3 - month



6 - month






Separate Swing Trading Group



Get VIP forex signals, VIP crypto signals, swing signals, and forex course free for lifetime.

Just open an account with one our affiliate broker and make a minimum deposit: 250 USD.

Email [email protected] with a screenshot of funds on account to get access!

Sponsored by

Sponsored Sponsored

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 minutes to learn more


Service for copy trading. Our Algo automatically opens and closes trades.


The L2T Algo provides highly profitable signals with minimal risk.


24/7 cryptocurrency trading. While you sleep, we trade.


10 minute setup with substantial advantages. The manual is provided with the purchase.


79% Success rate. Our outcomes will excite you.


Up to 70 trades per month. There are more than 5 pairs available.


Monthly subscriptions begin at £58.

Since the beginning of the month, MATIC has surprisingly increased in value. The increase in activity on the coin’s blockchain, however, also occurs at the same time as the appreciation. Alicharts also claims that the whales have already spent more than $60 million to amass more MATIC.

In Santiment’s graph, it was evident that the circulation supply of MATIC had significantly increased recently. Although the unexpected rise in activity cannot be attributed to a single factor, the recent announcement of the Polygon zkEVM platform’s mainnet launch date may have piqued the whales’ attention as they await the launch.

Key Polygon Levels To Watch – February 16

Matic Responds to Whales’ Anticipation of the zkEVM Mainnet LaunchUntil yesterday, MATICUSD had been fluctuating between the 1.3040 and 0.7500 price levels. The market began the second half of the year 2022 with a massive rally, only to end up converging above the 0.7500 price level.

On December 30, 2022, MATICUSD made a new low, which marked the beginning of a new bullish wave. This bullish wave was later confirmed by the MA Cross in January 2023. The bullish wave continued in line with diagonal support, which eventually led the price out of the consolidation phase.

Polygon Key Levels

Resistance Levels: $2.1000, $1.7500, $1.3040
Support Levels: $0.7500, $0.5200, $0.3200

Total Market Capitalization: $1.12T
Polygon Market Capitalization: $12.74B
Polygon Volume: $1.14B
Market Rank: #9

You can purchase Lucky Block here.  Buy LBLOCK

Note: is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results.

  • Broker
  • Benefits
  • Min Deposit
  • Score
  • Visit Broker
  • Award-winning Cryptocurrency trading platform
  • $100 minimum deposit,
  • FCA & Cysec regulated
$100 Min Deposit
  • 20% welcome bonus of upto $10,000
  • Minimum deposit $100
  • Verify your account before the bonus is credited
$100 Min Deposit
  • Over 100 different financial products
  • Invest from as little as $10
  • Same-day withdrawal is possible
$250 Min Deposit
  • The Lowest Trading Costs
  • 50% Welcome Bonus
  • Award-winning 24 Hour Support
$50 Min Deposit
  • Fund Moneta Markets account with a minimum of $250
  • Opt in using the form to claim your 50% deposit bonus
$250 Min Deposit

Share with other traders!

Azeez Mustapha

Azeez Mustapha is a trading professional, currency analyst, signals strategist, and funds manager with over ten years of experience within the financial field. As a blogger and finance author, he helps investors understand complex financial concepts, improve their investing skills, and learn how to manage their money.

Leave a Reply

Your email address will not be published. Required fields are marked *