\n<\/p>\n
Polygon<\/a> recently found its audience and began rallying crazily after it announced the network\u2019s achievement of being carbon neutral. <\/span><\/p>\n Since then, with the support of the broader market, the altcoin has managed to uplift all the other altcoins.<\/span><\/p>\n<\/div>\n<\/div>\n At the time of writing, Polygon\u2019s native token MATIC was trading at the price of $0.6. This was possible as MATIC took less than a week to shoot up by almost 81%, with a single-day rise of 32% observed in the last 24 hours alone.<\/span><\/p>\n This resulted in the DeFi token flipping its active trend from downtrend to uptrend. The presence of the Parabolic SAR\u2019s white dots beneath the candlesticks verifies this and further support the altcoin\u2019s rise.<\/span><\/p>\n<\/div>\n<\/div>\n Secondly, the last few days were also successful in pulling MATIC out of the bearish zone, which it has been stuck in since the beginning of April. <\/span><\/p>\n The Relative Strenght Index (RSI) is also indicating a sustained rally for MATIC, provided it doesn\u2019t relapse into the bearish zone.<\/span><\/p>\n This is necessary for MATIC as it is not even close to placing its investors in profit. The altcoin is yet to recover the losses observed throughout April and May before it heads on towards the ATH of $2.9 it last witnessed back in December 2021.<\/span><\/p>\n<\/div>\n<\/div>\nPolygon, This Week\u2019s Altcoin King<\/h2>\n
Ethereum, Just Another Follower<\/h2>\n