Biggest Movers: MATIC Moves to 6-Month High, ATOM up 10%

Polygon rose for a second consecutive session on Friday, climbing by as much as 20%. This surge pushed prices of the token to their highest level since May. Cosmos was another big gainer on Friday, with prices rallying to a five-week high. Overall, the cryptocurrency global market cap is now trading 2.64% higher.

Timeline of Cosmos, Polygon

Polygon's native token MATIC has seen a massive price hike overnight, as the altcoin's price has increased nearly 20% in the last 24 hours. Most importantly, this is the first time since early August that MATIC has crossed the $1 mark.

The Polygon MATIC token price is surging due to a sequence of high profile partnerships with Meta, JPMorgan and Reddit involving NFT development. Currently trading around $1.10, MATIC has risen some 30% from $0.84 it was at just two days ago.

Polygon (MATIC) is one of the biggest winners in the crypto market today, with a 15% price increase over the last 24 hours. As NewsBTC reported yesterday, MATIC gave a golden cross signal on the daily chart a few days ago.

Over the last 24 hours, the cryptocurrency market cap saw net inflows of $21.2 billion to $1,030.6 billion from $1,009.4 billion as of press time — up 2.1%. The post CryptoSlate Daily wMarket Update – Nov. 3: Polygon maintains bullish run of form appeared first on CryptoSlate.

Popular Ethereum layer-2 token MATIC has surged over 17% in the last 24 hours, leading the crypto market in gains. Its price jumped from the previous day's low of $0.815 to a local high of above $1.

MATIC rallies with high volume as price breaks above $1 after a while as bulls eyes $1.3.  MATIC's price, both on chart and on-chain, shows how it has had a fair share of the bear market and would continue to bloom.

Polygon price has spiked remarkably since the past trading day and jumped beyond $1 to reach the high of $1.15 in the early trading hours. After registering a couple of notable collaborations in the recent past, the company has set the crypto space on fire with massive partnerships.

Polygon (CRYPTO: MATIC) was among the top three cryptocurrency gainers on Thursday, after the platform announced high-profile partnerships with JPMorgan (NYSE: JPM) and Meta Platforms Inc's (NASDAQ: META) Instagram. What Happened: MATIC is up by 200% since its lowest point on June 19, according to CoinMarketCap.

Altcoins have been having a great time currently on Satoshi Street and this time it's Polygon's native crypto MATIC. In the last 24 hours, the MATIC price is up 15% moving way past $1.

In this episode of NewsBTC's daily technical analysis videos we are looking at MATIC following a more than 10% intraday move on the back of the announcement that META would use Polygon for Instagram NFTs. Take a look at the video below: VIDEO: Polygon Price Analysis (MATICUSD): November 3, 2022 The continued strength from MATIC has the altcoin's momentum turning up yet again on the daily, strengthening on weekly timeframes, and only three days away from the 2-week timeframe crossing bullish.