Prices and crypto news of Cosmos (ATOM), Shiba Inu (SHIB) and Polygon (MATIC)

Our column dedicated to in-depth analysis of the crypto world continues, and today we are going to analyze the prices and related news of the assets of Cosmos (ATOM), Shiba Inu (SHIB) and Polygon (MATIC).

Timeline of Cosmos, Polygon, Shiba-inu

The anticipation by Shiba Inu (SHIB) bulls to start the week on a bullish note might not be going exactly as planned, as the meme coin has joined the general bearish downtrend on the market today. According to data from CoinMarketCap, Shiba Inu is down by 4.43% to $0.0000071, a price level that is an elongation of the 7.89% week-to-date (WTD) price drop.

The cryptocurrency market is currently experiencing a downturn, with a substantial portion of investors in Shiba Inu (CRYPTO: SHIB) and other cryptocurrencies facing losses. What Happened: According to data by IntoTheBlock, 83% of SHIB investors are seeing red despite last month's launch of Shibarium.

In a recent update, Lucie, the official marketing expert for the Shiba Inu development team, shed light on the primary objective behind creating Shibarium, their Layer-2 blockchain. Aimed at attracting a broad spectrum of players and developers, Shibarium seeks to become a hub for gaming, metaverse engagement, and decentralized applications (DApps) at minimal costs.

In the wake of volatile market sentiment, the Shiba Inu coin price has been navigating choppy waters. From August 30th, the coin price significantly dropped from a $0.000846 swing high and plunged to the $0.000000739 mark.

Shiba Inu (SHIB) seems to have hit a rough patch in recent times, as its price struggles to gain traction in the volatile crypto market. Investors who witnessed a major rally between mid-June and mid-August are now grappling with the harsh reality that these gains have been almost entirely wiped out.

Lucie, the official marketing expert of the Shiba Inu dev team, haw revealed what primary objective the creators of Shibarium had in mind regarding adoption when they built and launched it.

Binance NFT will halt The Sandbox NFT Staking Program on September 26, 2023, and suspend LAND NFTs for daily SAND rewards. All staked NFTs will undergo an unstaking process, with return expected by September 28, 2023.

Binance NFT Marketplace is a digital platform where users can buy, sell, and trade non-fungible tokens (NFTs). Operated by Binance, one of the world's largest cryptocurrency exchanges, the marketplace was launched on June 24, 2021. It offers a diverse range of digital assets, including art, collectibles, and virtual goods.

In the evolving intersection of virtual communities and real-world businesses, Shytoshi Kusama, the lead developer of Shiba Inu (CRYPTO: SHIB), has highlighted the transformative potential of their platform, Shibarium , presenting a clearer picture of the synergy between virtual communities and real-world business operation. The Shiba Inu Ecosystem, notably through its platform Shibarium, has been pushing the boundaries of this synergy, particularly in the two weeks since Shibarium's launch.

Binance NFT announces the end of The Sandbox NFT Staking Program and discontinuation of Polygon Network support, effective from Sept. 26, 2023. Binance NFT has announced significant changes to its platform.