Investors Are Buying MATIC, ADA, And CHMPZ to Combat the Crypto Bear Market
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
The crypto market is going through a rough period as the bear market takes over. Strategic investors are stocking up on these tokens to stay profitable, despite the broader market downtrend.
One of the best cryptocurrencies to buy now under the high-cap category is Polygon (MATIC). Having lost 31.5% of its value over the year, the token is expecting a steep price correction.
Given that the broader market maintains its stability, MATIC is poised to make a U-turn and recover its losses over the rest of the year. Investors will come across different entry points to Polygon in the coming weeks. But it's best to exercise patience and wait for the breakout point before buying MATIC.
The MATIC price has been on an interesting and quite unexpected journey over the past year. The broader market downturn impacted the token heavily. While the verdict in the SEC-Ripple case provided a relief, the crypto coin has been largely lackluster.
It's too early to predict whether the MATIC price will surpass the long-awaited $1 milestone. But it's certainly within reach. The launch of Polygon zkEVM, the release of Polygon ID Release 4, and the introduction of the Uptrip Loyalty Program will fuel the price action.
Chimpzee is a wildlife conservation token – one of the first of its kind in the crypto market.
The project’s goal is to bring more energy to wildlife conservation and ecological regeneration by harnessing the power and popularity of blockchain technology.
On the technological front, the token benefits from the decentralized nature of blockchain technology, which renders it an excellent tool for global coordination. In addition, the
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