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Is It Too Late to Buy Polygon? MATIC Price Rallies Up 5% in 24 Hours as Green Crypto Chimpzee Sails Past $800,000 Milestone
Is It Too Late to Buy Polygon? MATIC Price Rallies Up 5% in 24 Hours as Green Crypto Chimpzee Sails Past $800,000 Milestone
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Polygon Logo / Source: Adobe
The price of MATIC, the native token of Ethereum’s largest layer-2 scaling protocol by market capitalization Polygon, is up over 5% in the last 24 hours, as per CoinGecko.
MATIC was last trading just above $0.74 and to the north of its 50-Day Moving Average (DMA) for the first since April, as the cryptocurrency continues to unwind the losses it experienced in June as a result of the US Security and Exchange Commission (SEC)’s claim that it is actually a security.
While MATIC is still over 16% down from its pre-SEC FUD (fear, uncertainty and doubt) levels near $0.90, the cryptocurrency is up an impressive more than 45% from its June lows in the $0.50 area.
In wake of the impressive bounce, crypto investors are asking whether they missed their chance to buy the dip.
Is it too late to buy Polygon? they might ask.
Is It Too Late to Buy Polygon (MATIC)?
While crypto investors who refrained from buying the June dip have missed out on easy near 50% gains, its not too late to buy Polygon.
That’s because the cryptocurrency is still trading more than 50% below its earlier yearly highs and, if it can break above a few near-term resistance levels, could be in with a shot of posting more than 100% gains in the coming months.
As noted, MATIC has managed to clamber back above its 50DMA, but is finding strong resistance at the late-2022/early-2023 lows around $0.74.
If it can clear this resistance, as well as a downtrend from the yearly highs and the May lows around $0.81 the door is open for a swift rally towards the 200DMA around $1.0 and then on towards the yearly highs in the mid-$1.50s.
Of course, as MATIC hits key near-term resistance, some bears might see this as attractive levels to add to short positions.
A retest of yearly lows at $0.50 should not be discounted given the ongoing SEC FUD.
Whilst it certainly isn’t too late to buy MATIC as it could go higher in the near term, it remains a highly risky play.
Polygon (MATIC) Alternative to Consider – Chimpzee (CHMPZ)
Chimpzee, which is being touted by crypto experts as one of the hottest charity-focused web3 projects of the year, is generating waves in the crypto space.
The project’s highly sought-after presale, which analysts at reputable news outlets such as Cryptonews.com and Business 2 Community rank as one of the year’s best presale opportunities, just shot past the $800,000 mark.
Chimpzee is a disruptive crypto platform that allows its users and supporters to earn a passive income whilst simultaneously saving animals and fighting climate change.
The charity-focused web3 platform is set to feature a shop-to-earn Chimpzee merchandise store, a trade-to-earn non-fungible-token (NTF) marketplace and a play-to-earn game called “Zero Tolerance”.
The presale is currently in its 7th stage and potential investors need to move quickly as when the $1.1445 million mark is hit, the $CHMPZ token price will go up from $0.0007 to $0.000775.
Visit Chimpzee Here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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Green Crypto Chimpzee Raises More Than $700,000 While Helping to Fight Climate Change – Next Big Thing?
Green Crypto Chimpzee Raises More Than $700,000 While Helping to Fight Climate Change – Next Big Thing?
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The eco-friendly crypto project, Chimpzee, has achieved a significant milestone with its $CHMPZ token presale, surpassing $729,000 in funding.
This achievement can be attributed to the project’s commitment to promoting environmental sustainability and its offering of real value utility to its users.
Chimpzee Ecosystem Utilities to Catalyze Explosive Price Pump
Chimpzee is a decentralized project that empowers individuals to make a positive impact on the environment and conserve wildlife while earning crypto rewards.
The platform has gained significant attention within crypto communities due to its commitment to combating climate change and protecting endangered animals.
The Chimpzee ecosystem offers attractive features for crypto enthusiasts, including an online shop, a non-fungible token (NFT) marketplace, and the Zero Tolerance Game.
The online shop serves as a central marketplace where members can purchase customized goods and merchandise, earning $CHMPZ tokens as a reward.
A portion of every sale contributes to green initiatives such as tree planting and wildlife conservation in endangered regions.
The NFT marketplace allows users to buy and sell eco-friendly NFTs and earn passive income from the percentage of trading fees generated by the project.
The Zero Tolerance Game feature is designed to entice young players and educate them about the importance of wildlife preservation and climate change combat through game tasks.
These tasks entail tree plantation and the elimination of threats to climate change.
For every gaming milestone achieved, players are rewarded with $CHMPZ tokens.
Another unique integration that has attracted prospective investors to the Chimpzee platform is its novel NFT passport incorporation.
The Chimpzee NFT passport is the key to maximizing passive commercial ventures within the ecosystem.
The NFT will enable holders to have access to the extra earnings platform.
Another stellar addition is the artificial intelligence (AI) powered Chimpzee Avatar generator mobile application.
The robust app will enable users to create high-quality personalized Chimpzee avatars using AI technology.
$CHMPZ Presale Rally Indicates Bullish Sentiment in Future
The $CHMPZ token is at the heart of Chimpzee’s economy, providing a funding source to support the fight against climate change and the preservation of animals.
At press time, the fast-rising asset has raised a stunning $729,000 in presale, indicating a high attraction from global investors.
Currently at stage six of its presale, $CHMPZ trades for a low price of $0.00067 per token, with an expected increase to $0.0007 when it reaches stage seven in the next 30 hours.
The ongoing presale presents an exciting opportunity for retail and institutional investors to acquire $CHMPZ at a discounted price, earn rewards, and actively contribute to green initiatives.
The platform’s ongoing presale is titled: “Save Black Jaguar,” as it aims to address the potential extinction of black jaguars in the regions inhabited by the Yawanawa people.
Chimpzee has set a goal of raising $750,000 to help the people of Yawanawa conserve the Jaguar species.
With just $21,000 left to reach $750,000, Chimpzee will provide a green welfare solution to preserve wildlife and continue its mission of creating a favorable habitat for everyone.
As a special support tribute to members, the development team of the green project is generously offering a 300% bonus for every investor that participates towards the completion of its fundraising goal.
This means that any token purchase made today will instantly result in a 300% increase in the investor’s token holdings.
Now is the best time for investors to purchase the $CHMPZ token before its price increases.
Visit Chimpzee Now
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
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ApeCoin is Going to Zero After Azuki Drama Sends NFT Prices Crashing But Chimpzee Might Be The Next Crypto to Explode – Here's Why
ApeCoin is Going to Zero After Azuki Drama Sends NFT Prices Crashing But Chimpzee Might Be The Next Crypto to Explode – Here's Why
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ApeCoin (APE), the utility and governance token of the APE ecosystem which was built by Yuga Labs to expand the utility of its Bored Ape Yacht Club (BAYC) non-fungible token collection, has been struggling recently.
APE/USD has been unable in recent weeks to muster a sustained pushback to the north of its 21-Day Moving Average (DMA), which has been acting as resistance going all the way back to April.
APE was last trading near $2.20 per token, within familiar ranges over the past month.
But the token is unlikely to be able to replicate the positive general performance being seen elsewhere in the crypto market, such as with bitcoin (BTC) and ether (ETH).
That’s because NFT markets, including the price of BAYC collection, are performing badly right now, reducing demand for the NFT-linked APE cryptocurrency.
The poor performance of the NFT market has a lot to do with a recent drama relating to a recently launched Azuki NFT collection.
The Azuki NFT collection creators raised a stunning near $40 million in their new launch, but some big investors claimed that they had been ripped off, as the newly launched collection looked very similar to a past collection.
These big investors bandied together to form the so-called Azuki DAO (decentralized autonomous organization), which they are using to put pressure on Azuki’s creators for a refund.
The debacle is weighing on broad confidence in the NFT market, with the price floor of the BAYC collection recently hitting a near two-year low of $52,000, as per nftpricefloor.com.
That’s a more than 85% decline from the record-high price floor reached in April 2022 of around $370,000.
As crypto investors continue to lose confidence in NFTs, some are claiming that NFT-linked cryptocurrencies like APE could soon be headed for zero.
At current levels not far above $2.0, APE is close to record lows and is down over 90% versus its record highs from April 2022 in the $28 region.
This Could Be The Next Ape-Themed Crypto to Explode
While the ApeCoin outlook is dire, things are looking up for another ape-themed crypto called Chimpzee.
Chimpzee, which has been labelled by some as web3’s hottest charity-focused project, just moved into the sixth stage of its highly popular crypto presale.
Some industry observers think that the project could be the next crypto to explode.
The disruptive crypto platform, which allows its users and supporters to earn a passive income whilst simultaneously saving animals and fighting climate change, has now raised a whopping $680,000 via sales of its $CHMPZ token.
Chimpzee’s web3 platform is set to feature a shop-to-earn Chimpzee merchandize store, a trade-to-earn non-fungible-token (NTF) marketplace and a play-to-earn game called “Zero Tolerance”.
Owners of Chimpzee’s NFT Passports will also be able to earn yields of as much as 20% APY, as well as benefiting from other exclusive perks.
Investors who want to get involved with one of the crypto industry’s most promising charity projects should move quickly.
That’s because presale investors can receive a bonus of up to 300% in additional $CHMPZ coins if they get in ahead of the presale hitting $750,000.
When this milestone is hit, Chimpzee will be making a donation related to helping protect black jaguars.
Moreover, in just nine days, the presale will enter its seventh stage and the price of $CHMPZ will rise 4.5% from $0.00067 to $0.0007.
That means investors who get in now can be sat on paper gains of at least 275%, given $CHMPZ will list on major exchanges later this year at a price of $0.00185.
Potential buyers should also note that when the sixth presale stage ends investors will lose the right to buy a Diamond Chimpzee NFT Passport, which offers the highest staking yields and best perks.
Early investors will be able to secure their Diamond Chimpzee NFT Passports in an exclusive whitelist event at the end of the presale and prior to the platform’s public launch.
Visit Chimpzee Here
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