🔅$MATIC, After my signal shared on 31-Dec (Happy New Year!) I was a bit disappointed to see the price going in the wrong direction, but it's always risky to take a position under an ATH (or any strong resistance).

Now, I really don't see where $MATIC could go, except to bounce off the (1) Support from Cup with Handle at $1.85, where is also the (2) 190-day Strong Uptrend Support Line, plus just below the (3) EMA200 as Last Security Support... and which would give #Polygon the opportunity to launch its first 2022 Bullish Rally from there!

🚩Trade: #MATICUSD "Polygon" (Rank #13)
▫️Buy: $1.85++
🔹TP1: $2.30
🔹TP2: $2.60
🔹TP3: $3.10 (New ATH)
(Others TP are the same as on 31-Dec)

🔅#Ocean 'unlocking a Trillion-Dollar Data Economy with Data NFTs': Data could become the most promising NFT utility that sets the foundation for a valuable trend.

👉Don't rush in as we might have a small correction following the current market upside

👉Ecosystem: #Polkadot & #Polygon

#Platform #DeFi #Substrate #Storage #AI #BigData #Web3

🎁 Oasis Network $ROSE Snapshot 14-Feb

👉All #RGPs Holders and Stakers (RGP Liquidity Providers) on #Polygon Chain would receive 1/10 of their held amount. This means for 10 #RGPs you hold you receive 1 #RGP to your Oasis Network Wallet via the same address.

👉The RGP Snapshot, to record the addresses holding or staking RGP at that time, will take place on the 14th February, 2022.

🌐 www.medium.com/rigelprotocol

🔅#Curve Finance DAO Token starts to move fast...

🚩$CRV #CRVUSD
🔹Buy Entry > $2.65-2.70
🔹TP1 > $2.96
🔹TP2 > $3.23
🔹TP3 > $3.64

#DeFi #DEX #DAO #YieldFarming #AMM
Ecosystem: #Polygon #Fantom

🔅#DIAdata | Open-Source #Oracles for #Web3

▫️#Platform #DeFi #NFT #Metaverse

▫️Ecosystem: #Ethereum #Polkadot #Avalanche #Solana #Polygon #Fantom #Injective #Arbitrum #Celo #NearProtocol #BNBChain

💚 It may be the "Gem of the Month", even though this #DeFi project was launched in late 2017.

🔅#Request_Network is a decentralized protocol for all payment requests & accounting, offering #Web3 payment services with 70+ cryptos & stablecoins, 10+ fiat currencies and on 10+ blockchains.

▫️Customers: 1400+ companies incl. #AAVE, #Sandbox, #Maker, #Gnosis, #TheGraph, #Fantom, #Ryde, #Dataunion.

▫️#Request has a fully diluted market cap, as 100% of 999,876,008 $REQ tokens supply are in circulation

▫️$REQ is one of the survivors of the Top100 from 2017 to still have a very active Dev team who has continued to increase their project Ecosystem (#ETH #BSC #Polygon #Fantom #Near #Celo) & that has always invested more in their development than in marketing.

▫️Christophe Lassuyt & Etienne Tatur, founders of $REQ are both French & based in Singapore.

🚩$REQ #REQUSD
🔹Buy Entry Zone > $0.24 - $0.28
🔹TP1: $0.36 (To pay yr S/L)
🔹TP2: $0.49 (Target pattern)
🔹TP3: $0.64 (Fib 38.2)
🔹TP4: $0.78
🔹TP5: $0.92 (Fib 61.8)

⚡️$MATIC Soared 35% as #Polygon Joining Disney Web3

$MATIC is up 35% in the past 24 hours and has made an easy breakout through on the neckline resistance at $0.60. Since its low price on 19th June, $MATIC has already recovered more than 130%, and all my token purchases on different price levels are now in profit.

TA: #MATICEURO TF.4-h (Kraken Exchange)

+++++++++++++++++

⚡️#Ethereum Layer-2 solutions network #Polygon has been selected by Disney for its 2022 business development program.

The Walt Disney company selected #Polygon for its Web3-Focused Accelerator Program, which includes Metaverse and augmented reality (AR), nonfungible tokens (NFTs), and artificial intelligence (AI) characters. Disney has tapped Polygon for its scalable properties, allowing developers to build Web3 experiences.

🌐 https://cryptopotato.com/matic-soared-25-as-disney-selected-polygon-for-its-web3-focused-accelerator-program/

⚡️#Polygon Mission Accomplished

After its successful breakout 4 days ago, $MATIC just hit our minimum target with +70% easy gain, if you bought at $0.53 as suggested. To date, it also has recovered +195% from its bottom price at $0.30.

✨Layer-1 & Layer-2 Blockchain Scaling Solutions

For blockchains to compete with legacy payments processors, they need to be able to process high volumes of transactions quickly, at a low cost.

▫️Why is Scalability Important?
The main goal of scalability is to increase transaction speed (faster finality) and transaction throughput (higher transactions per second) without sacrificing decentralization or security.

▫️There are 2 primary ways to achieve blockchain scalability: Layer-1 & Layer-2 Solutions. 👇👇

1️⃣ LAYER-1
It's a network that acts as infrastructure for other applications, protocols, and networks to build on top of. A public decentralized layer-1 network's primary characteristic is its consensus mechanism.
🔹#Bitcoin
🔹#LItecoin
🔹#Algorand
🔹#Cardano
🔹#Hedera
🔹#Solana
🔹#Ethereum 2.0 is one high-profile blockchain protocol that is exploring shards, along with #Zilliqa, #Tezos, and #Qtum.

2️⃣ LAYER-2
It refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve the transaction speed and scaling difficulties that are being faced by the major crypto networks.
🔹#Polygon
🔹#Arbitrum
🔹#Loopring
🔹#ImmutableX
🔹#xDaiChain

▫️Layer-1 vs Layer-2 Key Differences
The main difference between layer-1 vs layer-2 scalability solutions lies in their role and focus on the blockchain. 👇👇👇

🔅Layer-1 is here to improve the blockchain architecture, while layer-2 is here to build third-party networks on top of the main blockchain.

🔅Layer-1 can provide the most effective solution in large-scale protocol upgrades. However, using this method also means that the validator must be convinced to accept changes via a hard fork.

🔅Layer-2 provides a faster way to increase scalability. However, users can potentially lose the level of security of the original blockchain due to the use of third parties.

▫️Conclusion
👉🏻Layer-1 and layer-2 are just two sides of the same scaling solution. Therefore, they have a strategy designed to make the blockchain network faster and more accommodating for a rapidly growing user base.

👉🏻These strategies also do not outperform each other, and many blockchain networks are exploring combinations of layer-1 and layer-2 scaling solutions on blockchains to achieve increased scalability without compromising security or adequate decentralization.

✅ Quick News‼️

▫️🇺🇸 The #SEC has launched an investigation into #Coinbase’s staking programs.

▫️Former #JPMorgan employees Michael Nowak & Gregg Smith found guilty of market manipulation.

▫️The number of #DApps built on the #Polygon network has surpassed 37,000.

▫️#Polygon partners with #Neowiz to launch a Web3 blockchain gaming platform, #IntellaX.

▫️#Ripple is interested in acquiring bankrupt #CelsiusNetwork assets.

▫️#Hotbit crypto exchange to suspend trading, deposits, and withdrawals after senior managers were subpoenaed for allegedly violating criminal laws.

▫️#CurveFinance has been hacked with $573,000 stolen so far.

▫️🇦🇪 UAE-based retail store #DayToDay will accept #Bitcoin and other cryptos as payment methods.

▫️Vitalik Buterin was just 19 years old when he wrote the #Ethereum whitepaper.

⚡️#Polygon $MATIC Goes Green‼️

🔅$MATIC should also attempt a second breakout to get out of its range, which would justify positive recent news 👇🏻👇🏻👇🏻

✅ $MATIC 𝗕𝗥𝗘𝗔𝗞𝗜𝗡𝗚: Despite the bear market outlook for 2022, Polygon's NFT OpenSea Volume has achieved a new record in sales,reaching $324 million.This surpasses previous record set in 2021.

✅ 500 Biggest Ethereum Whales have $MATIC in their Top 10 Purchased List. Today’s stats of the top 100 Ethereum whales include $MATIC, with the coin being their 5th most purchased token in the last 24 hours.

⚡️$MATIC Only 100% from its ATH

👉 #MATICEUR retests its broken resistance of 525 days to turn it into support which could be a potential interesting buy entry point, after rebound from there...

👉 #Polygon could be the first Top20 crypto (ranked $8) to hit a new ATH which is only 125% up, at $2.92

👉 Tokenization Supply:
🔹Max Supply: 10,000,000,000
🔹Total Supply: 10,000,000,000
🔹Circulating Supply: 8,734,317,475 (87%)
🔹Market Cap: $11,787,887,332
🔹Fully Diluted MC $13,488,323,685

👉 Tokens Distribution:
🔹Team: 16% of total supply
🔹Advisors: 4% of total supply
🔹Network Operations: 12%
🔹Foundation: 21.86%
🔹Ecosystem: 23.33%