Can Polygon (MATIC) Price Avoid Dropping to $0.50 Amid Token Migration Fears?
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Polygon (MATIC) price has dropped by 18% since the team announced plans to migrate from MATIC to a new “POL” native token on July 13. Have the token migration plans sparked bearish concerns within the Polygon community? After a promising start to July, Polygon (MATIC) has run into choppy waters over the past week. On-chain data suggests that the token migration plans have raised some uncertainty among Polygon investors. Will it evolve into a prolonged bearish trend? New MATIC Wallet Addresses Have Dwindled Since the Migration Announcement As they await clarity on the token migration plans, crypto investors have grown