Resistance to Polygon's MATIC exists, but this new Web3 relationship ought to thrill customers!

On Wednesday, Polygon's (MATIC/USD) price declined by 2.49% as it continued to encounter resistance at $0.96. MATIC's price was $0.88 and it was slightly declining from the breakpoint. If the bears keep pushing down on MATIC pricing, it can revert to the $0.77 support level. For MATIC, however, significant fundamental developments keep occurring.

Warner Music Group and Polygon have launched a yearlong relationship with dynamic platform building and e-commerce LGND. The release claims that LGND will be able to develop the LGND Music Web3 ecosystem thanks to Polygon. The network will debut in January 2023 and, through a proprietary overlay, will enable digital assets from various blockchains. Warner Recording artists will introduce digital treasures via the collaboration on the application and desktop devices.

Warner Music Group and Polygon have launched a yearlong relationship with dynamic platform building and e-commerce LGND. The release claims that LGND will be able to develop the LGND Music Web3 ecosystem thanks to Polygon. The network will debut in January 2023 and, through a proprietary overlay, will enable digital assets from various blockchains. Warner Recording artists will introduce digital treasures via the collaboration on the application and desktop devices.

The cooperation is evidence of Polygon's expanding importance in Web3. The Layer 2 blockchain is a favorite choice for companies entering Web3 since it has minimal fees and quick payments. As a result, even throughout a prolonged bad market, its native coin has remained more steady in comparison to most cryptocurrencies.

Where to Purchase Matic？

Binance

One of the biggest cryptocurrency exchanges around the globe is called Binance. It is more suitable to more seasoned investors and provides over 600 different cryptocurrencies for users to pick from. Peer-to-peer trading, margin trading, and spot trade are just a few of the many trading alternatives that Binance's customers can take advantage of. It is also renowned for having minimal trading costs.

KuCoin

Over 200 coins are available on the cryptocurrency market Kucoin. A constructed peer-to-peer exchange, market and margin trading, financial institution security, and a large variety of supported forms of payment are just a few of the many features offered by Kucoin. An easy-to-use layout and affordable prices are advantages for consumers.

As a reminder, WikiBit is ready to help you search the qualifications and reputation of projects in a bid to protect you from hidden dangers in this risky industry!

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