The digital space is creating more impressive output recently in different areas of life, with the introduction of metaverse, more people believe in the possibility of getting the digital form of real-life. The metaverse is gradually making its waves with diverse applications in the virtual space.
Polygon [MATIC] has been riding high in the crypto market recently. The meteoric and yet shocking rise of MATIC’s price has been well-documented in the news. Most recently, Polygon announced the release of zkEVM, its first EVM-compatible layer 2 scaling solution. This development is expected to be a big hit as it will enable cheaper gas fees on Polygon. Despite the Fed’s rate hike, MATIC is seeing another price upturn recently as it chases the $1 resistance.
Bitcoin’s (BTC) finished the week 5% higher, gaining ground for the second consecutive week. It was also the third positive week in the last four for the largest cryptocurrency by market capitalization.
Litecoin (LTC), created by former Google employee Charlie Lee, was released in 2011 as an alternative to Bitcoin and has gained popularity ever since, with various users mining it. With new crypto miners coming on board every day, many people wonder how long it takes to mine 1 Litecoin.
A panel of crypto industry experts says now is the time to sell dogecoin. The majority of the experts expect DOGE to completely lose its value. Dogecoin “was a meme coin that shouldn’t have really gotten to this point,” said one of the experts on the panel, blaming Tesla CEO Elon Musk for the popularity of the meme cryptocurrency.
Shib army continues its crusade on reducing the supply of Shiba Inu tokens in circulation. Over the past 24 hours, another massive portion of this meme coin close to a quarter of a billion has been burned.