What MATICs Recent Rise Means: Cryptos Are Becoming Social! Twitter and Others Implementing Web3

November 6, 2022

Hello bubble Riders! This week sees some exciting news for cryptocurrency adoption.

Twitter, Instagram, Reddit, and even Disney plan to, or have already started, to allow users to share and potentially buy/sell NFTs using the Polygon Network ($MATIC).
Binance confirmed its role in the Musk-Twitter acquisition, shortly before launching its “Binance Bluebird Index” consisting of $BNB, $DOGE, and $MASK.
$MATIC has increased 43% over the past two weeks to a price of $1.185 at the close of November 5th.

Daily chart over the past two weeks:

Clockwise from Top-Left: $BNB, Polygon’s $MATIC, $MASK, $DOGE.

Here is a look at the hourly chart of Binance Bluebird Index since its inception on Nov 2nd:

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