Polygon Matic has dropped the support level of $0.5 to trade at $0.46 this morning. This is a massive drop and a blow to holders who have been bullish about the Polygon Matic. This price was last seen in April 2021, and according to crypto analysts, Polygon Matic might drop even further this week.
The massive drop in the Polygon Matic price has triggered a high selling pressure, with many MATIC holders selling in fear of making more losses after the Fed meeting. Among the selling Polygon Matic has been joining Bitgert (BRISE), which is one of the cryptocurrencies doing very well today. In fact, Bitgert tops among the coins that are attracting even the Polygon Matic whales.
Bitgert stands out this morning as one of the bullish cryptocurrencies when the market is crashing. At the time of this writing, Bitgert had increased by 21.7% in the past 24 hours. This was a massive growth when the global crypto marketcap was averaging a 7.5% decline.
The Bitgert bullish growth during a bear market is not unusual. This is a coin that has been bullish all through regardless of the market conditions. The bullish growth has mainly been driven by the disruptive products and projects that the Bitgert team has been adding to its ecosystem.
The current ATH was set during a bear market this March after the Bitgert team released the BRC20 blockchain, the only zero gas fee blockchain in the market. The mass adoption of this blockchain skyrocketed the Bitgert price to a new ATH and is still also among the reasons why Bitgert is doing so well today.
The huge number of investors, including the Polygon Matic holders joining Bitgert, is also another reason why Bitgert is doing well today. In anticipation of the massive number of disruptive products from the Bitgert roadmap V2 and Bitgert-backed projects, more investors are buying Bitgert coins. This has canceled out the selling pressure.
The massive developments that the Bitgert team has achieved and the upcoming developments are the reason Polygon Matic holders are attracted to this project. Bitgert has so much to offer and has the potential to explode the coin 1000x. That's why many Polygon Matic holders are buying and accumulating Bitgert.
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