Price of Polygon’s Native Token MATIC Soars Almost 30%
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The price of MATIC, the native token of blockchain project Polygon, recorded yesterday an increase of 26.8% and 68.4% over the last 7 days, according to CoinMarketCap.

However, it is worth noting the asset has currently fallen by 1.96% over the past 24 hours and is trading at $0.90.

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The asset's price rise has reportedly coincided with a general market rally and a tweet from developer Mihailo Bjelic.

It is worth noting that MATIC currently ranks 12th in the ranking of largest cryptocurrencies with a market capitalization of $7.2 billion. In addition, the token has previously reacted to the news Polygon has been included in the Disney accelerator.

MATIC is not the only crypto that has grown significantly recently. Thus, ApeCoin (APE), the token linked to the BAYC ecosystem, has also seen notable growth. Yesterday, the coin rose 19.4% to $6.05.

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