Is It Too Late to Buy Polygon? MATIC Price Shoots Up 11% and This Lesser Known Crypto May Be Next to Explode Polygon (MATIC) is bouncing back amid major proposal progress towards Polygon 2.0 and a surge in whale MATIC transactions - leaving some asking 'is it too late to buy Polygon?'.The dramatic resurgence comes as number of PIP governance proposals (PIP-24 and PIP-25) have been unveiled, with both proposals aiming to update the token burn system needed for Polygon 2.0.And this coincid...

Polygon (MATIC) is bouncing back amid major proposal progress towards Polygon 2.0 and a surge in whale MATIC transactions - leaving some asking 'is it too late to buy Polygon?'.

The dramatic resurgence comes as number of PIP governance proposals (PIP-24 and PIP-25) have been unveiled, with both proposals aiming to update the token burn system needed for Polygon 2.0.

And this coincides with a surge in Polygon whale activity, with the number of transactions worth more than $100,000 growing 16.96% over the past week.

MATIC Price Analysis: Is it Too Late to Buy Polygon After Whale Surge?

As price action pushes up, MATIC is currently trading at a market price of $0.58 (representing a 24-hour change of +3.72%).

The bounce was triggered by reclamation of vital lifeline support from the 20DMA, which had acted to suppress upside movements for 68-days since July 24.

Bolstered by the supportive foothold on the 20DMA, MATIC has pushed up +10.3% since Sunday.

The 200DMA now forms a higher-level target, at $0.77 - a level which would see MATIC regain August's technical posture.

As for Polygon's indicators, the RSI has risen substantially on the recent uptick, now stood overheated at 62.84 - this could suggest a need to consolidate or retrace on the short-time frame.

However, the MACD remains with minor bullish divergence at 0.0090 - reflecting the growing momentum fuelled by whale transactions.

Overall, MATIC looks poised here, with bullish posturing above the 20DMA taking aim at the 200DMA - upside seems likely following a brief consolidation at current levels.

This leaves Polygon with an upside target below the 200DMA at $0.71 (a potential +21.66%).

While downside price action faces a potential tumble back to lower trendline support at $0.50 (a possible -13.98%).

MATIC therefore has a risk: reward of 1.55 - a strong entry characterised by decent upside potential.

But while bag-holders are watching the upside move, smart traders are rotating profits into the fastest growing GambleFi project on Telegram.

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The TG Casino Presale: Hype and Beyond

The presale is where things get even more intriguing as the offered staking APY is nothing short of spectacular, standing proudly at 3,446%.

Given that over a million tokens have been staked within a day of the presale launch, the momentum is palpable.

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The $TGC token's utility is another aspect to spotlight - beyond its primary function in the casino world, its adaptability – be it swapped for gaming credits or other cryptos – adds layers to its potential growth.

Its role in transactions, from deposits to withdrawals, signifies its pivotal role in the TG.Casino framework.

How to Buy TG Casino Early?

Step 1 – Go over to their official website

The first thing you want to get correctly is going over to their official website.

Step 2 – Create a Crypto Wallet

You need to set up a crypto wallet, and it's important to chose a wallet that supports ERC-20 tokens as this is TGC Standards.

Step 3 – Purchase ETH or USDT

Next is to purchase some Ethereum (ETH) or Tether (USDT), as these are the tokens used to exchange into TGC.

Step 4 – Connect Wallet to Presale Dashboard

Go to TG.Casino’s website and click on the ‘Connect Wallet’ button. A pop-up box will appear, in which investors can choose their wallet provider and link their wallet to the presale dashboard.

Step 5 – Buy TG.Casino Token

Investors will see an order box on-screen where they can either select ETH or USDT (or buy on BSC) to use for the exchange. Investors also need to decide the amount of $TGC coin you want to buy; the minimum investment is 1,000 $TGC. After making sure that everything is accurate, confirm the trade.

Step 6 – Claim TG.Casino Token

Once TG.Casino's presale has ended, there will be a Token Generation Event (TGE), where investors can claim their purchased tokens by clicking the 'Claim' button on TG.Casino's homepage. That's all for how to buy TG.Casino.

TG Casino's Unrivalled Tokenomics Could Trigger Biggest GambleFi Moonshot

To wrap it up, TG.Casino ($TGC) presale is not just an opportunity; it's a front-row ticket to the future of Telegram GambleFi.

With tokenomics supply - fairly distributed across the presale, liquidity pools, staking rewards, and player rewards - and the additional bolster of TG Casino's jaw-dropping 3,446% APY - this project is positioned to become a huge name in the GambleFi vertical.

Its blend of a comprehensive ecosystem, enticing financial benefits, and user-centric approach make it a tantalizing prospect. But as always, arm yourself with research, and here’s to successful ventures ahead!

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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.