FieryTrading

🔥 MATIC Gains On META & JPMorgan Adoption

Long
BINANCE:MATICUSDT   MATIC Network / TetherUS
Yesterday META and JPM announced that they're going to partner up with Polygon (MATIC).

META selected Polygon as its partner for its upcoming NFT tools that allow users to mint, showcase and sell their digital collectibles on and off the social media platform.

Meanwhile, banking giant JPMorgan used Polygon to conduct its first live trade (worth about $71,000) on a public blockchain, marking a concrete step toward integrating cryptocurrencies into traditional financial frameworks.

-- Cointelegraph

Naturally, the above is incredibly bullish news. In two days MATIC has gained almost 40%, which is in my view just the start. If we can close above $1.18 (important resistance, scroll left) we can likely see much more gains coming. Bullish targets in blue.

By the way, congratulations if you traded my last MATIC signal!

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