The Future of Cryptocurrencies: Bitcoin, Polygon, and Dogecoin
Bitcoin has maintained a position near the critical $60,000 mark as of August 18. Data from IntoTheBlock reveals nearly $13 million in net flows into Bitcoin Exchange Traded Funds (ETFs) throughout the week.
Polygon, a prominent Ethereum scaling solution, has announced a significant development – the migration of the MATIC token to POL on September 4. This migration signifies that the new token will supplant MATIC as the native gas and staking token for the Polygon Proof-of-Stake (PoS) network.
In the realm of meme coins, Dogecoin (DOGE) has experienced a noteworthy increase in holdings by whale wallets. According to data from on-chain intelligence tracker, IntoTheBlock, there has been a 50% surge in the number of wallet addresses holding over 10 billion DOGE in the past 30 days.
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