Polygon (Matic) drops more than 12% in one week as TARO breaks $600,000 in pre-sales | news

The outlook for the rest of the year is unclear for the crypto market. Today’s trading day brings no fresh capital into the market. meaning that the total market capitalization of all digital currencies currently stands at around $800 billion. With a further drop to be expected over the weekend, it would have been all the more important to at least get back towards $840 billion here. That train has now run, and it could go even further down on Monday. On a weekly basis, Cardano (ADA) with -17% and Polygion (Matic) with -12.5% ​​are among the biggest losers in the top 10. Meanwhile, Metaverse coin TARO has broken the $600,000 mark in the first phase of the presale.

TARO token hits $600,000 in pre-sale – Get in now before the price spike

The total market capitalization is now just above the monthly low and threatens to fall further over the weekend. However, Matic is hit harder by this development than most other top 10 coins. Within a week, the value of all MATIC coins has been reduced from $7.7 billion to $6.7 billion. Trading volume is also down 11% to $178 million over the past 24 hours. A look at the chart shows the classic head-and-shoulders formation, the neckline of which points down and has already fallen below it for a long time. Now, the support around the $0.77 area doesn’t seem to hold either, which doesn’t bode well for MATIC. From here, a retracement to $0.70 would be conceivable. So it currently looks like a further 10% drop from the current price will soon become a reality. The crypto market tends to pull back over the weekend, which means it likely won’t be able to hold the $0.77 support.

More than 30 million tokens have already been sold – Secure Taro now before the price increases by 25%.

While the largest cryptocurrencies by market cap are mostly struggling with losses, significant gains are also possible among the smaller coins. Price jumps of 30% in one day are not uncommon here, and on a weekly basis these can quickly double in price. If 100% increases are not enough for you, you often have the opportunity to experience significantly higher price jumps with presales. Here, 1,000 – 10,000% can also be observed very often. Coins that can be bought before being traded on crypto exchanges can only develop their potential once they are listed. Crypto exchanges have even more reach and here a completely different target group becomes aware of the respective token, which can quickly lead to a price explosion.

RobotEra (TARO) trades for $600,000 in the first phase of the presale

Of course, a few things are needed for such a price increase during the IPO. The project that the respective token stands for is be-all and end-all here. Meme coins can pump briefly again and again, but usually a strong use case is one of the most important prerequisites for the coin to succeed. The next point is the public interest. The best idea is useless if no one is interested in the project or the investors are simply not convinced about it. With RobotEra, a metaverse similar to The Sandbox is created. You build your world here on 7 continents that you travel with a robot NFT. The sums that can flow into such a metaverse have been shown several times in the past year. Investors also know why the TARO token, which can be earned in the RobotEra ecosystem, has already passed the $600,000 mark in the first phase of the presale.

Help shape the future of the RobotEra metaverse and secure your TARO tokens now before the price increases.

Price increase planned – Those who buy in advance will have a booked profit of 25%.

More than 30 million TARO tokens have already been sold. These are previously available at a price of 0.020 USDT. In the next phase of the presale, the price will already be increased to 0.025 USDT. This equates to a 25% increase and those who invest before the increase can take this booked profit with them. Subsequently, the TARO token can develop its full potential as soon as it is traded on the crypto exchanges after the presale. Here he can bring his investors significantly higher returns of 1,000% and more. In the past, it has been shown several times that coins can multiply their value after a successful pre-sale when they are listed on the exchanges. If you want to buy TARO before the price increase, you can still get it here at the best advance sale price.

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