Epic Reason for Bullish Trends of MATIC, CRV and ONE
Altcoins are stepping on a higher scale with a tremendous performance displayed during the month of October. The overall crypto market is very excited resulting in bullish momentum across the entire month. Moreover, all the altcoins have shown massive price gains over this week.
The three main popular tokens with a bull run activity are Polygon (MATIC), Curve DAO token (CRV) and Harmony (ONE). Significantly, Ethereum blockchain and its pricing levels is the major cause for the massive price soars of these tokens.
As many cryptocurrencies are trading on the ETH blockchain platforms, it records a high usage volume. Along with driving huge profits for relevant crypto assets.
ETH Blockchain Explodes Altcoins Surge
As per the crypto market, the main three tokens such as Polygon (MATIC), Curve DAO token (CRV) and Harmony (ONE). These altcoins are exciting the users with huge gains across the mark with a rough hike 26%, 45%, and 22.5% over this trading week. As per the record, the Ethereum’s Ether token is also on high up to 8% in the market.
The usage of ETH platform is scoring high in recent days as many cryptocurrencies are choosing the Ethereum blockchain services. Notably, the pricing momentum of Ether token can be the main reason for price surge of Polygon, Curve DAO token and Harmony.
As an interesting note, the reflection of Ethereum price surge is falling on these tokens as they are built on ETH platforms. Also, as a recent trend, Ethereum adoption is emerging resulting in the spike of Ether tokens in the marketplace. Thus, Polygon (MATIC), Curve DAO token (CRV) and Harmony (ONE) are enjoying and benefitting from the ETH surge.
Current Market Status
According to CoinMarketCap, the current value of Polygon is $1.90, recording a bull run where Polygon (MATIC) crossed $2 mark yesterday.
On the other hand, the Curve DAO token is standing on a point of $4.88. Through the pricing momentum of Ether tokens, crypto enthusiasts expect CRV to hit a new all time high in the market.
Finally, the Harmony current price is $0.323444 which scored high about 22.5% in the last 24 hours. Thus, the ONE token is boosting up thanking the momentum. However, the Ethereum adoption and price surges will surely elevate many cryptocurrencies and blockchains related to ETH. Besides, if the ETH network continues to grow and rise in the market, then surely there will be big gains for Polygon (MATIC), Curve DAO token (CRV) and Harmony (ONE) in the near future.
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Text source: TheNewsCrypto – Blockchain & Cryptocurrency News M
