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POL is trading near $0.08060 inside a tight descending channel on the 1-hour chart, with the next move likely depending on which side of the range breaks first.
POL trades at $0.081, still 97% below its December 2021 all-time high, even as Polygon’s network handles record transaction volumes. The article contrasts Polygon’s weak price action with renewed buyer attention around Pepeto ahead of its listing.
Polygon Labs is cutting staff again as its acquisition of Coinme nears completion, while the network’s stablecoin supply and June volume remain substantial.
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