Cryptocurrencies Price Prediction: Polygon, Sui & Ethereum — Asian Wrap 18 September
|Why Polygon’s MATIC may have seen a bottom amid underperformance
Polygon MATIC, now known as POL, has been one of the most underperforming cryptocurrencies in the top 100 since the beginning of the year, declining more than 62% year-to-date. However, several key metrics on Wednesday show that its price may have seen a bottom.
SUI rallies as Circle announces the launch of USDC on its network
SUI is up 14% on Wednesday as Circle announced that its USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) will launch on the Sui blockchain.
Ethereum could rally 17% amid Bitwise thesis on ETH contrarian bet
Ethereum (ETH) is up 2% on Tuesday as anticipation grows for a 50-basis-point interest rate cut by the US Federal Reserve (Fed). Meanwhile, Bitwise's weekly memo noted that Ethereum still provides several opportunities and looks like a contrarian bet.
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