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Neobank Sponsored by Warren Buffett Selects Polygon for The Web3 Coin

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27-10-2022

A combination of exceptionally optimistic fundamental and technical indicators suggests that the price of Polygon (MATIC) might double by the end of 2022 or the beginning of 2023.


Four days after Nubank, a Brazilian fintech business funded by Softbank and Berkshire Hathaway, revealed that it had chosen Polygon's Supernets technology for its blockchain and digital token known as Nucoin, MATIC increased by roughly 6.5%.


Due to the rise, MATIC reached its highest trading price in three weeks on October 24 at $0.90.For businesses wishing to create their own native chains, Polygon Supernets is an enterprise-level solution that takes the complexity out of blockchain creation. It's interesting to note that GameSwift used the product before Nubank to introduce its own blockchain