The prices for cardano and polygon shoot up because the cryptoma market becomes bullish, while ypredict also explodes

The prices for cardano and polygon shoot up because the cryptoma market becomes bullish, while ypredict also explodes

The cryptom market is back this week with a bang and led to surprising price increases in numerous coins and tokens.

cardano (ada) and polygon (Matic) were two of the main beneficiaries, with both recorded a significant price increase in the last three days.

However, not only ADA and Matic benefit from the positive investment - the new analysis platform YPredict (YPED) also recorded an increasing interest during their extremely successful ticket phase.

Ada and Matic rise while the mood at the cryptom market changes

The crypto market has experienced a massive change in mood this week, whereby investors are now showing a level of positivity that has not been observed since March.

In most cryptos, the purchase interest has increased, although Ada and Matic are two who experience a dramatic upswing.

Ada has increased by over 20 % since Monday and is now being traded just above the $ 0.30 mark.

Matic rose by 18 % in the same period and has reached the range of $ 0.70.

Both tokens recorded three interest bully daily financial statements in a row, which underlines the resistance of the purchasing power of investors.

In addition, Cardano and Polygon also broke the 20-day exponential moving average (EMA), which is often used as an indicator of the short-term trend of a tokens.

If you can exceed this EMA in the daily time frame, this would signal a clear change in mood among investors - and thus create the prerequisites for strong upward push.

Cardano and polygon benefit from the spot bitcoin ETF submission

Although data from Cardano Blockchain Insights show that the number of ADA wallets has increased since the end of May, this has not immediately affected the price of the token.

A similar Situation occurred in polygon after a news report revealed that developers discussed the main network with the zero-knowledge technology.

Thus the persistent price movement seems to be due to a significant increase in institutional interest to Bitcoin (BTC).

The increased interest showed itself last week when Blackrock applied for the introduction of the first Spot BTC ETF in the USA.

Since then, two other institutions, Wisdomtree and Investco, have also applied for their own ETFs.

These submissions underline the growing interest of huge asset managers in Bitcoin - which many investors consider as a sign of trust in Bitcoin Coin’s prospects.

This has led to a positive infection effect that has affected the entire market and led to price increases in tokens such as Cardano and Polygon.

Overall, the recent price movement at Cardano and Polygon is a positive sign of the entire market - which indicates that further profits could be imminent.

Which other old coins also increase this week?

In addition to Cardano and Polygon, several other old coins are climbing this week.

One of the outstanding providers is Ypredict-a decentralized crypto forecasting platform that gains enormous popularity through its ongoing pre-sale.

The AI-based crypto analysis platform Ypredict conquers the market in the storm

YPREDICT (YPRED) is a polygon-based platform that uses artificial intelligence (AI) to provide precise price forecasts for thousands of cryptocurrencies.

The platform is still in the advance booking phase, but has already attracted enormous attention from dealers and contributed to collecting over $ 2.5 million in funds.

ypredict describes itself as "the world's first all-in-one-ki ecosystem" and will contain various functions that are supposed to rationalize the trading process.

The most outstanding functions include AI trading signals, mood analysis in real time, AI-based technical analysis and automatic detection of diagram patterns.

As shown in the white paper of the project, Ypredict will also have a tailor -made marketplace on which developers of machine learning (ML) can offer their advanced predictive models as subscription services.

The subscription fees are in Ypred-the native ERC 20 token of the platform.

As if that wasn't enough, the Ypredict platform also offers a lightning-fast trading terminal, on-chart trade and lucrative YPred mission bonuses.

The combination of all of these functions has led to an enormous enthusiasm for Ypredict and led to the fact that over 29,000 people have joined the project's official telegram channel.

In addition, there are reports that there are more than 20,000 people on the waiting list of Ypredict, which underlines the immense popularity of the platform.

With its innovative AI-based functions and its growing popularity, Ypredict is ready to become an important player in the field of crypto analysis.

Visit ypredict presale

disclaimer: The above -mentioned article is sponsored content that was written by third parties and is only intended for advertising purposes. There are no opinions or views of cryptopotato again and nothing in it should be interpreted as financial advice. The readers are strongly recommended to check the information independently and carefully. Investments in cryptocurrencies cover the risk of capital loss. The readers are also recommended to consult a specialist before making decisions that may be based on the above -mentioned sponsored content or not.

The reader is also recommended to read the complete disclaimer of Cryptopotato.