Despite successfully regaining its $1 achievement in Q1 2024, Polygon (MATIC) has dropped once more, much to the horror of investors and traders alike. On the other end, analysts have been attracted by the potential of Cosmic Kittens (CKIT) as it starts its crypto presale. Read on to discover the fate of MATIC and the reason analysts are so interested in Cosmic Kittens.
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Polygon (MATIC) Loses $1, Falling by 50% Since March
Despite an impressive performance in March, MATIC is trading below the $1 mark, at $0.5545, with a market capitalization of $5.14 billion. The last seven days have been rocky for Polygon after falling 19.1%.
MATIC can regain its value in July. However, analysts say current bearish trends might last till the end of August, dampening MATIC’s growth momentum. The current movement has resulted in MATIC investors taking a wait-and-see attitude regarding this token. On-chain transactions have also declined, as many MATIC holders were not keen on releasing their coins.
While the Polygon community agonizes over the recent developments, cryptocurrency analysts are unbothered. New projects like Cosmic Kittens are gearing up to print profits where MATIC can’t.
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Cosmic Kittens (CKIT) Pumps as its Crypto Presale Kicks Off
Although the crypto gaming industry is improving daily, few games can compare to the top titles in the mainstream gaming industry. However, Cosmic Kittens is here to change the narrative with its secret sauce derived from other mainstream industry successes.
Cosmic Kittens is a crypto game that takes players into the far reaches of Cosmo Kittania’s otherworldly galaxy. You are not alone on this journey, though, as this cryptocurrency project pairs everyone with feline companions like Pokemon. These animal partners are celestial kittens with unique abilities that would be crucial in this adventure.
In this crypto game, your felines need to rest whenever possible, so building a home is necessary. With the right amount of CKIT tokens (the native currency of this gaming universe), you can build a sanctuary reflecting your style.
Strength is essential on this galactic adventure, and your kittens can grow when you shower them with love. Following the style of Tamagotchi, spending time with your animal partner and playing with them keeps them happy and boosts their power.
Another path to strength is evolution and breeding celestial offspring. Evolution into unique celestial kittens occurs due to the experiences of your kittens on the journey. You can also get an animal partner with your desired qualities by engaging in selective breeding. These NFTs are not only adorable feline companions. Gamers can trade these NFT assets and earn extra CKIT tokens.
Cosmic Kittens also lets gamers stake their tokens for long periods, earning extra value. Analysts say Cosmic Kittens’ combination of NFT ownership, immersive gameplay, and attractive rewards could help it become one of the top names in the gaming industry. With a current 68.3% CAGR, the value of the blockchain gaming market could reach $800 billion by 2032. Market analysts agree that this rapid expansion could push CKIT to great heights.
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Analysts Predict Strong Gains from Cosmic Kittens’ Ongoing Crypto Presale, Sidelining Polygon
Traders are already losing faith in Polygon as it keeps nosediving. The Cosmic Kittens looks poised to help recoup profits for those who lost their long positions.
With a discounted presale price of $0.0055 and a 20% bonus, Cosmic Kittens (CKIT) represents an opportunity to earn high value for low investments. Presale exclusive: 700 NFTs available for 0.02 ETH each, with a mint price of 0.04 ETH once launched.
News of the rapid development of Cosmic Kittens’ game has boosted investor interest, a factor that analysts say could increase CKIT’s value by 200x in its first year. To capitalize on this immense growth potential.