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❕NEWS Over the past 30 days only one coin survived

AudraMiller

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It is without a doubt that the last month in the cryptocurrency world has been one that has been filled with changing emotions, and overall the emotion has been very bad, with the price of cryptocurrency being nothing short of a war zone with many casualties. However, in all of this, and all the coins seeing a downward trend, there is one coin that did not suffer from this war, and that is MATIC. Reports show that this coin increased over the last 30 days, whereas most other coins are still showing a decline in price.
 
Generally altcoins follow bitcoin in terms of price action, there are exceptions, but for the most part altcoins can be expected to fall if bitcoin is bearish. Bitcoin is considered the safe haven asset in the crypto world, so when the market is 'frothy' altcoins get hit harder than bitcoin... in the same way their gains outsize bitcoin when the market is bullish.
 

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