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Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

Published 10/24/2022, 10:14 AM
Updated 10/25/2022, 12:40 PM
Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

The price of Polygon’s MATIC (MATIC) coin could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators.

MATIC rose by nearly 6.5% four days after Nubank, a Brazilian fintech company backed by Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) and Softbank (OTC:SFTBY), confirmed that it selected Polygon’s “Supernets technology” for its blockchain and digital token, dubbed Nucoin.

MATIC/USD 3-day chart featuring bull flag breakout setup. Source: TradingView

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