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The Market Maker Explained Why The Rate of Ethereum (ETH), Polkadot (DOT) and Polygon (MATIC) Will Not Increase

Bitcoinist
by Bitcoinist
Last Updated: October 13, 2023 6:00 pm
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market is in a state of flux. With the looming US dollar crisis triggering potential recession warnings, the crypto space, including Ethereum (ETH), Polkadot (DOT), and Polygon (MATIC), is bracing for impact. As investors and traders grapple with the unfolding scenario, understanding the current status and future prospects of these three giants becomes crucial.

However, while many are caught in the whirlwind of market unpredictability, selling off assets in a frenzy, a discerning group remains steadfast. These individuals, primarily the members of the Odyssey Telegram channel, view the current downturn as a strategic opportunity rather than a setback. Odyssey, hailed as the “21st-century crypto prophet,” has consistently demonstrated his prowess in the crypto arena, delivering commendable returns time and again. His altruistic approach, offering invaluable market insights to his community without any charges, sets him apart.

As the majority remained hopeful for a bullish October, Odyssey had a different perspective. He had insightfully pointed out the potential to profit from the market’s decline through a short strategy. The result? He’s enjoying substantial gains, and so are those who took his advice to heart.

Seeking the same results? Join the channel NOW!

The Odyssey Telegram channel, a reservoir of crypto insights, is open to all, and astonishingly, it’s free. The proof of its value? His advice consistently delivers. For those seeking similar success and insights, joining this community is the next logical step.

Subscribe to the channel for invaluable insights

Turning our attention to the current scenario, it’s crucial to analyze the market dynamics of Ethereum (ETH), Polkadot (DOT), and Polygon (MATIC). With Odyssey’s unparalleled insights as our compass, we can adeptly navigate the crypto market’s choppy waters, positioning ourselves for optimal gains.

Ethereum (ETH): The Giant’s Struggle

Ethereum (ETH) demand for staking seems to be waning post its “Shapella” upgrade. Its price fluctuates between $1,571 and $1,733, with key support at $1,308 and resistance at $1,794. External market pressures and reduced staking enthusiasm might impact its price, especially with looming U.S. recession concerns.

Polkadot (DOT): Governance Woes and Market Dynamics

Polkadot (DOT) faces challenges with its shift to the “OpenGov” structure, causing friction within communities like PolkaWorld. Its price varies between $3.900 and $4.338. The network’s future hinges on addressing governance issues and aligning with its foundational community.

Polygon (MATIC): Stablecoin Setbacks and Market Implications

Polygon (MATIC) reputation has been affected by a stablecoin on its platform experiencing a 50% value drop. Its price ranges from $0.494 to $0.570. The recent setback raises questions about the stability of projects on its network. Addressing these challenges and ensuring preventive measures will be pivotal for Polygon’s market standing.

Conclusion

Explore the “Odyssey” Telegram Channel, a vibrant community of crypto enthusiasts led by Odyssey – a recognized influencer in the crypto space. With over 60k subscribers, 850 active ambassadors, and a weekly follower increase of 12%, the community is on the cusp of greatness.

Odyssey isn’t just another expert floating in the market. Instead, he’s a seasoned market maker with a keen ability to decipher market psychology and crowd behavior. Odyssey is often dubbed “the new Satoshi Nakamoto”, and with good reason. Brace for a monumental shift as Odyssey aims to prove their Satoshi identity by sending Bitcoin’s rate plummeting to an incredible $15,000!

Embark on a Crypto Odyssey

Why join the “Odyssey” public group? First, as a member, you get exclusive access to insider information and industry insights, knowledge hidden from the mainstream. Be at the forefront of industry development, gaining privileged insights into the crypto realm.

Second, immerse yourself in an engaging and dynamic atmosphere. Participate in exciting contests with generous prizes, dive into discussions about project plans and roadmap insights, and enjoy regular Ask Me Anything (AMA) sessions and ambassador talks.

Third, embrace a no-holds-barred environment, one where Odyssey defies conventional knowledge. He’s not a crypto enthusiast you’d come across in your daily life, and his insights come with a unique blend of sarcasm and post-irony that you won’t find anywhere else. Delve into Odyssey’s unique wisdom, presented in a way you won’t encounter elsewhere!

The “Odyssey” Telegram Channel is not just a community; it’s an unparalleled journey of mysteries and rewards. Become a member of the “Odyssey” public group and experience crypto like never before. The Odyssey awaits you.

Come aboard the Odyssey!

Make the smart choice!

TG – https://t.me/odymavrodi
Twitter – https://twitter.com/GrimaceOdysseus

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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