Large investors buy Chainlink, MATIC and Fantom as altcoin prices rebound linkmarines Polygon FTM
data, a handful of altcoins are seeing a slight rebound after yesterday's market decline was inspired by Bitcoin's drop to lows of $39,650.
At press time, Ethereum have rebounded 2.73% to $3,128, while tokens such as BNB , Terra , Dogecoin , Polygon and Near Protocol were up amid the top 100 cryptocurrencies. Polygon MATIC is up 8.69% at a present price of $2.23, as investors cheer the positive news of Associated Press launching its NFT marketplace on the Polygon blockchain.Polygon announced the debut of Plonky2, a recursive SNARK it claims is 100x faster than existing alternatives and natively compatible with Ethereum.Large investors typically use dip periods to accumulate their favorite tokens.
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