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Two altcoins just got big changes and This going to have a major impact on Their price and these are very large Altcoins we're talking about today and The impact is going to be to the upside The first coin we're talking about today Is polygon polygon just has a major Upgrade that's going to happen in the Next 24 hours they are switching from Madic to pole and this is going to be Happening within probably about 18 hours Of this video coming out but what is Happening polygon switching to madic Wait mtic switching to polygon I don't Know what's happening what do I have to Do as a holder well the first thing you Have to do is absolutely nothing uh First initial phase is pole is going to Replace madic as the native token for The polygon Network so it's going to Change in your wallet it's going to Change in coinbase you don't have to do Anything it's the next phases that are Important and the price impact that's Going to be important now in the Subsequent phases the community can Decide to expand the utility of the Token but that's not all folks there's a Couple other things they can change here They can change the annual emissions Rate of polygon we are now going to a 2% Inflation for this token and I've heard 2% is pretty good Target so that is Going to be the first thing you can
Change the community will be able to Change this percentage in the future so It's becoming more of a governance token The next change will be what happens With that 2% now the 1% is going to be Set aside as staking rewards for Validators also the other 1% is going to Go to the treasury which will govern What to do with the initiatives and hey If you're a holder you could take a part In this direction your voice can be Heard but the bigger question Everybody's asking is what is this going To do to the price can it reverse the Downtrend well we're going to jump to The charts because I have something that Is very bullish for you but wait till You see the next coin now looking at the Market cap of polygon slatic you can see It's $3.7 billion but in the past it was Touching 20 billion I've talked about How important that $20 billion range is And folks I think we're actually going To head back up to 20 billion and you're Looking at a 67 And that could just be the beginning I Think we could go a lot higher from There now in this article talking about The price downtrend they brought up a Really good point they say the next Level of resistance is going to be Around this $150 range dey's got another Level of resistance is going to happen Sooner than that so let's look into the
Charts the reason they're highlighting a $150 is it was this local Peak right Here now we're looking at pretty much The the entire price history of madic Let's go ahead and draw out a horizontal Line if we look at the horizontal level And we zoom in a little bit you can see This is a very important level so 100% Is going to reject around this $150 58 Range you can see in the previous Bull Run how important a level it was how Often it acted as support and in the Early days it actually acted as Resistance a lot as well so resistance Support just very very strong level and You can see it went there with bitcoin's Runup in the February March range and so I expect this to happen again this Actually preceded the Bitcoin pump by About a month there so polygon has a Little bit of a unique price history but Dey you gave us a warning you said the Resistance is going to happen before Then this is where the real resistance Is going to happen first so we're going To go ahead and draw a trend line to Identify this and this trend line starts In September 2021 and if we run it here You can see it just hits the tops of These Peaks perfectly and I think it's Going to do the same thing this is going To give us different prices depending on When it hits if it happens within the Next month I don't think is possible but
If it happens early October you're Looking at a11 if it hits at the end of April that means madic is getting Reversed at a dollar that is is going to Be the first place of rejection so this Trending line to the downside is going To be romatic really needs to cool down You can see how often a rejected off it Against the past I do think it will Burst through it eventually but it's Going to have to knock on this door Quite a few times I don't think it just Burst through this long trend line Dating all the way back to September 21 But let's talk about coin number two They also got a major upgrade a major Change and I had to actually research How big a change this wasz folks this Really isn't on my radar I'm talking About soccer that is right there's a Huge polka dot deal that just happened They just signed with a major player you May be heard of Messi or Messi polka dot Inc's a major sponsorship deal with his Soccer team now if we go ahead and Investigate the details here it's Actually going to be on their training Gear so the logo is going to be visible On all tops warned by the players and The staff during training sessions and Pre-match warm-ups that's not the only Thing they're also going to have Dynamic Digital campaigns and interactive fan Zone communities now if if you're
Wondering about this Leo Messi guy who Who is this guy I know he was popular so I went to ESPN who is the top player of The entire Millennium we're saying you Know all the players in the last 20 Years number one is this guy so we're Talking about a major player but that's Just ESPN what would Google say who's The most who's the best player known to Man Lionel Messi so Messi very very Famous player well that's great and all But tell me more about this interactive Fan Zone initiative what what's Happening there is this going to be Bullish well to answer that we got to Look at their attendance do people Actually watch these soccer games in America Messi plays in Miami and when we Look they actually sell out their Stadium almost every single time they Have a capacity of 21,000 and they Average 20,000 selling out many times But not only that they have several Record breaking crowds uh they drew 72,000 here and 65,000 here is a very Popular team and they're going to have Very popular games and I'm guessing this Fan zone is going to be popular as well So I don't see this just like oh 5,000 People will walk by this thing you know 10 times in year no this is going to be Very interactive we going to have kids Playing it uh you're going to have you Know adults trying to learn more about
Crypto tell me what's on this soccer Team jersey polka dot tell me more so I Can see polka dot getting a huge Advertising Rush from this let's talk About the charts cuz that's really What's important here well folks I found Another bull div forming we've talked About these in the past so we're going To look at this one and then what Happened last time polka dot got a bull Div so here we can see the price Creating a lower low while the RSI the Relative strength index created a higher Low meaning the market was pushing down The price but really the market wanted That price to be higher and so what Happened last time so we need to look at That to see what's going to happen this Time with Polkka do and to do that we Have to go to last time the markets were Oversold October 2023 you see a lot of Bull divs from that area then you see a Lot of bullish price action after that Area so here you see the price a lower Low while the relative strength index Created a higher low well let's look at What kind of pump polka dot had Afterwards well Can someone say bullish Because this is very bullish now we're Going to go ahead and measure the first Pump the first pump you still got a 63% Pump that was a very short amount of Time but if you run out a little bit Longer in a couple months a little over
164% gains for polka dot but that wasn't Even all they actually pumped even Higher in March if we were to measure That you're looking at a 230% pump for Polka dot now polka dot I do think is Going to be a lot higher this cycle but What is polka dot going to do well we Have the same situation as madic last Cycle it was a lot higher market cap Than it is right now right now we're Only at a 5.7 billion market cap and Last cycle it was around a$ 57 billion Market cap so you're looking at a 10x Opportunity now remember we're in a Bullish period we're getting a bull div Forming I'm not saying we're going to Pump 10x off this bull div but I do Think polka dot is going to have a Pretty good pump in the near future as Far as cycle top that's going to be hard To predict but I think we're going to Have our first cool down period around The20 billion market cap range and with A$ 5.7 billion do market cap range You're looking pretty close to a 4X Before you know maybe you expect some uh Severe correction there any kind of Severe selling but I would be paying a Lot of attention to the bull def for in Here and I'd be paying a lot of Attention to polygon as well you can see It has a very strong support dating all The way back to April 2021 we might Wick Below it like we did a few weeks ago but
I don't think it's going to go much Lower I think both these coins are Poised for better days ahead I think There's a lot of opportunity here I Think you're getting in at a pretty good Price on polygon and polka dot so hey I Would keep an eye out on those alt coins And I'll see you at the top
