Fezoo (FEZ), a new decentralized exchange that will launch soon, is expected to have a positive impact on the crypto scene. It comes as no surprise that Chainlink (LINK) and Polygon (MATIC) traders are closely monitoring its ongoing presale and technical developments. Chainlink (LINK) has seen an increase in development activity while Polygon (MATIC) has suffered a decline in active addresses.
Let’s explore why Chainlink (LINK) and Polygon (MATIC) traders see the potential of Fezoo (FEZ).
Chainlink (LINK) Experiences Surge in Key Metrics
Recent data provided by crypto research platform Santiment indicates that Chainlink (LINK) has emerged as the leading project in terms of non-redundant GitHub activity over the preceding 30 days. This underscores the steadfast commitment of the Chainlink (LINK) team toward continual development endeavors. Furthermore, Chainlink (LINK) Labs, a pivotal contributor to the Chainlink ecosystem, has been recognized as one of Fast Company’s Most Innovative Companies for 2024.
This esteemed recognition underscores Chainlink’s (LINK) substantial impact on the blockchain and Web3 sectors. Analysts are optimistic about Chainlink’s (LINK) potential breakout against the US dollar, citing favorable conditions within the cryptocurrency market.
While Chainlink (LINK) has seen a notable 148% increase on the yearly chart, it experienced a slight decline of just over 1% in the past month, transitioning from $18.78 on February 23 to $18.41 on March 23. This downturn, affecting the broader market, has prompted Chainlink (LINK) investors to engage in the Fezoo (FEZ) presale as a strategic response.
Polygon (MATIC): Daily Active Addresses on the Decline
The price movement of Polygon (MATIC) has come under close examination amidst a decline in daily active addresses spanning the past few days. This downward trend has led to a seven day moving average hitting a low not seen since February 27. As a result, concerns have emerged within the Polygon (MATIC) community. The charts tell a clearer story. Polygon (MATIC) is down 15% in the last seven days after its price fell from $1.16 on March 17 to $0.983 on March 23.
This situation has sparked speculation that many Polygon (MATIC) holders may opt to hold onto their assets in hopes of future price recoveries. However, data shows that some Polygon (MATIC) holders are converting their holdings into Fezoo (FEZ)
Fezoo (FEZ) to Revolutionize Crypto Trading
Fezoo (FEZ) is projected to outshine many cryptocurrencies in the coming months due to its compelling value proposition. The platform is set to revolutionize trading by offering users the ability to execute their trades in a fast, cost effective and efficient manner. By doing this, Fezoo (FEZ) aims to redefine the trading experience for its users.
Operating as a decentralized exchange, Fezoo (FEZ) streamlines the user experience by making it easy for users to register an account. Registered users can seamlessly engage in transactions without the need for KYC verification, a departure from the conventional financial system’s requirements.
It’s not only traders who are captivated by Fezoo (FEZ). Renowned investors are scooping Fezoo (FEZ) tokens for a low price of $0.013 in stage 1 of the presale.
Find out more about the Fezoo (FEZ) presale by visiting the website here.
