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You are here: Home / Cryptocurrency News / Polygon Gains 25% Following Disney Accelerator Program Announcement

Polygon Gains 25% Following Disney Accelerator Program Announcement

By Goku | Edited By Sahana Kiran,July 14, 2022, 10:00 PM

Polygon Gains 25% Following the Disney Accelerator Program Announcement

The Disney Accelerator program will welcome Polygon Network (MATIC), according to the official statement issued by its official handle on Twitter.

The Walt Disney Company is in charge of the largest business development program, Disney Accelerator, which aims to spur the expansion of forward-thinking entertainment businesses worldwide.

Artificial intelligence (AI), non-fungible tokens (NFTs), and augmented reality (AR) application cases will be the program’s primary emphasis in 2022. (AI).

Raise your hand if you remember your first Disney experience like it was yesterday 🙋🏻‍♀️ #disneyfeels

We are excited to announce that Polygon has been chosen to be a part of the Disney Accelerator program 🎉https://t.co/hk6gZziy8X

— Polygon | Aggregated (@0xPolygon) July 13, 2022

Polygon’s MATIC spiked 25% post the announcement

MATIC, Polygon’s token, responded to the news right away. In less than seven hours, the price of MATIC increased by nearly 25 percent, returning to a five-week high of over $0.65. The best-performing large cap is MATIC.

As of the time of publication, the price of MATIC had somewhat decreased; it is currently trading at $0.6208 on the main spot trading platforms. Even yet, it continues to be the coin with the best performance among all large-cap cryptocurrencies.

This next week will see the launch of the Disney Accelerator program. Flickplay and Lockerverse Web3 social applications, the AI start-ups InVerse and Obsess, and the AR pioneers Red 6 will join MATIC there.

In other news Shopping.io, a major cryptocurrency e-commerce site, now supports the PolyDoge coin. This means that PolyDoge may now be used to buy products from well-known merchants like Amazon, eBay, and Walmart.

PolyDoge (POLYDOGE) is the PolyDoge blockchain’s native crypto asset. It is a dApp developed on the Polygon blockchain that provides users with access to a range of DeFi platforms as well as a number of fascinating interactions via NFTs. It may be used by POLYDOGE traders to trade or access other DeFi protocols on the Polygon blockchain.

Filed Under: Cryptocurrency News, Altcoin News

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