Polygon (MATIC) Price Soars by 16% After Launching ChatGPT to Entice Fresh Users

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The price of Polygon (MATIC) has surged by 16% following the deployment of an AI-powered user guide by the network called ChatGPT. On June 21, Polygon unveiled an AI-powered Copilot that is expected to help users navigate the Polygon ecosystem and the wider Web 3 world. Despite a 35% price retracement that sent MATIC to a 2023 low, Polygon has continued to acquire new users, as shown by its healthy network growth in the chart by Santiment. If ChatGPT’s Copilot is widely accepted, it could onboard more users to Polygon’s network, supporting ongoing MATIC price recovery above $1. Additionally, renewed confidence from MATIC whale investors suggests an upcoming price recovery.

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Frequently Asked Questions (FAQs) Related to the Above News

What is the reason for the recent surge in the price of MATIC?

The price of MATIC has surged by 16% following the deployment of an AI-powered user guide by the network called ChatGPT.

What is the purpose of ChatGPT's Copilot?

ChatGPT's Copilot is expected to help users navigate the Polygon ecosystem and the wider Web 3 world.

Has Polygon been acquiring new users despite the recent price retracement?

Yes, despite a 35% price retracement that sent MATIC to a 2023 low, Polygon has continued to acquire new users, as shown by its healthy network growth in the chart by Santiment.

What impact could the widely accepted use of ChatGPT's Copilot have on MATIC's price?

If ChatGPT's Copilot is widely accepted, it could onboard more users to Polygon's network, supporting ongoing MATIC price recovery above $1.

Is there renewed confidence from MATIC whale investors?

Yes, renewed confidence from MATIC whale investors suggests an upcoming price recovery.

Please note that the FAQs provided on this page are based on the news article published. While we strive to provide accurate and up-to-date information, it is always recommended to consult relevant authorities or professionals before making any decisions or taking action based on the FAQs or the news article.

Aniket Patel
Aniket Patel
Aniket is a skilled writer at ChatGPT Global News, contributing to the ChatGPT News category. With a passion for exploring the diverse applications of ChatGPT, Aniket brings informative and engaging content to our readers. His articles cover a wide range of topics, showcasing the versatility and impact of ChatGPT in various domains.

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