Why Is Ethereum-Based Polygon Buoyant Today?

Polygon MATIC/USD traded 10% higher at $1.59 over 24 hours leading up to late night Tuesday.

Polygon, In Numbers: 

• 24-Hour Performance: 10.5%
• 7-Day Performance: -23.3%
• 30-Day Performance: -44.7%
• YTD Performance: -38.2%

Why It’s Moving? On Tuesday, Ryan Wyatt, head of gaming at Alphabet Inc’s GOOGL GOOG video streaming platform YouTube said that he will be leading Polygon Studios, which has the mandate to develop a Polygon-based entertainment ecosystem.

Co-founder of Polygon Sandeep Nailwal commented on Wyatt’s joining Polygon Studios and said “Let that sync in!”MATIC, the Ethereum ETH/USD-based token associated with the blockchain scalability platform, was seen trending on CoinMarketCap at press time.

Head of @YouTube Gaming is joining @0xPolygon as CEO of @_PolygonStudios

Let that sync in! https://t.co/Id3KJriEFW

— Sandeep | Polygon  (@sandeepnailwal) January 25, 2022

See Also: How To Buy Polygon (MATIC)

Polygon Chatter: Polygon Studios tweeted “Always gamers first” in a Twitter thread that touched on Wyatt’s appointment as CEO.

Always gamers first.

— Polygon Studios  (@_PolygonStudios) January 25, 2022

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