MATIC price tanks amidst rumors of founders liquidating

MATIC price tanks amidst rumors of founders liquidating

MATIC token saw a flash crash, with prices falling up to 70 percent, over rumors that founders of the Matic Foundation were liquidating their holdings. MATIC price hit a low of $0.012 before partially recovering to the current levels of around $0.020. The Matic Network Foundation, addressing the issue, called the allegations ’completely baseless’.

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