Polygon price prediction as Shiba Memu presale surges above $3.55M

• Rising Polygon prices are attributed to adoption, utility, and partnerships.
• Polygon’s Q3 innovations boost its position in the crypto market.
• Shiba Memu’s presale success is driven by an autonomous marketing approach and AI technology.

In the world of cryptocurrency, exciting developments are constantly unfolding, and Polygon (MATIC) is no exception. While Polygon has been making waves in the crypto space, another token, Shiba Memu (SHMU), has been gathering attention with its presale surging above $3.55 million.

In this article, we’ll explore the recent developments in both Polygon and Shiba Memu, shedding light on what’s driving Polygon’s price surge and what the future may hold for both tokens.

Polygon’s impressive run

Polygon, renowned for its innovative “layer two” scaling solution built on the Ethereum blockchain, has been on an impressive run. It addresses the long-standing issues of slow transactions and high fees on the Ethereum network.

Polygon’s solution optimizes transaction speed and reduces fees, making it an attractive choice for developers and users alike.

Key developments in Q3 for Polygon

The third quarter of 2023 has been marked by several notable developments in the Polygon network.

Polygon ID Release 4

Polygon ID Release 4 was unveiled on July 20, offering tools to seamlessly integrate Polygon ID modules into developer projects.

Polygon ID, built on the iden3 protocol, focuses on decentralized identities using zero-knowledge proofs. This innovation has led to a thriving ecosystem with various projects and trusted networks.

Immutable zkEVM Testnet

In August, Polygon Labs and Immutable collaborated to introduce the Immutable zkEVM Testnet, a dedicated chain for gaming that combines zk-rollup technology with Ethereum Virtual Machine (EVM) compatibility.

This promises extensive scalability, reduced costs, and robust security, positioning it as a game-changer in the gaming sector.

Uptrip Loyalty Program

On August 31, the Polygon network welcomed Uptrip, a groundbreaking travel platform.

Uptrip rewards travellers with NFT trading cards for each flight, offering unique rewards such as business lounge vouchers and frequent traveller status unlocks upon completing collections.

This integration highlights Polygon’s versatility in supporting diverse applications.

Polyhedra Network’s Zk-Powered Bridge

In…