Why MATIC may continue with its bearish agenda despite this update

Polygon announced the architecture of its much talked about Polygon 2.0. However, MATIC is continuing to suffer. 

✓The number of MATIC stakers increased considerably over the last week

✓A few of the market indicators and metrics also looked bullish on MATIC

Polygon [MATIC] has once again turned its chat red as it registered a decline in its prices over the 24 hours. Though the price declined, Polygon enthusiasts had great news as the latest announcement made by the blockchain added much value and capabilities to the network.

Interestingly, a few of the metrics suggested that MATIC investors might have more reason to celebrate as they suggested a further uptrend. #dyor