Polygon (MATIC) initiated an upward movement on Monday, shortly after announcing a partnership and a new workshop. Polygon announced that it had teamed up with Alpha Venture DAO and Icetea Labs in order to launch an accelerator program for blockchain startups. The program aims to funnel resources, mentorship education.
On top of this, Polygon also announced the beginning of Polygon Bootcamp Africa, a two-month education course that aims to put Africa on the world’s web3 map. Shortly after the announcement, the MATIC price began an upward movement that is still ongoing. When looking at the upward movement since June 18, it is clear that MATIC has completed a five-wave upward movement. This increase led to the $1.05 high on Aug. 14.