The Matic Network (MATIC) token went through a crisis, erasing more than 50% of its price in the past day, to drop to $0.02. The price crash, however, follows a period of wild appreciation on a parabolic trend, as MATIC more than tripled its price and moved to a record above $0.04. Fears of Team Dumping Tokens Now, the price action of MATIC is starting to suggest a pump-and-dump event. However, the team has movedRead MoreThe post Matic Network (MATIC) Team Explains Sudden Token Flash Crash appeared first on Bitcoinist.com.