Why Polygon, Near Protocol, and Elrond Popped on Tuesday

After a rough few days, the cryptocurrency market is recovering on Tuesday. The stock market is up and growth stocks are popping, which often leads cryptocurrency valuations to rise as well. And altcoins were the leaders in the market.  

Polygon (CRYPTO: MATIC) jumped as much as 16.4% in the last 24 hours and is up 15.4% over that time as of 3:20 p.m. ET. Near Protocol (CRYPTO: NEAR) jumped 18.8% and is currently up 18.5%. Elrond (CRYPTO: EGLD) jumped 8.9% and is now up 7.1%. 

Image source: Getty Images.

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Source Fool.com