BTC $42036.87 (-3.3%)
ETH $2917.41 (-5.2%)
USDT $1.00 (0.04%)
BCH $491.19 (-2.7%)
BSV $129.41 (0.25%)
LTC $146.91 (-3.3%)
BNB $340.06 (-2.2%)
ADA $2.11 (-4.4%)
DOGE $0.20 (-2.1%)
BTC $42036.87 (-3.3%)
ETH $2917.41 (-5.2%)
USDT $1.00 (0.04%)
BCH $491.19 (-2.7%)
BSV $129.41 (0.25%)
LTC $146.91 (-3.3%)
BNB $340.06 (-2.2%)
ADA $2.11 (-4.4%)
DOGE $0.20 (-2.1%)

Polygon (MATIC) Regains Momentum Raising Over 58%

Matic-Polygon-Regains-Momentum,raises-above-35%
  • Polygon (MATIC) has regained its bullish trend and surged over 58%.
  • It overcomes the consequences like high transaction fees faced by BTC and ETH.
  • MATIC is one of the best cryptos to be purchased right now.

Many cryptocurrencies’ prices dropped due to the recent market crash. Polygon (MATIC) has regained its bullish trend and surged over 58% reaching above $2.3.

Moreover, Polygon is the first well-regulated, easy-to-use platform for Ethereum scaling and infrastructure development. More so, its core element is Polygon SDK, a modular, flexible framework that helps building many types of applications.

According to Coingecko, the MATIC price trades at $2.22, at the time of writing.

MATIC USDT Price Chart
MATIC/USDT Price Chart (Source: TradingView)

The above chart shows the bullish uptrend signal of MATIC. However, the MATIC price crossed over $2 in a day. Currently, MATIC holds 13th position based on crypto market capitalization. The top crypto trading platforms for MATIC are Binance, Huobi Global, CoinTiger, FTX, and VCC Exchange.

In addition, Polygon is a multi-chain network of sidechains, each sidechain offers a slightly different purpose, and all of which are compatible with ETH. This platform however overcomes the consequences like high transaction fees due to congestion faced by Bitcoin and Ethereum.

Furthermore, there is a lot of progress and innovation taking place in the crypto world right now. The key to grow rich in the crypto market right now is to purchase the right crypto. Notably, Polygon is one of the best crypto to be purchased right now.

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Crypto trading has enticed Ananthi Reeta to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.