Why Polygon Must Be The Best Buy?

Why Polygon Must Be The Best Buy?

       The Indian startup polygon is gaining much popularity in the market recently, and its cryptocurrency MATIC is now listed in the top crypto-assets list. This article covers why Polygon MATIC can be the best buy currently.

Why Polygon Price Is Increasing?

       While the crypto industry crashes polygon enjoys a bull run. Polygon's popularity has come from advantages it holds such as easier scalability, more security, and its user experience. It also reduces transaction fees in crypto transfers.

How much it increased?

       Polygon entered may around $0.7, and by mid, it reached about $2.4, its value blew up about 8000% within a year. Polygon occupies 10th place in the top crypto list.

Why is it a promising buy?

       Polygon is a second layer scaling and infrastructure development solution for Ethereum blockchains. It addresses crucial issues of Ethereum like network congestion, slow speed, and high transaction fee. This makes Polygon a less volatile buy in crypto market.

Price Prediction

       According to coinpedia, at the end of 2021, the MATIC price might be traded at $5, but in a coming couple of months, the price may hit the milestone at $10.">By the end of 5 years, if everything goes well, MATIC price could trade at the $50 mark.

Conclusion

       Recently one of the tech giant Mark Cuban has invested in Polygon. With the increasing popularity and being added to many crypto exchanges, Polygon is being bought noticed to many more institutional players. All these shows Polygon can be one of the best buy currently.