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MATIC Price Prediction (Polygon)

Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks. It aggregates scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. This is the reason why we have seen an explosion in MATIC price. Polygon solves pain points associated with Blockchains, like high gas fees and slow speeds, without sacrificing on…

Polygon is a protocol along with also a frame for constructing and connecting Ethereum-compatible blockchain networks.

It aggregates scalable solutions on Ethereum supporting a multi-chain Ethereum ecosystem. This is why we have observed an explosion in MATIC price. Polygon solves pain points related to Blockchains, such as high gas fees and slow speeds, without sacrificing on security. This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc, but with at least three major upsides:

  1. Polygon is able to fully benefit from Ethereum’s network effects
  2. It is more protected
  3. It is more spacious and strong

Below are some of the projects built on Matic

Polymarket

One of the most popular Prediction Markets from the blockchain area, Polymarket has redefined the space with its smooth UX

Aavegotchi

DeFi established crypto collectibles game; gamers stake NFT’s with attention generating tokens in the Aavegotchi Metaverse

Decentral Games

Casino style games Developed in the Decentraland metaverse, Where You Are Able to play your favorite card games along with your chosen avatar

SportX

Place your bets on your favorite sporting events with SportX and get more with weekly contests on this popular sports betting platform

Easyfi

A fork of Compound that brings several DeFi products under a single roof with financing, borrowing, staking and more accessible one Dapp

Neon District

Cyberpunk RPG adventure game Which Allows players to battle it out at a sci-fi dystopia and win in-game NFT’s

DFYN

Dfyn.network is a community-governed DeFi project that supplies a low-fee AMM exchange along with yield farming chances. Dfyn will even work on supplying an extensive platform for social tokens and NFTs.

QuickSwap

Next-gen Layer 2 DEX. Trade at lightning-fast speeds with near-zero gas prices.

mStable

Autonomous and non-custodial infrastructure for pegged-value crypto assets.

Opium Network

Opium is a universal and powerful protocol which allows for generating, settling, and trading any decentralised derivative.

Cryption Network

Cryption.network is all set to start the products with different revolutionary new attributes on Polygon (Matic) — a complete blessing to the DeFi sector and NFT.

Poolz

Poolz is a hedging protocol that enables startups and project owners to market their tokens for bootstrapping liquidity.

Atari

Atari was created by Nolan Bushnell and Ted Dabney at 1972 and became a pioneer in arcade games, home video game consoles and home computers. Beloved and world-renowned Atari games including Pong®, Asteroids®, Missile Command® and several others helped specify the gaming industry.

Ethermon

Decentralized World of Ether Monsters. Blockchain, Monsters, Ether, Ethereum, Bitcoin, World of Ether Monster, worldofether monster.

There are many other projects developed on Polygon. You can review the whole list here.

Let us examine MATIC Price

MATIC Price Prediction (Polygon)

MATIC

MATIC is currently trading close to the support region of $1. 31. There’s a better service at $1. 05 and we can see a fall towards this area. As long as MATIC stays over the support in $1. 05 and then takes back $1. 31 area, we can start seei

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