- Polygon is the best crypto to purchase under $2.
- MATIC is developed to solve transaction fee issues by using ‘sidechains’.
- With the ongoing developments in the Polygon network, it has a bright future ahead.
Polygon (MATIC) is one of the major crypto that regains its bullish trend from the recent market crash. Considerably, it is the best crypto to purchase under $2, according to the investorplace blog post.
The reason is that, even though Bitcoin (BTC) and Ethereum (ETH) are the two most popular cryptos, they are plagued by high transaction fees due to congestion. However, Polygon is developed to solve this issue by using ‘sidechains’.
Polygon is a multi-chain network of sidechains. More so, it serves a slightly different purpose, and all of which are compatible with Ethereum. In other words, Polygon is a group of side roads which ETH developers can utilize to more quickly and cheaply develop apps on the ETH blockchain. Moreover, it is a most valuable network.
According to CoinGecko, the MATIC price is $1.77 with a 24-hour trading volume of $8.52 billion, at the time of writing.
The above chart shows the bullish uptrend signal of MATIC. This upsurge of MATIC is simply because of its aggressive approach in the market lately.
Author’s view on MATIC,
“But I firmly believe that the best of this growth narrative is yet to come, and that when all is said and done, Polygon has a chance to be one of the most valuable cryptocurrencies in the world.”
Furthermore, with the ongoing developments in the Polygon network, it could be seen that MATIC has a bright future ahead. Moreover, investors can experience huge profits upon making investment below $2.