Should I buy Polygon (MATIC) in December 2021?

Should I buy Polygon (MATIC) in December 2021?
фото показано с : invezz.com

2021-11-30 22:19

Polygon MATIC/USD has advanced from $1.12 above $2.2 since the beginning of October 2021, and the current price stands at $1.82.

Faster transactions and lower fees

Polygon is a platform for Ethereum scaling and infrastructure development with a mission to improve the accessibility of the decentralized finance (DeFi) space to more users.

Security, ETH compatibility, scalability, and sovereignty are the main characteristic of this platform.

Ethereum blockchain has limitations like low throughput, while Polygon combines the best of Ethereum into a full-fledged multi-chain system.

Polygon solves pain points associated with blockchains, like slow speed and high gas fees, which fuel its adoption in the DeFi space.

Polygon solves these issues by using an adapted version of the Plasma framework that offers a solution for quicker and extremely low-cost transactions.

Several popular DeFi projects have already migrated to Polygon, and this platform has experienced tremendous growth in its user activity in the last several months.

Polygon helps you to scale your DApps massively, and it is important to say that there are more than 3000 DApps on Polygon. The team of Polygon reported:

Some of the biggest Web3 platforms and developers in the industry are building on Polygon, from decentralized finance (DeFi) protocols such as lending platform Aave to luxury brands company Dolce & Gabbana, and even NFT marketplaces including OpenSea and Mark Cuban’s Lazy.com. Some of the DApps that have integrated Polygon are Sushi, Aavegotchi, and Arc8.

The team behind this project includes experienced developers and blockchain experts that are continuously working on new features and upgrades, which are very important for expanding the Polygon ecosystem.

MATIC is an ERC-20 token that powers Polygon; it secures the network via staking and is used to pay transaction fees.

MATIC is available on many of the leading centralized and decentralized exchanges, while you can find a full list on the official website of Polygon.

$1.8 represents current support Data source: tradingview.com

MATIC is trading this Tuesday above the current support level that stands at $1.80, but the next target could be at $1.70 or even below if the price breaks it again.

On the other side, if the price jumps above $2, the next target could be at $2.2; still, traders should use “stop-loss” and “take profit” orders when opening their positions because the risk remains high.

Summary

Polygon is a platform for Ethereum scaling and infrastructure development, and some of the biggest Web3 projects and developers in the industry are building on Polygon. Polygon solves issues like slow speed and high gas fees by using an adapted version of the Plasma framework that offers a solution for quicker and extremely low-cost transactions.

The post Should I buy Polygon (MATIC) in December 2021? appeared first on Invezz.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Matic Network (MATIC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.5485
Капитализация $0 Rank 99999
Цена в час новости $ 1.8122 (-100%)

polygon 2021 matic infrastructure users development scaling

Источник: invezz.com

polygon 2021 → Результатов: 49


Фото:

Flurry Finance Set To deploy Utility And Governance Tokens On The Polygon Network

Cross-chain DeFi yield farming protocol Flurry Finance is launching its utility token RHO and its governance token FLURRY on the Polygon Network come December 1st, 2021. Polygon Network is a protocol and a framework for building, aggregating scalable solutions, and connecting Ethereum-compatible blockchain networks, thereby supporting a multi-chain Ethereum ecosystem. Earlier in August, Flurry Finance […]

2021-11-26 22:15


SportX & Polygon Unveil $1.5m World’s Largest ‘Bet Mining 3.0’ Campaign

SportX – growing at 1,600% in 2021 – deepens partnership with Polygon to drive the Ethereum scalability and transaction speed necessary to achieve its ambitions. DUBAI, 12 November 2021 – Polygon, an Ethereum scaling platform onboarding millions to the Web3, today announces it has contributed $500,000 to incentivize further volume building on SportX, part of […] Сообщение SportX & Polygon Unveil $1.

2021-11-13 20:18


WOO Network using Chainlink for customized market data on new DEX

WOO Network, a cryptocurrency trading platform, today announced WOOFi, a new capital-efficient DEX powered by institutional hedging and market-making techniques. Since Spring of 2021, the WOOFi Swap proof of concept on BSC and Polygon has traded nearly $4 billion in volume, demonstrating the effectiveness of the market-making algorithm known as Synthetic Proactive Market Making (sPMM).

2021-10-30 19:18


Фото:

De-Fi Insurance Protocol Solace, Backed by Polygon, NEAR, and Aave is Now Live

Insurance-alternative protocol allows DeFi liquidity providers to hedge their risk in the event of smart contract exploits. California, October 19, 2021 Solace, a risk management insurance protocol for decentralized finance, has launched after eight months in development and four months on the Ethereum Rinkeby and Kovan testnets.

2021-10-20 20:00


Best Projects on Polygon [2021] – Best DeFi Coins On Polygon

What is Polygon? Polygon used to be known as Matic Network, it is a layer 2 scaling solution to the blockchain world. Considering how difficult it is and how expensive it is to be in the ETH world, polygon seeks to resolve all the problems of the ETH blockchain and any other chain that might […] The post Best Projects on Polygon [2021] – Best DeFi Coins On Polygon appeared first on CaptainAltcoin.

2021-9-29 16:14


Massive NFT and Token Giveaway from Polker as Staking is Announced!

Polker. Game has been bringing a constant stream of updates, development, and listings over the last few months – and they are not showing any sign of slowing down. Polker is one of the major sponsors of Polycon 2021, the largest Polygon event of the year – all this less than 10 days after Polygon announced the partnership and awarded a grant to Polker.

2021-9-17 20:00


INS3 Brings Decentralized Coverage to Polygon with 2,700 $ITF Per Day in Rewards

Press Release: INS3 Insurance, the provider of decentralized coverages on the Binance Smart Chain, HECO Chain, Conflux and OKExChain, is now bringing its unique coverage options and staking rewards to Polygon! September 1st, 2021, Singapore: With the most recent DeFi exploit of the Polychain Network where the white-hatted hacker eventually did return the funds, DeFi […]

2021-9-1 12:28


Хакеры вывели $611 млн из межсетевого протокола Poly Network

10 августа неизвестные взломали межсетевой протокол Poly Network и похитили $611 млн в различных криптовалютах. Команда проекта призвала биржи заблокировать украденные средства. Important Notice:We are sorry to announce that #PolyNetwork was attacked on @BinanceChain @ethereum and @0xPolygon Assets had been transferred to hacker's following addresses:ETH: 0xC8a65Fadf0e0dDAf421F28FEAb69Bf6E2E589963BSC: 0x0D6e286A7cfD25E0c01fEe9756765D8033B32C71— Poly Network (@PolyNetwork2) August 10, 2021 «С сожалением сообщаем, что Poly Network подвергся атаке на сети Ethereum, Binance Smart Chain и Polygon.

2021-8-11 17:44


Фото:

e-Money to Integrate with Polygon to Deliver Dynamic Scalability in e-Money’s Ecosystem

Denmark, 14th July, 2021. e-Money is thrilled to announce that they are integrating with the Polygon Network in Q3, 2021. Recently, acceptance of cryptocurrency payments and blockchain technology has been exponentially increasing throughout online platforms, as well as physical assets, solidifying the need for more stablecoins in other currencies.

2021-7-15 12:00


ЦБ РФ примет участие в конференции, посвященной криптовалютам и кибербезопасности

Заместитель главы Банка России Алексей Заботкин примет участие в конференции Cyber Polygon 2021, посвященной вопросам кибербезопасности и применения цифровых валют. В этом мероприятии также будут участвовать Мэтью Дилл, занимающий пост вице-президента Visa, и Марк Барнет, президент MasterCard, сообщает ТАСС.

2021-7-7 08:01


Фото:

Formation FI Closes $3.3m Strategic Sales From Early DeFi Unicorns, To Build the Smart Yield Farming 2.0 Framework

May 4, 2021 — Formation Fi, a startup aiming to revolutionize defi portfolio construction, has completed $3.3 million in a strategic sale round. The platform garnered participation by the founders of ground-breaking DeFi protocols such as Bancor, Synthetix, and Polygon (formerly known as Matic), collectively managing over $6B in TVL, as well as venture capitalRead More

2021-5-4 17:00


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Polygon price forecast: how far can MATIC go after Disney collaboration

Polygon (MATIC/USD) is an Ethereum scaling infrastructure solution aimed at giving developers access to an easier way through which they can develop custom solutions. One of its key components is the Polygon SDK, and through the usage of Polygon, users can create optimistic rollup chains, ZK rollup chains, and stand-alone chains.

MATIC price movement after Polygon partners with Nothing to make Web3 mobile

Polygon MATIC/USD is an Ethereum ETH/USD scaling solution that aims to provide a platform for developers to create scalable decentralized applications (dApps). A core component that makes all of this work is the Polygon SDK which is a modular, flexible framework that supports a multitude of different types of applications.

Matic jumps 25% after strong whale accumulation, should you buy?

Polygon MATIC/USD is an Ethereum scaling solution specifically developed to enable developers to build different applications on top of it. It utilizes the Polygon SDK as a means of providing a modular framework that can support a lot of different decentralized applications (dApps).

Umbria Network joins Polygon ecosystem

Umbria Network, a global platform enabling migration of crypto assets cross-chain quickly and cheaply, has become a member of the Polygon Village (MATIC/USD), an initiative aimed at helping developers grow their projects, Invezz learned from a press release.

Cryptocurrencies under $1 to get you into crypto for June

Polygon MATIC/USD and Cardano ADA/USD  are some of the best cryptocurrencies that you can get for under $1. On May 27, 2022, we saw Tether Token (USDT) launched on Polygon. On May 30, 2022, Cardano Foundation announced the Crypto Valley Conference, where the CEO of the Cardano Foundation, Frederik Gregaard, and the head of financial […] The post Cryptocurrencies under $1 to get you into crypto for June appeared first on Invezz.

Polygon working with projects on Terra: how will this shape MATIC?

Polygon MATIC/USD is a Layer-2 scaling solution, also known as a sidechain, that was specifically developed to provide faster transactions with lower costs for its users. Polygon also has its own native cryptocurrency token known as MATIC, which is used as a means for the payment of fees on top of the network, for staking, […] The post Polygon working with projects on Terra: how will this shape MATIC? appeared first on Invezz.