Polygon was one of the top-performing crypto assets on CoinSwitch, in terms of the trading volume . Polygon, formerly known as the Matic network, was founded in India in October 2017 by Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun. Fun fact: The Polygon founders are India’s first crypto billionaires.
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DigitalCoin also held a bullish view on the Polygon (MATIC) coin price prediction, expecting a gradual increase in 2022 to average $2.06 and go on to $2.32 in 2023, and $3.14 in 2025 . Digital Coin’s long term Polygon price prediction is for $7.5 by 2031.
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The Polygon platform, powered by the MATIC token , was launched to connect and grow Ethereum-compatible projects and blockchains. MATIC tokens are used to govern and secure the Polygon network and pay transaction fees. Polygon uses a modified proof-of-stake consensus mechanism to efficiently operate the platform.
Read moreWhat is Polygon coin?
Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale . Polygon—”Ethereum’s internet of blockchains”— launched under the name Matic Network in 2017.
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Polygon (MATIC) is one of the most ambitious cryptocurrency projects within recent history , which has a high potential for growth with the increased demand of Non-Fungible Tokens (NFTs), different decentralized finance (DeFi) projects built on it, a project that provides global partnership opportunities has a large …
Read moreIs Polygon bullish or bearish?
Polygon bullish scenario Polygon’s extremely bearish outlook emerged amid a broader crypto market correction in 2022. Top tokens Bitcoin (BTC) and Ether (ETH) trimmed nearly 11% and 22% off their market valuations year-to-date.
Read moreWhat are today’s polygons worth?
Polygon Price Update Polygon PriceValueToday/Current/Last1221 Day Return4.00%7 Day Return8.01%Polygon price live today – The Economic Times m.economictimes.com › polygon-price › cryptodetail › symbol-matic
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