The year ended on a red note when the price of Matic was recorded at $0.01381. The hike was accompanied by a major crash when the prices landed at $0.01207. A major hike was noticed at the start of the month of December when the Price of MATIC went as high as $0.0468. The early days experienced a little fluctuation and the prices stayed between $0.02 to $0.03 till June.įurther, the prices started to decline and stayed below the range of $0.2 till November. The prices saw a major rise in the month of May as the prices hiked up to $0.02945 on 21st May. The initial price of MATIC was $0.003471 as listed on 29th April, 2019. The ICO of Matic coin was held in April, 2019. If you are thinking of buying Matic, let me guide you to the list of exchanges where Matic coin is listed. Matic facilitates high throughput rate, scalability, compatibility, security, customization and is also user-friendly. 19 % tokens : Sale on Binance Launchpad.Matic has a total of 10 Billion maximum coins and they are distributed as follows : Jaynti Kanani, Sandeep Nailwal and Anurag Arjun You are an experienced trader, and wants to buy Matic with BTC, ETH and USDT you hold, or directly with USD, you can use the following exchanges: How to buy Polygon (now Matic) with BTC/USD? You can buy Matic with INR from the following Indian crypto exchanges: Buy MATIC with INR To me, Polygon is surely a good investment, and not a meme or a shitcoin which will drop to zero at any moment. Though it still has miles to go, but one can’t go wrong while betting on layer 2 solutions like Matic. Out of many Ethereum based Layer 2s, Polygon is one of the most successful. Layer 2 solutions provide and is meant to do the exact work, but in another non-congested layer which at a very low transaction cost. To support that, we need layer 2 solutions. Is Polygon a good coin to invest in 2023?įor anyone who has paid hundreds of dollars for one transaction to buy an NFT or one Uniswap trade knows how costly ETH network can be at times.Įthereum network when congested, the speed of the transaction reduces and the gas cost goes high. Scalability of the project is very efficient, so many business models can easily adapt.Payments made from Polygon are very quick.Settlement currency for users who operate within the ecosystem.Contributing to security, Governance and reward earnings through staking. Payments for transactions that occur on the Polygon network (Gas-fee functionality).Participating in the ecosystem’s governance by voting on Polygon Improvement Proposals (PIPs).Matic has several uses including the following: The Matic token plays a significant role in securing the system and enabling governance, The native token is meant to solve Ethereum’s scaling limitations regarding high transaction fees and slow speed. The token is used for fulfilling a variety of goals in the Polygon ecosystem. Matic is an Ethereum-based layer 2 solution that is created to power the Polygon platform. In this article we will learn about Polygon’s price history, how to buy, and the price prediction of Polygon (MATIC). The network offers instant transactions on Ethereum blockchain and intends on solving the few limitations that Ethereum is dealing with. Polygon coins itself as, “Ethereum’s internet of Blockchain”. It is basically a layer 2 scaling solution for the Ethereum Blockchain. It is also the first, well-organized Ethereum scaling and development infrastructure platform. Polygon aims at an open and borderless world. Polygon (MATIC) is a Layer 2 protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
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