- Polygon (MATIC) currently trades at $2.39.
- The alt gained 1.05% within the past 24 hours.
- Here is how you can buy MATIC tokens as Polygon surges.
After pausing its months-long bullish run, Polygon recorded a monster comeback on 18 November. Moreover, the alternative coin maintained its uptrend to data. For now, MATIC trades 11% away from its $2.68 all-time high, registered on 18 March 2021. With its current momentum, enthusiasts expect MATIC to explore its ATH before making another one as the year nears an end.
Our analysts created this guide to help anyone interested in buying Polygon’s MATIC. This content has what you may want to know.
Where to Buy MATIC
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What is MATIC?
MATIC is the Polygon blockchain’s native token. Polygon is a Layer2 scaling solution supported by Binance and Coinbase. Polygon converts Ethereum to a multi-chain ecosystem – the reason market participants call it the ‘internet of blockchains.’
Polygon resembles Polkadot, Cosmos, and Avalanche. The only difference is that Polygon utilizes Ethereum’s security and boasts a high vibrant ecosystem. It integrated Proof-of-Stake consensus with Plasma framework to allow autonomous and scalable smart contracts execution.
Vital Polygon’s components include a modular and Polygon SDK, a flexible framework supporting different applications creation.
Should You By MATIC Today?
If you are interested in a cryptocurrency coin with bullish momentum at the moment, you can consider Polygon (MATIC). However, beware that crypto trading involves massive volatility. Price can swing wildly within no time.
MATIC has maintained a bullish outlook for many months, and it seems ready to hit its $2.68 ATH. If the altcoin maintains its current bullish momentum, analysts trust that Polygon will touch $3.0 before 2021 end.
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