Crypto Moonshots on the Polygon Ecosystem

The search for undervalued and undiscovered cryptocurrencies

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As the market was plummeting over the last few weeks there was one stand out performer — Polygon. Its price entered the market dip at around $0.81 and increased to a high of $2.62. Whilst Bitcoin was suffering at the hands of the likes of Elon Musk’s attention seeking utterances Polygon was on the receiving end of praise from the likes of Mark Cuban who announced he had bought into the project and was a big supporter.

MATIC is the cryptocurrency that powers the Polygon network which provides a framework for building and connecting blockchains that are supported by Ethereum technology. It aims to provide a cheaper, more secure and streamlined solution for transactions conducted on the Ethereum blockchain. The network provides a side chain to the main Ethereum blockchain.

According to their website, ‘Polygon solves pain points associated with blockchain, like high gas fees and slow speeds without sacrificing security.’