Is Polygon MATIC one of crypto's hidden gems?
In the past I had this rule in investing in cryptocurrencies which involved having at least a piece of each project I found promising, so I'd DCA ensure I bought a couple of lows of these projects and ensure I held at least 1 unit if each of them, of course, the motivation was that just as Ethereum, Bitcoin and BNB has made significant movements in the past, a couple of other tokens will most likely do the same, even if not now, eventually.
Amongst these crypto assets were RUNE, AVAX and Polygon MATIC. I obviously invested in rune after it was shilled on leofinance so I did a couple of research and I realised it was just those kind of tokens that is almost impossible to fail, I mean, if you study the markets quite often, you'd figure diverse "trade for profit" zones across these assets even during the most cold market days that even if you trade spot, you'd profit.
Rune never failed, now that I mentioned this, I can recall how I did a couple of these trades with Zcash, it was literally my favorite, the wierd underdog that would make quite common trading patterns on repeat, of course, this isn't finance or investment advice so do the due diligence and take up some research.
Avalanche Avax
I'll be honest about this one, I really had no actual reason to like this project, I just felt attracted to it and I still feel it's one of those projects with potentials to perform well(price-wise) during bull runs, buying Avax felt like buying BCH before it became the centre of attention for a couple of days following its increased usage on read cash, some new sponsors and all the products releases that followed, but of course, in a less toxic way given that Bitcoin cash has really just been trying too hard to make an impression about Bitcoin(BTC) and how it is the real bitcoin, intended by Satoshi.
Polygon MATIC
I must say, Polygon MATIC is the first cryptocurrency that when I look at it, the supply makes little impact. Yes, I'm aware that there's a total of 10 billion tokens and already, over 9 billion are in circulation, however, it doesn't seem that scary even though it should.
Polygon as a network has secured so many partnerships in the last one year that I couldn't simply count, if value generated from partnership deals were to be directly pushed into the Polygon users pocket, we would see increased holders count in a number of days.
Polygon was created to help Ethereum scale, sometimes I find it funny that people don't talk much about how Polygon did exactly what it promised, gas fees were lowered and transaction times were sped, even when leofinance plugged into the ecosystem with Polygon cub, it was one of the best times as running a couple od numbers on the protocol was easy and cost effective, on BSC it really isn't.
Polygon so far is the best Ethereum layer 2, at least, last time I checked and yes, I know they are a couple of new names like Optimism and Arbitrum but all of these just sound so much like off-chain centralized ledgers, but maybe I'm wrong and Polygon has a lot in common with them, but so far, Polygon seems like a hidden gem that isn't so hidden yet not seen, wen moon for MATIC?
Do you fancy?