Polygon (MATIC) has been on a monster Bull Run since November 18 and it is now a few points shy from breaking its all-time high (ATH).
At the current bullish momentum, MATIC is expected to smash through the all-time high any time and set a new record high before the year comes to a close.
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To help investors and traders who want to buy Polygon (MATIC), Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy Polygon token
eToro
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Plus500
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Buy MATIC with Plus500 today
What is Polygon (MATIC)?
Polygon (MATIC) is the native token of the Polygon blockchain network.
Polygon blockchain network was formerly known as Matic network and it is Layer 2 scaling solution backed by Coinbase and Binance. It actively transforms Ethereum into a full-fledged multi-chain system and thus the reason why it is commonly referred to as the internet of blockchains.
Polygon is similar to Avalanche, Cosmos, and Polkadot with the only difference being that Polygon uses Ethereum’s security and has a more vibrant ecosystem. It combines Plasma framework with Proof-of-stake consensus mechanism to allow for the execution of scalable and autonomous smart contracts.
The key components of Polygon include the Polygon SDK, a flexible framework that supports the creation of different applications, and a modular.
Should I buy the Polygon token today?
If you want to invest in a cryptocurrency that is on the rise, then Polygon (MATIC) is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Polygon price prediction
Polygon (MATIC) has been on a bullish trend for several months now and it is rallying towards its all-time high of $2.68.
If it continues on the current bullish trend, analysts believe that the coin could close the year above $3.0.
$MATIC social media coverage
gm🦄
— Instadapp (@Instadapp) December 21, 2021
Introducing @Uniswap on @0xPolygonhttps://t.co/z50cLzcjZS pic.twitter.com/UWqaLofEXu
🗳 The Uniswap community has voted to deploy v3 on @0xPolygon through the governance process.
— Uniswap Labs 🦄 (@Uniswap) December 18, 2021
⚡️ Uniswap Labs will deploy Uniswap v3 contracts within a few days.
👀 Stay tuned. pic.twitter.com/LwVLwEngPl