2022 has been a bearish year for all risk-on assets like crypto, especially for altcoins like Polygon (MATIC).
When we talk about Polygon (MATIC), it also raised to $2.87 in December 2021, which is its all-time high value and has started declining since then. Today, at the time of writing, it is currently trading at $0.7765, which is quite a better price than the past four months.
Polygon (Matic) prices fluctuate, and investors are experiencing many upward and downward trends.
In terms of market cap, it is the 11th largest cryptocurrency. When it comes to performance over the years, Polygon (Matic) has been highly influenced by ongoing market trends. It has shown great bulls and bears since its launch.
Polygon (Matic) remained stable in the pandemic era and usually settled near $0.01. But right after the start of 2021, it soared at a fantastic rate and continued upward for the whole year.
In December, it reached its best price of $2.87 by the end of the year. It performed well in 2021, but 2022 affected its prices greatly as it saw a decline.
When predicting the prices of Polygon (Matic), you must know it is 2 layer solution Ethereum-based token. The Ethereum network gets congested sometimes and reduces the transaction speed; this is where 2 layer solution comes into play.
Ethereum network benefits many markets, such as NFT. The Polygon is the most successful 2-layer solution, which supports and enhances the Ethereum network’s working.
So, it is better to invest in Polygon (Matic) in 2023. Still, many Polygon (Matic) holders also look deeply into The Hideaways presale as it attracts them. Why?
Our analysts who picked out $MATIC in presale, which went on to do 80,000x to its peak have now picked The Hideaways (HDWY) as their next pick.
It’s easy to understand why as The Hideaways (HDWY) gives users the ability to invest in luxury property for as low as $100.
The significance of this is huge, the property market is worth $240 trillion globally and tokenizing and fractionalizing each property so many investors can buy in is truly revolutionary.
Better yet, The Hideaways (HDWY) handles all short-term rentals and will host events at these properties. Both of these generate you passive income to the tune of 20% per year.
The $HDWY token has just launched its presale so you’re still incredibly early, with the token generation event (TGE) on 1st January.
They’ve already got their contract audited by the top crypto security firm – SolidProof, and they will be locking their team token for 24 months – and they are locking liquidity forever.
Its the same set-up as $MATIC, get in early, hold for a few years, and be happy when the next bull run comes about. It’s as simple as that.
Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.
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