MATIC'S DECENTRALIZED AUTONOMOUS ORGANIZATION FOR A NEW UPWARD MOMENTUM
Author: @madridbg, through Power Point 2010, using public domain images. bitcoinmexico
Greetings and welcome dear readers of this prestigious platform, may the present delivery serve to socialize some advances that are being developed from the MATIC project, which is envisioned as a catalyst for economic growth in the asset.
In this sense, the Polygon project is presented as a dual-layer solution for Ethereum that allows improving transfer speeds, as well as reducing commissions for operations in this network, for this it relies on the use of sidechains that maintain security and speeds up the calculation process.
Based on the above, the representatives of the project have expressed the construction of a decentralized autonomous organization (DAO) to strengthen the decentralized finances of the project in order to attract a greater number of users with an investment of more than 100 million dollars for the project.
In addition to the above, an excellent alliance has been developed with the exchange giant Binance so that the Polygon mainnet process will be 100% integrated to the Binance blockchain, which will allow to make deposits, deposits, interactions in Dapps, among others, which will be carried out automatically and at a lower cost compared to the traditional Polygon-Ethereum bridge.
Fig. 2. MATIC/USDT daily time frame chart. bitsgap
So, under the scenarios outlined above, will it be appropriate to invest in MATIC?
To answer this question it is necessary to evaluate the behavior of the price action, we do not give accounts that by mid-May the price reached a high of $ 2.62 which represented an increase of more than 75% in the asset and despite the sharp fall of the crypto market driven by attacks towards BTC, the MATIC asset has maintained its steady growth, so that it is estimated that by the end of May the price of the asset is around $ 2.08.
For now, we can observe at the chart level a strong bullish scenario for the last 24 hours, generating a progressive increase of more than 14.5% taking the price from $1.49 to $1.53. At this point I would like to know your opinion on the evultion of this great project.
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Grateful with the community @project.hope and with all the management team of the same one that they motivate us to continue working in a mutual and balanced growth.
I won't actually be Astonished if Polygon Matic ends up rising drastically like Solana, BNB and ETH. I love your analysis here and I am also hoping to invest more in Matic due to the fact that there are lot of project adopting Matic explorers in such a way that most crypto projects build their project on Matic blockchain. It's really worth the investment!
Thanks for sharing this great post with love from @hardaeborla and I hope you have a great day ahead 💕💗😊
Greetings @hardaeborla I agree with you, we are in a good time to invest in this great project that is growing by leaps and bounds respecting the healthy setbacks that every asset must follow.
Thank you very much for stopping by and leaving your perspective.
Greetings friend @madridbg, currently with the development of the De Fi most of the projects that operate on the ethereum platform and that are related to the binance platform have very high expectations, particularly I had no knowledge about the MATIC project, so Thank you very much for the information, regarding polygon, the last thing I knew was that it had suffered a strong attack from a hacker who later returned all the stolen funds (he just wanted to expose the vulnerabilities of the system) ... now the team of polygon wants you as their cybersecurity systems advisor ... xD
Have a great start to the week!
Greetings @karupanocitizen there are many projects that need to improve in this aspect, because they end up presenting vulnerability, now, as a long term project and by the actions that are taking their investors and developers, I think MATIC will have a lot to talk about in the coming years.
As always a valuable contribution...
I have not studied this project, to tell the truth, but what I see on the chart is that it has a good upward movement, and that that high above two dollars will be touched soon.
Everything currently related to Ethereum has a good momentum, the team behind this project, the big move in DeFi, give it a great backing, so most likely we can see prices above the ones seen so far.
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Grateful with the assessment and work of reviewing each post within PH. No doubt it's a hard work my friend @crypto.piotr
This is an awesome integration with MATIC on binance blockchain there will be more price increase MATIC have always been doing great in the crypto space and with this new integration it will be moon all the way thanks for sharing.
Hi @mccoy02 as you say MATIC has been doing well and that is due to the responsible and dynamic people behind this great project.
I consider this integration is an extremely important step for the future of Poligon, which will allow it to continue growing. Best regards
I think we may see a ten dollar matic before the year end because it is doing some major partnerships that we want to be seeing
Those are very optimistic thoughts @joemuknic, I consider all of us who follow this project, want to see the price at that figure.
But as you rightly mention, they are good partnerships that are being made that will mark a firm path for the asset. Greetings and we will keep reading