The prominent billionaire Mark Cuban funded the blockchain Polygon, which gained in popularity during the last bull run due to its benefits over the original Ethereum chain. However, with ETH’s transition to Proof-of-Stake (PoS), is there anything left of it?
Introduction to Polygon (MATIC)
Polygon (MATIC) is a Layer-2 blockchain that is used to accelerate transaction throughput and cross-chain operability with the Ethereum network and its decentralized applications (dApps). It was launched in late 2020 and is currently one of the top-performing tokens in the cryptocurrency market. The platform is designed to facilitate scalability and speed of transactions on the Ethereum network.
Polygon (MATIC) Price Prediction
MATIC, the native currency of the Polygon chain, has seen a significant increase in its price at the end of 2021, peaking at $2.92. Since then, the coin has been in a slow but steady decline and is currently trading in a channel between $1.20 and $1.30.
Analysts predict MATIC will be trading for a minimum price of $3.45 by the end of 2024, going up to $4.14 in early 2025. This a solid investment for the foreseeable future, considering the blockchain has already partnered with corporations like Disney.
Crypto Whales Investing in Avorak AI ICO
Avorak AI is a blockchain-based artificial intelligence platform developed by an expert team of AI engineers on the Binance Smart Chain.
The currently launched ICO has garnered the attention of crypto whales who are looking to invest in AI-based cryptocurrencies. These whales are attracted to projects with the most considerable trend potential and are likely to yield high returns. Avorak AI offers both frontrunning the next big niche in crypto with AI-powered blockchain solutions and currently raising funds with its ICO (initial coin offering).
The platform provides AVRK holders with AI-powered trading bots, trading signals, chatbots, and even image and art creation tools, similar to ChatGPT or Midjourney. However, there are no costly subscriptions, as seen with other platforms.
Conclusion
Established altcoins like Polygon (MATIC) will always be a good way to diversify one’s portfolio; however, real gains are made with ICOs like Avorak AI. Investing at the right time into the right project can be a life-changing financial decision.
Learn more here:Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
