Polygon is an underdog, and Sandeep Nailwal recognizes that and praises it for it.
Cryptocurrencies like Bitcoin gain traction as 2024’s big events get near, and Polygon’s creator, Sandeep Nailwal, takes a hard look at his own project.
He says that Polygon is once again excelling at being an underdog. While many creators are quick to brag about their individual ventures, Nailwal has highlighted in a post on X (previously Twitter) that the year has presented obstacles for the Polygon blockchain. “I’ve had a rough go of it throughout 2023, but being the underdog again feels so freeing,” NGL said.
On the other hand, Phygital, an X user, said the project is progressing nicely. He made the following statement: “To my knowledge, you guys cooked more than any other ecosystem and more than you have in any crypto season to date” when asked about production during a bad market.
The price of Polygon (MATIC) went below a horizontal region and a long-term downward resistance trend line, according to BeInCrypto’s research from December 20.
Since reaching its peak in 2022, MATIC has been trading below a declining resistance trend line, according to technical analysis on a weekly time frame.
The trend line had been in existence for about 730 days when the report was made. The most recent validation was last week; however, MATIC verified it many times.
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