As main occasions for 2024 method, Polygon founder Sandeep Nailwal starkly observes his personal mission, whereas Bitcoin and different cryptocurrencies collect momentum.
“Polygon is again to the place its the very best at : Being an underdog,” he states.
Polygon Founder Sandeep Nailwal Describes 2023 as a ‘Painful Journey’
In a submit on X (previously Twitter), Nailwal has identified that the yr has posed challenges for the Polygon blockchain, whereas many founders are likely to boast about their very own tasks.
“NGL it’s been a painful trip, the entire of 2023, however proper now, it feels extremely liberating to be the underdog once more.”
Nevertheless, a consumer on X going by the title Phygital argued that the mission is doing properly. “When it comes to producing throughout a bear, I’d say you guys cooked greater than some other ecosystem, and greater than you guys have in any crypto season I’ve seen thus far,” he stated.
Learn extra: Polygon vs. Loopring: Ethereum Layer-2 Options In contrast
Polygon’s Declining Value in Latest Instances
This comes amid BeInCrypto’s current protection of the declining value of Polygon.
On the time of publication, Polygon (MATIC) value stands at $0.87.
On December 20, BeInCrypto reported that the Polygon (MATIC) value has decreased underneath a long-term descending resistance development line and fell under a horizontal space.
The weekly timeframe technical evaluation exhibits that MATIC has fallen underneath a descending resistance development line since its all-time excessive in 2022.
On the time of reporting, the development line had been in place for almost 730 days. MATIC validated it quite a few occasions, most not too long ago final week.
Learn extra: How To Use the Polygon Bridge: A Step-by-Step Information
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