The cryptocurrency market as a whole has seen a downturn over the past year, largely due to the prolonged period of decreased activity and investor interest referred to as the “Bear Market.” Additionally, the recent collapse of the cryptocurrency exchange FTX further exacerbated the situation. With these events in mind, many people in the crypto community are wondering whether this trend of decreased market performance will continue in 2023.

Considering that, we’ll look at Polygon (MATIC) today to see how it’s doing, analysts and experts in the crypto space are closely monitoring Polygon and its performance, trying to determine whether it is a wise investment choice or if investors should consider alternative popular cryptocurrencies options like RenQ Finance (RENQ) instead.

Polygon (MATIC): A Brief Overview

Polygon is a layer-2 scaling solution built on Ethereum that aims to make creating decentralized apps, games, and other Ethereum-based services simpler and more accessible. With Polygon, developers can create dApps with increased capability. MATIC is the token used on the Polygon network, which was introduced in 2017. It uses a Proof-of-Stake consensus mechanism, making it more energy-efficient than some other networks.

Polygon (MATIC): Technical Analysis

Polygon, a layer-2 scaling solution for the Ethereum network, has seen fluctuations in its token’s price, MATIC, over the past year. In early 2022, the price of MATIC was over $2, but it quickly fell to $1.50. It managed to briefly recover to $2 in February, but then dropped to $1.40 and traded in the range of $1.4 to $1.6. In April, the price dropped steeply again to $0.6009, which was a 44% decrease from its previous level. From May to June, the price was less volatile but still declined to its lowest point of the year, $0.34, by the end of June.

Over the following months, the price of MATIC gained stability and was trading in the range of $0.8 to $0.9. There was a short-lived increase to $1.25 in October, but it quickly returned to the $0.8 to $0.9 range. In the start of 2023, MATIC saw an upward trend in prices, reaching $1.35 before settling at its current level of $1.2.

Polygon (MATIC) Price Prediction: Expert’s Opinion

Though Polygon showed some improvement in the start of 2023, As it recouped the $1 mark. Touching $1.34 as local high in January. Let’s take a look at what experts have to say about it for the rest of 2023.

CoinCodex predicted a mixedshort-term price performance for MATIC coin. The price of Polygon will increase by 19.98% over the next week and reach $?1.510317 by February 15, 2023. And decrease over the next month and reach $?0.779204 by March 12, 2023. Indicators on the site were bearish, 24 of them giving downbeat signals, while six gave bullish signals.

PricePrediction predicted Polygon would hit $1.86 by 2024. Further, DigitalCoinPrice also predicted positively, even though it was more cautious with its polygon crypto price prediction. As per the website, in 2023, the coin could be worth $1.87.

Slowly, Polygon is recovering and getting back on track. Meanwhile, there are a couple of coins that are predicted to go up in value. Let’s see what they’re about.

RenQ Finance (RENQ): The Future of DeFi

RenQ Finance is a decentralized finance platform that offers a one-stop solution for users looking to trade multi-chain digital assets in a secure and efficient manner. The platform is built on the Ethereum blockchain and operates in a decentralized, trustless manner, relying on smart contracts for security and transparency. It provides users with a comprehensive set of tools and features, including a market maker, automated trading, order matching, advanced liquidity solutions, analytical tools, and market insights.

RenQ also places a strong emphasis on community involvement, allowing active members to contribute to the platform’s governance and decision-making. The RENQ token is the operational currency of the platform, allowing users to participate in governance, stake and earn rewards. With its focus on security, ease of use, and advanced features, RenQ Finance is poised to become a leading player in the DeFi space.

RenQ Finance (RENQ) Price Prediction

The potential for growth of the RENQ token is seen as substantial by experts. They believe that the token’s value could reach up to $10 by 2025, with a potential 500x growth. For 2023, RenQ Finance is touted as a prime investment opportunity in the crypto world due to its useful application and low price during the presale phase. During the presale, investors can purchase the RENQ token at a reduced rate prior to its official release. Predictions for the long-term suggest that RENQ could become one of the top DeFi projects, with the aim to reach $1 in 2023 and $10 by 2025. In conclusion, RenQ Finance is viewed as a promising investment with the possibility for substantial growth.

RenQ Finance (RENQ): Great Potential In The Future

The future of RenQ Finance (RENQ) looks bright with strong potential for growth. Crypto experts believe the token could see a huge increase in value, possibly reaching $10 and experiencing a 500x growth by 2025. The presale has garnered attention from investors and is expected to be a major player in the DeFi space. Investing in RENQ during the presale at its discounted rate is considered a lucrative opportunity. The long-term outlook for RENQ is positive, with the goal of reaching $1 by the end of 2023 and $4 by 2024 with planned upgrades.

Thus, RenQ Finance is viewed as a great investment opportunity at its current presale stage 1 price of $0.02, which will increase to $0.055 by the end of the presale, a 175% gain.

User’s can take advantage of these low prices on RENQ and buy presale here.

Website: https://renq.io

Whitepaper: https://renq.io/whitepaper.pdf
Telegram: https://t.me/renqfinance

One of the latest entries to the cryptocurrency market, Big Eyes Coin (BIG) has responded to calls from investors with an announcement that it will now accept five new currencies for the purchase of BIG coins.

Big Eyes Coin is a new ERC-20 token built on the Ethereum Network with KYC verification by CoinSniper with the goal of transferring wealth into the Decentralised Finance (DeFi) ecosystem.

Prior to the announcement, Big Eyes Coin investors could purchase their BIG coin using Ethereum (ETH), Binance Coin (BNB), or Tether (USDT). Now, effective immediately, Big Eyes Coin could also be purchased using Bitcoin (BTC), Tether (TRC20), Dogecoin (DOGE), Binance USD (BUSD), and TRON (TRX).

The new development is expected to only add to Big Eyes Coin’s upward trajectory as a meme token which is in its presale. Having now entered its 11^th stage, Big Eyes Coin has raised $25 million in presale tokens and with four more stages left before it goes live on the market, it has already become the most successful presale in cryptocurrency in the last two years. The addition of BTC, TRC20, DOGE, BUSD, and TRX to Big Eyes Coin’s portfolio would potentially increase investors’ chances of making heavy returns through the BIG promotion code LAUNCHBIGEYES200 where Big Eyes Coin is offering a 200% return on a purchase of a BIG coin.

While the cryptocurrency market is recovering from the FTX crash which caused the prices of many top currencies to nosedive, experts have stressed the importance of newer currencies performing better. And investing in Big Eyes Coin could be a viable option for investors given its potential to grow.

Monero: Treading Through Bearing Waves

Monero (XMR) was launched in 2014 with the simple goal of allowing transactions to take place privately with anonymity, and ease of use and efficiency coming second. However, with pending legislation across governments in the world in 2023, Monero is likely to face problems if or when the regulations come into effect.

To add to the situation, Monero has been seeing a steady decline in its price amidst a bearish cryptocurrency market. At the time of writing, Monero had shed 3.85% overnight and 9.04% during the past week to trade at $157.13.

Toncoin: A Scurry Through Bearish Times

Having seen its price rise by over 3% a week earlier to trade at $2.36, indicating a bullish trend, Toncoin (TON) is seeing red as its price had shed overnight by 6.10% and 10.02% over the 7-day period that preceded, to trade at $2.12 at the time of writing.

Similar to many cryptocurrencies that are still reeling from the FTX crash in November last year, Toncoin is looking to replicate its all-time high of $5.29, which seems quite the uphill task given the circumstances.

At the time of writing, Toncoin held a market capitalization of $2.5 billion and was trading at a 24-hour volume of $40 million.

Find out more about Big Eyes Coin (BIG):

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL

It’s common knowledge that many traders join the cryptocurrency market to make plenty of money. The crypto market has a history of massive profits and has made more new millionaires than any other trading market. If you’re going to make plenty of money in the coin market, your crypto portfolio must be top-notch. You won’t get anywhere by filling your portfolio with coins that have little value or those that lack utility. Only high-value projects can give you the profits you’re looking for.

So, what are the high-value projects on the coin market? Keep reading to find out. This project highlights essential facts about good crypto tokens available to traders.

Polygon: The Potential Of This Fast-Rising Token Is Sky High

Polygon is a fast-rising token with plenty of potential. This cryptocurrency was formerly known as the MATIC network before it was renamed. Polygon has gained worldwide popularity because of its close connection with Ethereum. It’s one of the layer-2 tokens created to ease Ethereum’s computational workload. Polygon will use its main and relay chain to support faster transactions and lesser costs. Polygon is a proof-of-stake protocol. MATIC is the token symbol of this network.

Chiliz: Football Meets Cryptocurrency

Chiliz is an innovative cryptocurrency token that proves cryptocurrencies can be used for almost anything, including sports-related utilities. This crypto token is designed to help users take their sports followership to the next level. Chiliz is one of the top special-purpose tokens on the coin market. It’s the currency that powers the socios platform. On socios.com, sports fans can purchase the NFTs of their favorite teams. These NFTs will give them access to unique benefits from their favorite teams. Many top teams have partnered with Chiliz, including PSG, Barcelona, Juventus, etc.

While Chiliz was majorly designed to support socios.com, it has developed into a reliable investment option for users. As more sports teams partner with Chiliz, it has become clear that this token is one for the future. Chiliz is hosted on the Ethereum blockchain. So its native token, CHZ, is an ERC-20 token.

Big Eyes Coin: Next-Generation Meme Coin Paving The Way

The first thing anyone should know about Big Eyes Coin (BIG) is that it’s a meme coin. You may wonder what a meme coin is doing on this list. But Big Eyes has proven that it’s a high-value project for the future. Despite being a relatively new project, Big Eyes has generated plenty of hype from crypto enthusiasts. Many are waiting on the sidelines to see what this token will develop into.

Big Eyes’ developers have wasted no time telling us what this coin is about. The first exciting thing to note about this meme coin is its unique theme. The creators of this token have opted for a design that’s not common – cat-themed graphics. Many experts have referred to Big Eyes’ cat-themed approach as a direct sign of competition with the meme sector’s dog-themed tokens. And why wouldn’t there be competition between them? Big Eyes has made it clear that it means business.

It’s common knowledge that meme coins usually have an ample supply. But Big Eyes has found a way to have a lesser max supply than the top meme tokens. This new meme coin has a max total supply of 200 billion tokens. The native token symbol is BIG. BIG powers most of the operations on this network. 70% of the maximum supply of this token will be released during the launch. Big Eyes’ developers want to create an active community of meme coin lovers. And it’s looking like they have made reasonable progress. The token presale has raised over $25m.

For All Things Big Eyes Coin (BIG)

Presale: https://buy.bigeyes.space/

Website: https://bigeyes.space/

Telegram: https://t.me/BIGEYESOFFICIAL