Thread by @equ1l1br1um_, $MATIC is pumping because it will be used as an alternative for [...]

$MATIC is pumping because it will be used as an alternative for the high ethereum fees on NFT platforms. At the moment it& #39;s impossible to create NFT& #39;s because of the high ethereum gas fees.

Another blockchain that will be used for that is $NEAR

$eth $crypto $defi $alts $nft

There will be serious competition between $MATIC, $NEAR and $FLOW

At least until $eth 2 launches.

I didn& #39;t buy $MATIC as there are better opportunities in the market, but this can run hard.

Could be a good play to buy in all 3 as a hedge for the NFT market. Flow only otc

Didn& #39;t buy but decided to long on binance on a conservative 5x with stop losses in place. I am talking about $MATIC as it& #39;s the lowest marketcap out of the 3 mentioned. Could have gone a better entry two days ago when I first thought about it, but good risk/reward here also.

Seems opensea will be using it to combat the high eth fees. Bullish

Long doing fine as well. Entry was 0. 04 from on the above tweet https://twitter.com/money_alotta/status/1357835073731584003?s=19">https://twitter.com/money_alo...

https://twitter.com/money_alotta/status/1357835073731584003?s=19

Update : $MATIC 0.092 , long 5x entry 0.04$ , doing well, still room to go compared to $NEAR $AVA, moving stop losses higher

$eth $alts $defi $DOGE $btc $YFI $NFT

Update : Crushing it. $MATIC 0.13$ , longed 5x from 0.04$, all in this thread.

Seems they have rebranded to Polygon (Ethereum& #39;s Internet of Blockchains)

https://polygon.technology/

https://polygon.technology/">... href="https://twitter.com/search?q=%24eth&src=ctag">$eth $alts $defi $doge $btc $YFI $NFT

Closed long at an average of 0.125$ to buy some spot defi alts, still keeping a spot bag as this can run even further

$MATIC held very strong in this large dip, on the positive. Usually this are the coins that pump heavily once we go again in an uptrend. Kept my spot bag after a succesfull long position mentioned earlier. Still good profit.

$eth $alts $defi $nft #bsc

https://abs.twimg.com/hashflags... draggable="false" alt="">

https://twitter.com/aanggggggggg/status/1368194863817166857?s=19">https://twitter.com/aangggggg...

https://twitter.com/aanggggggggg/status/1368194863817166857?s=19

$MATIC added to coinbase. Lots of $NFT and $defi projects integrating them as a solution to $ETH high gas fees. Still plenty of room to go compared to projects like $FLOW $AVAX

First posted about this at 0.04$

In 2 months of research whenever I encounter a project that is using or plan to use L2 for scalability, it& #39;s always Polygon $MATIC, it& #39;s not $AVAX, $FLOW or $BSC.

I may be wrong on this, but I think Polygon will be the actual L2 that gets adoption until $ETH scales...
$NFT $defi

Last year I thought this project was a total moneygrab like most of the projects out there and they won& #39;t actually build anything. But seeing opensea, $AAVE working on L2 with polygon and many other big actors, makes it as legit as it gets. Let& #39;s see what happens in 2-3 months

Correction : Whenever I research a big project is what I meant.

Won& #39;t surprise me if Uniswap V3 comes with Polygon as L2 at this point. High bets are on Optimistic to be that solution, but let& #39;s see.

Been talking about $Matic from when it was at 0.04$ in this thread, now it& #39;s at 0.71$ and still running. Lots of transactions and every serious unicorn project integrating them. Will consider taking some profit around 2$.

$eth $defi $alts $crypto $nft

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