MATIC intesting for long-term hold

10 Tem 2023

Polygon network, a layer 2 scaling solution for Ethereum, uses a combination of technologies to achieve its goals, including sidechains, Plasma chains, and state channels. These technologies enable faster and cheaper transactions, as well as improved scalability, while retaining the security and decentralization benefits of the Ethereum mainnet.

MATIC is a cryptocurrency that serves as the native token of the Polygon network. Its price has been consolidating in a wide range since April 2021.

If history repeats, MATIC is at intesting prices to buy and hold for the next bull-run:

• Lower range of a consolidation box
  
• -75% from ATH
  

I'd love to know any catalyst for MATIC. Thanks in advance!