There is no doubt that we are in the midst of a crypto-winter and unfortunately there are no parabolic price rises and meme coins that make millionaires. However, it is an excellent time to see which projects are really worthwhile and will last into the future.
Below we are going to review 4 cryptocurrencies that you should keep an eye on as they have solid fundamentals and are very likely to recover soon when the whole cryptomarket goes up again. We have not included BTC and ETH in this list as their strength and potential are obvious.
Please note, however, that the views set out in this 2023 guide are those of the author, and therefore independent research is crucial.
Let’s dive into it:
1. MATIC (Polygon)
MATIC is the native cryptocurrency of the Polygon network, a protocol to increase the scalability of the Ethereum blockchain and add new use cases. Polygon works through a sidechain that connects to Ethereum, allowing for further processing. It is arguably everything Ethereum aims to be with Ethereum 2.0. It is a project that fixes Ethereum’s processing power issues. It also uses the proof-of-stake model as a consensus mechanism. Polygon offers a much more intuitive architecture for developers, making it a more attractive network for inexperienced users, too.
