I’ve been looking into some ones that I think might be good additions to any portfolio given the buzz around cryptocurrencies. I did some research and managed to narrow it down to two options: Polygon and Chainlink.
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So let’s start with Polygon:
It is among my top choices because of this token’s forthcoming update called Polygon Magic 2.0. A major facelift, if you like!
The token is currently trading at about $0.83, up from a high of just under $3 in the past. A market value of nearly $8 billion is not too shabby, either.
What immediately seized my attention was that a whole 70% of Polygon holders have clung onto it for over a year. That kind of loyalty cannot be bought.
It has already proven itself as a tier one layer two solution, but this upgrade is slated to take it to the next level. It is no longer just a layer two but will compete as a full scale layer one.
This is massive! With this upgrade, projects like Solana could be rivalled by Polygon. I’m excited about the huge upside potential here.
Now let’s turn our attention to Chainlink for a moment.
Recently, this project broke past the $10 billion mark and rightly so. Chainlink does some revolutionary things especially in collaboration with Swift. They are essentially helping modernize how traditional banking systems operate – not an easy task.
Chainlink, which already boasts more than 2000 integrations with such players as T-Mobile, Amazon Web Services along with Google Cloud, is proving its mettle.
Chainlink’s potential for the future excites me most. I still think that it's undervalued though its market cap is huge. It wouldn’t surprise me if it rose to be among the top five cryptos soon.
At the end of everything, these two choices offer alternative equally attractive opportunities.
Being upgraded, Polygon will make it to a new level, whereas Chainlink has partnerships and functioning capabilities that make it a serious contender in the industry.
Cryptocurrency investments are not always safe, therefore making a thorough research on your part is necessary for you to have an informed decision.
To sum up, while Polygon and Chainlink seem like good picks, one should also reflect upon their investment goals as well as risk tolerance before diving in.
This does not negate the fact that digital currencies can be highly volatile markets but they are often highly rewarding if one planned accordingly and was lucky enough.
High Risk High Reward!
Thanks for reading ❤️
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Posted Using InLeo Alpha