The anonymous host of InvestAnswers says blockchain scaling solution Polygon (MATIC) is his top altcoin pick.<\/p>\n\n\n\n
In a new YouTube video, the host tells his 444,000 subscribers that\u00a0MATIC<\/a>\u00a0may not have the most upside of any token, but it represents \u201cthe most upside balanced with the least amount of downside.\u201d<\/p>\n\n\n\n The analyst also says Polygon, according to his calculations, has the third-highest \u201csmart-contract platform score\u201d after Ethereum (ETH<\/a>) and Solana (SOL<\/a>).<\/p>\n\n\n\n \u201cIt has the lowest risk. It has extremely high adoption. [It has] very solid daily active users, especially considering all the stuff that\u2019s happened in this crypto winter. It has ZK (zero knowledge) rollup functionality, and the move of Ethereum to proof-of-stake will not negate the need for L2s at all, by any stretch.\u201d<\/em><\/p>\n\n\n\n MATIC is trading at $0.82 at time of writing. The 17th-ranked crypto asset by market cap is up more than 1% in the past 24 hours and nearly 15% in the past seven days. The token is also down more than 70% from its all-time high of $2.92, which it hit last December.<\/p>\n\n\n\n The InvestAnswers host cautions that he doesn\u2019t offer financial advice but says the $0.60 is a \u201cpretty solid\u201d historical support level for Polygon. He also notes that $0.65-$0.66 represents a \u201ckiller entry\u201d for the altcoin.<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" The anonymous host of InvestAnswers says blockchain scaling solution Polygon (MATIC) is his top altcoin pick. In a new YouTube<\/p>\n","protected":false},"author":1,"featured_media":10705,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[3423,254,3421],"tags":[3456,3426,3650,888,3649],"_links":{"self":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/10704"}],"collection":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10704"}],"version-history":[{"count":1,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/10704\/revisions"}],"predecessor-version":[{"id":10706,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/posts\/10704\/revisions\/10706"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=\/wp\/v2\/media\/10705"}],"wp:attachment":[{"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10704"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/blog.jlbn.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}