# Polygon Up 50% This January

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Last modified: 2023-01-31

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By Ivy Heffernan · 2023-01-31
Tags: Headline News, Top Stories, Crypto, Featured, POLYGON, 2023, Ivy Heffernan
Signed: no (published before platform launch).
Nothing in this article is investment advice.

It seems 2023 is looking up for Crypto, with Polygon's MATIC up 50% this January, Bitcoin up 44%, and Etheruem up 38%. Investors should be regaining their faith once again in Crypto. This reinforces the topic of social media and the markets, many influencers talk about the downfall of Crypto because a token takes a dip, but that is the cycle of anything with price volatility, the ups are downs are a part of trading and investing, especially in the Crypto market. 

Polygon MATIC holds 10th place for market capitalization in Crypto, with its valuation at $10.6 billion.

https://twitter.com/lookonchain/status/1619341507202535427?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1619341507202535427%7Ctwgr%5Ef458018b4af9eb52af776fed08866a35a5418424%7Ctwcon%5Es1_&ref_url=https%3A%2F%2Fdecrypt.co%2F120187%2Fpolygon-matic-whale-trades-4-million

**What is Polygon: **

Polygon is a decentralised Ethereum scaling platform that enables developers to build scalable user-friendly dApps with low transaction fees without ever sacrificing on security. - Polygon Technology.

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