The price of Polygon Matic is dropping continuously at an unprecedented rate as of January third week, 2024. It is currently trading at $0.757 and has dropped by nearly 2% in the last 24 hours, as of January 23, 2024. As the new POL token came into existence, replacing the already existing MATIC token, it has become apparent for investors to wonder if Polygon Matic will keep dropping this year.
Will the MATIC token be completely replaced by the POL token? Is the MATIC token going to keep dropping in 2024? Let us find answers to all your questions in the present article.
Polygon Matic Overview
The Polygon Matic has always held an exceptional reputation in the crypto industry, being a scalable layer2 network on top of the Ethereum blockchain. The Polygon sidechain is connected to the Ethereum mainnet, which enables it to have the robust security and decentralization of the Ethereum network.
Polygon became a popular layer2 network in the industry within no time, addressing the pressing sc

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