As major events for 2024 approach, Polygon founder Sandeep Nailwal starkly observes his own project, while Bitcoin and other cryptocurrencies gather momentum.
“Polygon is back to where its the best at : Being an underdog,” he states.
Polygon Founder Sandeep Nailwal Describes 2023 as a ‘Painful Ride’
In a post on X (formerly Twitter), Nailwal has pointed out that the year has posed challenges for the Polygon blockchain, while many founders tend to boast about their own projects.
“NGL it’s been a painful ride, the whole of 2023, but right now, it feels incredibly liberating to be the underdog again.”
However, a user on X going by the name Phygital argued that the project is doing well. “In terms of producing during a bear, I’d say you guys cooked more than any other ecosystem, and more than you guys have in any crypto season I’ve seen to date,” he stated.
Read more: Polygon vs. Loopring: Ethereum Layer-2 Solutions Compared
Polygon’s Declining Price in Recent Times
This comes amid BeInCrypto’s recent coverage of the declining price of Polygon.
At the time of publication, Polygon (MATIC) price stands at $0.87.
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Author: Ciaran Lyons
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