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Assessing Polygon’s lack of momentum and why it isn’t completely at fault
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Besides Bitcoin and Ethereum, every crypto-asset in the market has undergone consistent shuffling over the course of 2021. The market cap value between some of the top projects has been neck and neck. The difference between Cardano, XRP, and Polkadot, for instance, is only $5 billion from one to another, and that has been the story for most of the year.
However, one project which has significantly slid down the rankings since Q2 of 2021 is Polygon. It is currently ranked 19th on the charts, with
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