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Market analysts speculate that the market has bottomed and we might be getting into a bull cycle.
As a trader, this is the best time to pick your blue-chip coins ready for the market rally. Among the highly favored are Polygon (MATIC), Shiba Inu (SHIB), and TMS network (TMSN).
Polygon and Shiba Inu will soar by between 10x to 50x. TMS network, on the other hand, will likely make 1,000x returns.
But what makes these coins such great additions to your 2023 crypto portfolio?
Polygon and Shiba Inu rank among the top 15 cryptos on CoinMarketCap in terms of market cap— ranking at #10 and #13 with a live market cap of $11,511,150,827 and $7,507,852,895 respectively.
Polygon and Shiba Inu are seasoned, mature, and stable market players. They tend to be less volatile and are viewed by many investors as safe investments.
Polygon aims to address high transaction costs and network congestion on the Ethereum blockchain without compromising the main chain's security. Polygon utilizes a Layer-2 sidechain to provide Ethereum users with faster and cheaper transactions.
Thanks to its high transaction speeds and simplification of complexities of Scale, Polygon has made many partnerships with sectors outside the cryptoverse that have boosted the growth of Layer 2's ecosystem. Among its top partners are web2 companies like Starbucks and Mastercard.
Named after a Japanese dog breed, the Shiba Inu meme coin has grown massively since its launch, garnering attention from investors and enthusiasts alike. For a long time, most of Shiba Inu’s popularity was based on hype.
However, the canine coin has been getting some real-life use cases and
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