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1 Cryptocurrency to Avoid No Matter What


If there's one thing that's become clear about cryptocurrencies and the blockchain over the past two years, it's that trading alone isn't a good use case for cryptocurrencies. The industry is going to have to provide some kind of utility to businesses, consumers, and other technology companies, or these cryptocurrencies and blockchains won't last.

As blockchains like Solana and Base gather users and developers, improving on their speed and cost structure, some blockchains are going to be left behind. I think Polygon (CRYPTO: MATIC) falls squarely in that category. It doesn't have the user or developer base to compete with better blockchains.

Cryptocurrencies are fundamentally a currency of a blockchain, so, if no one's using the blockchain, the currency itself has very little value. This is the fundamental problem for Polygon.

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Source Fool.com

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