Filecoin (FIL) and Polygon (MATIC) Plummets While Plona (PLON) Launches Stage One Presale in the Crypto Market

This year the crypto market has witnessed several ups and downs. Many have speculated that the blockchain industry will not recover from its current downward slope. Cryptocurrencies like Filecoin (FIL) and Polygon Network (MATIC), which started strong, are now on a downward trend.

Timeline of Filecoin, Polygon

The cryptocurrency market can be surprising and lucrative, leaving investors searching for the right tokens to purchase. After thorough digging, we have found three blockchain cryptocurrencies in the market that might be worth your money.

The Co-founder of Polygon Sandeep Nailwal has disproved one of the most harmful myths propagated by fervent blockchain skeptics: the Web3 revolution is not solely intended to address "new" problems

The latest Filecoin price analysis confirms that a bullish trend has been dominating the charts for the 24-hours. A rise in price has been observed in the last 8 hours as well, which is quite encouraging for the buyers.

Polygon [MATIC] in its latest string of collaborations, announced that the Polygon team will be working with Indian law enforcement. The blockchain would be working to create an online complaint (FIR) portal.

Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto's own research on the subject MATIC, Polygon's native token has seen a steady price decline over the past 30 days. The crypto ranked thirteenth on CoinMarketCap, has gone from $0.93 to $0.

Decline and primarily depreciation was the story of the Filecoin [FIL] till we hit Q3 of 2022. Interestingly, the decentralized storage network recorded the first positive revenue growth since the HyperDrive upgrade.

The police department of India's Firozabad city has announced a plan to use the Polygon (MATIC) blockchain to register complaints as part of speeding up the resolution process of public complaints. 

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. MATIC's recent double-digit growth led to a bearish divergence on the CMF.

\"This is very close to my heart,\" tweeted Polygon's Indian-origin co-founder Sandeep Nailwal, citing corruption in local police departments that can lead to the manipulation of public complaints.

Police in the Indian city of Firozabad have taken a step towards embracing blockchain technology, partnering with Polygon to launch a complaints portal powered by the Polygon blockchain.  The new blockchain=powered complaints portal allows the city's residents to register complaints without fear of being dismissed or manipulated.