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Overall all market is going down but USD market is in peak also ruble currency is going upside , so crypto market is affected by this crisis still BTC is trading at critical point I'm expecting a pull back soon you can buy matic if you want it.
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Why Price of Polygon Matic is falling?
The bearish market has left Polygon (MATIC) in a big dip that will take the coin some time to dig out. Polygon is one of the cryptocurrencies that dropped by over 10%. Even with the market breather, Polygon Matic is still in the red for the drop experienced over the past 7 days. But the Polygon price drop might have also been driven by competitive projects like Bitgert.
Bitgert is one of the biggest Polygon (MATIC) competitors, and the launch of the BRISE BRC20 blockchain has proven this. Bitgert blockchain is faster, and the gas fee is cheaper than Polygon. The Brise chain compatibility with Ethereum smart contracts is also making it superior to Polygon (MATIC). That’s why it might be a factor in the Matic dropping price.
