MATIC or DOT? - page 7. | Bitcointalksearch.org

leonair

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Quote from: hack3rcon on December 25, 2023, 07:03:00 AM

Hello,
Is MATIC better or DOT? Which one has better potential?

Thank you.

Both Matic and Dot are in the top position in coinmarketcap with a good marketcap so both coins have a lot of potential. But I prefer Matic a bit more because this blockchain has become so popular that even though its price is much lower than DOT, it has the potential to move to a much better position in the future. Because the gas fee of this blockchain is very low, it has a lot of user focus, so when Polygon like bsc chain starts to be used in huge amount, then MATIC will get a good value in the market.

Sayeds56

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Quote from: hack3rcon on December 25, 2023, 07:03:00 AM

Hello,
Is MATIC better or DOT? Which one has better potential?

Thank you.

I have been using both, DOT and MATIC since 2020 and my comments/observations are as follows:

Matic is basically a lyer2 chain on Ethereum Block chain aimed to improving scalability and provide framework for connecting Ethereum compatible blockchains.DOT on the other hand operates a multi-chin network, enabling various block chains to connect and share information.

From my perspective, Matic has been notably successful in attracting investment for numerous protocols, primarily due to its lower transactions fees. Whereas, Polkadot seems to be facing challenges in marketing its coin to big inventors and achieving wide-spread popularity for the DOT network.

Husires

legendary

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There has been a lot of hype around DOT and I haven't heard anything new about them in a while so it's safe to say this coin is dead.
MATIC has seen the same hype, but the project is still shocking and offers low fees. Therefore, when we compare, we find that MATIC is much better than DOT, and I recommend investing in it if you strongly believe in POS.

tsaroz

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Quote from: hack3rcon on December 25, 2023, 07:03:00 AM

Hello,
Is MATIC better or DOT? Which one has better potential?

Thank you.

MATIC is a go as an alternative for BNB while PolkaDOT have it's own blockchain. And while Matic is focused for operating dapps, Polkadot aims at getting cross platform interoperation. There are several newer alternatives to MATIC while dot is one of its kind. The growth of DOT ecosystem has been spectacular for some months now while polygon is not able to keep its growth.
I believe DOT has a better future than Matic mostly because development of DOT have more flexibility, matic being a sidechain has limited usability.

DrWhat

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I would have said matic a couple of months ago, but recently the gas prices on polygon has been wild and fluctuating between 30gwei and 10000gwei.

There is something wrong with the network.

mk4

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While you can categorize both as "blockchains" in a general sense, they're technically quite different. Polkadot is a Layer-1, while Polygon is a pseudo Layer-2. So, we're talking "better" in terms of what?

EarnOnVictor

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Quote from: hack3rcon on December 25, 2023, 07:03:00 AM

Hello,
Is MATIC better or DOT? Which one has better potential?

Thank you.

Bro, if I were you I would own the two, they are both good projects and I don't think anyone would regret owning them in the long run. But as it is in the current dispensation, DOT performed better than MATIC and has been considered more than it by investors. It also moves well when other altcoins are moving and not lagging so much behind the way MATIC does. DOT has moved x3 from the spot it was in the middle of October, this is unlike MATIC which has not moved x2 from its spot since then. But one thing that is certain is that we can't totally underestimate these coins, the one that didn't move up to x2 now can move x10 in the next two months. And as MATIC is, it might be when other coins have stopped buying that it will be launching higher.

This is why I advise that you should invest in the two, by that, you would earn from them both and not miss the good surprise that must happen in any of them.

Publictalk792

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In my point of view both coins are good. Both have potential to grow. Polygon is developing much and Dot also have the plans. Dot's price is little high as compare to the Polygon.
Many news are wandering in the market regarding Dot. And I have read many articles that were saying that the Dot is the Next Solana. So if you want to invest in these coins. So I will recommend you should diversify you investment in both of these coins. Because both have ability to grow up. If you want to invest so I will say make some research before investing. DYOR.

Belarge

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Quote from: hack3rcon on December 25, 2023, 02:19:49 PM

Hello,
Does it make sense to convert Tron coins to MATIC?

Thanks.

Coming up with few positive ideas and I must say this, we just have to become very careful when it involves the activities of the crypto market. No one is coming to save us other than ourselves and I tend to gran any golden opportunity I've found in my range or sets of decision waiting to be carry out. Trons is a stablecoin and from year to year, it will not make any bull run to the moon, it's just like some kind of abandoned project in the market, no investors or whale show concern because the one man that was elevating Tron on all standards, Elon Musk just forget anything relatable to the projects and focuses on new one.

Ben Barubal

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Quote from: hack3rcon on December 25, 2023, 07:03:00 AM

Hello,
Is MATIC better or DOT? Which one has better potential?

Thank you.

I think the development of matic is better than that of dot, according to the research I did on matic. Then there are many whale investors who also support Matic or Polygon.

So I think it will be next to ETH or BnB in the coming times. Actually, I'm also saving for the long term; let's say I'll hold it for 5 years from now, and then somehow I'll hold it for the short term for the bull run that is coming in 2024.

royalfestus

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Quote from: hack3rcon on December 25, 2023, 10:25:53 AM

Quote from: livingfree on December 25, 2023, 07:14:19 AM

I haven't used DOT so I can't say anthing with it. But with looking for alternative transfers, I've used matic many times and it didn't disappoint me. With this time when Bitcoin transfers are costly, matic is part of my list for alternative transfers that I'll choose if ever I need to.

About it being an investment?

I don't know what to say as well and I can only speak for my experience with it through its use case and that's an approved thing for me.

Hello,
Thank you so much for your reply.
Does MATIC have the potential to become something like DOT or Solana? I mean in terms of price.

The decision to pick up Matic is a better one now than to pick up Solana and even though you might appear late, you cannot tell it's over for Solana. It is possible that Matic will run late in the market and outperform Solana in terms of return on investment. The ability to predict who will outperform is difficult, especially since they have used cases, active communities, and active developers.

JeffBrad12

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maybe its just me but DOT is just stagnating for all these rally that have happened to many altcoins out there DOT are just staying in its place not moving at all.
its kinda funny because most of the coin that rise are always anything blockchain and smart contract related but here dot just sitting there not moving at all even if it moves its just a little bit nothing fancy meanwhile matic has reached $0.9 recently its only matter of time until it reached its former value its just maybe matic total supply is too much without massive involvement of community and massive growth of community like solana I doubt matic could have any meaningful increase but honestly for investment its good enough already I projected that matic will eventually reach above $1 but with DOT im not so sure.
therefore in my opinion matic might be better investment for you but its most certainly not a financial advice. after all, matic might be dumping again since it has reached $0.9 it has been testing that resistance for so long and it never breakthrough.

livingfree

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Quote from: hack3rcon on December 25, 2023, 10:25:53 AM

Quote from: livingfree on December 25, 2023, 07:14:19 AM

I haven't used DOT so I can't say anthing with it. But with looking for alternative transfers, I've used matic many times and it didn't disappoint me. With this time when Bitcoin transfers are costly, matic is part of my list for alternative transfers that I'll choose if ever I need to.

About it being an investment?

I don't know what to say as well and I can only speak for my experience with it through its use case and that's an approved thing for me.

Hello,
Thank you so much for your reply.
Does MATIC have the potential to become something like DOT or Solana? I mean in terms of price.

I don't think so if we're going to compare it with their prices because looking at the supply of Matic, it has got a lot of billions but it's close to $1.

I'd safely say that it might not get close to what solana has reached but possible with what DOT has reached which is currently $9.

And for matic's price now of $0.9 all it takes is a 10x of gain. Well, that's just my opinion and I don't consider that as a financial advise that you might follow.

hack3rcon

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Hello,
Does it make sense to convert Tron coins to MATIC?

Thanks.

hack3rcon

member

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Merit: 10

Quote from: Rampagoe004 on December 25, 2023, 11:57:22 AM

I can say that I prefer Matic over DOT for now because of the wider use of Matic than DOT. In some cases, people can make USDT transactions using the Matic network, which will make Matic even more popular in the future. And as an investment option, Matic is still cheap to collect. DOT is priced at $8 which is much more expensive than Matic.

Hello,
Thank you so much for your reply.
I agree with your opinion.

Rampagoe004

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I can say that I prefer Matic over DOT for now because of the wider use of Matic than DOT. In some cases, people can make USDT transactions using the Matic network, which will make Matic even more popular in the future. And as an investment option, Matic is still cheap to collect. DOT is priced at $8 which is much more expensive than Matic.

Essential10

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Quote from: hack3rcon on December 25, 2023, 07:03:00 AM

Hello,
Is MATIC better or DOT? Which one has better potential?

Thank you.

I am not used to these two coins MATIC,DOT till now. DOT market value is higher than MATIC but in terms of users MATIC has more users. I can't say exactly which coin has better potential. But as far as I know MATIC achieves scalability through its unique sidechain architecture, which allows it to process transactions and smart contracts off the main Ethereum blockchain, significantly reducing congestion and fees. If you want to invest in such coins, you must invest carefully so that So that you don't lose money later.

hack3rcon

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Quote from: livingfree on December 25, 2023, 07:14:19 AM

I haven't used DOT so I can't say anthing with it. But with looking for alternative transfers, I've used matic many times and it didn't disappoint me. With this time when Bitcoin transfers are costly, matic is part of my list for alternative transfers that I'll choose if ever I need to.

About it being an investment?

I don't know what to say as well and I can only speak for my experience with it through its use case and that's an approved thing for me.

Hello,
Thank you so much for your reply.
Does MATIC have the potential to become something like DOT or Solana? I mean in terms of price.

hack3rcon

member

Activity: 364

Merit: 10

Hello all,
Thank you so much for all replies.
Which is better for investment? I have some Tron coins and I want to sell them and convert them to another currency.

GreatArkansas

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I will choose Matic. Matic is one of the OGs in the layer-2 networks. So for me, Matic has already built their reputation in the market especially in the Decentralized Finance (DeFi) world plus in Ethereum. For me, Polkadot is also good but the innovation or people using this are still few, in short, still early for them.

Topic: MATIC or DOT? - page 7. (Read 1293 times)