Almost all opinions agree that Polygon will not reach the price of $20 soon, and there are no indications that this may happen in the medium and long term. Despite this, the network is achieving development and more user demand after many service platforms supported Polygon at the expense of other networks, and this is due to its efficiency and ability to develop in line with the needs of users in a market full of competitors.
As for the price impact of what is happening between the SEC and some platforms, I do not think that this will have an exclusive effect on Polygon Matic, because a state of decline or strengthening of user confidence will include all pairs in the market (except Bitcoin). At the same time, I think that its price will witness a recovery before and shortly after the halving, because the prices of the major currencies are improving compared to the price of Bitcoin in that period of each year in which the halving occurred.
As for the price impact of what is happening between the SEC and some platforms, I do not think that this will have an exclusive effect on Polygon Matic, because a state of decline or strengthening of user confidence will include all pairs in the market (except Bitcoin). At the same time, I think that its price will witness a recovery before and shortly after the halving, because the prices of the major currencies are improving compared to the price of Bitcoin in that period of each year in which the halving occurred.
$20 is still a possibility. Just wait until BTC goes to $1m, and MATIC will never be cheap again. There are a lot of partnerships, while projects are being built on top of the Polygon chain like there's no tomorrow. These are signs that adoption for the cryptocurrency is high. Demand comes hand-in-hand to that.
I honestly don't understand if you're joking or if you're serious. When I imagine when Bitcoin will reach $1 million per unit, I can't tell if the Polygon network will even exist until then.
There is virtually nothing to prevent the Matic from reaching record price levels, but this would not be useful if it happened in unreasonable circumstances. I mean, it would be better for the price to maintain the level of 1 stable dollar per unit, rather than reach the level of 20 dollars due to manipulation factors from whales or others.
In everything that is an investment, I do not trust more than Bitcoin and very few other currencies, so I always recommend dealing with caution with all currencies, especially as they may be affected by more downward changes than the factors that are supposed to raise their price to the same degree.
