Polygon (MATIC) to $20? - page 18. | Bitcointalksearch.org

jaberwock

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Quote from: icalical on July 11, 2022, 06:22:55 AM

Not within a year it won't, at the very best scenario that Polygon make a surprising development with the utility on their platform and the crypto bullish happened and help them, the price price they could reach will be less than $10. The case right now is that they far behind Solana and BSC, their most popular usage is OpenSea I think and the popularity of NFT is keep falling down, so except they do something, the $20 won't even happen at anytime.

Surprising development? That seems good and I think that alone can drive the price to up 10 dollars already but if that will be teamed up with a bull run then the price can rose more than that. A 20 dollar ATH is really possible for a top coin like polygon. Solana is having their own issues so I think their rankings have also gone down and polygon are may be ahead of them now but obviously bcs still takes the lead between them.

Before nft came, I think polygon was popular already so their most popular use is not in the opensea or for the nft's. Nft's are falling down, but it has nothing to do with the coin. Polygon is not an nft so it can always succeed on its own.

rodskee

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even in the peak of 2021 Bull market the price of Polygon didn't even get closer to 1/4 of the desire price above.

as the price only stands as

All Time High Dec 27, 2021 (7 months ago) $2.92

this is not coming even in the next halving as the price now lowered to half a dollar each so this will take another long time before hitting the top again.

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Quote from: icalical on July 11, 2022, 06:22:55 AM

Not within a year it won't, at the very best scenario that Polygon make a surprising development with the utility on their platform and the crypto bullish happened and help them, the price price they could reach will be less than $10. The case right now is that they far behind Solana and BSC, their most popular usage is OpenSea I think and the popularity of NFT is keep falling down, so except they do something, the $20 won't even happen at anytime.

With the next bullish it can reach high, but $20 is something very big. Already it have marked its ath value around $3. Additional $17 is something very big expectation. As said the NFT market have got big dependence over the market. Recent days the NFT trend have got away same as ICO. People have realised these are some form of market strategies.

Teraboy

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Quote from: icalical on July 11, 2022, 06:22:55 AM

Not within a year it won't, at the very best scenario that Polygon make a surprising development with the utility on their platform and the crypto bullish happened and help them, the price price they could reach will be less than $10. The case right now is that they far behind Solana and BSC, their most popular usage is OpenSea I think and the popularity of NFT is keep falling down, so except they do something, the $20 won't even happen at anytime.

It's true that $20 is being too overly optimistic regardless though $10 is still realistic, though the NFT has been fading slowly there has been quite big flows of investment from various big firm and whales that have been populating matic.
It could be that within this year, once the bullish taking off we could see matic reaching that $10 mark since it seems with all the flows of the big investment, it seems matic in the future gonna be quite promising and could be making a big comeback.

icalical

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Not within a year it won't, at the very best scenario that Polygon make a surprising development with the utility on their platform and the crypto bullish happened and help them, the price price they could reach will be less than $10. The case right now is that they far behind Solana and BSC, their most popular usage is OpenSea I think and the popularity of NFT is keep falling down, so except they do something, the $20 won't even happen at anytime.

yohananaomi

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Quote from: repear7 on June 27, 2022, 11:06:02 AM

I think when the price of Bitcoin goes to 1 lakh, the price of Matic can go to 20 dollars. Because this coin is used for swapping tokens. At one time the price of BNB Ether was much lower. For example, Ether was 30$, BNB was 3-4$. They cost a lot more now. So I think the price of matic can go up to 20$. It is possible.

You are right mate, matic is used for swapping tokens, but it must be remembered that many use it because ethereum is still constrained by high costs. it seems that even if it will be able to increase when bitcoin has started to recover it will not be $ 20. it must be remembered that there is still a long time to be able to increase due to the bitcoin correction, so the possibility will always be in crypto but there must be continuous development of matic, if you want to achieve the best and of course the price of $ 20 is not an easy thing to achieve.

RussianEnglishTranslation

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Quote from: Desscount on July 04, 2022, 05:04:51 PM

Quote from: coinerer on July 04, 2022, 09:56:04 AM

Quote from: bounceback on July 04, 2022, 07:33:49 AM

Quote from: Abiky on November 19, 2021, 09:14:50 AM

~snip~
Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.

If you look at the growth of the ecosystem which is increasing every year, it is likely that MATIC prices can reach that level, but to get there I think it will take a little longer for Matic, maybe around 2 - 3 years, although basically the Matic project is currently developing but while we are still in a bear market, so there is nothing to move the price towards the $20 level any time soon, hopefully the market will recover soon and we will see some pumping done by the MATIC coin.

Maybe it is not possible to reach $20 for Matic . Matic supply is 10 Billion token if this coin reach 200 Billion usd of marketcap will be reach . where the present Ethereum marketcap only $132B and BNB Marketcap only $36B . here how to possible for Matic to reach $200B ?

the future is still a mystery, moreover Matic's journey is still very long, but we can conclude,
the price of $20 for Matic does look expensive and like a dream, but all can be achieved if Matic is in the top 3 coinmarketcap

I think Matic can hit 20 usd easy and I think that ICP will hit 500 usd easy. The top 10 crypto projects will change drastically over the next couple of months.

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Quote from: coinerer on July 04, 2022, 09:56:04 AM

Quote from: bounceback on July 04, 2022, 07:33:49 AM

Quote from: Abiky on November 19, 2021, 09:14:50 AM

~snip~
Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.

If you look at the growth of the ecosystem which is increasing every year, it is likely that MATIC prices can reach that level, but to get there I think it will take a little longer for Matic, maybe around 2 - 3 years, although basically the Matic project is currently developing but while we are still in a bear market, so there is nothing to move the price towards the $20 level any time soon, hopefully the market will recover soon and we will see some pumping done by the MATIC coin.

Maybe it is not possible to reach $20 for Matic . Matic supply is 10 Billion token if this coin reach 200 Billion usd of marketcap will be reach . where the present Ethereum marketcap only $132B and BNB Marketcap only $36B . here how to possible for Matic to reach $200B ?

the future is still a mystery, moreover Matic's journey is still very long, but we can conclude,
the price of $20 for Matic does look expensive and like a dream, but all can be achieved if Matic is in the top 3 coinmarketcap

coinerer

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Quote from: bounceback on July 04, 2022, 07:33:49 AM

Quote from: Abiky on November 19, 2021, 09:14:50 AM

~snip~
Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.

If you look at the growth of the ecosystem which is increasing every year, it is likely that MATIC prices can reach that level, but to get there I think it will take a little longer for Matic, maybe around 2 - 3 years, although basically the Matic project is currently developing but while we are still in a bear market, so there is nothing to move the price towards the $20 level any time soon, hopefully the market will recover soon and we will see some pumping done by the MATIC coin.

Maybe it is not possible to reach $20 for Matic . Matic supply is 10 Billion token if this coin reach 200 Billion usd of marketcap will be reach . where the present Ethereum marketcap only $132B and BNB Marketcap only $36B . here how to possible for Matic to reach $200B ?

bounceback

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Quote from: Abiky on November 19, 2021, 09:14:50 AM

~snip~
Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.

If you look at the growth of the ecosystem which is increasing every year, it is likely that MATIC prices can reach that level, but to get there I think it will take a little longer for Matic, maybe around 2 - 3 years, although basically the Matic project is currently developing but while we are still in a bear market, so there is nothing to move the price towards the $20 level any time soon, hopefully the market will recover soon and we will see some pumping done by the MATIC coin.

Pamadar

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Quote from: bestcoins1 on July 04, 2022, 05:18:40 AM

Quote from: Kadal Ijo on July 01, 2022, 09:07:55 AM

It can be said that matic is a coin with great potential to be equivalent to even passing BNB or ETH, network speed and very cheap costs make many Devs. Moving to Matic, although now there is a big correction but I do not hesitate to continue to buy matic.

If that was the only reason, the Matic should have been very expensive long ago or since the bull run, but why couldn't the Matic be at $20 at that point? does everyone not know the transaction fees from the matic network are so cheap and fast? ETH and BNB are two very good coins and also always compete in today's market with a very large community, but Matic is always not in the top ten to compete with others, so Matic will not be on par with BNB or ETH.

Well said, Matic still doesn't have that kind of support where both ETH and BNB are enjoying now.

Developers and investors continue to choose projects that being run inside both ETH and BNB most of the time, they see
establish network and interest from traders that are the main target of creating a project.

Matic still has a big room to grow and compete, but without a huge support from end users the value will remain the same.

bestcoins1

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Quote from: Kadal Ijo on July 01, 2022, 09:07:55 AM

It can be said that matic is a coin with great potential to be equivalent to even passing BNB or ETH, network speed and very cheap costs make many Devs. Moving to Matic, although now there is a big correction but I do not hesitate to continue to buy matic.

If that was the only reason, the Matic should have been very expensive long ago or since the bull run, but why couldn't the Matic be at $20 at that point? does everyone not know the transaction fees from the matic network are so cheap and fast? ETH and BNB are two very good coins and also always compete in today's market with a very large community, but Matic is always not in the top ten to compete with others, so Matic will not be on par with BNB or ETH.

minhtra

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For MATIC to be $20, it needs to have ETH market cap today, see https://www.coingecko.com/en/compare-cryptocurrencies?coins=polygon,ethereum Kiss

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Quote from: smartaction on July 03, 2022, 10:17:05 AM

Quote from: Abiky on November 19, 2021, 09:14:50 AM

Polygon is so cheap and fast to use for "De-Fi". The sidechain has so much potential to take the world by storm. By taking the security of the main ETH blockchain, Polygon becomes a better choice than competing platforms like Binance Chain and Solana. Yet, the coin (MATIC) is trading below the double-digits. That's surprising to me, considering that the sidechain is quite convenient for day-to-day payments. If you compare fees on Polygon vs Binance Chain, you'll notice the former has the lowest gas fees. All Polygon needs is hype (mainstream demand) and it could soar all the way to the moon.

Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.

I don’t think it is possible for polygon to reach $20 with a huge supply. it can possible if the burn there 50% of token supply. But i expect $5 for each MATIC price. Maybe it is possible to reach. the ATH price of polygon is 2.92$. it was make 6 months ago. And bitcoin ATH was $68,789 and it was 8 months ago. If Polygon wants to reach $5. Then Bitcoin has to be approximately $100k

To expect more from the price of polygons (methic) requires strong patience because right now the price of meth has not been able to rise to the price of $ 1 and to see meth to rise above $ 1 of course it will take a very long time, maybe 1 year in the future especially to see the price up to $ 5 ntah need how many x more bull run on bitcoin.

$crypto$

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Quote from: Kadal Ijo on July 01, 2022, 09:07:55 AM

It can be said that matic is a coin with great potential to be equivalent to even passing BNB or ETH, network speed and very cheap costs make many Devs. Moving to Matic, although now there is a big correction but I do not hesitate to continue to buy matic.

I know Matic has high speed but I don't think it will be able to pass ETH as the best even though gas is expensive but the ETH network is the most crowded which means a lot of whales are on the ERC20 network.

The price of the Matic has now fallen more than 80% since ATH but there is a possibility of going back above $1 more but I don't think hitting $20 anytime soon would be a long process as the price is now too low especially in relation to $20.
But I think it's good you buy when the price is base.

smartaction

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Quote from: Abiky on November 19, 2021, 09:14:50 AM

Polygon is so cheap and fast to use for "De-Fi". The sidechain has so much potential to take the world by storm. By taking the security of the main ETH blockchain, Polygon becomes a better choice than competing platforms like Binance Chain and Solana. Yet, the coin (MATIC) is trading below the double-digits. That's surprising to me, considering that the sidechain is quite convenient for day-to-day payments. If you compare fees on Polygon vs Binance Chain, you'll notice the former has the lowest gas fees. All Polygon needs is hype (mainstream demand) and it could soar all the way to the moon.

Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.

I don’t think it is possible for polygon to reach $20 with a huge supply. it can possible if the burn there 50% of token supply. But i expect $5 for each MATIC price. Maybe it is possible to reach. the ATH price of polygon is 2.92$. it was make 6 months ago. And bitcoin ATH was $68,789 and it was 8 months ago. If Polygon wants to reach $5. Then Bitcoin has to be approximately $100k

SaveOurSea

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Quote from: Kadal Ijo on July 01, 2022, 09:07:55 AM

It can be said that matic is a coin with great potential to be equivalent to even passing BNB or ETH, network speed and very cheap costs make many Devs. Moving to Matic, although now there is a big correction but I do not hesitate to continue to buy matic.

Yeah!, keep buying, because Matic is indeed one of the favorite projects of all traders and investors,
I'm one of them he he, although the price of Matic is a deep correction, but I'm completely safe,
because Matic is not a shit project, but a good project, so I'm sure I can recover when the time comes

Pamadar

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Quote from: lepbagong on July 01, 2022, 02:20:36 AM

Quote from: repear7 on June 27, 2022, 11:06:02 AM

I think when the price of Bitcoin goes to 1 lakh, the price of Matic can go to 20 dollars. Because this coin is used for swapping tokens. At one time the price of BNB Ether was much lower. For example, Ether was 30$, BNB was 3-4$. They cost a lot more now. So I think the price of matic can go up to 20$. It is possible.

it's very hard to expect too much from Matic to make it to $20, it should be remembered that when bitcoin reached its last ATH and Matic was only able to make ATH $2.92.
It must also be remembered that Matic has been used so far because ethereum is expensive and if eth2.0 can be realized, it is likely that many will not use Matic.
so even if it will go up the possibility is not as big as you think and it's too high.

This is another possibility in regard to Matic value, if ETH established much cheaper transaction fees.

the chance of matic not being used by the most developers and investors will impact to how the value will turn after some time,
matic needs to attract more end users to create more potential holders and developers to establish good value.

It's more on how the team will bring new money around and let believer to enjoy and continue to support this coin.

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Quote from: Kadal Ijo on July 01, 2022, 09:07:55 AM

It can be said that matic is a coin with great potential to be equivalent to even passing BNB or ETH, network speed and very cheap costs make many Devs. Moving to Matic, although now there is a big correction but I do not hesitate to continue to buy matic.

Indeed, Matic is one of the coins that has potential but I think BNB or Ethereum is still one level above Matic,
so we need to see further development of Matic because I'm pretty sure the coin will continue to grow,
with the current correction maybe this is the right time to buy it

Kadal Ijo

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It can be said that matic is a coin with great potential to be equivalent to even passing BNB or ETH, network speed and very cheap costs make many Devs. Moving to Matic, although now there is a big correction but I do not hesitate to continue to buy matic.

Topic: Polygon (MATIC) to $20? - page 18. (Read 5883 times)