Polygon (MATIC) to $20? - page 22. | Bitcointalksearch.org

Pamadar

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Quote from: Fakhrulenclix on May 30, 2022, 05:23:23 AM

Quote from: Semar Mesem on May 29, 2022, 10:57:08 PM

Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

you enter at a very high price. but don't worry, Matic is a coin with a very large community and continues to grow with the advantages and advantages of the Polygon network development making users and also the reminder of the Matic coin continue to increase. regarding the current price which has fallen sharply it is a very natural thing where the market is in a downward trend, Bitcoin and almost all Altcoins are experiencing the same thing.
but I believe with a large community and the development of the Polygon network it is very possible for Koin Matic to be able to recover.
I also keep some Matic coins, I forgot about them and want to keep them longer, in the next few years I believe Matic coins will be able to compete with top coins like Ltc or Bnb.

Yep, Matic is still good in terms of investment asset, with moving development, we will expect that after this

bearish momentum, the market will start showing good bounce and this coin will also receive good support from investors who
are aiming to earn from this industry.

Good team attracts support and with continuous development, it won't be hard for the team to bring more people to bring
money for their investment in this project.

Fakhrulenclix

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Quote from: Semar Mesem on May 29, 2022, 10:57:08 PM

Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

you enter at a very high price. but don't worry, Matic is a coin with a very large community and continues to grow with the advantages and advantages of the Polygon network development making users and also the reminder of the Matic coin continue to increase. regarding the current price which has fallen sharply it is a very natural thing where the market is in a downward trend, Bitcoin and almost all Altcoins are experiencing the same thing.
but I believe with a large community and the development of the Polygon network it is very possible for Koin Matic to be able to recover.
I also keep some Matic coins, I forgot about them and want to keep them longer, in the next few years I believe Matic coins will be able to compete with top coins like Ltc or Bnb.

Semar Mesem

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Polygon was hit very hard, I invested when the price was over $2.5 at the beginning of the year but now it's only about $0.69 or a drop of more than 75%, of course this is sad and makes me prefer to hold because if I sell now of course I will lose.

Super Protocol

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In my opinion polygon is not yet a risk asset to hedge inflation like gold of bitcoin.
But with long term growth we can keep thinking optimistic surviving a bear market. For now it's a new cycle, so hold your horses don't Fomo and think long term.

nimogsm

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Quote from: sayaya17 on May 21, 2022, 02:01:00 AM

Quote from: fauzan Ichsan on May 20, 2022, 11:25:42 PM

Right now is a tough time for altcoins to develop, including polygon matic. if we look at the chart, currently the price is around $0.6 if there is another decline it could touch the support area around $0.4. Therefore, if the target is $20, I think I have to wait for the bullish season, even then it is possible that it cannot be fulfilled in 1 bullish season, the next few bullish seasons may only be fulfilled

It's true that this year has been a bad year for all altcoins, including MATIC whose performance has seen a drastic price drop. Which is now MATIC is
down about 78% from the ATH price that was achieved in 2021, and if we look at the current price, MATIC is still at $0.6. It seems unlikely that this
year MATIC can recover and touch the price of $20. Because until now there is no sign the market will recover, but I believe the market will recover
soon and we will see the MATIC price rise again. The most important thing is that we do not sell the MATIC that we have at a low price, in fact
I highly recommend buying the MATIC at the current price. Because the price of MATIC is already low enough to buy, maybe my prediction before
the end of the year at least MATIC can return to the price of $ 1.5. If it has a target to sell MATIC at a price of $ 20, it must be a long term holding
MATIC and we must be patient.

I think many people do this, now the price is very attractive and it would be wrong to miss such an opportunity.The main thing is to buy only on those mediums that are not a pity, it does not look like the market will recover in the near future.

lepbagong

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Quote from: 2tang on May 21, 2022, 02:20:45 AM

Quote from: fauzan Ichsan on May 20, 2022, 11:25:42 PM

Right now is a tough time for altcoins to develop, including polygon matic. if we look at the chart, currently the price is around $0.6 if there is another decline it could touch the support area around $0.4. Therefore, if the target is $20, I think I have to wait for the bullish season, even then it is possible that it cannot be fulfilled in 1 bullish season, the next few bullish seasons may only be fulfilled

I'm not even sure of hitting $20 on Matic even though some bullish season on Matic could happen as that is a very high measure for Matic to reach in the future even though in general Matic is doing very well in the market and crypto space.

I think the opportunity should have been done by Polygon last year, but couldn't do that and only managed to get to $2.92. looks like if you want to be able to reach $ 20, will need a spectacular achievement that must be done by polygons, will it be possible? I think it will be difficult to do. You are right, my friend @2tang, although in general it shows good changes, but in the future there will be those who will regain their market share to re-enliven with the launch of eth2.0. so that there will be more competition that needs to continue and this is certainly a positive side that crypto will experience.

Ojengonggu

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Quote from: Bitstar_coin on May 21, 2022, 02:45:34 AM

Polygon needs to work on their network issues, most times, using the network to process transactions can be a pain especially with metamask, I have changed my settings severally on mm and I still get the same result to withdraw my staked tokens with Polygon blockchain.
There is a possibility the price can be that high but only when the network is fully functional with a wider ecosystem. With this current bear market, the price is relatively cheap for a long-term buy.

If you say about market problems, indeed all coins currently get cheap prices, some are even cheap which doesn't make sense.
But for polygons I'm still not sure if the price can reach that high.

Super Protocol

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It is wild how volatile Matic is, considering its tvl

Bitstar_coin

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Polygon needs to work on their network issues, most times, using the network to process transactions can be a pain especially with metamask, I have changed my settings severally on mm and I still get the same result to withdraw my staked tokens with Polygon blockchain.
There is a possibility the price can be that high but only when the network is fully functional with a wider ecosystem. With this current bear market, the price is relatively cheap for a long-term buy.

2tang

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Quote from: fauzan Ichsan on May 20, 2022, 11:25:42 PM

Right now is a tough time for altcoins to develop, including polygon matic. if we look at the chart, currently the price is around $0.6 if there is another decline it could touch the support area around $0.4. Therefore, if the target is $20, I think I have to wait for the bullish season, even then it is possible that it cannot be fulfilled in 1 bullish season, the next few bullish seasons may only be fulfilled

I'm not even sure of hitting $20 on Matic even though some bullish season on Matic could happen as that is a very high measure for Matic to reach in the future even though in general Matic is doing very well in the market and crypto space.

sayaya17

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Quote from: fauzan Ichsan on May 20, 2022, 11:25:42 PM

Right now is a tough time for altcoins to develop, including polygon matic. if we look at the chart, currently the price is around $0.6 if there is another decline it could touch the support area around $0.4. Therefore, if the target is $20, I think I have to wait for the bullish season, even then it is possible that it cannot be fulfilled in 1 bullish season, the next few bullish seasons may only be fulfilled

It's true that this year has been a bad year for all altcoins, including MATIC whose performance has seen a drastic price drop. Which is now MATIC is
down about 78% from the ATH price that was achieved in 2021, and if we look at the current price, MATIC is still at $0.6. It seems unlikely that this
year MATIC can recover and touch the price of $20. Because until now there is no sign the market will recover, but I believe the market will recover
soon and we will see the MATIC price rise again. The most important thing is that we do not sell the MATIC that we have at a low price, in fact
I highly recommend buying the MATIC at the current price. Because the price of MATIC is already low enough to buy, maybe my prediction before
the end of the year at least MATIC can return to the price of $ 1.5. If it has a target to sell MATIC at a price of $ 20, it must be a long term holding
MATIC and we must be patient.

fauzan Ichsan

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Right now is a tough time for altcoins to develop, including polygon matic. if we look at the chart, currently the price is around $0.6 if there is another decline it could touch the support area around $0.4. Therefore, if the target is $20, I think I have to wait for the bullish season, even then it is possible that it cannot be fulfilled in 1 bullish season, the next few bullish seasons may only be fulfilled

nimogsm

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$20 today looks very unrealistic with all due respect to the project.For those who have been looking for a long time and thought whether to buy it, the perfect time has come.The price of 60 cents is a gift, the previous level of $ 1 will return soon and profit will be guaranteed.

Super Protocol

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Polygon have since proven itself as a remarkable Ethereum layer2 solution with it mapping technology, considering the level of growth that Ethereum have attracted to itself with so many giant businesses relying on it solution, Polygon Matic will only always do well as your goto layer2 solution to Ethereum's bottlenecks.

Bonenx14

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Quote from: TheGreatPython on May 19, 2022, 09:00:03 AM

So, how could we say that it could reach 20 dollars? Of course, it won't reach that level. We have a about x28 difference between matic's current price and the 20 dollar price point. So, it is clear to me that we won't reach that level, even if bitcoin becomes 200k one day, that would be about x7 difference, in order for bitcoin to reach 28x that would be near 850k level. Sure matic could go up faster, but not that much higher.

Because currently many competitors provide chain networks with low transaction costs, it is difficult to reach a high price of more than $10 for matic, if only matic networks were available other than bscscan maybe the current price of matic is already bullish because they have a large use of transactions in the crypto community.

TheGreatPython

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Quote from: Mamun74 on May 16, 2022, 10:24:46 PM

Market condition is very hard now to predict any coin.Bitcoin and Altcoin have between well connection each others. But now bitcoin price already many dropped and continue dropping. Bitcoin price now staying $29k-30k+. If bitcoin price will recover again like this 2021 Then i think it will be happened to Matic $20 in future. MATIC is very promising coin in altcoin After ETH and BNB.Matic have huge volume and i love this new promising blockchain. I hope bitcoin price wil be more grow in very next year and Altcoin also.

The difference is, even if bitcoin goes back to 68k, that would be a little over x2, even if we say bitcoin goes x3, that would be 90k price. So, when we consider the same for Matic, like let’s say it reached x3, or even x5, that would be 3-4 dollars at the very best case.

So, how could we say that it could reach 20 dollars? Of course, it won't reach that level. We have a about x28 difference between matic's current price and the 20 dollar price point. So, it is clear to me that we won't reach that level, even if bitcoin becomes 200k one day, that would be about x7 difference, in order for bitcoin to reach 28x that would be near 850k level. Sure matic could go up faster, but not that much higher.

Super Protocol

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Quote from: btc78 on May 18, 2022, 12:42:17 AM

Quote from: Super Protocol on May 17, 2022, 02:41:19 AM

Many stories from Polygon Matic but all of them I believe Polygon is an extraordinary coin.
There is no problem with the price of the Polygon Matic Dump coin because I am sure that Polygon Matic will rise again perfectly.
It takes patience for us to be able to convince ourselves because by itself Polygon Matic will be able to become the main choice coin by the community.

How will Matic surely rise again? is there any specific reason why this would go there ?

The best advantage is very very low transaction costs it is almost zero. I like this networks, it's scalability is too good we can make fastest transaction too easily they are providing multi chain bridge we can use them at low transaction cost.

btc78

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Quote from: MinMan on May 12, 2022, 03:09:59 PM

Quote from: Benefactor on May 11, 2022, 07:10:52 AM

That demonstrates that polygon needs to do one more advancement to carry greater utility to the its token to have the option to rival different tokens like BSC and Solana. Matic can't increment forcefully, then, at that point, in a rectification condition it will continuously sink to the base value and will hard to return quickly any time soon.

Matic polygon can always advance in terms of price though I don't know if it will reach a higher level or not but for the coin to add another utility? I don't think if it's possible because the only reason why they created this coin is to have a quick alternative to ethereum and the coin is already successful for this matter.

Nothing is impossible specially if the currency is truly created for the use of the people and for the advancement of crypto into another phase .

matic is one of the most successful currency from the creation but 10$ is far impossible for me today and tomorrow .

Quote from: Super Protocol on May 17, 2022, 02:41:19 AM

Many stories from Polygon Matic but all of them I believe Polygon is an extraordinary coin.
There is no problem with the price of the Polygon Matic Dump coin because I am sure that Polygon Matic will rise again perfectly.
It takes patience for us to be able to convince ourselves because by itself Polygon Matic will be able to become the main choice coin by the community.

How will Matic surely rise again? is there any specific reason why this would go there ?

Menawi12

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Quote from: Ibrahim60 on May 12, 2022, 11:51:32 AM

Quote from: Andam76 on May 11, 2022, 10:24:56 PM

Currently Polygon is developing into one of the largest cryptocurrencies in the world. Partly due to partnerships with major corporations and Polygon's social acceptance, Polygon's future looks very bright. These two factors also ensure that the 2022 Polygon price prediction can be called very good. The price goes up as more and more people invest in this crypto, $20 it could happen

Price is not in well position to reach $20 in 2022. It may be happen but on in this year. Matic is under $1 now and market condition is also in poor condition. It will take more time to recover the market again. So, literally it is not possible for matic to reach $20 in this year.

beside market condition as external factor, from developers team side must able create ecosystem which is will create new demand to polygon coin. without demand from ecosystem it doubted price could move above $20 even bitcoin price recover again.

Super Protocol

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Many stories from Polygon Matic but all of them I believe Polygon is an extraordinary coin.
There is no problem with the price of the Polygon Matic Dump coin because I am sure that Polygon Matic will rise again perfectly.
It takes patience for us to be able to convince ourselves because by itself Polygon Matic will be able to become the main choice coin by the community.

Topic: Polygon (MATIC) to $20? - page 22. (Read 5840 times)