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Topic: Polygon (MATIC) to $20? - page 28. (Read 5840 times)

full member
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April 21, 2022, 01:41:55 PM
#31
I think polygon(MATIC) is one of the coins that has very good potential and prospects in the future, because apart from having very low transaction fees, matic has also been adopted on a large scale in recent years, so I am very optimistic about the coin this will be growing in the future, but to reach the price of $ 20 matic still takes time and a long process maybe 3-5 years in the future.
sr. member
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April 21, 2022, 10:21:44 AM
#30
Happy with Polygon, cheap in transaction fees. Now it has also participated in publishing the new NFT network. In my opinion, it is recommended to be used as a long-term asset, even though in fact the price is for 20$, it takes quite a long time. Maybe later in 2025 when many people are interested on crypto assets.
Since it's still a long way from reaching a price of 20$ on the Matic, it's also a good idea to buy and keep it at the moment or use it in trading to get some good profits, because basically the Matic is very well built and also already has a network at a very low cost. very cheap as you say it.
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April 21, 2022, 09:28:00 AM
#29
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. Smiley

no, because some people are not very interested in layer 2 projects. they prefer a completely new network and not using EVM. that's why the price of MATIC has not changed much until now. in contrast to solana, polka-dot, terra, or avalanche which experience a very rapid increase in a short time.
Maybe it won't happen this year but I don't know because it depends on investors and traders. If they see Matic as a good coin to own and trade and there is good sentiment for the coin, the price could surely go up high. But getting to $20 may not be easy because it will require a lot of support from people. But Matic does have a chance to go higher and while it will still take a while to hit $20, I think it will be well worth the wait. So while the price is still around $1, we can increase the number of Matic again and hold it for some time.
sr. member
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April 21, 2022, 08:56:51 AM
#28
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. Smiley

polygon are cheap and widely used but with a total supply of up to 10 billion tokens, I am pessimistic that Polygon will be able to reach $20 even in the future. the burn feature is needed by tokens that have a lot of supply, to suppress prices and make the token price go up but I'm not sure polygon developers will burn polygon tokens.
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April 21, 2022, 05:27:47 AM
#27
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. Smiley

no, because some people are not very interested in layer 2 projects. they prefer a completely new network and not using EVM. that's why the price of MATIC has not changed much until now. in contrast to solana, polka-dot, terra, or avalanche which experience a very rapid increase in a short time.
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April 21, 2022, 12:27:44 AM
#26
Happy with Polygon, cheap in transaction fees. Now it has also participated in publishing the new NFT network. In my opinion, it is recommended to be used as a long-term asset, even though in fact the price is for 20$, it takes quite a long time. Maybe later in 2025 when many people are interested on crypto assets.
So far what Polygon has done and achieved, I think it's been good, it's just a matter of how the team will do things in the future,
for long-term assets or investments, I think Polygon is the right choice for that,
the price reaches $ 20 it all depends on the team and market conditions as well and we'll see
sr. member
Activity: 2618
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April 20, 2022, 11:36:08 PM
#25
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 $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much. Smiley
5 months after your post, meaning 7 months before that 1 year lapsed? yet the price of  MATIC remains this low https://coinmarketcap.com/currencies/polygon/ would that movement can really take the 20$ price? i don't think it ca lol.
but Matic is a good project and I believe that even if this matters to Make it to 2 digits ? yet it will take long before breaking that 20$ value .
legendary
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April 20, 2022, 10:23:12 PM
#24
$20 price can be reached MATIC but of course it takes time, currently MATIC price is around $1.6 and it takes more than 12x to get to $20, if the market is bull run then I'm sure in December it can reach at least $ 5, and in 2022 it can reach $ 20.
$20 for Matic is possible for me once the total crypto market cap or Bitcoin will also increase in price.
What I saw on Matic is neutral in terms of price, especially there are already lot of alternative chain for Ethereum, especially layer 1 protocols, not only layer-2 but in this case, MATIC is superb project, helping Ethereum to be more scale as using it as alternative.
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April 20, 2022, 08:03:24 PM
#23
Happy with Polygon, cheap in transaction fees. Now it has also participated in publishing the new NFT network. In my opinion, it is recommended to be used as a long-term asset, even though in fact the price is for 20$, it takes quite a long time. Maybe later in 2025 when many people are interested on crypto assets.
hero member
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November 22, 2021, 01:00:13 PM
#22
Say if I have $400 in an ETH wallet address.  How can MATIC help me get that to an exchange to sell today?
sr. member
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November 22, 2021, 11:49:53 AM
#21
$20 price can be reached MATIC but of course it takes time, currently MATIC price is around $1.6 and it takes more than 12x to get to $20, if the market is bull run then I'm sure in December it can reach at least $ 5, and in 2022 it can reach $ 20.
legendary
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November 22, 2021, 09:12:50 AM
#20
Polygon (MATIC) is getting the momentum because ETH transaction charges are really high and some of the projects that built their project on top of ETH are now incorporating with the Polygon network because the end user is really tired of spending high transaction fees and anyone who tried to stake the coin knows that they need to spend around $200 to stake and around $200 to unstake, which does not make any sense.

It is hard to predict the price, because there are many projects that are undervalued in the market considering how shit coins rallied, but good projects are always rejected by mainstream investors.

Investors usually follow coins that are "the hype of the moment", leaving quality projects behind in the dust. As long as there's money to be made, nothing else matters. What matters is that Polygon (MATIC) remains useful for the whole wide world to enjoy. Compared to Ethereum, Polygon is extremely cheap and fast to use for dApps. An advantage it has over its competitors is that it relies on the main Ethereum blockchain for security and reliability. This makes Polygon highly scalable without sacrificing decentralization.

$20 per coin may just be the tip of the iceberg as the best is yet to come. For such prediction to become a reality, the crypto market needs to be bullish. All eyes are on Bitcoin as it's the cryptocurrency that moves the market. If it reaches a new ATH, you can rest assured Polygon and other altcoins will do the same. Who knows how far MATIC will go as crypto/Blockchain tech becomes more popular worldwide? Just my opinion Smiley
legendary
Activity: 2842
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November 21, 2021, 04:45:05 PM
#19
I guess it is just a 10x-12x increase to reach those levels, nothing too shocking, even a 15x wouldn't be weird. However I am not saying this because I believe in MATIC at all, this has nothing to do with MATIC. The fact that it only needs a bit over 10x increase means that when a bull rush comes in then things around it will go up that much as well and it wouldn't really be a weird one.

I am not saying that it is impossible for MATIC to have a decent future, I am sure it could have a decent future as well, all I am saying is that it is not really possible to go up that easily versus everyone else and get high rank once again. It is just a very hard period to get hyped and then fail and go down in rankings and then climb back up again so quickly, it is probably unlikely. In any case I have to say it is going to be a bit of a challenge but with a huge bull rush that increases everything, then 20 bucks for matic is possible as well.
sr. member
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November 21, 2021, 02:47:02 PM
#18
polygon have the potential for that. I'm even sure that the current price is too cheap. look at one of the current polygon competitors, solana is already past 3 digits in price. when viewed as a whole this project is good enough to be one of the alternative choices for the current Dapps network.

The Matic coin has the potential to reach $20, but I doubt to say that Matic will reach that price within a year, as currently many investors prefer to invest in the SOL network coin over the Polygon network coin, so it will take much longer for the Matic coins to $20.
hero member
Activity: 2814
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November 21, 2021, 02:23:42 PM
#17
~
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. Smiley
Polygon (MATIC) is getting the momentum because ETH transaction charges are really high and some of the projects that built their project on top of ETH are now incorporating with the Polygon network because the end user is really tired of spending high transaction fees and anyone who tried to stake the coin knows that they need to spend around $200 to stake and around $200 to unstake, which does not make any sense.

It is hard to predict the price, because there are many projects that are undervalued in the market considering how shit coins rallied, but good projects are always rejected by mainstream investors.
hero member
Activity: 2632
Merit: 649
November 21, 2021, 01:51:09 PM
#16
This project is definitely underestimated by the community, the speed of transactions and the price for them are impressive against the background of the same competitors.I personally am satisfied with the price at the moment.I think that the price will go up when most projects switch to their blockchain, only this can cause the price to rise.
sr. member
Activity: 1988
Merit: 283
November 21, 2021, 12:15:32 PM
#15
The current price is still very cheap, wherein very far as well in order to reach reach that value($20), perhaps 5 years there's a potential it will happen in my personal opinion or more, unless if that coin really makes good improvements every year and don't make a massive decline in the price after all.  Because as you can see the graph is really not fine as of now and for sure there will be more corrections below if it didn't respect the current support level..so don't expect too much guys, i mean let's wait for more results instead before we made predictions because to be honest $20 looks too much in just short period of time..
sr. member
Activity: 1526
Merit: 252
November 21, 2021, 11:34:13 AM
#14
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. Smiley

It is possible, especially if Polygon continues to provide many successful projects, then in 1 year maybe $20 can be achieved. But to reach $20 of course requires a large enough market capitalist. At least well-known investors use Polygon as a new alternative medium compared to Ethereum and Bnb which are increasingly expensive. There is still Solana who is hot enough to be a competitor that is no less crowded in the eyes of investors.
hero member
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November 21, 2021, 10:27:21 AM
#13
So polygons are a very low cost network the potential to go up of course is there but it still hits the altcoin season and the possibility of this increase could be drastic in its bullishness, maybe now the costs are cheap because the price is still around under $2 then if the price is $20 it's probably cost gas can go up, so I think it's still cheap and the network is in great demand.

About the increase in one year $ 20 is impossible, not impossible but a little more difficult of course for me this will definitely be achieved considering Polygon is more developed.
full member
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November 21, 2021, 09:15:29 AM
#12
not surprising to me, because the competition is fierce at the moment. So it's normal that polygons get less attention from crypto traders. if asked if the price is likely to break through 2digits or even 3digits in the near future, I'm a little pessimistic about this. because if it doesn't go up high when it's bulls, then there's no chance when the trend is sideways. so it's hard for the current polygon to go up. Moreover, the current price is not too bad, although slowly but MATIC has increased several times.
Totally agree with what you are saying because an increase in the price of a very good coin must occur during a market bullrun, so if at that time a coin like Matic cannot increase sharply, then in a correction condition it will always sink to the bottom price and will hard to bounce back any time soon.
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