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Topic: Polygon (MATIC) to $20? - page 29. (Read 5883 times)

full member
Activity: 1064
Merit: 101
HELENA
November 21, 2021, 07:39:21 AM
#11
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

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.
legendary
Activity: 1918
Merit: 1122
Leading Crypto Sports Betting & Casino Platform
November 21, 2021, 04:28:32 AM
#10
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
My analyses is not think Matic will reach $20 but it is possible to reach $5 for long term. But since all blockchain tokens have a lot of value like ETH, BNB, WAVES, maybe the price of a metic can be as high as $20 a future day.
hero member
Activity: 2184
Merit: 599
November 21, 2021, 03:14:02 AM
#9
I do think so. When polygon reaches 20 bucks and the valuation will be around 200 billions and that's far above the current valuation of BNB.
If the market cap of polygons can reach 200 billion, of course BNB is also much bigger than that, man. Reaching a price of $ 20 for MATIC is not impossible, if next year the market is very bullish I think it is possible.
hero member
Activity: 2030
Merit: 578
No God or Kings, only BITCOIN.
November 20, 2021, 09:35:16 AM
#8
Not that bad but I guess not that fast as well. Reaching that height might be plausible but it may need more extensive hypeand demand, I know how convenient polygon is but to reach it by a year seems still skeptical. I think reaching at $7 or even $10 is still the possibility even the bull market may hapy later this year or by early next year, only if an alt season happens imo.
member
Activity: 252
Merit: 45
November 20, 2021, 09:33:21 AM
#7
MATIC is a crypto full of surprises. The move from the $0.26 level to the $1.6 level is a remarkable move. The recent demand for ERC-20 in transfer transactions will provide MATIC with an important position in the future. 1 year later, I think it might be around $16.
hero member
Activity: 1946
Merit: 502
November 20, 2021, 08:34:57 AM
#6
anything can be possible ,matic has potential in the future and $20 is not an expensive price ! but IMO the cheap gas fee are accompanied by the price on the coin itself ! when ethereum was still at a low price people said the gas fee for ethereum was also low ,over time the price became high and gas fee also went up ! if i'm wrong please correct me

I think most of this other smart contract projects already learned from eth and won't end up like eth, I think even if the matic price increases up to $20 in the future the gas fees may not be as high as that of eth, otherwise it will be  repeating the same thing in another chain,
However, low gas fees is not enough to shoot the price up, more work needs to be done and more projects need to be launched in the network as well as good marketing.
hero member
Activity: 2156
Merit: 531
November 20, 2021, 04:33:05 AM
#5
anything can be possible ,matic has potential in the future and $20 is not an expensive price ! but IMO the cheap gas fee are accompanied by the price on the coin itself ! when ethereum was still at a low price people said the gas fee for ethereum was also low ,over time the price became high and gas fee also went up ! if i'm wrong please correct me
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
November 20, 2021, 02:35:27 AM
#4
It could happen next year since Matic has more time to grow and invite more investors to support them. But it is still difficult to compete with the other projects as the other projects will do the same. If Matic can grow fast this year and next year, I guess the price will not just increase to $20 but it could be more than $100 as Matic has not achieved all of its goals. So we should give Matic more time to develop more and achieve their goals because it is not easy to reach their goals in a short time.
full member
Activity: 1204
Merit: 102
November 20, 2021, 01:16:22 AM
#3
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

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.
hero member
Activity: 2954
Merit: 533
Leading Crypto Sports Betting & Casino Platform
November 19, 2021, 06:28:08 PM
#2
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
I do think so. When polygon reaches 20 bucks and the valuation will be around 200 billions and that's far above the current valuation of BNB. The fact that if polygon can't still surpass BNB in terms of demand and usability. that price would be making polygon an overvalued coin. i guess $5 is still possible but i doubt about polygon can reach 20 bucks. Polygon has been getting surpassed by solana. That proves that polygon needs to do another development to bring more utility to the its token to be able to compete with other tokens like BSC and Solana. I don't say that would be impossible as ADA was also going up even without developing a product. it's only selling speculation.
Polygon is still undervalued at this moment and im seeing more developers are starting to see polygon as the best blockchain to launch their NFT and gaming platforms.
BSC was good but that already flooded with shit token.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
November 19, 2021, 09:14:50 AM
#1
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
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