Polygon (MATIC) to $20? - page 4. | Bitcointalksearch.org

kapalmabur

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Quote from: Boomber on April 22, 2023, 01:44:20 AM

of course I'm sure if the price of Matic can reach $20, because for now I think the gas fee from Matic is very low and transactions using the blockchain from Matic are also very fast, besides that you can also staking Matic that you have with a good APY, so that can make investors even more interested to investing in Matic and I'm sure if the next bullrun occurs, then the price of Matic can definitely reach $20.

Even if you feel confident, but again I think it's necessary to think realistically,
indeed Matic is one of the potential altcoins but it will take time to reach $20,
what is clear is that anything can happen and let's see in the future.

HONDACD125

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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.

Wherever we talk about smart contract blockchain, we definitely see this How many Dapps are being created among them?Because that is what will decide how much it will increase in value. And the second important thing is development ,There have also been developments in Polygon matic And many new dapps have also come. And secondly, polygon matic is getting better and better.If we look at its development, it will reach its all-time high very soon.It is a crypto that people have bought in good quantity.Price prediction experts are predicting it to go up to two dollars in 2023.

Its developers say they see PolygonMatic among the top three cryptos.If we look at this point of view, polygon matic can make it to the top 3.And to say that it could cost as much as $20 would be possible.But at the same time we have to be careful where we become overconfident and we face difficulties.There will be difficulties in the way of Matic too but it is going smoothly towards its target and according to the developments it will cross its target.

RussianEnglishTranslation

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Quote from: Hallroom on April 13, 2023, 06:26:40 AM

I don't think Matic will ever grow as stable as it has started. When all other points increase in price, the matic is not increasing in price at all. I invested in Matic in February at 1.29 dollar but now I am currently facing a lot of losses. Even though the price of Bitcoin is increasing, the price of Matic is not increasing, so I don't think it is possible for Matic to ever hit $20.

Matic can hit 100 dollars, it has great partnerships, real utility, and is technically much better than Ethereum. The only thing that worries me about MATIC is that Binance controls so much of the supply and that the multi-sig is held by a small group of people in the same area in India. What if they rug? For me, I prefer investing in projects that are new like Q Blockchain and Shardeum, they have much more upside.

jacafbiz

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Matic is losing its edge in the L2 game, thanks it was able to position itself early as a strong L2 player but the influx of new solutions coming to the space is giving it a ride for its money. The issue with Polygon is that it wants to be a standalone blockchain and also a L2 solution. For the price I don't expect much from the price of Matic going forward the narrative to pump the price has played out already, and I will rather bet on a new L2 like $Arb that has not pumped a lot and has the potential to hit the market cap of Polygon which is 10X from the current price level than invest in Matic token

Boomber

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of course I'm sure if the price of Matic can reach $20, because for now I think the gas fee from Matic is very low and transactions using the blockchain from Matic are also very fast, besides that you can also staking Matic that you have with a good APY, so that can make investors even more interested to investing in Matic and I'm sure if the next bullrun occurs, then the price of Matic can definitely reach $20.

nimogsm

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Quote from: kevinzxz on April 18, 2023, 07:52:49 PM

for the price of Matic to $ 20 it might happen, but it will take a long time, because I'm sure if the next bullrun occurs, then the price of Matic might only reach $3-$5 or the highest price can reach $8-$10, therefore if you want to wait for the price of Matic to reach $ 20, then you have to be patient and hold for the long term, because I'm sure in the future the price of Matic can definitely reach $20 (although it will take a long time).

I have about the same price predictions.I think the whole altcoin market will be greatly changed after the Bitcoin halving and then many alts can show a good increase in price. Matik has a token burning program and it will only be a plus in the future,but it takes years to burn a lot of tokens, so even the price of five dollars will depend on many factors.

kevinzxz

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for the price of Matic to $ 20 it might happen, but it will take a long time, because I'm sure if the next bullrun occurs, then the price of Matic might only reach $3-$5 or the highest price can reach $8-$10, therefore if you want to wait for the price of Matic to reach $ 20, then you have to be patient and hold for the long term, because I'm sure in the future the price of Matic can definitely reach $20 (although it will take a long time).

Abiky

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Quote from: Hallroom on April 13, 2023, 06:26:40 AM

I don't think Matic will ever grow as stable as it has started. When all other points increase in price, the matic is not increasing in price at all. I invested in Matic in February at 1.29 dollar but now I am currently facing a lot of losses. Even though the price of Bitcoin is increasing, the price of Matic is not increasing, so I don't think it is possible for Matic to ever hit $20.

That's because it isn't "altcoin season" yet. Bitcoin is getting all of the attention because of the recent collapse of major banks in the US. It's being considered by investors as a safe-haven asset from this crisis. But the real "pump" will happen right after the BTC halving of 2024. MATIC holds a very bright future ahead of it, considering that big names are heavily invested in it.

For the cryptocurrency to retain high prices for long, developers must introduce a burning mechanism into the protocol. Otherwise, don't expect much from it in the future. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. As long as Polygon (MATIC) does the job it's supposed to, there should be nothing to worry about. Just my opinion

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Quote from: Hallroom on April 13, 2023, 06:30:05 AM

If there is no good news on Matic Coin, its price will never rise to a good level. Because the supply of matic coins is high, there is a large amount of coins available to holders. So even if it's in the top ten coins in this market and in the future and coin marketcap, I think it's not possible to be $20. Because to be 20 dollars, there must be a lot of good news and the supply must be reduced.

As long as Reddit avatars will be using matic it will have future, but i wouldn't count on them keep using it when better opportunity arrives. I don't think it's news that would carry this token as they already had their share of it. But i totally can see reddit carrying this to ath onc again (unless reddit figures out a better nft solution).

Hallroom

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Quote from: newdevices on April 11, 2023, 03:56:03 PM

there is still a long way to go to reach $ 20 for matic, because the New Year's price in 2021 is at $ 2.8,
I am more realistic if Matic reaches $ 10 in the next bullish, because $ 20 for matic for me is something that will be difficult to achieve,
especially now that matic is in the top 10 coinmarketcap.

If there is no good news on Matic Coin, its price will never rise to a good level. Because the supply of matic coins is high, there is a large amount of coins available to holders. So even if it's in the top ten coins in this market and in the future and coin marketcap, I think it's not possible to be $20. Because to be 20 dollars, there must be a lot of good news and the supply must be reduced.

Hallroom

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I don't think Matic will ever grow as stable as it has started. When all other points increase in price, the matic is not increasing in price at all. I invested in Matic in February at 1.29 dollar but now I am currently facing a lot of losses. Even though the price of Bitcoin is increasing, the price of Matic is not increasing, so I don't think it is possible for Matic to ever hit $20.

newdevices

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there is still a long way to go to reach $ 20 for matic, because the New Year's price in 2021 is at $ 2.8,
I am more realistic if Matic reaches $ 10 in the next bullish, because $ 20 for matic for me is something that will be difficult to achieve,
especially now that matic is in the top 10 coinmarketcap.

rodskee

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Quote from: libert19 on April 10, 2023, 10:46:44 PM

$20 o_O, I think couple bull markets more.

guess so, not even this coming Bull will help Matic become 20 dollars as it is far high to expect for its potential , I believe that Matic is a good project that exist but the thing here is less support coming for the Polygon project.

Quote from: barhavsky on March 31, 2023, 10:45:57 PM

I'm a fan of Matic and I don't think we should hope for $20, but we better hope for Matic to reach $15 first, because I think $15 is a realistic price (5x from ATH price), so I think it's more likely to happen if the next bull run comes, although I also hope that the price of Matic can increase at least $20.

seriously? 15$ first? lol of course it will cross 15 before hitting 20 , nice spam here.

https://coinmarketcap.com/currencies/polygon/

look at the price now and maybe you can see how long it will take before crossing even 15.

libert19

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$20 o_O, I think couple bull markets more.

barhavsky

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I'm a fan of Matic and I don't think we should hope for $20, but we better hope for Matic to reach $15 first, because I think $15 is a realistic price (5x from ATH price), so I think it's more likely to happen if the next bull run comes, although I also hope that the price of Matic can increase at least $20.

topman21

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

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.

Polygon is undoubtedly a very good coin. It has huge popularity. However, this Polygon platform is growing in popularity. This polygon will move into a good position if the Bitcoin market continues to grow significantly. Because currently all the coins rise and fall is based on the Bitcoin market. If the team can generate good news then surely Polygon can stay at $20.

Abiky

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Quote from: eaLiTy on March 19, 2023, 03:08:33 PM

The total supply is 10 billion and it is an impossible target even if the market is rallying for a while but like you mentioned if the developers plan to burn the coins then it will reach those expected valuations, if not it is really an impossible target to reach unless you have some promoters like Elon who rallied the Dogecoin market but highly unlikely in this financial situation on a global scale.

MATIC went well above $1, but it's still struggling to reach the "double digits". The on-going bear market and the coin's circulating supply is what's limiting its ability to go all the way to the moon. Unless developers start burning tokens, don't expect MATIC to go anywhere soon. Maybe MATIC holders will take matters into their own hands by doing the "burning process" themselves?

No matter what happens in the long run, Polygon (MATIC) will survive as long as it remains decentralized and censorship-resistant. It's actually much faster and cheaper to use than ETH, so demand will likely remain high for quite some time. Who knows if it lasts for generations? Just my thoughts Grin

DOH!

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I think matic will be hard to reach 20$, matic will have the next strong opponent to overcome that is arbitrum. A real boom for class 2 - it is creating a huge catalyst in the airdrop, very high volume and frequency as well as the efficiency of the referee. I think arbitrum is a strong candidate for layer 2 spaces and will most likely overtake matic and OP in the future. users will have a trusted place to allocate assets there, so matic will have a hard time keeping the position and price increases to 20$ will be impossible and i strongly doubt it.

eaLiTy

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Quote from: Abiky on March 08, 2023, 10:36:16 AM

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If we consider the current circulating supply, then yes, it's impossible for MATIC to reach such a high price. But what if developers introduce a "burning mechanism"? Then MATIC would become scarcer, greatly contributing towards higher prices in the future. Even if no changes are made, MATIC could still reach $20 if the crypto market continues on a bullish trend. The sky is the limit to how far MATIC will go in terms of market price.

The total supply is 10 billion and it is an impossible target even if the market is rallying for a while but like you mentioned if the developers plan to burn the coins then it will reach those expected valuations, if not it is really an impossible target to reach unless you have some promoters like Elon who rallied the Dogecoin market but highly unlikely in this financial situation on a global scale.

yohananaomi

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Quote from: Pamadar on March 18, 2023, 05:47:58 PM

Quote from: yohananaomi on March 17, 2023, 01:54:19 PM

Quote from: Mozzart on March 13, 2023, 04:34:50 PM

Quote from: errorcode99 on March 11, 2023, 02:28:07 PM

Polygon is a great side-chain coin that could see the price move upwards provided more utility is used! If polygons start to grow and add more use cases outside of the side chain, the crypto community may price polygons more in value.

I agree with you that more and more projects are starting to work with this particular chain,since the commissions in the network are really very small,which is very attractive for developers to create new projects.

it is not easy to be able to compete even though the fees charged are very attractive and very coveted, because the competition is very tight and you can be sure to give your best, in this very tight competition.
but when it comes to the increase I might agree that one can also get the portion but not as big as expected, the value is too high and it is not easy to achieve it, although no one can be sure and there will always be a possibility.

No one can conclude that I agree. The only thing that you can do is try harder to anticipate the market. We never know when this market will pump Matic or when it will dump it down.

The potential will continue to be positive as we are seeing good bounce from Bitcoin and most of the time,
when the market like this shows good run, the chance of alts is great.

That's right, mate, it's really hard to tell when the market will start pumping, maybe even the opposite. but sometimes repetition cycles often occur and from experiences like that we are able to estimate and but the exact time cannot be ascertained with certainty.
indeed at this time bitcoin seems to be heading for improvement, although it is still very doubtful whether this will indeed continue to improve or is it just a temporary surprise. but it's true that if bitcoin improves, it's certain that Alt will be affected by this and will improve too.

Topic: Polygon (MATIC) to $20? - page 4. (Read 5883 times)