Polygon (MATIC) to $20? - page 6. | Bitcointalksearch.org

WatChe

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Quote from: rhomelmabini on February 10, 2023, 10:01:42 AM

Let's always stick to the most possible scenario and $5 for me on MATIC isn't likely a huge feat. Moreover, $20 is not too far-fetched considering the technology of it, the institutional investors behind, there are lot of integration of social medias with the likes of Instagram and a lot more. The anticipated catalyst event for MATIC is their scaling solution ZK rollup and this likely a trend for a year now and likely will make MATIC to break ATHs.

Meta in start of November announced that they will test feature (with limited users in USA) that will allow Instagram users to mint, showcase and sell NFTs on Polygon. The price of Polygon went up after this announcement but never heard that this feature is fully integrated in Instagram or not (correct me if its integrated). Rest Polygon ZK rollup is no doubt innovative and will be the prime reason to take MATIC to 5$ or above.

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Polygon co-founder Mihailo Bjelic wants to bring Zk technology to its main chain. He believes it would ensure privacy, security and integrity of blockchain applications on the main net.
He believes this new scaling technique could make its ecosystem move forward https://www.coindesk.com/learn/what-are-rollups-zk-rollups-and-optimistic-rollups-explained/

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Quote from: WatChe on February 09, 2023, 02:25:07 PM

Quote from: mdzahed134 on February 07, 2023, 03:30:55 PM

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.

Yes I do agree that MATIC price at the moment is 1.26$ and is ranked at number 10 on CMC but that doesn't mean it wont go up to 20$ or above. Remember Bitcoin was once zero dollar likewise there are many Alts that have gone to new heights starting from same value at which MATIC is at the moment. MATIC has established itself as one of major player of DeFi space and its future is very much attached to how Defi market will behave.

Let's always stick to the most possible scenario and $5 for me on MATIC isn't likely a huge feat. Moreover, $20 is not too far-fetched considering the technology of it, the institutional investors behind, there are lot of integration of social medias with the likes of Instagram and a lot more. The anticipated catalyst event for MATIC is their scaling solution ZK rollup and this likely a trend for a year now and likely will make MATIC to break ATHs.

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Quote from: mdzahed134 on February 07, 2023, 03:30:55 PM

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.

Yes I do agree that MATIC price at the moment is 1.26$ and is ranked at number 10 on CMC but that doesn't mean it wont go up to 20$ or above. Remember Bitcoin was once zero dollar likewise there are many Alts that have gone to new heights starting from same value at which MATIC is at the moment. MATIC has established itself as one of major player of DeFi space and its future is very much attached to how Defi market will behave.

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Quote from: samcoin on February 06, 2023, 03:52:41 PM

It's notable that Matic is one of the most pumped coins in every market pump. Alongside with the news, we should consider some facts:
1- Although we are in a bear market, Matic is now the 5th Blockchain protocol in TVL (Total Value Locked).
2- Matic is one of the best assets with regards to development activities in the past two years.

The project development seems to be going on. That proves the team are serious, unlike a lot of projects with high market caps that stopped or slowed down the development of their products.

These metrics tells us there's more to MATIC "than meets the eye". I'm pretty sure this coin will "explode" in price after the next bull market. It might rise all the way to the top 5 ranks in market cap someday. If Solana went to around $200 per coin (even though it's an extremely-centralized and flawed chain), then Polygon (MATIC) could easily hit $20 per coin. Early holders of the coin like myself would become filthy rich if that happens. The cryptocurrency is still trading within the $1 range, so why not take the opportunity to grow your stack of coins for the future?

Depending on how popular MATIC gets, it's possible it could displace Solana as the leading chain for NFTs. Only then, it will compete with BNB as the third-biggest smart contract platform in the world. It won't compete with ETH directly, especially when Polygon relies on the ETH blockchain for security (sort of like a sidechain). With blazing-fast speeds and low gas fees, MATIC has everything it needs to reach mass adoption worldwide. Who knows how far will the cryptocurrency go? Just my thoughts Grin

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Quote from: mdzahed134 on February 07, 2023, 03:30:55 PM

Quote from: rodskee on February 02, 2023, 04:11:57 AM

Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.

No, he didn't compare that two big coins to Matic but he was only saying that these two coins are also rising and we know what can happen when these two giants rose. Yes that's right, other coins can follow up as well, and the reason why Matic's percentage gain looks higher is because matic is much smaller but we shouldn't only focus on the gain. When matic or other smaller coins dump, their dumps are also huge.

Anyway, That's great if matic is the first to hit its ATH. That is still commendable even if it can not reach 20 dollars for now or on the next few months/years. $20 for Matic might still take time and its devs will need to improve their coin more.

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Quote from: rodskee on February 02, 2023, 04:11:57 AM

Quote from: mich on February 02, 2023, 01:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.

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Quote from: Patrol69 on February 07, 2023, 11:28:08 AM

It wouldn't be surprising if Matic reached twenty dollars. Because we have already seen many coins rise from zero. Currently the price of Matic is 1.99 dollars but till now the market price of Matic is very low from which the market has to change a lot to reach 20 dollars. But I think the total supply of matic coin is relatively high as compared to other coins and as a result the value of this coin is not increasing much due to the presence of this coin in the market. But if the total supply can be reduced a little, then I think the market of Mathic will increase a little. However, since ALT coins are dependent on Bitcoin, if the price of Matic reaches 20 dollars, the price of Bitcoin will have to increase a lot. But since nothing is impossible for cryptocurrencies, we can expect the price of Matic to reach $20.

I hurried to check when you mentioned it's 1.99$ Damn dude!
Polygon has technical advantages and strong partnerships with projects and companies. The more reason to believe it will go up I think is because Matic climbed up its rank to the top 10 on CMC which really is just as amazing how the project beats the hyped tokens. Better security and interoperability which developers are saying its easier to launch projects in Polygon with accessible infrastructure.

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It wouldn't be surprising if Matic reached twenty dollars. Because we have already seen many coins rise from zero. Currently the price of Matic is 1.99 dollars but till now the market price of Matic is very low from which the market has to change a lot to reach 20 dollars. But I think the total supply of matic coin is relatively high as compared to other coins and as a result the value of this coin is not increasing much due to the presence of this coin in the market. But if the total supply can be reduced a little, then I think the market of Mathic will increase a little. However, since ALT coins are dependent on Bitcoin, if the price of Matic reaches 20 dollars, the price of Bitcoin will have to increase a lot. But since nothing is impossible for cryptocurrencies, we can expect the price of Matic to reach $20.

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Quote from: Abiky on November 19, 2021, 10:14:50 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.

Year has been passed and matic has not reached to 3$ yet. Now question is why matic. Not reached to 20$ so answer is because of some factor like it's total supply is 10 billion which is very high. Fee is very low but transaction speed is not smooth like other competitive Blockchain.
Because of low fee Miners and liquidity providers cannot make high yield. Investors generally look for this high yield thus they choose Ethereum and other competitive of Polygon and polygon not reached 3$ so far.
Future of this coin is looking good and many big Partnerships we have seen in this previously years. Market condition is also not good. Maybe In next bull we see massive increase in price like Aptos and Sol but it's all depends upon attraction of investors

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Quote from: mich on February 02, 2023, 01:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

It's notable that Matic is one of the most pumped coins in every market pump. Alongside with the news, we should consider some facts:
1- Although we are in a bear market, Matic is now the 5th Blockchain protocol in TVL (Total Value Locked).
2- Matic is one of the best assets with regards to development activities in the past two years.

The project development seems to be going on. That proves the team are serious, unlike a lot of projects with high market caps that stopped or slowed down the development of their products.

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As you know that market is not stable so its hard to predict about the future price but as the Matic is successful token so there is chances of this token to reach to higher price. I think that Matic can go to $20 but it will take time may be few months or year but it will undoubtedly reach to higher value.

Those who desires to hold matic will be definitely in profit. The gas price of Matic fee of matic as compared to other successful tokens are lower and I think that with changes in price there will be no or little change in gas fee

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Quote from: CapGelatik on February 05, 2023, 01:34:37 PM

yes $5 or $6 for Matic might be reached in the bull market, considering that the price of Matic in 2021 reached $2.8 and many investors also entered it,
of course this could keep the price from really dropping below $0.1 and it was proven after the 2021 bull market the automatic price of the correction doesn't fall below $0.1 and now it's slowly starting to rise,
so hold and don't sell it in this bear market.

Better to hold on if you really believing that the price of this project can reach to that level, you can continue to buy those cheap coins
while still waiting for much better value.

Matic can deliver and achieve that goal if the support and the development will continue, most of
the time, the project will gain success if interest still flowing from new and old supporters/investors.

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Quote from: Ibrahim60 on February 03, 2023, 05:30:25 AM

Quote from: ningrum on February 02, 2023, 06:27:30 AM

Quote from: rodskee on February 02, 2023, 04:11:57 AM

Quote from: mich on February 02, 2023, 01:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

Yes, Matic for me is still one of the potential coins and hopefully it can continue to grow,
to be able to reach $ 5 seems not easy and takes a lot of time,
better just follow the development of Matic and let's see in the future later.

I think $5 is possible for Matic but it will need more time to reach this goal. Matic has a good number of community support and developers should work more about this project. It is good time to buy Matic for future. Holding Matic strongly can give us huge profit and I believe it will be rising continuously.

yes $5 or $6 for Matic might be reached in the bull market, considering that the price of Matic in 2021 reached $2.8 and many investors also entered it,
of course this could keep the price from really dropping below $0.1 and it was proven after the 2021 bull market the automatic price of the correction doesn't fall below $0.1 and now it's slowly starting to rise,
so hold and don't sell it in this bear market.

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Quote from: mich on February 02, 2023, 01:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

Wasn't Bitcoin's "pump" to $24k, the cause of MATIC's increase in market price? Every other altcoin seems to be in the "green zone" after BTC reached $24k. Besides, MATIC is still far from the predicted price of $20 per coin. Unless the Polygon chain gets the attention of big investors and traders alike, don't count its native cryptocurrency reaching the "double digits" anytime soon.

At least, Polygon is alive and healthy as ever. Fees are dirt cheap, while transactions are blazing-fast. It's a much better alternative than centralized chains such as BNB or Solana. Considering that some companies have launched NFTs on the Polygon chain, demand for the cryptocurrency will remain high for quite some time. The sky is the limit to how far MATIC will go. As long as it stays decentralized, there should be nothing to worry about. Just my thoughts Grin

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Quote from: ningrum on February 02, 2023, 06:27:30 AM

Quote from: rodskee on February 02, 2023, 04:11:57 AM

Quote from: mich on February 02, 2023, 01:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

Yes, Matic for me is still one of the potential coins and hopefully it can continue to grow,
to be able to reach $ 5 seems not easy and takes a lot of time,
better just follow the development of Matic and let's see in the future later.

I think $5 is possible for Matic but it will need more time to reach this goal. Matic has a good number of community support and developers should work more about this project. It is good time to buy Matic for future. Holding Matic strongly can give us huge profit and I believe it will be rising continuously.

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Quote from: rodskee on February 02, 2023, 04:11:57 AM

Quote from: mich on February 02, 2023, 01:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

Yes, Matic for me is still one of the potential coins and hopefully it can continue to grow,
to be able to reach $ 5 seems not easy and takes a lot of time,
better just follow the development of Matic and let's see in the future later.

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Quote from: mich on February 02, 2023, 01:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

mich

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Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

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Quote from: kapalmabur on January 15, 2023, 07:49:14 AM

currently the price of Matic is still below $ 1, which means it is very good for us if we want to invest in Matic,
there is no denying that Polygon is one of the altcoin projects that might be able to replace Solana,
especially now that Solana is in a bad issue and makes the price SOL is really a dump, so it's a great opportunity for Matic to reach the top 10 marketcap.

Matic will easily and surely be able to rank in the top 10, the opportunity is very open. currently the price of Matic is $ 1.12 and of course it needs constant surprises to get close to the achievement according to the last ATH, if you really want it there will be a very high achievement of up to $ 20.
hope that during the bull market period, if Matic are able to get close to the last ATH then this opportunity will open up, right now the focus on continuing to buy and store it is a very wise move for potential coins.

Topic: Polygon (MATIC) to $20? - page 6. (Read 5840 times)