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Topic: Polygon (MATIC) to $20? - page 7. (Read 5883 times)

legendary
Activity: 3780
Merit: 1418
January 28, 2023, 01:37:36 PM
Nice little bump up this past month.  It's been stuck under a dollar usd for awhile.  I know it doesn't mean anything for the long run but the physiological threshold of passing $1 is always an important one.  Will be watching this closely over the next couple months we could possibly see a little run here.
legendary
Activity: 2982
Merit: 1028
January 24, 2023, 03:23:43 PM
I feel like alternative coins like Matic should do lot more to beat Ethereum in next bull run. Ethereum development is far rapid than all other alternatives. And there are more competition between blockchain projects like Polygon, Avalanche, Cosmos and even Solana. Some of these may fail. Even they are like they MUST fail because its unnecessary to have like 3-4 different layer 2 options. I still think Polygon will survive longer than Solana so Matic has 1 more take, next bull run will decide its fate.

We don't know what will happen next with the expected bull run and with how Maic still exist, the chance that it will be pumped that hard is still possible, though it's going to depends from how investors and traders will hold.

The future of this coin will remain positive as the system still gaining interest from developers,
competion might be tough but the chance for holders will be positive to see good benefits once
the strong bull dominate back the market.
full member
Activity: 2590
Merit: 228
January 23, 2023, 09:40:11 PM
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
maybe the question is in general meaning even how long it could take but at least reaching 20$ is what OP wanted to hear .

but what i do believe? is that in 5 years time possibilities are there for matic.

and I'm sure this will be part of their plans mate , Matic team is there to provide for their users and supporters and burning is one way to prove them about being concern from their investing .
the Team is working for everything they can bring their supporters so why need to make it an issue when the investors are truly waiting for this to become reality , matic price will only increase once this is coming to this way.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 19, 2023, 06:25:55 AM
If bitcoin goes to 100k or 200k why polygon going to $20 is crazy.  In bitcoin bullruns altcoins sometimes take a dramatic step up (and likewise on the way down).  Saying anything in usd is crazy is in fact....crazy!  If you told me before the last bullrun doge would even sniff $.01 people would have said you were crazy and look it blew that away.

It's not impossible for MATIC to reach the "double digits" especially when BTC drives the whole crypto market. If BTC goes to the moon, you can rest assured MATIC and other altcoins will do the same. We're already seeing increased signs of adoption for the Polygon blockchain, so it should only be a matter of time before it becomes a "force to reckon with".

Compared to Solana, Polygon is not driven by hype but rather on delivering concrete results to the public. By focusing on what matters most, Polygon could last a lifetime. We should take advantage of the bear market to buy and "hodl" as much MATIC as we can. Who knows if acting early would lead you towards huge profits in the future? Just my thoughts Grin
legendary
Activity: 2436
Merit: 1366
January 17, 2023, 02:40:02 AM
I feel like alternative coins like Matic should do lot more to beat Ethereum in next bull run. Ethereum development is far rapid than all other alternatives. And there are more competition between blockchain projects like Polygon, Avalanche, Cosmos and even Solana. Some of these may fail. Even they are like they MUST fail because its unnecessary to have like 3-4 different layer 2 options. I still think Polygon will survive longer than Solana so Matic has 1 more take, next bull run will decide its fate.
legendary
Activity: 2982
Merit: 1028
January 15, 2023, 03:19:33 PM
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.

There's a big chance that Matic will be able to reach the top 10 but still depends from how the develpoers will manage to attract supporters and investors.

We can all speculate but the actual movement will rely with how the team will gain the attention of
those possible investors to bring their investment, if you have that trust with Matic then its a good
time for you to buy and store while waiting for the big pump.
sr. member
Activity: 2002
Merit: 250
January 15, 2023, 06:49:14 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.
sr. member
Activity: 952
Merit: 274
January 15, 2023, 04:07:45 AM
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
That is true, there are so many altcoins offering the same features to adopters that it becomes a big competition where no one is able to outstand among others at all, so ETH continues ruling the altcoins market. MATIC seems a solid altcoin, and might be a promise for the next bull run, although being realistic I wouldn't expect more than the price range it has already hit on the previous ATH, so there is a 300% profit potential ahead, while with bitcoin there is a 400% profit potential ahead to its previous ATH level. Considering this, I think Bitcoin is still a more reliable alternative, because the risks are lesser, while proportionating superior profit chance.
Polygon is one of the market leaders in 2023, you can see that the bottoming pattern of MATIC already happen 3 months ago. The price of the MATIC is also near the All time high so it only means that a lot of investors and traders are now getting MATIC as early as of today. Something is good in MATIC so I hope that the price will keep increasing in these following weeks and months. My bias is really good in MATIC but we have still long way to go so better to manage our expectations for us to not have high hopes regardomg the Polygon. Chart is still the king and risk management is the queen.
legendary
Activity: 2982
Merit: 1028
January 14, 2023, 03:40:58 PM
Q2 upcoming eth sharding wil kill matic if they didnt expanding current tech, and many similar projects gonna less popularity specially layer2 only projects, they need evolve, web3 hype emerge next cycle for gaining attraction for real use case beyond crypto world
I'm sure his team has thought about this in terms of developing technology,
because if there is no movement at all it is not impossible it will be abandoned,
We'll see and follow the developments in the future.

They should act and move while the market is now gaining some good movement, if they will not do anything supporters may abondon them find for new or any old assets that can generate good profits.

We should wait and give the team/developer time, if they have good future plan to attract more
users and other developers, the value will still pump back. Only time will tell if what update
can trigger the big pump for this asset.
full member
Activity: 1610
Merit: 103
The OGz Club
January 13, 2023, 11:02:14 AM
Q2 upcoming eth sharding wil kill matic if they didnt expanding current tech, and many similar projects gonna less popularity specially layer2 only projects, they need evolve, web3 hype emerge next cycle for gaining attraction for real use case beyond crypto world
I'm sure his team has thought about this in terms of developing technology,
because if there is no movement at all it is not impossible it will be abandoned,
We'll see and follow the developments in the future.
legendary
Activity: 1762
Merit: 1002
January 13, 2023, 12:20:35 AM
Q2 upcoming eth sharding wil kill matic if they didnt expanding current tech, and many similar projects gonna less popularity specially layer2 only projects, they need evolve, web3 hype emerge next cycle for gaining attraction for real use case beyond crypto world
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
January 12, 2023, 01:55:52 PM
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
That is true, there are so many altcoins offering the same features to adopters that it becomes a big competition where no one is able to outstand among others at all, so ETH continues ruling the altcoins market. MATIC seems a solid altcoin, and might be a promise for the next bull run, although being realistic I wouldn't expect more than the price range it has already hit on the previous ATH, so there is a 300% profit potential ahead, while with bitcoin there is a 400% profit potential ahead to its previous ATH level. Considering this, I think Bitcoin is still a more reliable alternative, because the risks are lesser, while proportionating superior profit chance.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
January 11, 2023, 06:14:21 PM
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
maybe it's because bearish, honestly there are many coins that isn't having some rise like even eth and bnb, they just stuck same with matic.
even like that they have higher chance of rising that other coins in general because it's the one that has significant growth compared with other coins of the same niche.
even before beraish arrives, matic was about to break out and make some good increase but it was getting cancelled out quite literally by bearish and collapses of many platforms.
legendary
Activity: 3780
Merit: 1418
January 11, 2023, 05:38:37 PM
Even $20 in 5 years sound unrealistic. Just look at numbers. MATIC historical ATH was about $3. It was during times when Bitcoin cost more than $65k. And someone in clear mind expect MATIC price to be 7 times higher? Then what is going to be Bitcoin or other top altcoin prices? We havent reached ATH, and dont forget about 4 year price cycles. Or someone really thinks that MATIC price will grow itself, across whole market? That is never going to happen. I will have a more believe that new blockchain will be released, that will take MATIC position, then MATIC price to reach $20.

Hitting $20 is really unrealistic and attaining this value could take more than that years. I would say that MATIC will surely hit $5 - $10 once the Bullrun or BTC spikes upward again, and if there is a new blockchain that will pop-up on the cryptomarket then it will be a game-changer and lots of competitors that will also depend on the trend like NFTs.

If bitcoin goes to 100k or 200k why polygon going to $20 is crazy.  In bitcoin bullruns altcoins sometimes take a dramatic step up (and likewise on the way down).  Saying anything in usd is crazy is in fact....crazy!  If you told me before the last bullrun doge would even sniff $.01 people would have said you were crazy and look it blew that away.
legendary
Activity: 3220
Merit: 1363
www.Crypto.Games: Multiple coins, multiple games
January 11, 2023, 02:17:47 PM
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.

It's only been two years since I've last created this thread. Yet, MATIC's price has performed terribly bad during the course of 2022. You can thank the deteriorating global economy for that.

I believe this year won't be any different, especially when there's a lot of negativism surrounding the crypto/Blockchain space (FTX collapse, Terra/LUNA crash, etc). Just wait until the tide is over and MATIC could easily hit the "double digits". After all, renowned companies are launching NFTs on the Polygon blockchain (such as Coca-Cola, Disney, and even Donald Trump himself). These are signals of increasing adoption for the MATIC cryptocurrency. If you buy coins now, you could easily cash out big time once the bull market turns bullish again. Who knows if MATIC goes to $20 sometime in the future? Just my thoughts Grin
sr. member
Activity: 1372
Merit: 264
January 11, 2023, 01:06:08 PM
Even $20 in 5 years sound unrealistic. Just look at numbers. MATIC historical ATH was about $3. It was during times when Bitcoin cost more than $65k. And someone in clear mind expect MATIC price to be 7 times higher? Then what is going to be Bitcoin or other top altcoin prices? We havent reached ATH, and dont forget about 4 year price cycles. Or someone really thinks that MATIC price will grow itself, across whole market? That is never going to happen. I will have a more believe that new blockchain will be released, that will take MATIC position, then MATIC price to reach $20.

Hitting $20 is really unrealistic and attaining this value could take more than that years. I would say that MATIC will surely hit $5 - $10 once the Bullrun or BTC spikes upward again, and if there is a new blockchain that will pop-up on the cryptomarket then it will be a game-changer and lots of competitors that will also depend on the trend like NFTs.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
January 10, 2023, 01:02:08 PM
Polygon future is looking so glorious and I feel that 20$ is not big target for Matic. Once when matic was $2+ there was very high chances for Matic to hut 5$ but Market bad behavior let it calm down. We have seen many NFt and gaming Usecase for Matic. Low fee is another sticky point then investor will attract to hold it and add liquidity and used it for staking purpose. It is possible to reach 20$ before 2025.
sr. member
Activity: 1372
Merit: 252
January 06, 2023, 02:03:29 AM
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
it's because we are still in bearish doesn't matter how good of a coin is, if the trend is bearish it could hardly increase in value, matic has shown some breakouts many times yet it just could go against the waves and increase in the middle of bearish, it always comes back to the trend again. I'm sure once the trend is changing its value could easily rise. there has been rumoured that matic has the flow of big invesments coming in to the coin yet that does nothing.
That's how it is and besides that we also don't know when the bear market will end,
maybe it will continue even though we also hope bullish can come in the near future,
to make it clearer, let's just follow the progress
legendary
Activity: 2982
Merit: 1028
January 05, 2023, 04:38:04 PM
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
it's because we are still in bearish doesn't matter how good of a coin is, if the trend is bearish it could hardly increase in value, matic has shown some breakouts many times yet it just could go against the waves and increase in the middle of bearish, it always comes back to the trend again. I'm sure once the trend is changing its value could easily rise. there has been rumoured that matic has the flow of big invesments coming in to the coin yet that does nothing.

That's valid since we are still in the bearish season, the coin will have the hard time to pump as investors and traders will just simply sell what they've got if there's a pump that will be initiated.

We don't know when and how high Matic will be pump but the chance of having decent value
in the future is still positive, it's just a matter of understanding and trust regarding to coin
and how the developers will deliver in the next market bull run.
member
Activity: 136
Merit: 11
January 05, 2023, 09:23:21 AM
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
If the price is going as it was in early 2021, we would say $20 price per matic is possible. But now, people looking into certain factors such as current market cap, current circulating supply and fully diluted market cap at the present and the projected price before investing on a coin or token. Matic at $20/matic means the fully diluted market cap will run into $200B. I doubt that is attainable with the team buying back and born a very huge percentage of the total supply of which over 87% is now in circulation. I doubt any double digits price is attainable by matic in the next 2 years.
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