Bitcoin Forum

It's very obvious matic is leader among all cryptos ATM
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Polygon team partnered with big companies including Disney and I think Amazon also?

$1.27 I think was the peak of the MATIC this week and has dropped. It's a good run, and holders staking on Binance had been sharing thier PnL up to $1200 a day, which is a tremendous earning in just a day. Hope to see it bounce again as it had not reached its ATH of the week chart. The FTX fiasco made the recovery break off though.

But it's really unstable. There will be many small problems with long-term use. The stability of the entire experience also needs to be optimized, otherwise the experience will be too poor, and encrypted users need to be stable and secure.

I don't get it, why do people do not come up with a solid reasoning for their statements anymore? You can say whatever you want to say, it is your right and you should do whatever you want to do, however wouldn't it be more reasonable if you just came up with "why" you think like that?

If you think matic is leading all alts, I can point out that ETH, BNB, XRP, ADA, DOGE all of these are still above it in market cap. If it is only about the past 7 days increase then OKB is doing better too and many lower level ones if we are looking at that. So, just because there is a coin that went up a little bit doesn't make it lead anything, I am sure I could find some low cap coin and buy 10k dollars worth of it and make it go up %500 easily, doesn't make it any better.

That is a good move for polygon Matic network, with a big partners that are coming into the chain, which make it more stronger, and beside, matic token is good to invest for future profits base on the current price of matic at less than 1 dollar per token, but it have future use-case platform that can make the price skyrocket soon or next bull run market.

  - Matic(polygon) is undeniably one of the best investments in cryptocurrency today when it comes to the long term, even in the short term it can also produce us a profit in our daily lives. But I can't say that Matic is the leader in the altcoins market.

It's just that Dogecoin is a class of meme coins but its marketcap is around 10-11B$+( https://coinmarketcap.com/currencies/dogecoin/ )
Whereas Matic's markecap is at 8B$ almost only according to CMC (https://coinmarketcap.com/currencies/polygon/)

Since FTX has been investing small amounts of money into polygon and this can't be dumped like solana. That's why people having faith in polygon. The recovery that happened in polygon is really fast at this moment compared with another project.
It's caused by polygon has been trying to expand its ecosystem.

The cooperation with meta has proven if polygon must be consired as a very good project. i don't even se any layer 1 project that was making big partnership with major company. I would not be surprised if matic can recover really fast compared with another project in the crypto ecosystem.

Matic is still on fire despite the dump that already happened in the market. Matic would be very big in the future.

I'm also looking forward to his rebound, I'm a long-term holder of MATIC for three years. The operation of MATIC is very good, and the data is also very good. In my heart, she is the handsome star.

i do not know if this is just me, but matic team has done incredible work in the past few months. From making matic network an nft hub through reddit nft events, phaver lens nft event and more on the matic network. These has caused the chain to grow tremendously than previously expected, and the reality is that it can only grow bigger

How and why?

I'm taking a look at it and I can say that it didn't moved that much during the all time high. And while we're in a bear market, the price of it is just half from its ATH.

And that means to say that it's still got a lot of room to improve when the bear market's done. But I want to hear more about this project before someone has finally convinced me to get some of it.

I have been trading MATIC since its price was few cents and it never disappointed me. Even during the bear market it didn't fall as much as other alts did because the team behind it has done wonderful job by developing its strong use case. Now it is being used in all sectors of crypto from DEFI to NFTs and because of its minimal transaction fee ,it remains a preferred choice of traders.

Matic was pumped when Meta ( previously known as Facebook) announced that they would be using the Polygon network for its upcoming in-app NFT minting feature.

https://decrypt.co/113565/matic-jumps-instagram-polygon-nft-minting

Now everything is back to normal, and yeah it's dropping.

MATIC has a lot of reasons to be bullish. The Polygon network is pretty great and their partnerships seem to expand almost daily with some of the largest brands in the world. I like where MATIC is going a lot but I feel like it had such a massive explosion in value it will take some time before the coins get distributed enough to be fair. Right now it seems like a few players are still sitting on massive gains that need to be realized.

Yeah, looking at its chart. Despite and the fact that we're in a bear market, its chart is performing well and didn't plunge a lot unlike most of the crypto in the market now.

Are there other impressive things about it aside from those that you've mentioned that it's now being used in those things, into defis and nfts? Because those two are also being hit by the bear market.

indeed coin matic is very great, and I see the price of matic is now starting to get higher, and uniquely even during a bear market, but in my opinion the coin matic is still not falling too much and even though the price is falling it returns very quickly to its original price. means this shows that coin matic is really of good quality.

For some reason MATIC has been performing really well in the recent dump due to FTX collapse.
Right before this collapse MATIC was gaining in price and gave decent returns.
Right now MATIC is at $0.94 which is a good price to get in since before the dump it was around $1.23
Considering the prices will recover soon it would generate good returns in the short term.

trusting altcoins is very dangerous even when it has some use it is still dangerous to trust altcoins, people when they read some good news about an altcoin they rush to buy that altcoin and when days go by after the news they start selling the altcoin and the price of the altcoin altcoin drops a lot, this is the only altcoin function


I don't know whether or not it has partnerships with these big companies, but the point is that even when an altcoin partners with these big companies, those big companies are just using the altcoin technology, they're not using the altcoin, so why do people think the altcoin price should go up like that? if companies were accepting altcoin payments then it might make sense for people to believe that the altcoin price could go up

At the end of this year (2022), among the other altcoins, it is indeed MATIC that is experiencing development. Moreover, recently MATIC collaborated with AMAZON and Intel in developing the metaverse terminal.

At least, the cases that happened to other coins like FTX didn't really impact MATIC. But still, the price of coins in the market is difficult to predict.

First, we should DYOR, just because some project is going up right now, that it could sustain it's run and be the leader in the altcoin market.

Still ETH for me though, as the obvious leader in Altcoin market, there are a lot like BNB and ADA that you can compare to Matic rise, but the question is the sustainable and how Matic will maintain it's price. We all know that the altcoin market has a lot of risk involved, pump and dump, so very hard to invest on something that will continue to grow at this bear market.

It was just temporary and just for now as along the way, changes will come.
Though I see Matic as one of the promising crypto projects, however, it was not really in its position to be on top ( that is what I see). But yes, I appreciate what really happen to them, it was an indication to see that this project will tend to compete with others and even have the chance to rule them all. Yet, the situation isn't long-term to know that their is manipulations in the market.

https://ambcrypto.com/polygon-matic-price-prediction-7
ALTCOINSPolygon (MATIC) Price Prediction 2025-2030: Why MATIC can be your long-term bet?

"MATIC Price Prediction 2025
After analyzing the altcoin’s price action, crypto-experts at Changelly concluded that MATIC should be worth at least $3.39 in 2025. They forecasted a maximum price of $3.97 for that year.

According to Telegaon, MATIC should be worth at least $6.93 by 2025, with an average price of $7.18. The maximum price projected by the platform is $9.36.

MATIC Price Prediction for 2030

Changelly’s crypto-experts believe that by the year 2030, MATIC will be trading between $22.74 and $27.07, with an average price of $23.36.

Here, it’s worth pointing out that 2030 is still a long way away. 8 years down the line, the crypto market could be affected by a host of different events and updates, each of which is difficult to ascertain. Ergo, it’s best that predictions like these are taken with a pinch of salt."
These predictions are usually wrong :)

He didn't say that it will be the leader forever but he only said that it is the leader at the moment but we can just disregard what the op have said as it was not official because for us eth will only be the leader of altcoins and that won't change anymore even if the price of eth right now is dumping and matic and some other altcoins are rising still.

We shouldn't only look at the current performance of the coins and based on that but we should also see if when is this coin created and how big it was ex. its market cap, and if what is its contribution in the crypto market. Sure thing matic have done some contributions and that is by the time eth transaction fees shoots up but it was smaller and newer compared to eth.

The Matic team continues making efforts to improve its use case that is why it has won the confidence of investors & they foresee of its huge growth potential in coming years which is also evident from its growing partnerships and recent one was with Instagram which is very popular social media company. It is also one of my favorite coins & I always accumulate it when it is in dip because it recovers quickly when market conditions start improving.

Agree, it is true, I think that MAIIC is always optimized, and often there will be problems in transactions, and the basic minor problems should be less than 5% of the user dissatisfaction to be considered qualified.In addition, let’s not talk about the currency price, at least you should have the operational ability to open up more markets, have a better structure, and spend more funds to do meaningful things. Personally, I feel that a lot of MATIC’s marketing expenses are not spent in the right direction, which is very formalistic. .

In my opinion, judging from the MATIC price, it doesn't fall too much during the bear market and indeed the MATIC coin holders are very strong. but of course certainly will not be able to compete with
, ethereum, bnb, xrp, and there is cardano. because the coin is very strong. and very many holders. maybe the op only looks at matic coins and doesn't compare with other coins that rank far above matic. because lately the price has been a good increase.

It is true that Matic shows resilience when crypto market slides down and it quickly recovers as soon as market conditions start getting better. Matic block chain is a fast, cheap & safe network, as well as its partnership is growing fast. Its price is not there where it should be, because in the context of its strong use case it can potentially reach much higher in coming months & years.

This is an absolutely correct statement. The matic token is really a very competitive coin. Among other things, this token is very convenient to use when paying for goods. It is even worth mentioning that large companies are increasingly talking about cooperation with the matic token. Among other things, the matic token demonstrates a very good positive dynamics in price!