MATIC LOW PRICE AND THE BEST CHOICE TO BUY NOW

[WHellscryp]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

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[1715220993]

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[andycarrol]

that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover

[panganib999]

Seems like it. Just read the article regarding the accusations against the MATIC team's possible manipulation of it but Binance seems intent on defending MATIC right now. Though seeing as the price did do a sudden dive, even if it was manipulated, price is still price so yep. Basic trading rules, buy low sell high. Although some traders have cautioned about this though because a possible retrace may come out.

[WHellscryp]

that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover

correct my friend

[Tytanowy Janusz]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

How many times do you see +250% pump in 15 days without any significant correction? This pump was crazy. Pure manipulation. Don't expect x4 soon ... it will not be recover to average price (average price of last 6 months is around 150 sat - 240 currently). It will be comeback from average price to crazy price. This dump (-66% in 35 min) will scare any investor away for next few months. At least in my opinion. I suggest avoiding gambling on MATIC currently because i would not call it investing/speculating in such circumstances.

[Sterbens]

that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover

If so, then I made a purchase, I'm afraid the foundation tokens will be sent to Binance and then sold later and why should this be sent to Binance, of course many are panicking and this can be assumed that the Matic team mass-sold the matic to Binance so many are panic so many are selling at low prices.

[yangongear]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

I don't think so. Binance has locked the short Matic feature on Binance margin, and I think that as long as it is opened, a huge amount of short orders will dump Matic prices deeper. Its current price is still very high compared to the bottom price of $ 0.0035.

[Ken_terrance]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

Yes that is more like it, now is the best time to take advantage of matic price drop because this type of dump in value might never happen again

[BitHodler]

Classic pump and dump is what it looks like. I think what happened is that the price was pumped to create demand and thus liquidity for some large players to exit their position.

I don't think it's a good time to buy right now. It might go up a bit further, but I expect lower highs for a period of time until the price reaches the levels it started pumping from. People are better off not buying.

[cabron]

Its not really a big drop of price if you have bought to Matic since last month, its just being pumped however in the last week of November to yesterday but now that it didn't break the last resistance I guess its an indicator that you should auto-MATICally sell for its coming down.

Classic pump and dump is what it looks like. I think what happened is that the price was pumped to create demand and thus liquidity for some large players to exit their position.

I don't think it's a good time to buy right now. It might go up a bit further, but I expect lower highs for a period of time until the price reaches the levels it started pumping from. People are better off not buying.

Its not random to see coins getting pumped though, Matic is a good project but the more we see this happen often I guess the bullrun is almost coming.

[SolarWindMiningCompany]

that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover

I seriously think this wasn't a case of panic sell but that of pump and dump. The pump in the last few days obviously wrote things to come on the wall but greedy traders keep getting burnt. News from their press release shows that the team dumped and frankly, this is not new in cryptocurrency. It happens in 99 percent projects. We should all deal with it

[nutriagrigia]

I think that until people find out the reasons for such a strong dump, you can not wait for such growth that will bring you 4x. as a rule, after such a fast price drop, the coin goes into a long flat. these are features of the bear market. if the market was bullish then the recovery would be quick

[anog]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

How many times do you see +250% pump in 15 days without any significant correction? This pump was crazy. Pure manipulation. Don't expect x4 soon ... it will not be recover to average price (average price of last 6 months is around 150 sat - 240 currently). It will be comeback from average price to crazy price. This dump (-66% in 35 min) will scare any investor away for next few months. At least in my opinion. I suggest avoiding gambling on MATIC currently because i would not call it investing/speculating in such circumstances.

Yes, I also think that it will not recover soon.

I prefer opening orders when buyers before this dump occurs feeling saturated, this is the right time to buy.

I think this recovery will occur in the next 3 months.

[romanij]

that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover

Changpeng Zhao said that the developers are not involved in the fall in the price of the token. Most likely this was done because of the collapse of the Novogratz Foundation. I do not think that the price of this coin will change. I see that this is a completely artificial situation. I was also outraged by the announcement of Changpeng Zhao that the price of the coin will be limited to the Binance exchange. You are not outraged by the manual management of the price of cryptocurrencies by the exchange?

[Barbut]

https://bitcointalk.org/index.php?topic=5208374.msg53308412#msg53308412

Here is the link from a similar thread. You can check there how some Matic holders feel after huge drop in just one day. I saw an announcement on Twitter early today from CZ, he said how it's not the team fault and how some big bag holders sold their bags, but Binance and team don't have anything with that.
I will share one tweet with you https://twitter.com/jaredctate/status/1204447912895352834 judge it for yourself, have a nice day!

[Mr.Noda]

I would not buy an asset in your place right now. Matic can fall even more. No one knows what the manipulators are up to.

[sorrros]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

Why Matic price should recover? A big whale probably dumped this coin because he saw team´s behavior. We are in a bear market, my friend, no coin is going to recover soon. So try to be less speculative and invest only in promising coins and not coins that are promising better future.   

[jossiel]

It can recover but there's a chance that it can't too. If you're trying to take advantage from this dip on this coin, think of it if it is worth it.

If you are sure to this coin and you want to expand your portfolio through this coin, buy it already while it's on the dip. But don't ignore that bitcoin also went down this time.

[Chuky92]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

Panic, one of the factors that affects the price of coins in this space.  Once panic sets in, the price of that coin will dump because no one want to be an unnecessary bagholder. Now asking if it will recover to a certain price; you might find it hard getting the right answer because this space is known to be unpredictable, thus don't expect much within a short time frame. In my own opinion, if you value the coin, wait a bit more and bag it.

[jajorforce]

hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends

So fast pump and dump, really so weird. This type of patterns always for high value or low value. Matic is now unpredictable. Now only help is volume and liquidity pool. This isn't right time for buy, before buy ICO price, total supply, and their roadmap of product.