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Author Topic: Polygon (MATIC) to $20?  (Read 5841 times)
v3liana
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May 21, 2023, 04:48:03 AM
 #521

Polygon is a pretty good chain with great projects and alot of utility. Around here personal preference has alot to play is people's choices but if you check out the past achievements and future goals it's a top contender.
So, IMO $20 isn't impossible to reach in the future.

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May 23, 2023, 03:42:26 AM
 #522

That was such a good write up about Matic.
IMO, Matic problem is that most of the pairs on its network are paired with eth, benefiting eth.
The low transaction fees are in matic and that is great because as they scale up it should increase the price.
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May 23, 2023, 06:10:27 AM
 #523

We can only assume it still has a long way to go to reach $20. I believe the metric is a good currency and may be reasonable to reach higher.It will entirely depend on investor demand and may require more extensive hype.  Although polygons are very convenient, they need enough time to become independent blockchains.We are currently in a bear market so expecting 20x earnings from Metric right now would be completely unreasonable. Until we reach a bull market, no guesswork can be made. One of the best aspects of a coin is its gas fee.Considering this metric transaction fees are very low.

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May 23, 2023, 12:56:48 PM
 #524

MATIC's price continues to drop from the highs.  It seems like it hasn't yet bottomed out which is odd since most other cryptos have.  That makes me think that the large holders have never stopped cashing out, which is a bit of being a victim of it's own success.  So many people are still sitting on such massive gains in this coin, it seems like the selling will continue for some time.  When it stops, nobody knows.  I certainly am not watching the whale's wallets to determine when they're going to stop selling.  It's good tech though and I think the best candidate for a metaverse currency that we have currently.

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May 23, 2023, 02:09:42 PM
 #525

Polygon is a pretty good chain with great projects and alot of utility. Around here personal preference has alot to play is people's choices but if you check out the past achievements and future goals it's a top contender.
So, IMO $20 isn't impossible to reach in the future.
indeed $ 20 for Matic is not impossible, but it also takes a long time and even years, and what can make Matic's price go to $ 20 is Bitcoin,
because Bitcoin is a pioneer of altcoins, if Bitcoin experiences a pump to $ 100k then I sure Matic can also go to $ 10 even $ 20.

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May 23, 2023, 11:23:25 PM
 #526

Polygon has been able to build a cult around its chain which is good but I just feel it has reached or is close to reaching its top, if Polygon hit $20, I can guarantee that it is going to be one of the best short you can make in your lifetime, I don't see how that kind of value can be sustained. Polygon team is doing well with the gaming projects but I just feel it will continue to be in the shadow of Ethereum and the team kicks straight things out buy


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May 26, 2023, 12:01:18 PM
 #527

Good things gonna happen for matic despite the price downfall though because of bear market still it has lots of potential to bounce back and it's a blue chip project that everyone should not be missed no matter what. Now, it's the time to buy matic while it's trading sideways and soon it will have its time to recover once bull market resumes.

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May 26, 2023, 02:07:15 PM
 #528

With how they works with the rollup, getting into partnerships and other integrations and lot of developments I do think MATIC will gonna get to the top 5 in the future. I mean this is a no-brainer investment and can't even imagine that it was down -70% from its ATH. Might be unrealistic to some but MATIC might have a chance to get on that figures.
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May 26, 2023, 04:56:11 PM
 #529

I think Matic can get to $20 considering that Matic now has many ecosystems in polygon network,
and can even become a competitor of Ethereum and Binance,
yes because the gas fees from Polygon are very cheap making Matic a favourite,
I'm sure 2024 or 2025 Matic can reach $10 first.



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May 26, 2023, 11:34:27 PM
 #530

well few month ago i would say maybe today i'm little bit conserning about 20 dollars, i think 2023 maybe 1,80 to 2,20 max depends what btc the next few month will do. 2024 i think max 2,50 to 3 dollars and finally 2025 we could see max 5-6 dollars max...but carefull altcoin are all controlled by team and whale and not just poligon but all altcoin....
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May 27, 2023, 06:28:36 AM
 #531

well few month ago i would say maybe today i'm little bit conserning about 20 dollars, i think 2023 maybe 1,80 to 2,20 max depends what btc the next few month will do. 2024 i think max 2,50 to 3 dollars and finally 2025 we could see max 5-6 dollars max...but carefull altcoin are all controlled by team and whale and not just poligon but all altcoin....

True however it depends on the movement of Bitcoin which until now I think is still up and down,
must also remember that this is crypto which is difficult to predict and certainly full of surprises,
we'll see what the future will be like.
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May 27, 2023, 06:40:31 AM
 #532

well few month ago i would say maybe today i'm little bit conserning about 20 dollars, i think 2023 maybe 1,80 to 2,20 max depends what btc the next few month will do. 2024 i think max 2,50 to 3 dollars and finally 2025 we could see max 5-6 dollars max...but carefull altcoin are all controlled by team and whale and not just poligon but all altcoin....

I believe more that for 2024 the price of Matic will reach new ATH, maybe it will reach $ 5, and 2025 it will reach a peak of $ 7 or $ 10 it can be achieved,
I see this from technical analysis and how the market cap will react later, because in bullish later I am sure that the increased market cap will increase crazier than 2021,
mass adoption is also increasing, and many countries have allowed cryptocurrencies such as China and Thailand.

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May 27, 2023, 06:52:52 AM
 #533

well few month ago i would say maybe today i'm little bit conserning about 20 dollars, i think 2023 maybe 1,80 to 2,20 max depends what btc the next few month will do. 2024 i think max 2,50 to 3 dollars and finally 2025 we could see max 5-6 dollars max...but carefull altcoin are all controlled by team and whale and not just poligon but all altcoin....

I believe more that for 2024 the price of Matic will reach new ATH, maybe it will reach $ 5, and 2025 it will reach a peak of $ 7 or $ 10 it can be achieved,
I see this from technical analysis and how the market cap will react later, because in bullish later I am sure that the increased market cap will increase crazier than 2021,
mass adoption is also increasing, and many countries have allowed cryptocurrencies such as China and Thailand.


7-10 dollars are not 20 dollars, they are already a much more reasonable price for me and anyway I say to be very careful, social media, youtube, crypto sites very often are used to give false illusions and confuse many small and medium investors.
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May 28, 2023, 04:30:12 AM
 #534

With how they works with the rollup, getting into partnerships and other integrations and lot of developments I do think MATIC will gonna get to the top 5 in the future. I mean this is a no-brainer investment and can't even imagine that it was down -70% from its ATH. Might be unrealistic to some but MATIC might have a chance to get on that figures.
It seems that MATIC is in its current state and after a few years it will become very popular like bnb. But MATIC is now at a dumping price. Now one can invest if he wants to.  A profit will be made. I have bought and held some MATICs that I think I can sell at a good price after a few years.

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May 28, 2023, 10:15:47 PM
 #535

With how they works with the rollup, getting into partnerships and other integrations and lot of developments I do think MATIC will gonna get to the top 5 in the future. I mean this is a no-brainer investment and can't even imagine that it was down -70% from its ATH. Might be unrealistic to some but MATIC might have a chance to get on that figures.
It seems that MATIC is in its current state and after a few years it will become very popular like bnb. But MATIC is now at a dumping price. Now one can invest if he wants to.  A profit will be made. I have bought and held some MATICs that I think I can sell at a good price after a few years.


Something doesn't convince me in what you say, in a recent article of which I don't name but important it was written, Polygon has quickly become the most widely used blockchain in 2023, how is it possible?? the capitalization of poligon is similar to shibacoin.
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May 29, 2023, 04:59:45 AM
 #536

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
I see MATIC hitting 10usd next bull run but IDK about 20. 20 is a bit high. It's better to find new projects before they list on exchanges and get a 100x that way. Projects like zkSYNC or Q Blockchain.
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May 31, 2023, 01:29:22 AM
 #537

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
I do think so. When polygon reaches 20 bucks and the valuation will be around 200 billions and that's far above the current valuation of BNB. The fact that if polygon can't still surpass BNB in terms of demand and usability. that price would be making polygon an overvalued coin. i guess $5 is still possible but i doubt about polygon can reach 20 bucks. Polygon has been getting surpassed by solana. That proves that polygon needs to do another development to bring more utility to the its token to be able to compete with other tokens like BSC and Solana. I don't say that would be impossible as ADA was also going up even without developing a product. it's only selling speculation.
Polygon is still undervalued at this moment and im seeing more developers are starting to see polygon as the best blockchain to launch their NFT and gaming platforms.
BSC was good but that already flooded with shit token.

It's true that Polygon (MATIC) has a lot of potential and is gaining traction in the De-Fi space, reaching $20 within a year seems overly optimistic. As you mentioned, Polygon needs more development and utility to compete with other platforms like Binance Chain and Solana. Additionally, the overall market conditions and adoption of blockchain technology will play a significant role in determining the value of MATIC.

However, I do believe that Polygon is undervalued at the moment, and with more developers recognizing its potential for NFT and gaming platforms, it could see significant growth in the future. A more realistic target for MATIC within a year could be around $5, as you mentioned, but it's essential to consider the inherent risks and uncertainties in the cryptocurrency market when making predictions.

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May 31, 2023, 09:22:27 AM
 #538

Polygon is a pretty good chain with great projects and alot of utility. Around here personal preference has alot to play is people's choices but if you check out the past achievements and future goals it's a top contender.
So, IMO $20 isn't impossible to reach in the future.
Marketcap from Matic even though it includes top altcoins and is ranked 8 I think it is still very low,
because it is only $8 million and when compared to BNB which has reached $46 million yes Matic still has a chance to skyrocket,
$20 can happen it's just that we need time and Fomo for Matic.



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davide72
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May 31, 2023, 02:31:56 PM
 #539

Polygon is a pretty good chain with great projects and alot of utility. Around here personal preference has alot to play is people's choices but if you check out the past achievements and future goals it's a top contender.
So, IMO $20 isn't impossible to reach in the future.
Marketcap from Matic even though it includes top altcoins and is ranked 8 I think it is still very low,
because it is only $8 million and when compared to BNB which has reached $46 million yes Matic still has a chance to skyrocket,
$20 can happen it's just that we need time and Fomo for Matic.

well everithing can happens off course ,if doge top was 0.80 cent with almost 140 billions coin in circulation i am sure matic with 9 billions coins in circulation could get up to 15-20 dollars but don't think this years like many youtubers speculators say. this years max 1,20 to 1,50
globalpain
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May 31, 2023, 03:15:12 PM
 #540

Polygon is a pretty good chain with great projects and alot of utility. Around here personal preference has alot to play is people's choices but if you check out the past achievements and future goals it's a top contender.
So, IMO $20 isn't impossible to reach in the future.
Marketcap from Matic even though it includes top altcoins and is ranked 8 I think it is still very low,
because it is only $8 million and when compared to BNB which has reached $46 million yes Matic still has a chance to skyrocket,
$20 can happen it's just that we need time and Fomo for Matic.

well everithing can happens off course ,if doge top was 0.80 cent with almost 140 billions coin in circulation i am sure matic with 9 billions coins in circulation could get up to 15-20 dollars but don't think this years like many youtubers speculators say. this years max 1,20 to 1,50
to reach $ 20 Matic needs an additional market cap so for this year it is true what you say matic goes to $ 1 or $ 1.5 which is already very good,
because considering that matic is the top 10 altcoins then a 50% or 100% increase is very good, be patient for $ 20 if achieved in 2025 then we will succeed.

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