Polygon (MATIC) to $20?

[Abiky]

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.

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[JeffBrad12]

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.

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.

[aprilnot]

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.

polygon have the potential for that. I'm even sure that the current price is too cheap. look at one of the current polygon competitors, solana is already past 3 digits in price. when viewed as a whole this project is good enough to be one of the alternative choices for the current Dapps network.

[michellee]

It could happen next year since Matic has more time to grow and invite more investors to support them. But it is still difficult to compete with the other projects as the other projects will do the same. If Matic can grow fast this year and next year, I guess the price will not just increase to $20 but it could be more than $100 as Matic has not achieved all of its goals. So we should give Matic more time to develop more and achieve their goals because it is not easy to reach their goals in a short time.

[Doell]

anything can be possible ,matic has potential in the future and $20 is not an expensive price ! but IMO the cheap gas fee are accompanied by the price on the coin itself ! when ethereum was still at a low price people said the gas fee for ethereum was also low ,over time the price became high and gas fee also went up ! if i'm wrong please correct me

[pealr12]

anything can be possible ,matic has potential in the future and $20 is not an expensive price ! but IMO the cheap gas fee are accompanied by the price on the coin itself ! when ethereum was still at a low price people said the gas fee for ethereum was also low ,over time the price became high and gas fee also went up ! if i'm wrong please correct me

I think most of this other smart contract projects already learned from eth and won't end up like eth, I think even if the matic price increases up to $20 in the future the gas fees may not be as high as that of eth, otherwise it will be  repeating the same thing in another chain,
However, low gas fees is not enough to shoot the price up, more work needs to be done and more projects need to be launched in the network as well as good marketing.

[ymckartal]

MATIC is a crypto full of surprises. The move from the $0.26 level to the $1.6 level is a remarkable move. The recent demand for ERC-20 in transfer transactions will provide MATIC with an important position in the future. 1 year later, I think it might be around $16.

[rhomelmabini]

Not that bad but I guess not that fast as well. Reaching that height might be plausible but it may need more extensive hypeand demand, I know how convenient polygon is but to reach it by a year seems still skeptical. I think reaching at $7 or even $10 is still the possibility even the bull market may hapy later this year or by early next year, only if an alt season happens imo.

[khiholangkang]

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.

If the market cap of polygons can reach 200 billion, of course BNB is also much bigger than that, man. Reaching a price of $ 20 for MATIC is not impossible, if next year the market is very bullish I think it is possible.

[smartaction]

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.

My analyses is not think Matic will reach $20 but it is possible to reach $5 for long term. But since all blockchain tokens have a lot of value like ETH, BNB, WAVES, maybe the price of a metic can be as high as $20 a future day.

[kidbounty]

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.

not surprising to me, because the competition is fierce at the moment. So it's normal that polygons get less attention from crypto traders. if asked if the price is likely to break through 2digits or even 3digits in the near future, I'm a little pessimistic about this. because if it doesn't go up high when it's bulls, then there's no chance when the trend is sideways. so it's hard for the current polygon to go up. Moreover, the current price is not too bad, although slowly but MATIC has increased several times.

[tarable]

not surprising to me, because the competition is fierce at the moment. So it's normal that polygons get less attention from crypto traders. if asked if the price is likely to break through 2digits or even 3digits in the near future, I'm a little pessimistic about this. because if it doesn't go up high when it's bulls, then there's no chance when the trend is sideways. so it's hard for the current polygon to go up. Moreover, the current price is not too bad, although slowly but MATIC has increased several times.

Totally agree with what you are saying because an increase in the price of a very good coin must occur during a market bullrun, so if at that time a coin like Matic cannot increase sharply, then in a correction condition it will always sink to the bottom price and will hard to bounce back any time soon.

[Furious 7]

So polygons are a very low cost network the potential to go up of course is there but it still hits the altcoin season and the possibility of this increase could be drastic in its bullishness, maybe now the costs are cheap because the price is still around under $2 then if the price is $20 it's probably cost gas can go up, so I think it's still cheap and the network is in great demand.

About the increase in one year $ 20 is impossible, not impossible but a little more difficult of course for me this will definitely be achieved considering Polygon is more developed.

[tulusikhlas]

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.

It is possible, especially if Polygon continues to provide many successful projects, then in 1 year maybe $20 can be achieved. But to reach $20 of course requires a large enough market capitalist. At least well-known investors use Polygon as a new alternative medium compared to Ethereum and Bnb which are increasingly expensive. There is still Solana who is hot enough to be a competitor that is no less crowded in the eyes of investors.

[Ararbermas]

The current price is still very cheap, wherein very far as well in order to reach reach that value($20), perhaps 5 years there's a potential it will happen in my personal opinion or more, unless if that coin really makes good improvements every year and don't make a massive decline in the price after all.  Because as you can see the graph is really not fine as of now and for sure there will be more corrections below if it didn't respect the current support level..so don't expect too much guys, i mean let's wait for more results instead before we made predictions because to be honest $20 looks too much in just short period of time..

[nimogsm]

This project is definitely underestimated by the community, the speed of transactions and the price for them are impressive against the background of the same competitors.I personally am satisfied with the price at the moment.I think that the price will go up when most projects switch to their blockchain, only this can cause the price to rise.

[eaLiTy]

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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.

Polygon (MATIC) is getting the momentum because ETH transaction charges are really high and some of the projects that built their project on top of ETH are now incorporating with the Polygon network because the end user is really tired of spending high transaction fees and anyone who tried to stake the coin knows that they need to spend around $200 to stake and around $200 to unstake, which does not make any sense.

It is hard to predict the price, because there are many projects that are undervalued in the market considering how shit coins rallied, but good projects are always rejected by mainstream investors.

[bounceback]

polygon have the potential for that. I'm even sure that the current price is too cheap. look at one of the current polygon competitors, solana is already past 3 digits in price. when viewed as a whole this project is good enough to be one of the alternative choices for the current Dapps network.

The Matic coin has the potential to reach $20, but I doubt to say that Matic will reach that price within a year, as currently many investors prefer to invest in the SOL network coin over the Polygon network coin, so it will take much longer for the Matic coins to $20.

[beerlover]

I guess it is just a 10x-12x increase to reach those levels, nothing too shocking, even a 15x wouldn't be weird. However I am not saying this because I believe in MATIC at all, this has nothing to do with MATIC. The fact that it only needs a bit over 10x increase means that when a bull rush comes in then things around it will go up that much as well and it wouldn't really be a weird one.

I am not saying that it is impossible for MATIC to have a decent future, I am sure it could have a decent future as well, all I am saying is that it is not really possible to go up that easily versus everyone else and get high rank once again. It is just a very hard period to get hyped and then fail and go down in rankings and then climb back up again so quickly, it is probably unlikely. In any case I have to say it is going to be a bit of a challenge but with a huge bull rush that increases everything, then 20 bucks for matic is possible as well.

[Abiky]

Polygon (MATIC) is getting the momentum because ETH transaction charges are really high and some of the projects that built their project on top of ETH are now incorporating with the Polygon network because the end user is really tired of spending high transaction fees and anyone who tried to stake the coin knows that they need to spend around $200 to stake and around $200 to unstake, which does not make any sense.

It is hard to predict the price, because there are many projects that are undervalued in the market considering how shit coins rallied, but good projects are always rejected by mainstream investors.

Investors usually follow coins that are "the hype of the moment", leaving quality projects behind in the dust. As long as there's money to be made, nothing else matters. What matters is that Polygon (MATIC) remains useful for the whole wide world to enjoy. Compared to Ethereum, Polygon is extremely cheap and fast to use for dApps. An advantage it has over its competitors is that it relies on the main Ethereum blockchain for security and reliability. This makes Polygon highly scalable without sacrificing decentralization.

$20 per coin may just be the tip of the iceberg as the best is yet to come. For such prediction to become a reality, the crypto market needs to be bullish. All eyes are on Bitcoin as it's the cryptocurrency that moves the market. If it reaches a new ATH, you can rest assured Polygon and other altcoins will do the same. Who knows how far MATIC will go as crypto/Blockchain tech becomes more popular worldwide? Just my opinion