Polygon (MATIC) to $20?

[mbakruroh]

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.

If you look at the supply of Polygon coins, of course $20 is a very high price. Because it will reach 169 billion dollars. However, in the crypto market this amount is not something that is impossible to achieve. Given that crypto users are increasing day by day, and big whales continue to enter the crypto market.

[Abiky]

If you look at the supply of Polygon coins, of course $20 is a very high price. Because it will reach 169 billion dollars. However, in the crypto market this amount is not something that is impossible to achieve. Given that crypto users are increasing day by day, and big whales continue to enter the crypto market.

That's certainly true, mate. The only way MATIC will go to $20 is if Bitcoin continues to go up until it reaches $1m per coin. Other than that, I don't think the cryptocurrency will be able to reach such high gains on its own. Fret not, as the Polygon chain's ever-increasing popularity will help solidify its position as the best ETH alternative in the world. It's not about the price, but rather a cryptocurrency's usefulness. There are many companies making NFTs on top of MATIC, so there's a high chance the coin will be with us for a long time. It's a solid project that won't be going anywhere soon (unlike Solana). No one can predict the future, so we can only hope for the best. Just my opinion

[Stella Mese]

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.

Yes, that's the way it is so for the future of matic we will see in the future, but now the matic team has done hard work to improve the quality of matic and of course now more and more investors are putting their trust in matic, so I think in the future the price of matic will be high.

[Pamadar]

It seems that to reach $ 20 it still takes time, I'm optimistic that automatic prices can touch 2 digits or even 3 digits, if BNB needs about 3 years then to reach 3 digits then 2 years we will see automatic that can be like BNB, now let's focus on Buy, if not the price of $ 20 then I am optimistic that Matic can reach at least $ 2 in 2022.

Well I think after BNB, the most widely used alternative is Matic, so don't be surprised if the price in the future can reach 2 digits, or even higher than $20. however, it looks like it will take a long time, especially since the price is currently under $1. In addition, it takes support from people for that. this may be seen when the price of BNB has reached hundreds of dollars, and the fee is quite high. people will look at matic to be an alternative after that. Because seeing the prospects that matic has, I believe that it might be achieved in the future.

More depends on how the development evolves. I see your point and that particular alternative functions

can be cover by Matic, if in anyhow BNB offers much higher transaction fees. Matic will serve as a good alternative and
with the continuous developments, the chain might receive more developers to use the system, it's always possible
to pump up, but it takes time and more success for investors and traders to acknowledge the potentials.

[btc78]

In this case i said that ploygon is very strong project and they play a special role in cryptocurrency but its not easy they reach 20$ specially in this market situation but the project is strong they survive easily to reach 20$ but they need time.

every project has their own time to Boom , there are  even other project that waits longer like 5 years before pushing their way up because people finally got interested and seen their potential .
just make sure that if you are going to buy and hold? those are the coins that you trusted and the amount you used are the funds you can afford to lose or standby .

[jovan85]

How secure is Polygon (MATIC)? I received at the same address three scam tokens. I only use that address for Bsc tokens. How suddenly these tokens appeared (AeFX.io, DxDex.io, Matic Pie Network). I don't like such networks, that anyone can send what they want randomly.

[Balmain]

How secure is Polygon (MATIC)? I received at the same address three scam tokens. I only use that address for Bsc tokens. How suddenly these tokens appeared (AeFX.io, DxDex.io, Matic Pie Network). I don't like such networks, that anyone can send what they want randomly.

It is a very common situation in polygon network in bsc network. This is only because the network is cheap. I see many sent token assets in my wallet, but I ignore them. There is no way to prevent this, as long as the network is cheap, scams will try their luck. This has nothing to do with Polygon. For Polygon, $20 for the next bullish season is predictable pricing. Because I remember that he made ath from $0.01 in the previous rise.

[AnonBitCoiner]

My target for polygon is 5$ and I think it will be hit in three years. 20$ is very high and I am not expecting 20$ in less than 10 years. Crypto market is now very big and we should not wait for one coin to give 20x in short time. Whales are so clever. They will not make you rich in this way
 

[Rana590]

My target for polygon is 5$ and I think it will be hit in three years. 20$ is very high and I am not expecting 20$ in less than 10 years. Crypto market is now very big and we should not wait for one coin to give 20x in short time. Whales are so clever. They will not make you rich in this way
 

For polygon, $5 is very much possible and you're right that it may be reach this goal within 3 years. I think we may see it within next year. My personal opinion about reaching $20 is also possible and I hope we will be able to see it within next 5 years.

[OgNasty]

Polygon (MATIC) is one of my favorite altcoins.  I think the road to $20 will be a long hard one though.  Mostly because the amount of big investors that are up massive amounts on their investment and will no doubt sell on the way up to cash profits.  Not to mention the various staking schemes that are dumping tons of fresh coins on the market as these same investors look to profit while holding onto their original coins.  I suspect it will be difficult to break the $5 barrier, but more importantly I think it will enable a lot of low cost transactions to help speed up adoption in the metaverse.

[milewilda]

My target for polygon is 5$ and I think it will be hit in three years. 20$ is very high and I am not expecting 20$ in less than 10 years. Crypto market is now very big and we should not wait for one coin to give 20x in short time. Whales are so clever. They will not make you rich in this way
 

For polygon, $5 is very much possible and you're right that it may be reach this goal within 3 years. I think we may see it within next year. My personal opinion about reaching $20 is also possible and I hope we will be able to see it within next 5 years.

Looking at the current state of Polygon Metic, I remember the initial stage of BNB in ​​2018 when BNB was only a few cents. Speaking of a coin like this after BNB, I would like to put Polygon in this spot. Because the performance of Polygon is also good, yes it is observed that it is currently in a bit of a dumping due to the bearish season of the market.  But it is expected that in 2024 or 2025 it can go to a good position.

We cant really make out some precise comparison and make out some similarities considering that demand from the community would be entirely be basing up into its actual potential but by the looks of it
then it cant really be denied that it does really have that utility which could really give out that chance to succeed or becomes valuable on the future
Recent news which is connected with Polygon.
Starbucks Taps Polygon for Its 'Starbucks® Odyssey' Web3 Experience
Source: https://blog.polygon.technology/starbucks-taps-polygon-for-its-starbucks-odyssey-web3-experience/

Ive seen several recognition of polygon which is already indicating some good sign.

[coupable]

How secure is Polygon (MATIC)? I received at the same address three scam tokens. I only use that address for Bsc tokens. How suddenly these tokens appeared (AeFX.io, DxDex.io, Matic Pie Network). I don't like such networks, that anyone can send what they want randomly.

This is normal, many scam projects that send tokens and they direct to connect to the site and when we connect they will steal the private key, cheap transaction costs are used for scams, in contrast to eths that are impossible for people to send scam projects, because they need more From $ 5 to send tokens, while matic with $ 100 can send tokens to 10,000 addresses.

These features, just as they can be easily used by fraudsters, are the same features that make the network reliable and popular.
Another good feature of this network is that not only transfers but contracts are issued with very low fees, including NFT. In addition, many NFT marketplaces support the Polygon network, such as Opensea, which enables users to not only display their NFT products, but also allow them to be created and launched.

[Abiky]

Polygon (MATIC) is one of my favorite altcoins.  I think the road to $20 will be a long hard one though.  Mostly because the amount of big investors that are up massive amounts on their investment and will no doubt sell on the way up to cash profits.  Not to mention the various staking schemes that are dumping tons of fresh coins on the market as these same investors look to profit while holding onto their original coins.  I suspect it will be difficult to break the $5 barrier, but more importantly I think it will enable a lot of low cost transactions to help speed up adoption in the metaverse.

MATIC is so undervalued, especially when it has the same level of security/reliability as Ethereum (it's sort of like a sidechain). Not like Solana which is full of bugs and highly unstable. Yet, the SOL token is trading well above $30 per coin. I don't get why Polygon (MATIC) can't reach higher market prices, when it has all of the tools to make "De-Fi" a better place. The Polygon chain is directly compatible with ETH smart contracts, meaning it's easier for developers to port dApps from ETH to MATIC. Polygon is just like Ethereum but with greater transaction capacity and lower gas fees.

I'd say the sky is the limit to how high MATIC can go in terms of market price. The market is bearish right now so the prediction of $20 per coin looks unrealistic. But if adoption for MATIC continues to grow, it might get there someday. No one knows what will happen in the future, so we can only hope for the best.

[owlcatz]

MATIC is so undervalued, especially when it has the same level of security/reliability as Ethereum (it's sort of like a sidechain). Not like Solana which is full of bugs and highly unstable. Yet, the SOL token is trading well above $30 per coin. I don't get why Polygon (MATIC) can't reach higher market prices, when it has all of the tools to make "De-Fi" a better place. The Polygon chain is directly compatible with ETH smart contracts, meaning it's easier for developers to port dApps from ETH to MATIC. Polygon is just like Ethereum but with greater transaction capacity and lower gas fees.

I'd say the sky is the limit to how high MATIC can go in terms of market price. The market is bearish right now so the prediction of $20 per coin looks unrealistic. But if adoption for MATIC continues to grow, it might get there someday. No one knows what will happen in the future, so we can only hope for the best.

So here's why that is, at least in my mind ... (Based on total supply of coins from Coinmarketcap data):

Solana:
Circulating Supply
353,848,336.14 SOL
Max Supply
--
Total Supply
511,616,946

Polygon:
Circulating Supply
8.73B MATIC
Max Supply
10,000,000,000
Total Supply
10,000,000,000

That's pretty significant in terms of amount of coins out there. We all know the majority of them are held by corp investors, so the dumps on both will be significant when and if they both take off again... 🤷‍♂️

Edit - formatting

[rodskee]

Matic continues to improve, worthy of us to make long -term assets, I'm sure another year matic prices can reach $ 20, this week has risen more than 7%, I suggest to continue to buy matic and make it passive income with staking, for staking platforms I prefer Spot Exchanges, safer even if it's a small one

How will it reach the ATH when bitcoin has not yet risen and reached a new ATH? You should still know that the entire altcoin market depends on the movement of bitcoin.

completely wrong , Bitcoin is indeed the trend setter but remember that there are also whales that works on their own and made their way to pump each coin they wanted to grow , and now that the market is unstable then yeah there would be something that may change.

We also have no certainty that the bull market will come next year. I really believe in matic, it is very promising coin but with your baseless claims I disagree. Looking at the total supply of Matic, to reach $20 is very difficult for matic because then the capitalization is 160 billion, that is very unlikely to happen.

who says that next year will be a Bull market, and also there are options investors need to understand and risk but after everything? there is a rainbow waiting for them.

[Bazzu]

I'm a very beginner in crypto, in my opinion Polygon matic, is a quality altcoin, but if I think in the future the price of Polygon matic will definitely be high because now the team from matic has collaborated a lot with various large companies, if I'm not mistaken such as , DISNEY, and so on but of course it will definitely take time to reach high prices around 2 or 3 years. even I think the price will be more than 20 dollars.

[OgNasty]

I'm a very beginner in crypto, in my opinion Polygon matic, is a quality altcoin, but if I think in the future the price of Polygon matic will definitely be high because now the team from matic has collaborated a lot with various large companies, if I'm not mistaken such as , DISNEY, and so on but of course it will definitely take time to reach high prices around 2 or 3 years. even I think the price will be more than 20 dollars.

Disney among many others.  Pretty much any company looking to sell a lot of NFTs in the future is choosing Polygon.  The Sandbox alone has partnerships with countless large brands and they're all building on Polygon.  MATIC as a coin is already valued pretty high in my opinion.  Even with it's current low price it's still valued over 6 billion dollars.  That's an awful high valuation considering what is currently built and already has quite a bit of growth baked in as they say.

[Pamadar]

I'm a very beginner in crypto, in my opinion Polygon matic, is a quality altcoin, but if I think in the future the price of Polygon matic will definitely be high because now the team from matic has collaborated a lot with various large companies, if I'm not mistaken such as , DISNEY, and so on but of course it will definitely take time to reach high prices around 2 or 3 years. even I think the price will be more than 20 dollars.

In 2021 the highest price of matic was $ 2.8, I once bought at the highest price after that the price continued to decline and now it is only around $ 0.8, but I am optimistic that matic immediately risping and passes through ATH that has happened, what we do is buy and then use it for staking, Maybe 2 or 3 years will reach $ 20.

You need to have that kind of mentalities in order for you to continue supporting a project that you

believe will bring you a decent amount of profits. With how you describe your position, holding is a good way to
earn passive by means of staking.

You just need to continue collecting the staking rewards and wait till the value rally and bounces back or better
to see a much higher value from the last position, you bought it during its peak.

[judaspriest]

I'm a very beginner in crypto, in my opinion Polygon matic, is a quality altcoin, but if I think in the future the price of Polygon matic will definitely be high because now the team from matic has collaborated a lot with various large companies, if I'm not mistaken such as , DISNEY, and so on but of course it will definitely take time to reach high prices around 2 or 3 years. even I think the price will be more than 20 dollars.

In 2021 the highest price of matic was $ 2.8, I once bought at the highest price after that the price continued to decline and now it is only around $ 0.8, but I am optimistic that matic immediately risping and passes through ATH that has happened, what we do is buy and then use it for staking, Maybe 2 or 3 years will reach $ 20.

You need to have that kind of mentalities in order for you to continue supporting a project that you

believe will bring you a decent amount of profits. With how you describe your position, holding is a good way to
earn passive by means of staking.

You just need to continue collecting the staking rewards and wait till the value rally and bounces back or better
to see a much higher value from the last position, you bought it during its peak.

Thank you for the advice, a good idea for Hold and Staking, I have also done staking almost 6 months ago when the price is still around $ 1.5, of course the choice is difficult to sell with loss conditions, but I am optimistic that matic will soon rise and can reach 2 digits in 2 years.

if the price of Bitcoin is able to be at $100k of course the price of Matic will also reach 2 digits, maybe the first target is at $ 10 in the next altcoin season, and my prediction is in 2024,
so if you already hold Matic don't let you sell it at the current price , because the current price is very cheap, investors are also accumulating

[doomloop]

I'm a very beginner in crypto, in my opinion Polygon matic, is a quality altcoin, but if I think in the future the price of Polygon matic will definitely be high because now the team from matic has collaborated a lot with various large companies, if I'm not mistaken such as , DISNEY, and so on but of course it will definitely take time to reach high prices around 2 or 3 years. even I think the price will be more than 20 dollars.

In 2021 the highest price of matic was $ 2.8, I once bought at the highest price after that the price continued to decline and now it is only around $ 0.8, but I am optimistic that matic immediately risping and passes through ATH that has happened, what we do is buy and then use it for staking, Maybe 2 or 3 years will reach $ 20.

You need to have that kind of mentalities in order for you to continue supporting a project that you

believe will bring you a decent amount of profits. With how you describe your position, holding is a good way to
earn passive by means of staking.

You just need to continue collecting the staking rewards and wait till the value rally and bounces back or better
to see a much higher value from the last position, you bought it during its peak.

Thank you for the advice, a good idea for Hold and Staking, I have also done staking almost 6 months ago when the price is still around $ 1.5, of course the choice is difficult to sell with loss conditions, but I am optimistic that matic will soon rise and can reach 2 digits in 2 years.

What about trading? Lending, gambling and others. I know there's still more crypto activities out there which could help us multiply our crypto coins. You can try them sometimes if you haven't yet and you will be surprise on how fast you can gain a return.

There is no need for you to wait for a very long time only to earn a profit through hodling and staking but I wonder why did you sell at a loss? Did you urgently need a money last time? If yes then I think that reason is valid. That is better than borrowing money. Cryptos are still a money anyway so we should use it that way and there is no point if we will just buy and hodl them forever.