Polygon (MATIC) to $20?

[blockman]

Matic has risen to be the coin on every tweet and every mouth in the recent weeks but have observed that such hype does notpump a coin, not even in the bear market. Most interestingly also it may not coin until the end of the market like the solanas and the rest.

Hype does make a coin pump and we're done on that era these days. As we're in a bear market, hyping a project is harder to do because the market will just eat all the hype that will be made for these coins.
Matic to reach $20, I have my doubts about it. The calculation makes me think that it's unlikely, I've just looked at the circulating supply and haven't yet calculated the total supply.

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[nurilham]

It's better not to have high hopes for things that are less likely to be achieved,
because if it turns out to be a failure like hoping on the Matic to reach $100 then we will be disappointed,
maybe it's better to be realistic and but after all everyone has their own point of view

I think it is not impossible to achieve. But the problem is we don't know when it will be achieved. $20 is too far from the current price (around $0,8), we can expect the price to reach $20 when the price can passe $10. Moreover, if you expect Matic to reach $100, it is like you expect Bitcoin to reach $1,000,000. In this matter, it is true that it seems not realistic to expect this because it is very very far from the current price.

Couldn't agree more with you, mate. $20 sounds unrealistic right now, especially when MATIC has a large supply of coins in circulation.

It is unrealistic to expect in the near future, but it is not something impossible to achieve.
Matic supply is large, but the team may burn them to trigger a significant price increase.

[Sayeds56]

It's better not to have high hopes for things that are less likely to be achieved,
because if it turns out to be a failure like hoping on the Matic to reach $100 then we will be disappointed,
maybe it's better to be realistic and but after all everyone has their own point of view

I think it is not impossible to achieve. But the problem is we don't know when it will be achieved. $20 is too far from the current price (around $0,8), we can expect the price to reach $20 when the price can passe $10. Moreover, if you expect Matic to reach $100, it is like you expect Bitcoin to reach $1,000,000. In this matter, it is true that it seems not realistic to expect this because it is very very far from the current price.

Couldn't agree more with you, mate. $20 sounds unrealistic right now, especially when MATIC has a large supply of coins in circulation.

It is unrealistic to expect in the near future, but it is not something impossible to achieve.
Matic supply is large, but the team may burn them to trigger a significant price increase.

Given the current bearish market conditions when investors sentiment is extremely negative and fear of further fall has gripped the market, it looks hard for Matic to reach $2 but it can hit $20 in the next bull cycle. I think Matic team has already planned to burn matic token with every transaction to reduce supply in circulation but when it will be implemented that is yet to be seen.

https://dailyhodl.com/2022/01/19/polygon-starts-burning-matic-tokens-after-successfully-implementing-ethereum-eth-update/

[Shaha98]

matic platform (Polygon)A very well-known and trusted platform these days. If Metic is $20 there is definitely a chance it will be $50 because it has become so popular in such a short time. And it needs more investors. But Matic has a lot of time ahead and investors have a lot of time to invest. But its future has a long way to go.

[Bitcoin2009]

Polygon has already cement their foundation in the industry wherein it got some big time partnerships that they got this year that's why you never sleep Polygon during this fear times and with the market's condition right now it's the best time to stack up MATIC while cheap. Anyone would their matic, it's a bad decision at all that's why the best thing to do right now is to buy more.

Polygon's performance is very good although in general the price has decreased, now it is in 10th place and I'm sure it won't take a year to reach 2 digits, a good opportunity to buy MATIC now because the price is very cheap, don't hesitate with MATIC because it's a big project that will continue develop.

[Pamadar]

Matic has risen to be the coin on every tweet and every mouth in the recent weeks but have observed that such hype does notpump a coin, not even in the bear market. Most interestingly also it may not coin until the end of the market like the solanas and the rest.

Hype does make a coin pump and we're done on that era these days. As we're in a bear market, hyping a project is harder to do because the market will just eat all the hype that will be made for these coins.
Matic to reach $20, I have my doubts about it. The calculation makes me think that it's unlikely, I've just looked at the circulating supply and haven't yet calculated the total supply.

Yes, the market will just eat that hype during the bear season. There are many people around that will keep selling their coins while seeing some pumps and try to quit to avoid losing more.

Hype is not a good solution if you are trying to pump the coin. Better to continue developing and
Let the future dictate once the usages have already been adopted. We can't tell if how much this coin can
go but there are always chances when good asset gain solid support from the community.

[blockman]

Hype does make a coin pump and we're done on that era these days. As we're in a bear market, hyping a project is harder to do because the market will just eat all the hype that will be made for these coins.
Matic to reach $20, I have my doubts about it. The calculation makes me think that it's unlikely, I've just looked at the circulating supply and haven't yet calculated the total supply.

Yes, the market will just eat that hype during the bear season. There are many people around that will keep selling their coins while seeing some pumps and try to quit to avoid losing more.

Hype is not a good solution if you are trying to pump the coin. Better to continue developing and
Let the future dictate once the usages have already been adopted. We can't tell if how much this coin can
go but there are always chances when good asset gain solid support from the community.

Well, for the others, hype is a good way to just pump the coin that they have and that's always been effective but to do that in the bear market. They will find it hard in doing so because there's no way that they can go against to a proven bear market that eats everything on this market.
Even good news, they're nothing against the strong bear market because I've seen it for so many projects that have tried to do their things but still ended up with nothing.

[Semar Mesem]

matic platform (Polygon)A very well-known and trusted platform these days. If Metic is $20 there is definitely a chance it will be $50 because it has become so popular in such a short time. And it needs more investors. But Matic has a lot of time ahead and investors have a lot of time to invest. But its future has a long way to go.

It can be said that the MATIC platform is the best at the moment, the transaction speed and low fees have certainly made many developers switch to MATIC, the MATIC rating continues to improve and is now ranked 10, I'm sure if the market can improve then it can immediately enter the top 5 ranking, so never sell MATIC now, but buy more.

[Abiky]

It is unrealistic to expect in the near future, but it is not something impossible to achieve.
Matic supply is large, but the team may burn them to trigger a significant price increase.

It's possible the MATIC team will copy ETH's model by cutting the network's supply of tokens in circulation. They could either burn a large amount of coins, or simply introduce a deflationary mechanism into the protocol. If developers do this, then there's nothing stopping MATIC from reaching $20 and above. Either MATIC becomes a store of value or a currency/utility token for day-to-day payments. I don't mind about the price as long as MATIC remains a practical blockchain for dApps.

Cheap fees and blazing-fast speeds is what makes MATIC a better ETH alternative. Reducing the supply, on the other hand, would make transactions on the Polygon (MATIC) chain more expensive. The community will have to decide what's the best path forward for the cryptocurrency. Who knows how much MATIC will be worth in the future? Just my thoughts

[Sang Prabu]

Matic is a very good platform because it is very fast and low -cost, now more and more developers are diverting projects to matic so that it becomes a hope in the future that matic will continue to increase, even now I make matic the biggest asset in my portfolio.

[btc78]

Polygon has a strong power to reach $ 20, even I'm sure 2 or 3 years will reach $ 100, the number of developers who continue to use the automatic platform makes us worthy of high hope on matic.

to reach $20 Matic is still very far, especially with the ATH last year only reaching $3 of course it takes a lot of strength to reach $20,
and you still say that $100 can be achieved? haha I think it's too imaginative.

He's delusional, he's just predicting according to his imagination without giving any analysis, the $20 goal that I think Matic is also hard to reach, let alone $100. Look at Matic's supply and can say it's not likely to hit $20, unless they change the supply for it, for example using a burning of some of the supply and the project must ensure that it continues to grow in the future.

It's better not to have high hopes for things that are less likely to be achieved,
because if it turns out to be a failure like hoping on the Matic to reach $100 then we will be disappointed,
maybe it's better to be realistic and but after all everyone has their own point of view

Sorry but isn't this why we were told to never invest in one crypto project? Apart from Bitcoin there is a chance that your dream will never come true if you invest in one altcoin only, to achieve your goal you have to invest in more than two altcoins, this will suppress the risk of disappointment, if one doesn't do well the other might.

Never put all your eggs in one basket, this is very good advice for newbies that wants to learn.

is it segregating ? or better called as Diversification ?

Buying majority for bitcoin , but there are several altcoins that can be added in our folio together with bitcoin as we continues waiting for the growth.

also , how much are we asking here? I mean how much is the amount to be invested ? because if this is just 100 dollars then there is no need to diversify but just buy for bitocin.

thousand dollars capital is enough for all of us to make good return in the coming years.

Matic is a very good platform because it is very fast and low -cost, now more and more developers are diverting projects to matic so that it becomes a hope in the future that matic will continue to increase, even now I make matic the biggest asset in my portfolio.

but to reach 20$? is it really possible any time soon?

[bitterguy28]

matic platform (Polygon)A very well-known and trusted platform these days. If Metic is $20 there is definitely a chance it will be $50 because it has become so popular in such a short time. And it needs more investors. But Matic has a lot of time ahead and investors have a lot of time to invest. But its future has a long way to go.

but it is not even a dollar mate?

https://coinmarketcap.com/currencies/polygon/

this needs to increase x20+ first before hitting 20 dollars and then another times to break that 50$

though Matic is a good project but i believe that there are many things to consider first before this hits that high.

[Rana590]

matic platform (Polygon)A very well-known and trusted platform these days. If Metic is $20 there is definitely a chance it will be $50 because it has become so popular in such a short time. And it needs more investors. But Matic has a lot of time ahead and investors have a lot of time to invest. But its future has a long way to go.

but it is not even a dollar mate?

https://coinmarketcap.com/currencies/polygon/

this needs to increase x20+ first before hitting 20 dollars and then another times to break that 50$

though Matic is a good project but i believe that there are many things to consider first before this hits that high.

Did you think about Bitcoin some years ago? I'm not comparing Matic with Bitcoin but it is crypto market and anything is possible. Matic has a good number of community support and some positive news can pump the price of Matic hugely. But still it is far away from $20 and it will take more times to reach this mark.

[Pamadar]

Hype does make a coin pump and we're done on that era these days. As we're in a bear market, hyping a project is harder to do because the market will just eat all the hype that will be made for these coins.
Matic to reach $20, I have my doubts about it. The calculation makes me think that it's unlikely, I've just looked at the circulating supply and haven't yet calculated the total supply.

Yes, the market will just eat that hype during the bear season. There are many people around that will keep selling their coins while seeing some pumps and try to quit to avoid losing more.

Hype is not a good solution if you are trying to pump the coin. Better to continue developing and
Let the future dictate once the usages have already been adopted. We can't tell if how much this coin can
go but there are always chances when good asset gain solid support from the community.

Well, for the others, hype is a good way to just pump the coin that they have and that's always been effective but to do that in the bear market. They will find it hard in doing so because there's no way that they can go against to a proven bear market that eats everything on this market.
Even good news, they're nothing against the strong bear market because I've seen it for so many projects that have tried to do their things but still ended up with nothing.

If they will do that in this bear market, the money will be taken by those fearing holders who wanted to sell their assets to avoid
bigger losses, really tough to take that route.

Even the good news that we expect that will reverse the situation unable to change anything,
the market is still in the bear season and we have to work hard to survive and to avoid making
mistakes losing our money,

wait for Bitcoin to improve or to rally, then afterwards we can check alts including Matic.

[Paul Pogba]

Long journey to be able to see the price of MATIC can reach $ 20, currently the price is around 90 cents and is a good start for investing in MATIC, I am optimistic that MATIC will continue to rise and maybe be able to follow the previous 2 coins namely ETH and BNB.

[raidarksword]

In crypto anything is possible and it could happen in the future for Polygon as it's one of the best project in the industry and top 10 on coinmarketcap as well which makes it more groundbreaking to reach its ATH in the future. Polygon have great partnerships, solid foundation and great community as well that's why we should not sleep on MATIC.

[royalfestus]

When the dip comes traders will be looking at many coins, and I came across this comparison. However, the challenging part was what polygon described doing with the money.  It makes it difficult to make a decision if there is no clarity about the coin.

In terms of funding, Polygon has received more than 130 million more than Solana

People are paid to use the chain and acquire companies by Polygon with this money

As for Solana, it uses it to improve the technology and build the community

Source; https://twitter.com/0xMert_/status/1600147644763906051?s=20&t=d9bF6AKisZKLESVZJRVHdA

[lixer]

Long journey to be able to see the price of MATIC can reach $ 20, currently the price is around 90 cents and is a good start for investing in MATIC, I am optimistic that MATIC will continue to rise and maybe be able to follow the previous 2 coins namely ETH and BNB.

Yeah right, because matic's ath is only 2 dollars+ and I think matic is not a new coin so maybe this was it's only potential. Anyway, it is still fine to invest on this coin because its value is still dump and once it returns to its previous ath, we can still be able to earn decently. For sure it will since matic isn't just a normal coin but it was among the top coin.

Eth and bnb are unfortunately still bigger than in matic so I do not think matic can be on their levels but there are other top coins out there which are can possibly be bypassed by matic. I guess that is already enough for those matic supporters to be proud of their coin and they shouldn't expect more.

[Pamadar]

Long journey to be able to see the price of MATIC can reach $ 20, currently the price is around 90 cents and is a good start for investing in MATIC, I am optimistic that MATIC will continue to rise and maybe be able to follow the previous 2 coins namely ETH and BNB.

Yeah right, because matic's ath is only 2 dollars+ and I think matic is not a new coin so maybe this was it's only potential. Anyway, it is still fine to invest on this coin because its value is still dump and once it returns to its previous ath, we can still be able to earn decently. For sure it will since matic isn't just a normal coin but it was among the top coin.

Eth and bnb are unfortunately still bigger than in matic so I do not think matic can be on their levels but there are other top coins out there which are can possibly be bypassed by matic. I guess that is already enough for those matic supporters to be proud of their coin and they shouldn't expect more.

Still far from ETH and BNB who are already established and become big, but likewise, still have a good potential since the value of Matic
still far from the last time ATH and if you are aiming for profits, this project is still one of those good picks.

You'll be luckier if the pump will reach $20. Maybe there are still investors who will keep and
hold till it being reached but in most cases, traders are satisfied with what they've got, as long as
it's green from their initial then it's good to go.

[Crypto Legend]

Long journey to be able to see the price of MATIC can reach $ 20, currently the price is around 90 cents and is a good start for investing in MATIC, I am optimistic that MATIC will continue to rise and maybe be able to follow the previous 2 coins namely ETH and BNB.

Yeah right, because matic's ath is only 2 dollars+ and I think matic is not a new coin so maybe this was it's only potential. Anyway, it is still fine to invest on this coin because its value is still dump and once it returns to its previous ath, we can still be able to earn decently. For sure it will since matic isn't just a normal coin but it was among the top coin.

Eth and bnb are unfortunately still bigger than in matic so I do not think matic can be on their levels but there are other top coins out there which are can possibly be bypassed by matic. I guess that is already enough for those matic supporters to be proud of their coin and they shouldn't expect more.

Still far from ETH and BNB who are already established and become big, but likewise, still have a good potential since the value of Matic
still far from the last time ATH and if you are aiming for profits, this project is still one of those good picks.

You'll be luckier if the pump will reach $20. Maybe there are still investors who will keep and
hold till it being reached but in most cases, traders are satisfied with what they've got, as long as
it's green from their initial then it's good to go.

At the end I found out that I was very eager to buy automatic and even bought when I reached ATH, which is $ 2.8, now the price of dropping is significant and makes me have to be patient, but I'm sure when the market rising, the price of matic can skyrocket and touch 10x in 2023.