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Author Topic: Polygon (MATIC) to $20?  (Read 5844 times)
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February 06, 2023, 07:52:41 PM
 #461

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

It's notable that Matic is one of the most pumped coins in every market pump. Alongside with the news, we should consider some facts:
1- Although we are in a bear market, Matic is now the 5th Blockchain protocol in TVL (Total Value Locked).
2- Matic is one of the best assets with regards to development activities in the past two years.

The project development seems to be going on. That proves the team are serious, unlike a lot of projects with high market caps that stopped or slowed down the development of their products.

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February 06, 2023, 08:19:00 PM
 #462



Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much. Smiley
Year has been passed and matic has not reached to 3$ yet. Now question is why matic. Not reached to 20$ so answer is because of some factor like it's total supply is 10 billion which is very high. Fee is very low but transaction speed is not smooth like other competitive Blockchain.
Because of low fee Miners and liquidity providers cannot make high yield. Investors generally look for this high yield thus they choose Ethereum and other competitive of Polygon and polygon not reached 3$ so far.
Future of this coin is looking good and many big Partnerships we have seen in this previously years. Market condition is also not good. Maybe In next bull we see massive increase in price like Aptos and Sol but it's all depends upon attraction of investors









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February 07, 2023, 03:28:08 PM
 #463

It wouldn't be surprising if Matic reached twenty dollars.  Because we have already seen many coins rise from zero.  Currently the price of Matic is 1.99 dollars but till now the market price of Matic is very low from which the market has to change a lot to reach 20 dollars. But I think the total supply of matic coin is relatively high as compared to other coins and as a result the value of this coin is not increasing much due to the presence of this coin in the market. But if the total supply can be reduced a little, then I think the market of Mathic will increase a little. However, since ALT coins are dependent on Bitcoin, if the price of Matic reaches 20 dollars, the price of Bitcoin will have to increase a lot. But since nothing is impossible for cryptocurrencies, we can expect the price of Matic to reach $20.
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February 07, 2023, 03:54:54 PM
 #464

It wouldn't be surprising if Matic reached twenty dollars.  Because we have already seen many coins rise from zero.  Currently the price of Matic is 1.99 dollars but till now the market price of Matic is very low from which the market has to change a lot to reach 20 dollars. But I think the total supply of matic coin is relatively high as compared to other coins and as a result the value of this coin is not increasing much due to the presence of this coin in the market. But if the total supply can be reduced a little, then I think the market of Mathic will increase a little. However, since ALT coins are dependent on Bitcoin, if the price of Matic reaches 20 dollars, the price of Bitcoin will have to increase a lot. But since nothing is impossible for cryptocurrencies, we can expect the price of Matic to reach $20.

I hurried to check when you mentioned it's 1.99$ Damn dude!  
Polygon has technical advantages and strong partnerships with projects and companies. The more reason to believe it will go up I think is because Matic climbed up its rank to the top 10 on CMC which really is just as amazing how the project beats the hyped tokens. Better security and interoperability which developers are saying its easier to launch projects in Polygon with accessible infrastructure.


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February 07, 2023, 07:30:55 PM
 #465

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize
Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.

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February 08, 2023, 03:54:41 PM
 #466

Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.
BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.
No, he didn't compare that two big coins to Matic but he was only saying that these two coins are also rising and we know what can happen when these two giants rose. Yes that's right, other coins can follow up as well, and the reason why Matic's percentage gain looks higher is because matic is much smaller but we shouldn't only focus on the gain. When matic or other smaller coins dump, their dumps are also huge.

Anyway, That's great if matic is the first to hit its ATH. That is still commendable even if it can not reach 20 dollars for now or on the next few months/years. $20 for Matic might still take time and its devs will need to improve their coin more.

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February 09, 2023, 11:30:11 AM
 #467

It's notable that Matic is one of the most pumped coins in every market pump. Alongside with the news, we should consider some facts:
1- Although we are in a bear market, Matic is now the 5th Blockchain protocol in TVL (Total Value Locked).
2- Matic is one of the best assets with regards to development activities in the past two years.

The project development seems to be going on. That proves the team are serious, unlike a lot of projects with high market caps that stopped or slowed down the development of their products.

These metrics tells us there's more to MATIC "than meets the eye". I'm pretty sure this coin will "explode" in price after the next bull market. It might rise all the way to the top 5 ranks in market cap someday. If Solana went to around $200 per coin (even though it's an extremely-centralized and flawed chain), then Polygon (MATIC) could easily hit $20 per coin. Early holders of the coin like myself would become filthy rich if that happens. The cryptocurrency is still trading within the $1 range, so why not take the opportunity to grow your stack of coins for the future?

Depending on how popular MATIC gets, it's possible it could displace Solana as the leading chain for NFTs. Only then, it will compete with BNB as the third-biggest smart contract platform in the world. It won't compete with ETH directly, especially when Polygon relies on the ETH blockchain for security (sort of like a sidechain). With blazing-fast speeds and low gas fees, MATIC has everything it needs to reach mass adoption worldwide. Who knows how far will the cryptocurrency go? Just my thoughts Grin

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February 09, 2023, 06:25:07 PM
 #468

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.

Yes I do agree that MATIC price at the moment is 1.26$ and is ranked at number 10 on CMC but that doesn't mean it wont go up to 20$ or above.  Remember Bitcoin was once zero dollar likewise there are many Alts that have gone to new heights starting from same value at which MATIC is at the moment. MATIC has established itself as one of major player of DeFi space and its future is very much attached to how Defi market will behave.   
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February 10, 2023, 02:01:42 PM
 #469

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.
Yes I do agree that MATIC price at the moment is 1.26$ and is ranked at number 10 on CMC but that doesn't mean it wont go up to 20$ or above.  Remember Bitcoin was once zero dollar likewise there are many Alts that have gone to new heights starting from same value at which MATIC is at the moment. MATIC has established itself as one of major player of DeFi space and its future is very much attached to how Defi market will behave.   
Let's always stick to the most possible scenario and $5 for me on MATIC isn't likely a huge feat. Moreover, $20 is not too far-fetched considering the technology of it, the institutional investors behind, there are lot of integration of social medias with the likes of Instagram and a lot more. The anticipated catalyst event for MATIC is their scaling solution ZK rollup and this likely a trend for a year now and likely will make MATIC to break ATHs.
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February 12, 2023, 07:15:59 AM
 #470

Polygon co-founder Mihailo Bjelic wants to bring Zk technology to its main chain. He believes it would ensure privacy, security and integrity of blockchain applications on the main net.
He believes this new scaling technique could make its ecosystem move forward https://www.coindesk.com/learn/what-are-rollups-zk-rollups-and-optimistic-rollups-explained/

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February 12, 2023, 06:11:52 PM
 #471

Let's always stick to the most possible scenario and $5 for me on MATIC isn't likely a huge feat. Moreover, $20 is not too far-fetched considering the technology of it, the institutional investors behind, there are lot of integration of social medias with the likes of Instagram and a lot more. The anticipated catalyst event for MATIC is their scaling solution ZK rollup and this likely a trend for a year now and likely will make MATIC to break ATHs.

Meta in start of November announced that they will test feature (with limited users in USA) that will allow Instagram users to mint, showcase and sell NFTs on Polygon. The price of Polygon went up after this announcement but never heard that this feature is fully integrated in Instagram or not (correct me if its integrated). Rest Polygon ZK rollup is no doubt innovative and will be the prime reason to take MATIC to 5$ or above.
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February 17, 2023, 08:09:41 AM
 #472

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize
Well bitcoin is also in that high for the last couple of weeks and also ethereum has this so it means this is not new to expect because Matic is a good and potential coins that of course I also trust.
so lets see what comes next for this coin as we as Polygon supporters? may not expect that high but at least to see it go above 5$.

BTC and ETH isn’t comparable with Matic because both of these coins position is number 1 & 2 in crypto market. Today Matic hit 1.26$ i think which is a new ATH in the last a few months. Yeah, i don’t expect 20$ but i of course hoping that it can be hit at least $5 in the next bull run.
what? not just because those are in the ranking position meaning it isn't comparable to MATIC lol.

Polygon has its character that is something other users wanted to support and use , so never understimate a currency just because it is in lower rank and valuing small amount because you will never knew what happened in the coming years.

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February 17, 2023, 12:14:11 PM
 #473

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
not this year, but probably in 2025 it will be $10, because today Matic touched $1.4 and it looks better, I think $10 is the closest price 2 years from now, not sure if $20 because it's too expensive to buy Matic

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February 17, 2023, 10:32:52 PM
 #474

It's notable that Matic is one of the most pumped coins in every market pump. Alongside with the news, we should consider some facts:
1- Although we are in a bear market, Matic is now the 5th Blockchain protocol in TVL (Total Value Locked).
2- Matic is one of the best assets with regards to development activities in the past two years.

The project development seems to be going on. That proves the team are serious, unlike a lot of projects with high market caps that stopped or slowed down the development of their products.

These metrics tells us there's more to MATIC "than meets the eye". I'm pretty sure this coin will "explode" in price after the next bull market. It might rise all the way to the top 5 ranks in market cap someday. If Solana went to around $200 per coin (even though it's an extremely-centralized and flawed chain), then Polygon (MATIC) could easily hit $20 per coin. Early holders of the coin like myself would become filthy rich if that happens. The cryptocurrency is still trading within the $1 range, so why not take the opportunity to grow your stack of coins for the future?

Depending on how popular MATIC gets, it's possible it could displace Solana as the leading chain for NFTs. Only then, it will compete with BNB as the third-biggest smart contract platform in the world. It won't compete with ETH directly, especially when Polygon relies on the ETH blockchain for security (sort of like a sidechain). With blazing-fast speeds and low gas fees, MATIC has everything it needs to reach mass adoption worldwide. Who knows how far will the cryptocurrency go? Just my thoughts Grin

It does seem like MATIC (Polygon Network) has the right partnerships to be a powerhouse in the next bull run.  They seem well positioned to be the chain of the metaverse and the affordable option for large companies to use to issue their NFTs.  I don't see any reason why MATIC won't continue to rise in value.  If BTC sees a x10 from here, I could easily see MATIC hitting $20, or maybe even $50 in the next bull run.  I think I would be a bit surprised if it didn't at least test it's previous all time high.  The only thing bearish about this coin is that it's already seen an incredible rise in value.

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February 18, 2023, 01:15:37 AM
 #475

I can't predict because I'm still a beginner in crypto.
but this time the price of Polygon matic has not yet reached 20 dollars, but I think it will take a lot of time to touch 20 dollars.
but we won't know for the next like 3 years.
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February 23, 2023, 11:30:12 AM
 #476

It does seem like MATIC (Polygon Network) has the right partnerships to be a powerhouse in the next bull run.  They seem well positioned to be the chain of the metaverse and the affordable option for large companies to use to issue their NFTs.  I don't see any reason why MATIC won't continue to rise in value.  If BTC sees a x10 from here, I could easily see MATIC hitting $20, or maybe even $50 in the next bull run.  I think I would be a bit surprised if it didn't at least test it's previous all time high.  The only thing bearish about this coin is that it's already seen an incredible rise in value.

There's strong adoption for MATIC, so it should only be a matter of time before market prices skyrocket like crazy. People often overlook Polygon because they're foused on Solana and Ethereum. But they will eventually switch to Polygon, after it continues to be embraced by renowned companies in the mainstream world. $20 per coin is nothing if BTC continues to drive the crypto market all the way to the moon. MATIC is trading below $1, so why not buy more coins to stock them up for the future? Imagine if developers decide to burn MATIC tokens in the long run. It's price will increase to levels beyond compare.

Sounds crazy, but anything's possible in crypto land. If Solana went to $200, then Polygon could easily go to $20. Who knows what the future holds for the cryptocurrency? Just my opinion Smiley

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February 23, 2023, 06:43:43 PM
 #477

It does seem like MATIC (Polygon Network) has the right partnerships to be a powerhouse in the next bull run.  They seem well positioned to be the chain of the metaverse and the affordable option for large companies to use to issue their NFTs.  I don't see any reason why MATIC won't continue to rise in value.  If BTC sees a x10 from here, I could easily see MATIC hitting $20, or maybe even $50 in the next bull run.  I think I would be a bit surprised if it didn't at least test it's previous all time high.  The only thing bearish about this coin is that it's already seen an incredible rise in value.

There's strong adoption for MATIC, so it should only be a matter of time before market prices skyrocket like crazy. People often overlook Polygon because they're foused on Solana and Ethereum. But they will eventually switch to Polygon, after it continues to be embraced by renowned companies in the mainstream world. $20 per coin is nothing if BTC continues to drive the crypto market all the way to the moon. MATIC is trading below $1, so why not buy more coins to stock them up for the future? Imagine if developers decide to burn MATIC tokens in the long run. It's price will increase to levels beyond compare.

Sounds crazy, but anything's possible in crypto land. If Solana went to $200, then Polygon could easily go to $20. Who knows what the future holds for the cryptocurrency? Just my opinion Smiley

I agree with your stement above but matic is now trading at link $1.40 hasn't been under a buck for awhile.  Still a great price to buy in though.  We are at or near the bottom amd the future outlook for matic is good.  Price will inevitably rise once a new bull market is established.  I don't think it's if I just think the wlquestion is when.

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February 24, 2023, 02:45:24 AM
 #478

The Polygon (matic) platform is currently gaining popularity. As Bitcoin grows, Polygon Coin keeps pace. And it is a well-known fact that a large investor with backing will certainly have the chance to go the longest.  May be more than $20 if the number of investors increases. As was the case with Dougie Coin, the price rose overnight after Elon Musk took over the platform. So if such an investor takes polygon support, it is normal to exceed 20 dollars. Moreover, if the price of Bitcoin increases, the price of Polygon Coin will increase in the market.

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February 25, 2023, 07:53:38 AM
 #479

Polygon zkEVM Mainnet Beta will be launching on March 27th. This will allow for Ethereum to scale without being limited.
Next week there is a audited testnet for Polygon zkEVM.  https://polygon.technology/blog/the-audit-upgraded-testnet-for-polygon-zkevm

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February 25, 2023, 01:35:31 PM
 #480

The Polygon (matic) platform is currently gaining popularity. As Bitcoin grows, Polygon Coin keeps pace. And it is a well-known fact that a large investor with backing will certainly have the chance to go the longest.  May be more than $20 if the number of investors increases. As was the case with Dougie Coin, the price rose overnight after Elon Musk took over the platform. So if such an investor takes polygon support, it is normal to exceed 20 dollars. Moreover, if the price of Bitcoin increases, the price of Polygon Coin will increase in the market.
Matic is already popular even before. To be precise, it gained popularity by the time ETH fees are rising through the roof. People ran there and use it as an alternative. I think ETH fees have slowly returned to normal and maybe the hype of matic is slightly going down as well.

There are now coins which are better than matic so I don't think matic will ever reach $20. Dogecoin pumped before but it was only an artificial pump. It happened only because some famous personalities are shilling it. Even though matic didn't reach a high price like that, matic was still far better than doge coin. Matic doesn't need a kind of similar support because the coin can stand on its own.
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