Polygon (MATIC) to $20?

[Hallroom]

I don't think Matic will ever grow as stable as it has started. When all other points increase in price, the matic is not increasing in price at all. I invested in Matic in February at 1.29 dollar but now I am currently facing a lot of losses. Even though the price of Bitcoin is increasing, the price of Matic is not increasing, so I don't think it is possible for Matic to ever hit $20.

[Hallroom]

there is still a long way to go to reach $ 20 for matic, because the New Year's price in 2021 is at $ 2.8,
I am more realistic if Matic reaches $ 10 in the next bullish, because $ 20 for matic for me is something that will be difficult to achieve,
especially now that matic is in the top 10 coinmarketcap.

If there is no good news on Matic Coin, its price will never rise to a good level. Because the supply of matic coins is high, there is a large amount of coins available to holders. So even if it's in the top ten coins in this market and in the future and coin marketcap, I think it's not possible to be $20. Because to be 20 dollars, there must be a lot of good news and the supply must be reduced.

[o48o]

If there is no good news on Matic Coin, its price will never rise to a good level. Because the supply of matic coins is high, there is a large amount of coins available to holders. So even if it's in the top ten coins in this market and in the future and coin marketcap, I think it's not possible to be $20. Because to be 20 dollars, there must be a lot of good news and the supply must be reduced.

As long as Reddit avatars will be using matic it will have future, but i wouldn't count on them keep using it when better opportunity arrives. I don't think it's news that would carry this token as they already had their share of it. But i totally can see reddit carrying this to ath onc again (unless reddit figures out a better nft solution).

[Abiky]

I don't think Matic will ever grow as stable as it has started. When all other points increase in price, the matic is not increasing in price at all. I invested in Matic in February at 1.29 dollar but now I am currently facing a lot of losses. Even though the price of Bitcoin is increasing, the price of Matic is not increasing, so I don't think it is possible for Matic to ever hit $20.

That's because it isn't "altcoin season" yet. Bitcoin is getting all of the attention because of the recent collapse of major banks in the US. It's being considered by investors as a safe-haven asset from this crisis. But the real "pump" will happen right after the BTC halving of 2024. MATIC holds a very bright future ahead of it, considering that big names are heavily invested in it.

For the cryptocurrency to retain high prices for long, developers must introduce a burning mechanism into the protocol. Otherwise, don't expect much from it in the future. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. As long as Polygon (MATIC) does the job it's supposed to, there should be nothing to worry about. Just my opinion

[kevinzxz]

for the price of Matic to $ 20 it might happen, but it will take a long time, because I'm sure if the next bullrun occurs, then the price of Matic might only reach $3-$5 or the highest price can reach $8-$10, therefore if you want to wait for the price of Matic to reach $ 20, then you have to be patient and hold for the long term, because I'm sure in the future the price of Matic can definitely reach $20 (although it will take a long time).

[nimogsm]

for the price of Matic to $ 20 it might happen, but it will take a long time, because I'm sure if the next bullrun occurs, then the price of Matic might only reach $3-$5 or the highest price can reach $8-$10, therefore if you want to wait for the price of Matic to reach $ 20, then you have to be patient and hold for the long term, because I'm sure in the future the price of Matic can definitely reach $20 (although it will take a long time).

I have about the same price predictions.I think the whole altcoin market will be greatly changed after the Bitcoin halving and then many alts can show a good increase in price. Matik has a token burning program and it will only be a plus in the future,but it takes years to burn a lot of tokens, so even the price of five dollars will depend on many factors.

[Boomber]

of course I'm sure if the price of Matic can reach $20, because for now I think the gas fee from Matic is very low and transactions using the blockchain from Matic are also very fast, besides that you can also staking Matic that you have with a good APY, so that can make investors even more interested to investing in Matic and I'm sure if the next bullrun occurs, then the price of Matic can definitely reach $20.

[jacafbiz]

Matic is losing its edge in the L2 game, thanks it was able to position itself early as a strong L2 player but the influx of new solutions coming to the space is giving it a ride for its money. The issue with Polygon is that it wants to be a standalone blockchain and also a L2 solution. For the price I don't expect much from the price of Matic going forward the narrative to pump the price has played out already, and I will rather bet on a new L2 like $Arb that has not pumped a lot and has the potential to hit the market cap of Polygon which is 10X from the current price level than invest in Matic token

[RussianEnglishTranslation]

I don't think Matic will ever grow as stable as it has started. When all other points increase in price, the matic is not increasing in price at all. I invested in Matic in February at 1.29 dollar but now I am currently facing a lot of losses. Even though the price of Bitcoin is increasing, the price of Matic is not increasing, so I don't think it is possible for Matic to ever hit $20.

Matic can hit 100 dollars, it has great partnerships, real utility, and is technically much better than Ethereum. The only thing that worries me about MATIC is that Binance controls so much of the supply and that the multi-sig is held by a small group of people in the same area in India. What if they rug? For me, I prefer investing in projects that are new like Q Blockchain and Shardeum, they have much more upside.

[HONDACD125]

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.

Wherever we talk about smart contract blockchain, we definitely see this How many Dapps are being created among them?Because that is what will decide how much it will increase in value. And the second important thing is development ,There have also been developments in Polygon matic And many new dapps have also come. And secondly, polygon matic is getting better and better.If we look at its development, it will reach its all-time high very soon.It is a crypto that people have bought in good quantity.Price prediction experts are predicting it to go up to two dollars in 2023.

Its developers say they see PolygonMatic among the top three cryptos.If we look at this point of view, polygon matic can make it to the top 3.And to say that it could cost as much as $20 would be possible.But at the same time we have to be careful where we become overconfident and we face difficulties.There will be difficulties in the way of Matic too but it is going smoothly towards its target and according to the developments it will cross its target.

[kapalmabur]

of course I'm sure if the price of Matic can reach $20, because for now I think the gas fee from Matic is very low and transactions using the blockchain from Matic are also very fast, besides that you can also staking Matic that you have with a good APY, so that can make investors even more interested to investing in Matic and I'm sure if the next bullrun occurs, then the price of Matic can definitely reach $20.

Even if you feel confident, but again I think it's necessary to think realistically,
indeed Matic is one of the potential altcoins but it will take time to reach $20,
what is clear is that anything can happen and let's see in the future.

[btc78]

of course I'm sure if the price of Matic can reach $20, because for now I think the gas fee from Matic is very low and transactions using the blockchain from Matic are also very fast, besides that you can also staking Matic that you have with a good APY, so that can make investors even more interested to investing in Matic and I'm sure if the next bullrun occurs, then the price of Matic can definitely reach $20.

Even if you feel confident, but again I think it's necessary to think realistically,
indeed Matic is one of the potential altcoins but it will take time to reach $20,
what is clear is that anything can happen and let's see in the future.

Polygon(MATIC) keeps position in top 10 actually rank 9 till now according to the market
https://coinmarketcap.com/currencies/polygon/
so I think the potential is still there but reaching 20$ value now or tomorrow is maybe impossible .
but lets see in the Bull run , there might be chances of earning that.

[raidarksword]

This is the perfect time to buy MATIC hence price is very low at the moment and it will be huge in the upcoming bull run market which makes a great sentiments and be hopeful that MATIC will do good in the next bull seasons. That's why it's a golden opportunity to buy matic at this low price and 20$ price speculation is very possible in this industry.

[kevindjunaidi]

I personally believe if Matic can reach $20, it's just possible in the long term, because if there is a bullrun at this time, then I believe Matic price may only reach $5, so now is still the right time to do DCA Matic and hold Matic for the long term, because I believe that Matic is the best investment for the long term (maybe around 5 years) and the price might reach your target ($20).

[nimogsm]

I personally believe if Matic can reach $20, it's just possible in the long term, because if there is a bullrun at this time, then I believe Matic price may only reach $5, so now is still the right time to do DCA Matic and hold Matic for the long term, because I believe that Matic is the best investment for the long term (maybe around 5 years) and the price might reach your target ($20).

I think we will be able to see a maximum of five dollars and this is provided that there is a bull market. Now there are more and more new blockchains that have large fan bases and minimal commissions in the network and it looks like they will intercept all the focus and initiative on themselves.

[judaspriest]

I personally believe if Matic can reach $20, it's just possible in the long term, because if there is a bullrun at this time, then I believe Matic price may only reach $5, so now is still the right time to do DCA Matic and hold Matic for the long term, because I believe that Matic is the best investment for the long term (maybe around 5 years) and the price might reach your target ($20).

Whether Matic will reach $20 or not I don't know but indeed Matic is a potential coin,
I prefer to be realistic even though we never know what will happen,
the most important thing is to make it clearer, just keep following the developments.

[kotajikikox]

I personally believe if Matic can reach $20, it's just possible in the long term, because if there is a bullrun at this time, then I believe Matic price may only reach $5, so now is still the right time to do DCA Matic and hold Matic for the long term, because I believe that Matic is the best investment for the long term (maybe around 5 years) and the price might reach your target ($20).

Still hanging in rank number 9 shows how strong the investors and the dev supporting this project

Polygon MATIC graph




Not as bad as the recent week though the market is still showing weak this week.

- Buy at your own risk.

- Try Holding for longer time than what you expected.

if you can build that attitude then yes , you might earn from this.

[RussianEnglishTranslation]

Polygon is cheaper than Ethereum now but gas fees did go up significantly during DeFi summer. I prefer gasless L1's like Q Blockchain and Shimmer. Both of these are EVM compatible but don't cost you anything to use the network. Technically Q Blockchain has gas fees but gas fees spent are reimbursed so it is essentially free.

[raidarksword]

MATIC is struggling to bounce in the market that's why it's a good buy nowadays hence market is bloody right now and this is a golden opportunity to fill bags before MATIC will recover and the market as as whole. DCA will be good strategy to be able to make a good profit with the current market situations right now.

[Sebas.tian]

I think, there is an opportunity for the price of polygon to reach $20 before the end of December 2023 because the team are seriously working to ensure they achieve more customers that will help them to spread the information about their favourable service to other customers in the market. It will be advisable for long term traders to do everything possible to embrace polygon by investing a huge amount of money in this season, because there is a confidence of achieving something special in the future when the price of polygon increase higher. I think, Many investors will change their minds because of the cheaper gas fees that involved which are some of the things investors consider before investing to any potential altcoins.