Can Coin Matic (Polygon Network) reach $3 dollars in the near future?

[Ahli38]

all must have been familiar with this one coin. i.e. MATIC (Polygon Network) this coin is enough for my heart to keep holding it. until the target price is reached. in the following I introduce a little about this one coin.

Polygon Network (MATIC) is a decentralized protocol for building and connecting multiple Ethereum-compatible networks. Polygon was created to provide solutions to several blockchain-related issues, such as high gas fees and slow speeds, but without paying attention to security aspects.

The MATIC coin itself is an ERC-20 token that is used to pay transaction fees and works as a token governance within the Polygon protocol. In addition, MATIC can also be used for staking in the Polygon network.

and Polygon Matic are built on top of the Ethereum network but can operate independently of Ethereum. It has its own blockchain network and its own applications. However, the Polygon Matic app is compatible with the Ethereum network and vice versa.

Investment in Matic Coins is quite promising because you can see the graph of price movements that continue to rise when you look at the annual chart.

This one coin was originally built in India and originally called the matic network. Matic itself was created by several Ethereum developers, namely Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic.

if we look at this matic trend is increasing day by day. and the consistency of the holder is quite strong. so that we can see the price from year to year continues to increase.
whereas Polygon adds tokens every month with a maximum MATIC supply limit of 10 billion. According to the release schedule, all MATIC tokens will be on the market in December 2022.
but the price looks very stable and strong. and last night we saw bitcoin rising again and may continue to rise. and MATIC doesn't want to be left behind, that is, it goes up and its trading volume also increases.
but the problem is can this MATIC coin penetrate $3 dollars in the near future?
please describe the analysis of all my friends. and hopefully can be used as a reference for all friends who later read this topic. to be raised in the decision to participate in buying or not this Matic coin.

thank you very much.

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[Fundamentals Of]

I think Polygon is a strong altcoin project. It definitely has a brighter future if it continues to be very active in its project development and would continue to innovate and offer something new to the crypto community. But the problem with the altcoin market is that projects rise to become very popular only to end up forgotten after some time. This might also be true to Polygon. But if they have a new product release, an update, or a new partnership that is big enough for MATIC to pump while Bitcoin's price is also rising, then that could be a perfect recipe for MATIC to hit $3. But that is not guaranteed. There has to be a strong bullish rally for that to happen.

[DapanasFruit]

The circulating supply of Polygon (MATIC) is 7.70 Billion according to the figures provided by CoinMarketCap so if there is a potential of getting into $3 (it is now at $1.69) then its coming market cap can be reaching more than $20 Billion. I would say that if things are gonna be leveling up for MATIC in terms of adoption and excitement then maybe there is a big chance it can get into that level...though this may not be happening that fast.

[MAAManda]

I'm not sure the Matic will hit $3 any time soon, but it's not impossible. According to Coin Price Forecast, they predict Matic will reach a price of $3 in 2025, a price of $4 in 2027 and a price of $5 in 2033.

For more information on their predictions for Matic, you can visit the following link: https://coinpriceforecast.com/polygon

[rat03gopoh]

$3 is close to the ATH price (around $2.8 ), this is probably achievable. But it is worth looking at some of the competing platforms if you mention the target time of achievement. According to Coingecko, currently there are at least more than 100 smart contract-based platforms and most of them are ethereum forked. Market behavior also affects, the only hope is that we will soon enter the bullrun phase.

[Farma]

ATH from Matic is almost $3. based on CMC, that's about $2.92. it makes me think that it is very possible for the Matic to reach the price of $3. although it takes a big push, and maybe a bull market, but if we look at the current price of the Matic, we only need less than a 100% increase to see that price reach. maybe not in the near future, but based on the functionality of this coin, the potential is huge. maybe next year, or next year again. no one knows, but the potential is really there. well, in the near future, maybe the initial target for this coin is $2.

[Kunnu]

This could happen in near future, there are some possibilities for Matic to rech $3 price range according to my estimate it may happen when BTC will broke its previous ath although this is unpredictable to explain nevertheless the strong fundamental and technical base of Polygon ecosystem indicates positive signs which may leave positive impact on Matic for sure.

[someone703]

Yes, it is entirely possible to achieve even higher value in the future. We all understand and see the potential it is creating in this space, but anyway, for now, the dependence still depends on the BTC trend, but perhaps everyone believes the market will recover soon in the near future.

[tvplus006]

all must have been familiar with this one coin. i.e. MATIC (Polygon Network) this coin is enough for my heart to keep holding it. until the target price is reached. in the following ...

It seems that you have already made a choice for yourself to keep Matic until the price reaches $ 3 and no comment will be able to change your opinion. No matter how trite it may sound, but the price of Matic depends on the price of BTC. And if the bitcoin price reaches its ATH, then we will see ATH for Matic as well.

[bitkanu]

but the problem is can this MATIC coin penetrate $3 dollars in the near future?

Since the sky was the limit and why are you feeling pessimistic about that? Even when matic reach $3 and the marketcap will still under 30 billions marketcap. That's still even lower than terra luna and solana.
This may possible to happen but the thing that makes me feeling doubt about that if i rarely seen a second layer blockchain can worth a big marketcap like that as mostly the big marketcap owned by the first layer blockchain like solana, avalanche, polkadot. We need a miracle to make it happen and i didn't even know when that will be happening for sure.
We will see that what will be happening with it soon.

[Outhue]

Matic is a very good altcoin and I'm sure its usefulness will keep growing big in future, this is one of the few coins that I plan to hold for a very long time because of its use case, Matic, Avalanche, Luna will be worth more someday, HODL like your life depends on it.

[lobo13hf]

Doubt if matic can reach such value. that will be over valuation for matic if that will be reaching $3. It's caused by matic has no another usability other than become a second layer blockchain solution for ethereum.
You can also compare this solana and the matic community was not so big as solana. I think that if this is not an impossible rate but it will be a very hard rate to be achieved by matic.
The ATH of matic was almost $3 and that makes it looks possible for matic to achieve such rate with the big hype.
The only thing that make it possible to happen must be the big hype to pump the price of matic to go to the moon.

[LogitechMouse]

Anything is possible in crypto. In crypto, expect the unexpected.
The ATH of MATIC is near 3$ so there is a chance that it might reach that price again. Its only a matter of when it will happen but on the other hand there is also a chance that it might also not happen.

Overall, the project is good and its still in development as well. Many NFT games such as Pegaxy are being created under Polygon blockchain and I think more projects will be created under that chain because of its low transaction fees and faster speed. I'm also thinking of holding some Polygon in the future. .

[cryptoperkele]

I'm not sure the Matic will hit $3 any time soon, but it's not impossible. According to Coin Price Forecast, they predict Matic will reach a price of $3 in 2025, a price of $4 in 2027 and a price of $5 in 2033.

For more information on their predictions for Matic, you can visit the following link: https://coinpriceforecast.com/polygon

I would definitely give MATIC high probability of hitting $3 this year, but i wouldn't trust any prediction site (like you posted) that doesn't keep previous predictions because only reason for not having them is that they have been constantly wrong about everything.