MATIC LEADING THE ALTCOINS MARKET

[Famous Grouse]

It's very obvious matic is leader among all cryptos ATM
👀

[cabron]

Polygon team partnered with big companies including Disney and I think Amazon also?

$1.27 I think was the peak of the MATIC this week and has dropped. It's a good run, and holders staking on Binance had been sharing thier PnL up to $1200 a day, which is a tremendous earning in just a day. Hope to see it bounce again as it had not reached its ATH of the week chart. The FTX fiasco made the recovery break off though.

[BATHES]

But it's really unstable. There will be many small problems with long-term use. The stability of the entire experience also needs to be optimized, otherwise the experience will be too poor, and encrypted users need to be stable and secure.

[el kaka22]

I don't get it, why do people do not come up with a solid reasoning for their statements anymore? You can say whatever you want to say, it is your right and you should do whatever you want to do, however wouldn't it be more reasonable if you just came up with "why" you think like that?

If you think matic is leading all alts, I can point out that ETH, BNB, XRP, ADA, DOGE all of these are still above it in market cap. If it is only about the past 7 days increase then OKB is doing better too and many lower level ones if we are looking at that. So, just because there is a coin that went up a little bit doesn't make it lead anything, I am sure I could find some low cap coin and buy 10k dollars worth of it and make it go up %500 easily, doesn't make it any better.

[dlightag]

That is a good move for polygon Matic network, with a big partners that are coming into the chain, which make it more stronger, and beside, matic token is good to invest for future profits base on the current price of matic at less than 1 dollar per token, but it have future use-case platform that can make the price skyrocket soon or next bull run market.

[Mr. Magkaisa]

It's very obvious matic is leader among all cryptos ATM
👀

  - Matic(polygon) is undeniably one of the best investments in cryptocurrency today when it comes to the long term, even in the short term it can also produce us a profit in our daily lives. But I can't say that Matic is the leader in the altcoins market.

It's just that Dogecoin is a class of meme coins but its marketcap is around 10-11B$+( https://coinmarketcap.com/currencies/dogecoin/ )
Whereas Matic's markecap is at 8B$ almost only according to CMC (https://coinmarketcap.com/currencies/polygon/)

[poodle63]

Since FTX has been investing small amounts of money into polygon and this can't be dumped like solana. That's why people having faith in polygon. The recovery that happened in polygon is really fast at this moment compared with another project.
It's caused by polygon has been trying to expand its ecosystem.

The cooperation with meta has proven if polygon must be consired as a very good project. i don't even se any layer 1 project that was making big partnership with major company. I would not be surprised if matic can recover really fast compared with another project in the crypto ecosystem.

Matic is still on fire despite the dump that already happened in the market. Matic would be very big in the future.

[binglanglady]

Polygon team partnered with big companies including Disney and I think Amazon also?

$1.27 I think was the peak of the MATIC this week and has dropped. It's a good run, and holders staking on Binance had been sharing thier PnL up to $1200 a day, which is a tremendous earning in just a day. Hope to see it bounce again as it had not reached its ATH of the week chart. The FTX fiasco made the recovery break off though.

I'm also looking forward to his rebound, I'm a long-term holder of MATIC for three years. The operation of MATIC is very good, and the data is also very good. In my heart, she is the handsome star.

[Lorokan]

It's very obvious matic is leader among all cryptos ATM
👀

i do not know if this is just me, but matic team has done incredible work in the past few months. From making matic network an nft hub through reddit nft events, phaver lens nft event and more on the matic network. These has caused the chain to grow tremendously than previously expected, and the reality is that it can only grow bigger

[jossiel]

It's very obvious matic is leader among all cryptos ATM
👀

How and why?

I'm taking a look at it and I can say that it didn't moved that much during the all time high. And while we're in a bear market, the price of it is just half from its ATH.

And that means to say that it's still got a lot of room to improve when the bear market's done. But I want to hear more about this project before someone has finally convinced me to get some of it.

[Sayeds56]

It's very obvious matic is leader among all cryptos ATM
👀

How and why?

I'm taking a look at it and I can say that it didn't moved that much during the all time high. And while we're in a bear market, the price of it is just half from its ATH.

And that means to say that it's still got a lot of room to improve when the bear market's done. But I want to hear more about this project before someone has finally convinced me to get some of it.

I have been trading MATIC since its price was few cents and it never disappointed me. Even during the bear market it didn't fall as much as other alts did because the team behind it has done wonderful job by developing its strong use case. Now it is being used in all sectors of crypto from DEFI to NFTs and because of its minimal transaction fee ,it remains a preferred choice of traders.

[CryptoYar]

It's very obvious matic is leader among all cryptos ATM
👀

Matic was pumped when Meta ( previously known as Facebook) announced that they would be using the Polygon network for its upcoming in-app NFT minting feature.

https://decrypt.co/113565/matic-jumps-instagram-polygon-nft-minting

Now everything is back to normal, and yeah it's dropping.

[OgNasty]

It's very obvious matic is leader among all cryptos ATM
👀

MATIC has a lot of reasons to be bullish. The Polygon network is pretty great and their partnerships seem to expand almost daily with some of the largest brands in the world. I like where MATIC is going a lot but I feel like it had such a massive explosion in value it will take some time before the coins get distributed enough to be fair. Right now it seems like a few players are still sitting on massive gains that need to be realized.

[jossiel]

It's very obvious matic is leader among all cryptos ATM
👀

How and why?

I'm taking a look at it and I can say that it didn't moved that much during the all time high. And while we're in a bear market, the price of it is just half from its ATH.

And that means to say that it's still got a lot of room to improve when the bear market's done. But I want to hear more about this project before someone has finally convinced me to get some of it.

I have been trading MATIC since its price was few cents and it never disappointed me. Even during the bear market it didn't fall as much as other alts did because the team behind it has done wonderful job by developing its strong use case. Now it is being used in all sectors of crypto from DEFI to NFTs and because of its minimal transaction fee ,it remains a preferred choice of traders.

Yeah, looking at its chart. Despite and the fact that we're in a bear market, its chart is performing well and didn't plunge a lot unlike most of the crypto in the market now.

Are there other impressive things about it aside from those that you've mentioned that it's now being used in those things, into defis and nfts? Because those two are also being hit by the bear market.

[Bazzu]

indeed coin matic is very great, and I see the price of matic is now starting to get higher, and uniquely even during a bear market, but in my opinion the coin matic is still not falling too much and even though the price is falling it returns very quickly to its original price. means this shows that coin matic is really of good quality.

[pawanjain]

For some reason MATIC has been performing really well in the recent dump due to FTX collapse.
Right before this collapse MATIC was gaining in price and gave decent returns.
Right now MATIC is at $0.94 which is a good price to get in since before the dump it was around $1.23
Considering the prices will recover soon it would generate good returns in the short term.

[Slow death]

trusting altcoins is very dangerous even when it has some use it is still dangerous to trust altcoins, people when they read some good news about an altcoin they rush to buy that altcoin and when days go by after the news they start selling the altcoin and the price of the altcoin altcoin drops a lot, this is the only altcoin function

Polygon team partnered with big companies including Disney and I think Amazon also?

I don't know whether or not it has partnerships with these big companies, but the point is that even when an altcoin partners with these big companies, those big companies are just using the altcoin technology, they're not using the altcoin, so why do people think the altcoin price should go up like that? if companies were accepting altcoin payments then it might make sense for people to believe that the altcoin price could go up

[kelonmusk]

At the end of this year (2022), among the other altcoins, it is indeed MATIC that is experiencing development. Moreover, recently MATIC collaborated with AMAZON and Intel in developing the metaverse terminal.

At least, the cases that happened to other coins like FTX didn't really impact MATIC. But still, the price of coins in the market is difficult to predict.

[Yaunfitda]

First, we should DYOR, just because some project is going up right now, that it could sustain it's run and be the leader in the altcoin market.

Still ETH for me though, as the obvious leader in Altcoin market, there are a lot like BNB and ADA that you can compare to Matic rise, but the question is the sustainable and how Matic will maintain it's price. We all know that the altcoin market has a lot of risk involved, pump and dump, so very hard to invest on something that will continue to grow at this bear market.

[Questat]

It's very obvious matic is leader among all cryptos ATM
👀

It was just temporary and just for now as along the way, changes will come.
Though I see Matic as one of the promising crypto projects, however, it was not really in its position to be on top ( that is what I see). But yes, I appreciate what really happen to them, it was an indication to see that this project will tend to compete with others and even have the chance to rule them all. Yet, the situation isn't long-term to know that their is manipulations in the market.