ETH whales buying MATIC. Price surge incoming?

[cheezcarls]

Source: https://coingape.com/top-eth-whales-buying-polygon-matic-will-matic-price-surge/

In my own instinct, I had a feeling at some point in the future that MATIC might be having it’s own bull run momentum. It’s still way undervalued as of today.

More projects are using the Polygon blockchain nowadays. However, I also know that there will be no guarantees or promises that the big bull run of MATIC may happen or not.

As of this time, its still cheap to buy MATIC. If I have missed BNB’s big bull run back then, I think I cannot afford missing MATIC this time. But this is just speculation of course. I’ll just spend an amount that I can afford to lose.

What are your insights about this one after this latest move by the ETH whales in buying Polygon? Are they taking MATIC seriously now? Hmmm…..

[nimogsm]

I like this asset and if there is an opportunity,I always buy it.I think many potential investors have an interest in Matic as it has many good features such as transaction speed,small commissions on the network and quite widespread use.Also, coins are burned every day,albeit slowly,but it is there,and this is already a plus.According to these factors,it can be assumed that the price increase will be,I am sure of it.

[zasad@]

Source: https://coingape.com/top-eth-whales-buying-polygon-matic-will-matic-price-surge/

In my own instinct, I had a feeling at some point in the future that MATIC might be having it’s own bull run momentum. It’s still way undervalued as of today.

More projects are using the Polygon blockchain nowadays. However, I also know that there will be no guarantees or promises that the big bull run of MATIC may happen or not.

As of this time, its still cheap to buy MATIC. If I have missed BNB’s big bull run back then, I think I cannot afford missing MATIC this time. But this is just speculation of course. I’ll just spend an amount that I can afford to lose.

What are your insights about this one after this latest move by the ETH whales in buying Polygon? Are they taking MATIC seriously now? Hmmm…..

The article says:
As per the data collected from whale stats, ETH whales have bought MATIC worth $3.7 million. Moreover, as per the data from Whale alert MATIC worth $9.2 million was transferred from Binance to another wallet.
https://coingape.com/top-eth-whales-buying-polygon-matic-will-matic-price-surge/

If you look Binance's financial reserves, you will understand that 51% of Binance's assets are the cryptocurrency of the Binance exchange, that is, an analogue of the FTX token.
https://coinmarketcap.com/exchanges/binance/
I understand investors running away from Binance.

[hd49728]

As of this time, its still cheap to buy MATIC. If I have missed BNB’s big bull run back then, I think I cannot afford missing MATIC this time. But this is just speculation of course. I’ll just spend an amount that I can afford to lose.

Any big upgrades on Polygon so that ETH whales see potential from this token and this layer-2 project?

From its all time high $2.92 to $0.89 is not a big drop of $MATIC. What do you think about future growth of $MATIC?

Fro $0.9 to $3 is only 3 times and it does not give more profit than invest into ETH if ETH reclaims its all time high at $4891. Polygon had some downtime so I feel safer to invest in $ETH, not $MATIC.

[o48o]

Source: https://coingape.com/top-eth-whales-buying-polygon-matic-will-matic-price-surge/
In my own instinct, I had a feeling at some point in the future that MATIC might be having it’s own bull run momentum. It’s still way undervalued as of today.
More projects are using the Polygon blockchain nowadays. However, I also know that there will be no guarantees or promises that the big bull run of MATIC may happen or not.
As of this time, its still cheap to buy MATIC. If I have missed BNB’s big bull run back then, I think I cannot afford missing MATIC this time. But this is just speculation of course. I’ll just spend an amount that I can afford to lose.
What are your insights about this one after this latest move by the ETH whales in buying Polygon? Are they taking MATIC seriously now? Hmmm…..

So where do you see MATIC marketcap potential? ATH was around $19.5B and currently hovering around $7.7B which is still high compared to others. I see it definitely having a change to challenge BNB marketcap especially now when binance is under a microscope and has fud to deal with.

However if matic would rise to bnb marketcap level, it would most likely mean that NFTs are far from over. And making a comeback no one asked for in the scale no one is even dreaming of.

And as matic didn't tank as badly as most altcoins out there, it's a clear sign of strenght, so of course whales smell it. But i don't understand your last sentence that they would be taking it seriously now. As i have seen them taking it seriously all along.

[alexandr1115]

I like this asset and if there is an opportunity,I always buy it.I think many potential investors have an interest in Matic as it has many good features such as transaction speed,small commissions on the network and quite widespread use.Also, coins are burned every day,albeit slowly,but it is there,and this is already a plus.According to these factors,it can be assumed that the price increase will be,I am sure of it.

I stand in solidarity with you! I think this token is very much undervalued, and it seems to me that it is quite interesting in its idea! Even such a popular phantom wallet has provided support for the MATIC network!

[Bitstar_coin]

Without needing the help of any data, it is clear polygon network is gaining more adoption every time, most projects now do support the polygon chain, and the dev teams are very committed to building a standard multi-chain system for developers. It has all the potential to have its own bull run at some point just like bnb did, this is not possible to be known except if the person is ready to hold long-term.

[asriloni]

matic is surely but sure gaining more dominance, I think eventually matic gonna be coming close to ethereum, mainly because the fact that it's being utilized for various projects nowadays like gaming that could further increase the demands for matic, this is mainly because how good the chain actually is, unlike eth where the gas fee still become a thing that needs to be considered with matic, it's quite literally require you really low amount of fee and the blockchain is also fast, if this keeps up I think it's not impossible that eventually matic gonna be taking over eth throne, since I guess most already getting tired with eth and the fact that whales are moving over in matic is enough reflection that matic is still growing.

[wheelz1200]

Source: https://coingape.com/top-eth-whales-buying-polygon-matic-will-matic-price-surge/

In my own instinct, I had a feeling at some point in the future that MATIC might be having it’s own bull run momentum. It’s still way undervalued as of today.

More projects are using the Polygon blockchain nowadays. However, I also know that there will be no guarantees or promises that the big bull run of MATIC may happen or not.

As of this time, its still cheap to buy MATIC. If I have missed BNB’s big bull run back then, I think I cannot afford missing MATIC this time. But this is just speculation of course. I’ll just spend an amount that I can afford to lose.

What are your insights about this one after this latest move by the ETH whales in buying Polygon? Are they taking MATIC seriously now? Hmmm…..

I'm thinking the same thing.  More and more platforms are migrating to matic, even though it has had a mini run I think a big jump will be incoming with the next bull run.  At least my bag is hoping that happens 😀

[jossiel]

Good sentiment but the bull run that it had made last year was already too much. But I'm starting to see too that there are many projects interested to work with Polygon and have a run and backup through its network.

I don't know if that will be enough to push the price but we've got an idea on how Ethereum was pushed on its price before. And that's by being the most used network for making more other successful projects.

[layoutph]

Sometimes it isn't very pleasant to believe in the news like that. I feel everything is being manipulated right now. Look at the news, when it says CPI report is good, and yet price of crypto is still crashing. Retailers are buying news but whales are dumping.

Source: https://coingape.com/top-eth-whales-buying-polygon-matic-will-matic-price-surge/

In my own instinct, I had a feeling at some point in the future that MATIC might be having it’s own bull run momentum. It’s still way undervalued as of today.

More projects are using the Polygon blockchain nowadays. However, I also know that there will be no guarantees or promises that the big bull run of MATIC may happen or not.

As of this time, its still cheap to buy MATIC. If I have missed BNB’s big bull run back then, I think I cannot afford missing MATIC this time. But this is just speculation of course. I’ll just spend an amount that I can afford to lose.

What are your insights about this one after this latest move by the ETH whales in buying Polygon? Are they taking MATIC seriously now? Hmmm…..

[vanesha]

In the cryptocurrency market, the price of a digital currency can be influenced by many factors, including demand and supply, government policies, technological developments, and investor confidence. So, it cannot be predicted with certainty whether the price of a digital currency will rise or fall in a certain period of time. Preferably, before making any investment decisions, make sure to do enough research and consider the factors that might affect your investment. Always remember that investing in cryptocurrencies comes with a high level of risk and is not suitable for everyone. Never invest money that you can't afford to lose.

[Kelvinid]

Source: https://coingape.com/top-eth-whales-buying-polygon-matic-will-matic-price-surge/

In my own instinct, I had a feeling at some point in the future that MATIC might be having it’s own bull run momentum. It’s still way undervalued as of today.

That is uncertain as I never see such a thing happen in the market.
Matic might grow someday and the pump high but that will happen when Bitcoin is also in the rally. But as we look at the current momentum, seeing this project make its own Bullrun is somewhat impossible (just my opinion). I have no strong basis for this but we know the sentiment of the market before and know that altcoins are dependent on Bitcoin.

Whales are buying Matic as an opportunity but never I think this will make Matic have its own direction opposite to the current state of the market.

[coinerer]

The Metic network is very popular with many due to its fast transaction capabilities and low gas, and many think that Metic will serve as an alternative to Ethereum. And many whale investors are currently turning to Matic and considering it a long-term investment.  So maybe Matic could be a potential coin and it could suddenly get too pumped . So I think it would be better to keep some investment in the matic thinking about her future development

[hd49728]

The Metic network is very popular with many due to its fast transaction capabilities and low gas, and many think that Metic will serve as an alternative to Ethereum. And many whale investors are currently turning to Matic and considering it a long-term investment.  So maybe Matic could be a potential coin and it could suddenly get too pumped . So I think it would be better to keep some investment in the matic thinking about her future development

How does a layer 2 project can take over the layer 1 project?

It is impossible in theory and in reality, it won't happen too. If I use my capital to invest in either Ethereum or MATIC, I am sure I will go with Ethereum, not MATIC. Ethereum does not need to prove anything more but MATIC has to upgrade a lot and must be tested a lot by community and bear market.

I don't invest in MATIC because others are hyped about its potential which is not real. Potentiality of a project is shown more clearly in bear market not in bull market. MATIC must have to go through another bear market, in 2025 or 2026, to be considered as a strong layer 2 project.

[pawanjain]

MATIC is a good coin to hold. Polygon has been doing some nice developments and it does look like undervalued currently because of the bear market.
It won't be a bad idea to buy some now and hold it till the next bull run but losing ETH would be a bad idea.
Most of the crypto enthusiasts prefer to hold ETH after bitcoin which is a strong reason why ETH has a potentially good growth than MATIC.

[hugeblack]

Shouldn't the motive for using MATIC be the low fees, which seems not to be a problem since ETH has moved to Proof of Stake and then many solutions can be implemented that guarantee scalability with very low fees?
Has any technical development occurred? Or anything we can consider a reason to use that coin?
I do not know, but the bet on MATIC is the failure of the bet on ETH, and therefore it is logical to understand that some of ETH whales put some of their money in that currency.

[Maverick574]

this resource and in the event that there is an opportunity, generally I purchase it.I think numerous potential financial backers have an interest in Matic as it has many great elements, for example, exchange speed,small commissions on the organization and very boundless use.Also, coins are scorched each day,albeit slowly,but it is there,and this is as of now a plus.According to these factors,it can be expected that the cost increment will be,I am certain of it.

[ethereumhunter]

If you want to buy more MATIC, you should do further analysis to find more information supporting MATIC can increase in the future. At this time, we can only say that this is speculation and still needs more proof to see that Matic can really increase.

But seeing what is happening with MATIC now might be a sign that MATIC will improve in the future. And the whales have prepared themselves by buying more MATIC from now on when the price is still low.

[justdimin]

In the cryptocurrency market, the price of a digital currency can be influenced by many factors, including demand and supply, government policies, technological developments, and investor confidence. So, it cannot be predicted with certainty whether the price of a digital currency will rise or fall in a certain period of time. Preferably, before making any investment decisions, make sure to do enough research and consider the factors that might affect your investment. Always remember that investing in cryptocurrencies comes with a high level of risk and is not suitable for everyone. Never invest money that you can't afford to lose.

The unexpected stuff is the hardest part of it all. I mean it's clear that we are not going to end up expected a long term thing, it's not going to be just straight sailing, there will always be unexpected stuff and that's the part about it.

If there was no bad or good news then we would end up with something that will be profitable in the long run, because it will always go up, but because there are some news that changes constantly, that means we do end up with some troubles in the long run and keep the price low. That's an issue for sure, but we can't really end up with no news and that is something unavoidable for the time being and we have to learn to live with it.