I will take this opportunity to buy an automatic because it has dropped 50% and as much as possible I will buy, even though there is a dump by the team but it is not possible to go up again. I don't care what happens clearly this price is the lowest in my opinion.
Be careful. This might be the beginning of the end of MATIC. The team is now coming out shady as it looks like an intentional dump on the part of them. I know people who have MATIC will counter this possibility but regardless, it is always better to wait for things to settle down before coming up with a final decision whether to buy or not. Although MATIC is not easy to break of course. It has hundreds of millions in volume. It can withstand dumps like these if it is not an intentional work of the team.
Why would you think that? they still have millions in volume, in my opiniong such projects can withstand such dumps
I mentioned that in my post, that MATIC has hundreds of millions in volume and it can possibly withstand the dumps. But the team has to do something or else everything will be downward from here. If you take a look at their chart, the line is very long and it is straight going down. This does not look good. If the team will remain lax amidst this and they will not lift finger in the face of this controversy, the interest of investors could go away and the volume could easily perish. That is always a possibility.