Quote from: nurilham on November 18, 2022, 11:36:41 PM

Quote from: monineklutak on November 04, 2022, 04:07:45 PM

It's better not to have high hopes for things that are less likely to be achieved,
because if it turns out to be a failure like hoping on the Matic to reach $100 then we will be disappointed,
maybe it's better to be realistic and but after all everyone has their own point of view

I think it is not impossible to achieve. But the problem is we don't know when it will be achieved. $20 is too far from the current price (around $0,8), we can expect the price to reach $20 when the price can passe $10. Moreover, if you expect Matic to reach $100, it is like you expect Bitcoin to reach $1,000,000. In this matter, it is true that it seems not realistic to expect this because it is very very far from the current price.

Quote from: Abiky on November 09, 2022, 02:11:17 AM

Couldn't agree more with you, mate. $20 sounds unrealistic right now, especially when MATIC has a large supply of coins in circulation.

It is unrealistic to expect in the near future, but it is not something impossible to achieve.
Matic supply is large, but the team may burn them to trigger a significant price increase.

Given the current bearish market conditions when investors sentiment is extremely negative and fear of further fall has gripped the market, it looks hard for Matic to reach $2 but it can hit $20 in the next bull cycle. I think Matic team has already planned to burn matic token with every transaction to reduce supply in circulation but when it will be implemented that is yet to be seen.

https://dailyhodl.com/2022/01/19/polygon-starts-burning-matic-tokens-after-successfully-implementing-ethereum-eth-update/