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.
Matic is different in price decrease since it didn't decreased that much compared to other crypto where it decreased drastically and when you compare it to other crypto. I would also say that MATIC showed a potential of its growth and there are several projects using MATIC. I don't take it seriously and it doesn't mean I won't buy a little but I would spend that I can afford to lose or decrease it's value in usd. I checked coinmarketcap and the ATH marketcap of MATIC is more than 20B and the current matic marketcap is 35% of ATH MCAP or around 7.7B. Maybe it's different in numberd if it is in another website.