Post
Topic
Board Altcoin Discussion
Re: ETH whales buying MATIC. Price surge incoming?
by
serjent05
on 16/12/2022, 23:16:23 UTC
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.

There is some adoption news about Polygon.  I think Polygon is working their butt for more and more company to use the Polygon network for NFT or customer loyalty reward system.  One they successfully closed a deal with is Starbucks.  I believe there is more in the coming years. 

I believe Polygon is long due-for a new ATH.  I wonder why Polygon's price is stuck in the range of $1 and below.  Can't factor the Max supply as the reason since it is only 10B total.