Quote from: lepbagong on Today at 12:02:35 PM

Quote from: rudin123 on December 13, 2022, 01:28:57 AM

Quote from: Chato1977 on December 12, 2022, 10:43:36 AM

yes , that is what I also said from above that it may get to that but will never this soon , because the market and even Bitcoin is experiencing that bad so how come that Matic will take place on that matter.

we can deal with good potential or Polygon and no doubt it has though maybe in the next 5 years?

The next 5 years could happen, but to get to the price of $20 I think it is very difficult, unless matic can burn half of their supley, we just wait what if the bull market happens later

if we look at ATH $ 2.92 then even if later the bull market comes or after the halving period, it is likely that it will be achieved only 3x from ATH and it is very difficult to reach $ 20 and there is very little chance that it will happen.
but I agree with friends above, there are many options that Matic can do to achieve that. apart from the effect of increasing Bitcoin, of course, as you said, by burning some of the existing supply, or there are other innovations.
it is possible that if it continues to survive it could be that after the next halving period it will be fulfilled so maybe around 2028 and not in the next 5 years.

to reach that $20 price actually depended on the Polygon development team.
if the dev team is able to come up with something that can push up the price of Polygon when the bullish time comes, I think it could happen.
as some people said above by burning a portion of the supply and after that it was supported by the bulls arriving and being pushed by the increasing price of bitcoin.