Do you think Polygon (MATIC) will reach $20 within a year from now? If not, why? What are your predictions for this cryptocurrency? Your input will be greatly appreciated. Thank you very much.
it's very impossible to reach 20$ within a year btw i believe it can be happen in the long term,
not within one or two years because you know still matic circulating supply is around 9 billion,
if it reach 20$ then it's market cap will 160 billion, it's quite difficult i think. it's very cheap right now under $1.
Well said, it's already assumed that if market condition is not change then nothing good could possible in crypto world. And if Polygon or Metic are talking about going to $20 then I think it could be possible in the next bull run. And many traders and analysts have already said that there will be no such positive signal in the market before 2024 or 25. So I also think that after 2024 maybe after the bull run the price of Matic will be $20 or more as BNB has become.
btw i didnt expect even in 2024,
because of it is maximum supply is huge,
if team will consider to burn from circulating supply for example bnb is burned in several times and almost billions worth of tokens they burned,
in this existing supply may be it can not be happen to reach $20.
Yes I totally agree with you that the supply of Polygon or Matic is very high and for that I also said that it can go to a good position in the long run.And Yes it is true that if the next bull run is in 2024 then I think it will go close to $20 if not. Because if we follow last previous year's pumping system then we will get idea easily.