Polygon is so cheap and fast to use for "De-Fi". The sidechain has so much potential to take the world by storm. By taking the security of the main ETH blockchain, Polygon becomes a better choice than competing platforms like Binance Chain and Solana. Yet, the coin (MATIC) is trading below the double-digits. That's surprising to me, considering that the sidechain is quite convenient for day-to-day payments. If you compare fees on Polygon vs Binance Chain, you'll notice the former has the lowest gas fees. All Polygon needs is hype (mainstream demand) and it could soar all the way to the moon.
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.
If the price going as it was in early 2021, we would say $20 price per matic is possible. But now, people looking into certain factors such as current market cap, current circulating supply and fully diluted market cap at the present and the projected price before investing on a coin or token. Matic at $20/matic means the fully diluted market cap will run into $200B. I doubt that is attainable with the team buying back and born a very huge percentage of the total supply of which over 87% is now in circulation. I doubt any double digits price is attainable by matic in the next 2 years.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.