Post
Topic
Board Speculation (Altcoins)
Re: Polygon (MATIC) to $20?
by
Pamadar
on 05/01/2023, 21:38:04 UTC
You posted in 2021, it's 2023 now, and the price of the MATIC coin hasn't experienced a huge price increase, so I think the reason is because the competition in crypto is getting tougher.
it's because we are still in bearish doesn't matter how good of a coin is, if the trend is bearish it could hardly increase in value, matic has shown some breakouts many times yet it just could go against the waves and increase in the middle of bearish, it always comes back to the trend again. I'm sure once the trend is changing its value could easily rise. there has been rumoured that matic has the flow of big invesments coming in to the coin yet that does nothing.

That's valid since we are still in the bearish season, the coin will have the hard time to pump as investors and traders will just simply sell what they've got if there's a pump that will be initiated.

We don't know when and how high Matic will be pump but the chance of having decent value
in the future is still positive, it's just a matter of understanding and trust regarding to coin
and how the developers will deliver in the next market bull run.