Post
Topic
Board Altcoin Discussion
Re: Is Polygon network going to be an alternative to BSC network?
by
Abiky
on 26/01/2023, 16:25:58 UTC
If the price of Polygon falls below 50 cents, I will buy this token. I am not interested in the BNB token, I do not trade on the Binance exchange and do not participate in their launchpads. Practice shows that any exchange will go bankrupt, so I see no reason to buy a BNB token.

It's very unlikely MATIC will dip all the way to $0.50, especially when mainstream adoption is increasing by the day. The only way such thing could happen is if Bitcoin continues to decline in price. If BTC goes below $15k, then MATIC could easily go to 50 cents. No matter how much MATIC is worth in the future, it will always be a better alternative than BNB because of its decentralized and censorship-resistant design.

The latter (BNB) could easily fail if Binance goes all the way down the drain. After all, it's an exchange token. You can see why FTT went all the way down to the ground because of the FTX collapse. It's likely a new fork will emerge that would help BNB rise from the ground. The crypto world is widely unpredictable, so anything could happen in the future. Just my opinion Smiley