Re: Polygon (MATIC) to $20?

Quote from: mich on February 02, 2023, 05:53:23 AM

Polygon is up 12% just last 24 hours and up 24% the last week with total marketcap of $10.8 billion. This is the most gains for any coin on the coinmarketcap top 10.
Global investment firm Hamilton Lane and its $823.9 billion of assets could be the reason. https://polygon.technology/blog/hamilton-lanes-2-1-billion-fund-opens-to-individual-investors-on-polygon-via-securitize

It's notable that Matic is one of the most pumped coins in every market pump. Alongside with the news, we should consider some facts:
1- Although we are in a bear market, Matic is now the 5th Blockchain protocol in TVL (Total Value Locked).
2- Matic is one of the best assets with regards to development activities in the past two years.

The project development seems to be going on, and that shows the team are serious, unlike a lot of projects with high market caps that stopped or slowed down the development of their product.