Post
Topic
Board Speculation (Altcoins)
Re: What is going on the mind of polygon investors ?
by
Glen Hoddle
on 22/08/2024, 07:09:13 UTC


I am sure that the previous weeks of the investors of the polygon(Matic) coin wasn't going good. And the reason you are already seeing on the chart. Even I was also in FUD and thinking multiple time that should I sell my coin on loss because of saving some of my capital.
But thankfully it's take quick recovery it make more than 16% pump in 24h and make more 24% recovery in this week.
Let's discuss-

The price of Matic Coin was 2.92 USD in 2021, but it is currently priced at 0.53 USD.  It is very sad that most of it has been dumping but not pumping, in comparison the price of Bitcoin touched $69k in 2021. But in 2024 it broke the all-time record by touching 73k dollars, but the price of matic coin is relatively at that place and has not touched the past price. So it should have grown more at present, I have investment in 1.
 I had purchased matic coins for $61.  It is the highest dumping in 2022 and till now it has not returned to that journey so if there is only recovery I will sell my holding.