Quote from: ibuddy122505 on September 06, 2024, 02:44:49 PM

Quote from: asriloni on September 06, 2024, 02:18:44 AM

Also, POL upgrade makes it even worse because it's going to dilute the supply of tokens. And it's not just a "name change." I expect the price to go down even deeper.

yes, after the Polygon 2.0 upgrade, they expected the new $POL token to improve revenue and scalability, but its value has dropped significantly. Although $POL is live, it hasn’t gained much traction yet.

This upgrade is an important move for Polygon 2.0, but despite the technical improvements, the results so far have been disappointing.

I don’t know what's the benefits of upgrade MATIC to POL, but MATIC was big dumped before this upgrade, may be when they announce about upgrade when MATIC price was 0.34$-0.37$ but MATIC holders expected good pump after complete upgrade that's not happened provably it’s due to bearish market. In the last two months MATIC price decreased very badly which isn’t happened even in the last 2 years, it’s price never down below half dollar’s. I was holding significant amount of MATIC but i sold out at 0.55$ before announce upgrade.