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Author Topic: Why Price of Polygon Matic is falling?  (Read 12869 times)

Offline Ankit1999999

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Re: Why Price of Polygon Matic is falling?
« Reply #15 on: August 20, 2022, 07:42:36 PM »
I like more matic, with simple ecosystem but powerful inside, and also matic team still good until now, look at the price that increased day by the day, i believe it will be 5$ at the end of year. The price up indicated people like matic much than solana. I hope the matic team not lack of idea to develope their ecosystem, some of good coin lack of improvement, so people start to moveng and make market red on their coin, IMHO.
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Re: Why Price of Polygon Matic is falling?
« Reply #15 on: August 20, 2022, 07:42:36 PM »

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Re: Why Price of Polygon Matic is falling?
« Reply #16 on: August 27, 2022, 03:28:26 AM »
if I think why the price of polygons is down, we can see that the price of bitcoin today has decreased by almost 50% from its new ATH, this is also what causes the price of polygons to drop, not only polygons that have decreased, almost all coins have decreased which is caused by the price of bitcoin falling.  .
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Offline surendertakyaan70

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Re: Why Price of Polygon Matic is falling?
« Reply #17 on: September 01, 2022, 06:18:10 PM »
The cryptocurrency market has turned bearish at the moment, and the impact is widespread across the industry. Polygon (MATIC) is one of the cryptocurrencies that has been falling over the past few days with a drop of over 10%. The price and market cap are rising rapidly during a bear market. So this is the reason why PolygonMatic is falling when even the biggest cryptocurrency is falling

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Re: Why Price of Polygon Matic is falling?
« Reply #18 on: September 03, 2022, 11:23:51 AM »
I like more matic, with simple ecosystem but powerful inside, and also matic team still good until now, look at the price that increased day by the day, i believe it will be 5$ at the end of year. The price up indicated people like matic much than solana. I hope the matic team not lack of idea to develope their ecosystem, some of good coin lack of improvement, so people start to moveng and make market red on their coin, IMHO.

So far one Bitcoin has fallen below 20k$ which is currently around 19780$ according to https://www.binance.com/en/trade/BTC_BUSD?_from=markets&theme=dark&type=spot,
I think Matic's value is decreasing because of its volatility. I almost pay attention because all the top altcoins in the market follow what Bitcoin's value moves. And this has been happening here in this cryptocurrency industry for years.

Bitcoin will increase a little and these altcoins will also increase including Matic. It's happened a few times over and over, to be honest.
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Re: Why Price of Polygon Matic is falling?
« Reply #19 on: September 12, 2022, 07:51:36 PM »
At one time it was seen that the price of Matic Token went below $3 dollars. However, due to the bad condition of the market at present, its price has dumped a lot. Polygon is considered as a good platform so it is expected that the price of this coin will definitely pump up a lot in the future. And if you hold these few investments for a long time, it is definitely possible to make a profit.
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Re: Why Price of Polygon Matic is falling?
« Reply #20 on: September 18, 2022, 11:56:54 AM »
cryptocurrencies in the top 20 enjoyed big rallies, and one of them may come as a surprise to many: Litecoin (LTC) blew up 15% in the past week to over $60, while Polygon’s MATIC surged 11% and currently trades for around $0.90. Polygon’s blistering rally came amid adoption news from trading app Robinhood and social media giant Meta.

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Re: Why Price of Polygon Matic is falling?
« Reply #21 on: September 18, 2022, 12:57:55 PM »
cryptocurrencies in the top 20 enjoyed big rallies, and one of them may come as a surprise to many: Litecoin (LTC) blew up 15% in the past week to over $60, while Polygon’s MATIC surged 11% and currently trades for around $0.90. Polygon’s blistering rally came amid adoption news from trading app Robinhood and social media giant Meta.

cryptocurrency exchange and ATM company Coinme announced the addition of Dogecoin to the list of options on its machines through a deal with coin kiosk operator Coinstar. The ATM also supports Bitcoin, Chainlink, Ethereum, Litecoin, Stellar, and Polygon.

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Re: Why Price of Polygon Matic is falling?
« Reply #21 on: September 18, 2022, 12:57:55 PM »


Offline syedrasool2011

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Re: Why Price of Polygon Matic is falling?
« Reply #22 on: September 22, 2022, 05:52:27 PM »
Already it dump to much this it was 0.31 no more dump will come so buy now it will come back any time its best project after solona so hold matic coin in your wallet also for good profit in future miss pump will come soon has well am holding since last year more 2 year hold.
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Re: Why Price of Polygon Matic is falling?
« Reply #23 on: September 28, 2022, 12:53:44 PM »
Every network is made to compete for speed in transactions, is it safe? i prefer a network with POW consensus, it's totally decentralized, if you look at Solana, a lot of wallets have been hacked and I'm afraid the same will happen
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Offline Ransow

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Re: Why Price of Polygon Matic is falling?
« Reply #24 on: October 11, 2022, 04:00:12 PM »
Pump and dump is normal in the crypo market the price of BTC is still going down so it affected the whole crypo market but matic is a very best altcoin at the layer two Blockchains this technology is growing rapidly if you buy this coin at the low price definitely it is a good thing.

.FX..BOX.
 
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Offline Cadaver20

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Re: Why Price of Polygon Matic is falling?
« Reply #25 on: October 24, 2022, 06:03:27 PM »
Bitcoin is dominating the crypto market. Crypto market's pump and dump depends on Bitcoin. All other coins are no exception. The market is now bearish so all coins including Matic are falling. When the market turns bullish again the price of Matic Coin will rise. So we have to wait till next bullrun.
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Online KryptoBull

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Re: Why Price of Polygon Matic is falling?
« Reply #26 on: October 25, 2022, 01:30:28 AM »
The MATIC price is recovering very well and it is considered one of the best layer 1 or sidechain projects for Ethereum. I believe we will still hear about projects in the Polygon ecosystem in 2024 & 2025.

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Re: Why Price of Polygon Matic is falling?
« Reply #27 on: November 05, 2022, 10:34:08 PM »
MATIC has had a significant recovery in the past week. I believe Polygon will continue to be the best layer-2 for Ethereum and gradually become a large independent ecosystem in this market. After the Merge, layer2 can become a big trend for the next cycle.

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Re: Why Price of Polygon Matic is falling?
« Reply #28 on: December 06, 2022, 07:18:02 PM »
Keep calm mate, at winter season ,not only Matic will fall.
Almost all crypto currency will fall during bearish season.
Keep hold and wait until 2024, or maybe 2025.
We will see the bullish season .
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Re: Why Price of Polygon Matic is falling?
« Reply #29 on: August 22, 2023, 06:20:36 AM »
Polygon is trading lower by 3.69% to $0.83 Thursday afternoon. The altcoin is trading lower in sympathy with the broader crypto market amid a fall in the price of Bitcoin and Ethereum.

 

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