Polygon MATIC: Will It Become $100 in 2023

[Nomad]

At the beginning of 2021, Solana was was under $2, however, in November 2021, it reached the value of $260. Anything can happen in the crypto market, so, I ask you, do you think MATIC will be able to create the same effect in 2023? Currently, MATIC is little under a dollar, do you think it will become $100 in 2023?

 

[Imran_Noori]

I think it would be very difficult for MATIC to reach $100 in 2023 because of the competition in crypto market but maybe in 5 years it could reach $100.

 

[Riberet19]

I think that to reach $ 100, Polygon Matic would have to multiply its capitalization x100 or more, Matic although it is a good project and I think it will be one of those projects that will lead the next bull market, has not been saved from being affected by the downward trend in which the cryptographic market is at the moment, maybe for the next bull market we see a Matic quite high in price, but I do not think it reaches $ 100 honestly.

 

[Ja Sa Bong]

The volatility of cryptocurrency makes it possible for polygon MATIC to do the same thing Solana did from $2 to $200+. It's not happened yet but it's possible to happen, but also it's possible it's not going to happen but see the coin fall below it's worth now. The volatility of cryptocurrency goes both ways, it's not a must it will only make coins appreciate.

 

[Nomad]

Well 2023 is almost ending and there is no drastic improvements on MATIC. However, this is not the only coin that has not gained value a lot of coins have lost substantial value and are yet to reach their previous all time high price. While MATIC did not even reach $2 in value this year but when there is a bull market, itr might be able to grow just like Solana in 2021.