$4.50-$5 is the conservative number. If you run the fibs, $8 is possible this BTC cycle. In a blowoff top, maybe $10?
Nickquick7
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@onecalledsam under what fundamentals to drive this to $4-5? What’s going to quadruple its market cap basically?
onecalledsam
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@Nickquick7, The fundementals are there. In terms of daily transactions alone, Matic is closing in on BSC. Fundementals don't always drive price in crypto though it would seem. The layer 1 chains have seen much more pump than the layer 2s. The thing that will drive Matic (and all the alts for that matter) to that $8-$10 price level though is BTC breaking the ATHs. If BTC continues pumping, this will bring new money/retail investors that will pump the alts. In that scenario, Matic is definently a coin you can consider owning.