We might retest $0.70, but I think it won't break
For those that are using Polygon/Matic network already, they are waking a path very similar to Binance Smart Chain, just will even lower fees.
The biggest fundamental between both chains is that Binance has reached a ceiling of users as far as it's functionality, unless they can pull a rabbit out of their hat, Matic will eat their market share over time and in the long term, as it stands, with the headroom to onboard more users in their solution.
I think Polygon/Matic is way undervalued based on my experience using it, and if the rest of the space catches on, the TVL will increase exponentially along with the token price. I'm not day trading this one - it's a medium to long term speculation for me.
I will be allocating a bag of BTC and ETH to trade that pair as I want to accumulate more, so if anyone is interested in that, I will stick to the 4H and 8H charts when posting;-)
**Please use proper risk management and never go all-in to any project or token**
The biggest fundamental between both chains is that Binance has reached a ceiling of users as far as it's functionality, unless they can pull a rabbit out of their hat, Matic will eat their market share over time and in the long term, as it stands, with the headroom to onboard more users in their solution.
I think Polygon/Matic is way undervalued based on my experience using it, and if the rest of the space catches on, the TVL will increase exponentially along with the token price. I'm not day trading this one - it's a medium to long term speculation for me.
I will be allocating a bag of BTC and ETH to trade that pair as I want to accumulate more, so if anyone is interested in that, I will stick to the 4H and 8H charts when posting;-)
**Please use proper risk management and never go all-in to any project or token**