MATIC

C-Class_hero_Satoru

What alts are you still holding from 2021 bullrun? Many of my coins like ADA, MATIC, DOT, XLM, VET are still 60% down, the PROBLEM is that I bought a lot in 2021 and I didn't have much money left to DCA. Is it smarter to swap them now before bullrun?

MrYoshinobu

Yeah, wtf is going on with MATIC nowadays! It's practically disappeared from being mentioned here.

rsicher1

I loved you ATOM, MATIC (POL), and DOT You broke my heart

CRABMAN1981

Aerodrome, despite the fact i'm late to that party, it is at least 16% down for the week, which is 16% more than MATIC will rebound short term, or ever maybe :D

CRABMAN1981

Finally ditched the last of my MATIC. Eat my ass, and, you're welcome redditors if it pumps now :D

CommunityCurrencyBot

You have been sent [0.01 MATIC](https://polygonscan.com/tx/0x62170b1c4d39c4ea33d1d79aeef283d1c7cd39ecdc877006e66665f61f44bf98) [Soon to be migrated and rebranded as POL](https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know)

GreedVault

I sold it earlier when it switched from MATIC to POL and bought back when it dipped a bit, but it hasn't moved much since then, man.

GreedVault

My MATIC/POL bag is still in hibernation.

LordofGift

Now I realise I can't transfer my new usdc since I dont have MATIC. Wtf is this scam shit

QuantumShot

Do you think altcoins from last season like DOT, ALGO, ADA, MATIC, etc. will have a comeback? Please say yes :(

keithwee0909

Yeap, though not life changing , house buying money like some but had made a decent sum when I cashed out. Still green on BTC though red on SHIB and MATIC currently though

OGKillertunes

I made the most on selling MATIC for 1.80 that I bought for 0.07. The 2nd most profitable crypto thing I did was mine Ethereum for a few years.

CommunityCurrencyBot

You have been sent [0.01 MATIC](https://polygonscan.com/tx/0xc1155736060bce8aa1604a8b408549314d39debe206c1deba608bf14ee955ebe) [Soon to be migrated and rebranded as POL](https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know)

HatsuneTreecko

This is just evidence of why "utility" is a flase narrative used to shill shit coins that do, at best, nothing. See MATIC (POLYGON)'s current spot on the mc list. Once praised as the ultimate layer 2 or 3 utility token. How's that doing in your portfolio?

williaminla

lol. Is this a Polygon shill article? The reason Polygon is more decentralized is because fewer people use the chain and way fewer are bullish on it. No one is putting their life savings into MATIC / POLYGON

GreedVault

Good for them, and for my bag of MATIC.

Friendly-Ad2786

Sold all my MATIC for SUI about 6 months ago... 😁 AMA

MaeronTargaryen

ONDO, MATIC, ROSE, Polkadot DOT, AVAX

CommunityCurrencyBot

You have been sent [0.01 MATIC](https://polygonscan.com/tx/0xb8e46f025b8083789ce65fbf3745684c61992959becb8e8facbd59f5e4035e5c) [Soon to be migrated and rebranded as POL](https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know)

CommunityCurrencyBot

You have been sent [0.01 MATIC](https://polygonscan.com/tx/0x2f898fa76328553a8b6be147879ded3ab50f22869e75bc20ca4f7de62e55b779) [Soon to be migrated and rebranded as POL](https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know)

c05d

Sell that shite that’s called MATIC

JAHurd

I’m feeling confident in RENDER these days. Some good partnerships and backers. Dropped my MATIC and bought RENDER. Still holding ETH and BTC

simmol

Advice if you are holding the likes of ADA, DOT, LINK, MATIC, etc. These coins are the VET, REQ, ICX, Nano of this cycle. That is, if the alt season comes, they will go up, but they won't go up as much as some of the newer coins like SUI, TAO, SEI, APTOS and some others. So if you can, you should switch to these new coins because they will pump harder since these new coins do not have loads of bag holders that are ready to sell at all levels.

CommunityCurrencyBot

You have been sent [0.01 MATIC](https://polygonscan.com/tx/0x78deecfb493cf1dddb1a2498fa35eb7bbdfdfaa8a2531aaa6f035df6d27b5d28) [Soon to be migrated and rebranded as POL](https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know)

biba8163

There are more than 50 memecoins that have outperformed BTC over 6 months. In same time frame, here is the performance of the hyped tech scams that people were baited with: - ADA -40% - AVAX -47% - LINK -35% - DOT -51% - NEAR -26% - APTOS -53% - MATIC -58% - HBAR -48% - FANTOM -33% - ATOM -60% - ALGO -48%

CommunityCurrencyBot

You have been sent [0.01 MATIC](https://polygonscan.com/tx/0xad2334f4134da883079a1a709f0999a149c8d3784c622375069f55cf55a32ea4) [Soon to be migrated and rebranded as POL](https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know)

jwz9904

MATIC was alive, POL is dead

oficialcrypto

Investing in cryptocurrency can be quite volatile and depends on various factors like market trends, technology developments, and your risk tolerance. [Information is the basis of success](https://oficialcrypto.com/category/bitcoin/). Here are a few cryptocurrencies that are often discussed as potential investments: 1. **Bitcoin (BTC)**: The first and most widely recognized cryptocurrency, often seen as a "store of value." 2. **Ethereum (ETH)**: Known for its smart contract capabilities and strong ecosystem of decentralized applications (dApps). 3. **Binance Coin (BNB)**: Used on the Binance exchange, it has multiple utilities, including trading fee discounts. 4. **Cardano (ADA)**: Focused on sustainability and scalability, it has been gaining attention for its innovative proof-of-stake model. 5. **Solana (SOL)**: Recognized for its high throughput and low transaction costs, it's becoming popular for decentralized finance (DeFi) and NFTs. 6. **Polygon (MATIC)**: A layer-2 solution for Ethereum, it aims to improve scalability and reduce costs.

btc-lostdrifter0001

ETH fees are nowhere near as bad as they once were during the last cycle. But the major narrative now is why do anything on eth, but instead on one of its side chains that is quicker and cheaper like POL (once MATIC).

Gzdu

What’s happened to MATIC? It was a top 10 coin not too long ago now it’s drifting away slowly….

coinfeeds-bot

tldr; The article provides an in-depth analysis of the Polygon ecosystem, highlighting its growth and technological advancements. Polygon, launched in 2017, has evolved with key technologies like Polygon PoS, zkEVM, and AggLayer to address web3 fragmentation. The network averages 660k daily active addresses and 3M daily transactions. Recent developments include the MATIC to POL token migration and significant growth in stablecoin market cap and NFT sales. Polygon's infrastructure supports diverse projects in DeFi, gaming, and real-world assets, positioning it as a major player in the blockchain space. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

rsicher1

I'm still optimistic and buying more But ALGO, ATOM, MATIC (POL), and DOT... yikes

coinfeeds-bot

tldr; Whale transfers in cryptocurrency indicate strategic investment shifts, impacting market dynamics. Large investors are moving assets like Injective (INJ), Render (RNDR), and Polygon (MATIC) from exchange wallets to cold wallets, signaling confidence in long-term asset value. This activity suggests potential price volatility and trading opportunities. Despite these movements, Polygon's price dropped by 8.3% this month, while Render saw a 4.57% increase. Monitoring whale transactions can help investors assess market opportunities and risks. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

TexasBoyz-713

Most alts only stay somewhat relevant for one cycle. Polygon had its cycle it seems. Just looking at 2 years ago on CMC Historical data, MATIC/POL was once ranked **#13** in market cap on **September 18th, 2022** and I’m sure it was a few ranks higher at some other point in 2022. New coins with new hype-like buzzwords appear every year, just gotta time the trends right. But I’ve lost faith in Polygon reaching new ATH’s ever again.

SIN-QUEL

I was spotting BEAM recently in the top 100, which is the utility token for the platform Sphere, founded by Merit Circle which has partnerships with IMX, AVAX, MATIC for the future of web3 gaming. I think it will be very interesting because you see big tech names coming up with their own idea in blockchain such as Sony with Sonium. Also, the token gets burned, is used for the DAO of Merit Circle and the bag holder percentages seems fair as one of the big holders are Merit Circle themself. They managed to expand their treasury in the last years significantly even during quarters with negative market reports. They are setting up an industry that is in it’s early shoes. People have witnessed the trend on the beginning of the existence of web3 gaming tokens, but that was just a trend and a tiny bit of what can become. In-game features and a new way of gaming and its gaming markets.

jgardner01

What about MATIC?

tazcharts

How long have you been in the market? ADA has always been about promises and lack of delivery. Yes the community is big but they are leaving in their masses. Just have a look at the chart v USD. Then look at the chart vs BTC. It's scary. Never liked the project myself. I'd go with ETH / SOL / BNB / MATIC AKA POL / AVAX Even a risky meme play with a small allocation like DOGE, shib or floki is better than ADA

goldyluckinblokchain

For POL (formerly MATIC) anything is a surge

NaiveMercury

MATIC is busting a fat one rn 🥵🍆💦

Level-Negotiation575

Thank you to the lovely people who bought my POL (MATIC) stack for $0.49 and let me buy back for $0.39. First time I've been on Binance during a new trading pair launch - hectic initial price action

CryptoGoddess-333

With altcoin I have many favourites I implore you to do your research, SOLANA, MATIC, SAND, AVAX,Quant… meme look into pepe or peipei, Bonk. Good hunting don’t spread yourself thin though you won’t maximise profit.

biba8163

| 💎🙌 | Year-To-Date | |:-----------|------------: | ADA | -43%| | AVAX | -38%| | LINK | -30%| | DOT | -50%| | MATIC | -61%| | HBAR | -42%| | ATOM | -61%| | ALGO | -44%|

IVII0

Anyone knows wtf happened on Binance? I’ve read they will be converting MATIC/POL 1:1. Today I opened Binance. $700 gone from portfolio value, no matic, no pol. Is there any chance I didn’t lose the money yet?

hansfixer

You've got a solid mix of coins there! BTC, ETH, and SOL have strong potential, and others like AVAX, MATIC, and ADA are known for doing well in bull runs. It's always hard to predict, but you’ve got a good balance. Just keep an eye on the market trends

NotEnoughProse

I got fucked by MATIC, too. Finally got out at $0.55. Had a chance to sell at $1.30 pre-halving. Classic. w

rsicher1

ALGO, MATIC (now POL), ATOM, DOT Wish I had put that money somewhere else. Anywhere else.

ftball21

Actually it does, thank ye kindly. “Starting September 10, 2024, Coinbase will replace the MATIC asset ticker for the Polygon network with POL” For anyone interested..

s1l3ntB3h0ld3r

I found this (just wait till 13.09) At 2024-09-10 03:00 (UTC), Binance will delist all existing MATIC spot trading pairs (i.e., MATIC/BNB, MATIC/BRL, MATIC/BTC, MATIC/ETH, MATIC/EUR, MATIC/FDUSD, MATIC/JPY, MATIC/TRY, MATIC/USDC, and MATIC/USDT) and cancel all pending MATIC spot trading orders. At 2024-09-13 10:00 (UTC), Binance will open trading for the POL/BNB, POL/BRL, POL/BTC, POL/ETH, POL/EUR, POL/FDUSD, POL/JPY, POL/TRY, POL/USDC, and POL/USDT trading pairs.

BraveBG

I've heard about, but i also know that the migration should be automatic. So I dont know how do i get rid if my MATIC?

13DP____

Mine is currently about 40% BTC, 30% ETH, and the rest made of bigger alts such as SOL, LINK, DOT, XRP, MATIC

ulptthrowaway2016

Dinosaur alts like XRP and MATIC? You're absolutely right. New alts like WIF and PEPE? You're absolutely wrong

nothingivesaidistrue

There will still be countless alts that outperform BTC, temporarily. Even the most successful alts perform well for 1 cycle, or 2 if they are extremely lucky. If we're talking about something like DOT, ADA, MATIC, etc. don't expect them to hit new highs again. If you've timed it's possible to have made a lot of money on them. Otherwise it's either perma-bagholding or selling at a huge loss. In terms of btc's price I kind of disagree with you on the term "for ages", but who knows what will happen anyway.

jwz9904

XLM/XRP/ADA/DOT/MATIC to name a few

wooly_torch

MATIC, sure. Like 2% of my portfolio. ALGO wouldn’t be terrible to dca rn but i thought its downfall in the bear was unacceptable, just pure vapor. Sold that to collect capital loss for taxes.

Grunblau

sounds like a ALGO MATIC bag to me.

cr__ked

Wtf happened to MATIC?

cr__ked

When did POL (ex MATIC) went down to 2B MC?

C-Class_hero_Satoru

Same here, my average MATIC price is 1 dollar 🤦🏻‍♂️

rsicher1

MATIC and ATOM were two of my big alt bets Boy they are looking unhealthy

tazcharts

I go 30% ETH 30% SOL 20% BNB 10% MATIC 10% DOGE feels a risk of balance and upside which I am comfortable with

Planeonaring

I have RENDER, NEAR, RAY, AVAX, SOL, MATIC, LTC, ETH and BTC. Those are the important ones, I have some shitty ones too but not expecting much from them.

kirtash93

So those who are/were staking their MATIC through the native way on ETH network don't have to do anything to migrate to POL right? I mean, at the moment they click on "unstake" they will get POL right?

Realz7234

MATIC

leavesmeplease

Yeah, right? It's like, first they switch to MATIC, now POL. But honestly, if it makes the whole system work better, I’m not mad. Just feels like they’re trying to keep us on our toes or something.

HSuke

I looked up both of those transactions. They're just normal MATIC/POL transfer. No smart contracts were involved. > This really bugs me as I am sure that I haven't used Metamask in this period. Assuming the above statement is accurate, either your device, wallet, seed, or both account's private keys were compromised. Both of those accounts got drained for their full amount.

0xpolygonlabs

Artificial Intelligence Responding: We are unable to respond to questions relating to the price of MATIC.

CRABMAN1981

Does anybody know if Coinbase is supporting the MATIC/POL migration? I was gone a few days. They sent an email but it was blank and I don't click emails like that just incase. I don't have much left anyway...

Iksf

I know MATIC is a community darling and has some strong backers, and could turn around any time But jesus the token migration shitshow is such an unforced error.

Odd-Radio-8500

#Today's events US Initial Jobless Claims Coinbase Future ($BB-$CFX-$NEO) Listing Upbit - $MATIC Delist and $POL Pending Listing LIT - ID Coins Market Launch BABYDOGE - Launch on Solana POLS Polkastarter V4 Beta TAIKO $20M unlock

mvea

Latest Reddit r/CryptoCurrency AMA with Marc Boiron, CEO of Polygon Labs on Wednesday, September 4th, POL upgrade day! With the MATIC to POL token upgrade happening, this is your chance to ask questions. Polygon Labs burned 2,475 moons to host this AMA. https://www.reddit.com/r/CryptoCurrency/s/fjrVQXK8x5

0xpolygonlabs

AI Reply: We are unable to respond to questions relating to the price of MATIC.

0xpolygonlabs

All MATIC on Ethereum that staked to a validator will be upgraded to POL on September 4th, with no additional action required. Additionally, if stMATIC tokens are on a DeFi platform, please be aware that all liquid staking programs operate differently.  It is essential to identify information about each specific program for more tailored instructions or information regarding the upgrade.

0xpolygonlabs

When Polygon PoS launched, there was significant attention on whether tokens had a fixed supply, stemming from Bitcoin. As a result MATIC was not inflationary. As a result, for emissions to start, it was necessary to upgrade MATIC to POL.

0xpolygonlabs

The why is answered here- [https://www.reddit.com/r/CryptoCurrency/comments/1f80uh7/comment/llj1t14/?utm\_source=share&utm\_medium=web3x&utm\_name=web3xcss&utm\_term=1&utm\_content=share\_button](https://www.reddit.com/r/CryptoCurrency/comments/1f80uh7/comment/llj1t14/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button) The yearly inflation is expected to be approximately 2% per year.  For details on MATIC tokens, please see this blog: [https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know](https://polygon.technology/blog/save-the-date-matic-pol-migration-coming-september-4th-everything-you-need-to-know).

HSuke

I was thinking of a different coin when I wrote 70%, but they're still analogous to each other in that the tokenomics and security is sustainable because they have an arbitrarily distant doomsday timeline once that inflation runs out. Their security models still work for now, but eventually they will fail in the long run. Also, please don't post bullshit lies. Top accounts that are not exchanges and smart contracts own less than 1% of MATIC supply combined. https://polygonscan.com/accounts

biba8163

> . The only difference is that Satoshi and other founding miner's stacks were less than 70% You are playing shitcoin mental gymnastics trying to compare a money grab token to BTC. Only 91 BTC are in verified Satoshi addresses. 50 BTC is from the genesis block are unspendable. Satoshi tried to ensure as much as possible that Bitcoin was fairly launched -- as much as it could be at the time when there was skepticism around the idea that this could even work. Thousands of people mined in 2009. When Craig Wright tried to claim the 2009 addresses were his, he was outed by 145 addresses who signed messages that it wasn't his. End of 2009, 14% of BTC was mined. End of 2010, 25% of BTC was mined. Only a shitcoiner can claim that early miners got 70% of the supply. Again, there were thousands of miners and generations of miners over time who have all put forth time, energy and captial to mine Bitcoin. Compare that to a shitcoin like MATIC were the founders gifted themselves everything at once, where like 10 wallets still own most of the supply and the founders again gifted themselves 20% more supply.

coinfeeds-bot

tldr; Polygon has upgraded its native cryptocurrency from MATIC to POL on a 1:1 basis, aiming to enhance the token's utility for the network's evolution into Polygon 2.0. The POL token now serves as the primary token for gas and staking within the Polygon network. This upgrade, effective September 4, is designed to make POL a 'hyperproductive' token, enabling it to generate fees from multiple sources beyond just gas and staking. The transition to POL is part of a broader vision to increase community participation and pave the way for 'infinite scalability' through Polygon's AggLayer, aiming to unify all blockchains. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

DBRiMatt

Even MATIC performing better than RayGunn!

Itsamistak

MATIC has been so disappointing lately, sold a few months ago and happy I did.

aaashryver

That huge dildo in MATIC though...

ForsakenMeeting7524

I haven’t seen a single token that migrated or changed branding where it increased the price stably. So there might be a slight pump with POL/MATIC but ultimately it goes down.

0x456

What block/time is the MATIC to POL transition?

Odd-Radio-8500

Today's events MATIC POL migration EOS Spring v.1.0 Release RUNE Hard Fork Upgrade FLOW Crescendo Network Upgrade HBAR Testnet Upgrade

mvea

Latest Reddit r/CryptoCurrency AMA with Marc Boiron, CEO of Polygon Labs on Wednesday, September 4th, POL upgrade day! With the MATIC to POL token upgrade happening, this is your chance to ask questions. Polygon Labs burned 2,475 moons to host this AMA. https://www.reddit.com/r/CryptoCurrency/s/fjrVQXK8x5

noviwu97

Your team is essentially being paid by MATIC holders

mvea

Latest Reddit r/CryptoCurrency AMA with Marc Boiron, CEO of Polygon Labs on Wednesday, September 4th, POL upgrade day! With the MATIC to POL token upgrade happening, this is your chance to ask questions. Polygon Labs burned 2,475 moons to host this AMA. https://www.reddit.com/r/CryptoCurrency/s/fjrVQXK8x5

FishermanSuspicious3

With the introduction of POL and its integration into the AggLayer, how will this new token model enhance the interoperability between Polygon's various chains and other blockchain ecosystems? What specific functionalities or features will POL enable that MATIC did not, particularly in terms of cross-chain transactions and smart contract interactions?

biba8163

> Why was it necessary to make POL inflationary? The answer is GREED. The answer is because they can. The answer is it's free money, so why not?! *Maximum Supply in a cryptocurrency is a contract between the investors/community and the project development team. When the development team unilaterally chooses to increase the maximum supply and gift it to themselves, they are diluting the value of the tokens being held by its investors and are effectively stealing from them.* A better question would be, Marc Boiron why did you think it was acceptable to STEAL from MATIC investors? Was it worth losing the trust? What assurance can you give that the Polygon team wont' steal from investors again? Why should they believe you?

zackxxx93

Will MATIC be renamed to POL on Polygon PoS?

C-Class_hero_Satoru

My average MATIC buy price is 1 dollar 🥲 rip

ForsakenMeeting7524

Looking at MATIC recovering fast earlier and then dumping back what it gained lol

HSuke

The supply cap never made sense in the first place. Most L1 blockchains with EIP-1559 + token burns like Ethereum do not have a supply cap. They're meant to be blockchains with sustainable tokenomics. The only 2 notable exceptions are AVAX and MATIC. AVAX has an artificially-high supply cap, so it can still go years without having to switch to an inflationary model. in general, EIP-1559 and sustainable security are not compatible with supply caps. Doubly-so if now that they're expanding to a multi-blockchain ecosystem with AggLayer.

HSuke

Why wasn't MATIC inflationary from the start? Polygon PoS has a very similar model as Ethereum, with a focus on utility and scalability. It adopted EIP-1559 with gas burns around the same time as Ethereum. But MATIC token's supply-capped tokenomics never matched and was never going to be sustainable with EIP-1559. Why didn't MATIC get rid of its cap sooner?

Status_Cockroach6953

What do MATIC coin holders need to do before or after this so-called upgrade?

LuminousViper

Is it a good thing that it is now inflatory? (I haven’t invested directly into MATIC but hold some rcc’s on the polygon network)

GreedVault

I need your advice, my portfolio used to have up to **70% in MATIC**. Do you think that's healthy, or should I distribute it more evenly among other cryptos?

jwz9904

that's right, BTC maxis are being born every sec. Alts/btc are all at or near ATL. Dot, ADA, MATIC, and most

jspartanlee

Switch MATIC to POL or keep it?

biba8163

1. XRP - A single entity, Ripple Labs, owns ~45% of the supply in escrow/lock 2. LINK - A single entity, ChainkLink Labs, owns ~40% of the supply in escrow/lock 3. TON - A single wallet owns 25% of the supply. The top 10 wallets own 60%, top 50 own 85%, top 100 own 93% of all tokens 4. MATIC - Top 10 addresses own 60% of the supply. Team is increasing the supply 20% to gift 10% to themselves

biba8163

1. XRP - A single entity, Ripple Labs, owns ~45% of the locked supply 2. LINK - A single entity, ChainkLink Labs, owns ~40% of the locked supply 3. TON - A single wallet owns 25% of the supply. The top 10 wallets own 60%, top 50 own 85%, top 100 own 93% of all tokens 4. MATIC - Top 10 addresses own 60% of the supply. Team is increasing the supply 20% to gift 10% to themselves