MATIC LOW PRICE AND THE BEST CHOICE TO BUY NOW

Bode

New member
hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends
 

Olezka

Member
that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover
 

Oleg

Member
Seems like it. Just read the article regarding the accusations against the MATIC team's possible manipulation of it but Binance seems intent on defending MATIC right now. Though seeing as the price did do a sudden dive, even if it was manipulated, price is still price so yep. Basic trading rules, buy low sell high. Although some traders have cautioned about this though because a possible retrace may come out.
 

Timofey

Member
hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends
How many times do you see +250% pump in 15 days without any significant correction? This pump was crazy. Pure manipulation. Don't expect x4 soon ... it will not be recover to average price (average price of last 6 months is around 150 sat - 240 currently). It will be comeback from average price to crazy price. This dump (-66% in 35 min) will scare any investor away for next few months. At least in my opinion. I suggest avoiding gambling on MATIC currently because i would not call it investing/speculating in such circumstances.
 

Akim

Member
that's right, they panicked because the matic Network Foundation sent a large number of tokens to binance, even though it was to be liquidated and based on ceo binance also said that on his twitter the matic team did nothing about the big dump. so it's likely a good opportunity to buy and it will recover
If so, then I made a purchase, I'm afraid the foundation tokens will be sent to Binance and then sold later and why should this be sent to Binance, of course many are panicking and this can be assumed that the Matic team mass-sold the matic to Binance so many are panic so many are selling at low prices.
 

Pavel

Member
hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends
I don't think so. Binance has locked the short Matic feature on Binance margin, and I think that as long as it is opened, a huge amount of short orders will dump Matic prices deeper. Its current price is still very high compared to the bottom price of $ 0.0035.
 

Anatoly

Member
hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends
Yes that is more like it, now is the best time to take advantage of matic price drop because this type of dump in value might never happen again
 

Artyom

Member
Classic pump and dump is what it looks like. I think what happened is that the price was pumped to create demand and thus liquidity for some large players to exit their position.

I don't think it's a good time to buy right now. It might go up a bit further, but I expect lower highs for a period of time until the price reaches the levels it started pumping from. People are better off not buying.
 

Artyom

Member
hello everyone a big panic sell on matic on binance will it recover that mean x4 soon check my dear friends
How many times do you see +250% pump in 15 days without any significant correction? This pump was crazy. Pure manipulation. Don't expect x4 soon ... it will not be recover to average price (average price of last 6 months is around 150 sat - 240 currently). It will be comeback from average price to crazy price. This dump (-66% in 35 min) will scare any investor away for next few months. At least in my opinion. I suggest avoiding gambling on MATIC currently because i would not call it investing/speculating in such circumstances.
Yes, I also think that it will not recover soon.

I prefer opening orders when buyers before this dump occurs feeling saturated, this is the right time to buy.

I think this recovery will occur in the next 3 months.
 
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