- Analyst predicts Polygon’s potential for 1,500% growth in 2025, emphasizing a buy-and-hold strategy for long-term profits.
- Polygon community considers $1.3 billion stablecoin initiative, exploring yield-generating opportunities with DAI, USDC, and USDT reserves.
Polygon POS is drawing considerable attention from analysts and investors, particularly following a recent analysis by popular crypto analyst Javon Marks on TradingView. Marks underlined that Polygon POS is trading at its lowest levels right now, offering investors what he thinks to be a big potential.
He asserts that the cryptocurrency market occasionally presents an opportunity to secure the best rates prior to a significant bull market and optimistic upswing.
Polygon’s (POL) Long-Term Potential: Strategic Opportunities
Emphasizing how low prices have trended since then, Marks hinted at a wave ending in early December. Suggesting possible returns of 10x, 15x, or even 20x during the predicted growth period in 2025, he expects that this declining trend will generate a “huge buy opportunity.”
He also emphasized the importance of trade volume and clarified that notable activity started following September 2024. Marks saw from looking at trading volumes that volumes had dropped as prices dropped, suggesting a maybe ideal opportunity for accumulation.
Marks counsels a simple strategy for long-term investors: “buy, buy, buy accumulating, and hold.” Emphasizing patience, he advised investors to wait for market peaks to maximize returns, forecasting in the most hopeful scenarios 1,000%, 1,500%, or even 2,000%. Though Polygon isn’t a “hidden gem,” Marks thinks it has great potential for expansion inside the crypto space.
Meanwhile, Polygon (POL) is swapped hands at about $0.4486 at the time of writing, a 3.29% correction over the last 24 hours and a 14.47% drop over the last 7 days.
Previously, CNF reported that the Polygon community is looking at supporting yield-generating systems by means of a $1.3 billion stablecoin effort via the Polygon PoS Bridge. Comprising idle DAI, USDC, and USDT, these reserves might yield an annual interest of perhaps $70 million.
Recommended for you:
Credit: Source link
