Long
DRA-MATIC? Why 900 Sats is in the cards. Seriously.
Matic has seen quite a run this year and in several ways, this project reminds me of Omisego. Both teams appear to be pursuing PLASMA technology as the solution to the scalability problem. At one point, OMG had a market cap of over 1 Billion but currently sits around 280mm. In my opinion, OMG still has more to offer due to the fact that it has a OMISE behind it and also because they won't dilute the number of tokens like MATIC will.
That being said, i believe MATIC could easily reach 50% the market cap of Omisego. If it's able to accomplish this in short order, we would be at 900-1000 satoshi's and nearly a 4x gain from current levels. Anyone who would have called a 10x gain in 12 days when we were at 50 SAT's would have been called a loon. Let me know your thoughts.
That being said, i believe MATIC could easily reach 50% the market cap of Omisego. If it's able to accomplish this in short order, we would be at 900-1000 satoshi's and nearly a 4x gain from current levels. Anyone who would have called a 10x gain in 12 days when we were at 50 SAT's would have been called a loon. Let me know your thoughts.
Note
My other post that goes beyond the technicals, worth a read: 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.