Since notching an all-time high of $2.87 in December 2021, Polygon's (CRYPTO: MATIC) price was pummeled in 2022, as with many other cryptocurrencies. At one point in June, it had lost 88% of its value.
With the $3 mark likely in reach should a crypto bull market return, the next psychological landmark investors might be looking for is a value of $5.
For its price to reach $5, Polygon would need to increase by around 230%. So the question is: Can Polygon nearly double its previous all-time high and hit $5?
Source Fool.com