Why it might be worth loading up on ETH and MATIC ahead of the Gen 3 launch ????

So first of all, this is not financial advice as I don’t know what’s going to happen on Monday with the whole Silvergate/SVB fiascos.

Although, there’s been a fair amount of money thrown about for Reddit collectible avatars. If there is a massive price dip for ETH and MATIC then it might be time to consider buying.

ETH will be used for the prices of the avatars and MATIC will be used for gas fees. However, all of this will be happening on the Polygon network so expect some people to be buying MATIC to swap to WETH via MetaMask. What does this mean? For a short while MATIC will be overvalued as it’s hard to say how much of the Polygon coin will be spent on the actual prices of the avatars or gas fees. To add further confusion some of the prices of the avatars will also be fully priced as MATIC along with the gas fees (this is mainly true for lower prices).

Another caveat to watch out for; There will be a free giveaway of Reddit collectibles known as a Starter Pack. This should provide a mini bump in profits and usage of MATIC whilst Generation 3 should generate a surge for the value of both MATIC and ETH with the value of these cryptocurrencies being valued at a much higher price.

If you are already DCAing MATIC and ETH then congrats on not being a complete degenerate/ day trader). Unless there is some kind of system wide domino effect run on crypto and finance in general a la 2008).