Matic Network is a completely new blockchain technology that aims to create a simple decentralized ecosystem to provide instant money transfers at low prices. According to many experts, cryptocurrency can become the main tool for money transfer, across the whole globe and in all areas of life. According to Matic Network developers, their new project can breathe new life into this old idea, as their creation is vastly different from the crypto projects that came before it.
Matic Network and its cryptocurrency MATIC gained some amount of money on Binance Launchpad in April 2019. What is going on with the cryptocurrency now? What is Matic Network price prediction for the next 5 years? Find out in our new Matic Network (MATIC) price prediction!
Matic Network (MATIC) Fundamental Value
When the developers at Matic Network came up with the idea of creating technology for fast transactions, it was decided not to create anything from scratch. According to the organizers, there is already a platform that is perfect for starting from, and it is Ethereum.
Vitalik Buterin’s creation is suitable because of the large number of developers, ready-made applications and network participants that are already concentrated around it. Therefore, it was decided to launch a run-in of the new technology on Ethereum.
Matic Network team has already presented the first ready-made interface libraries. Implemented tools allow you to create programs and an interface for them.
What are the features of Matic Network?
- Scalability. The network is able to skip a sufficient number of transactions in one second, which was made possible thanks to the Plasma operator. The network architecture, at the same time, is a side-chain tree, which allows you to raise the ceiling of simultaneous transactions to 65 million;
- Ease of use. Matic Network offers users native smartphone applications and programs designed to develop new software;
- High security. The network has an improved version of the Proof of Stake algorithm;
- The assets are mobile. Company tokens have the potential to move between different platforms built on the blockchain;
- Decentralized finance. Integrated DeFi app.
|Project name||Matic Network|
|Curr. Supply / Total Supply||2,549,094,192 MATIC / 10,000,000,000 MATIC|
|ROI since launch||246.21%|
Matic Network (MATIC) Price History
The minimum cost of cryptocurrency for the entire observation period was fixed at the time of entry into the market – May 9, 2019. The price of the token is $0.003012. At the same time, the token could reach its maximum after 12 days, when the price for one coin was $0.045017.
At the time of writing, its price has fallen by 4 times and has been recorded to be $0.015613. It’s too early to talk about the cost dependencies of MATIC and BTC, but so far the new project is moving on its own, and the trend was upward a couple of weeks ago.
Matic Network Technical Analysis
There is not actually any technical analysis of Matic Network cryptocurrency. However, here is the aggregate rating for MATIC from several traders & analysts on TradingView.
Matic Network (MATIC) Price Prediction for 2020-2025
1. Wallet Investor Matic Price Prediction for 2020-2025
They consider MATIC to be an outstanding long-term (1-year) investment. Matic Network price can go up from 0.0156 USD to 0.0236 USD in one year. The long-term earning potential is +51.05% in one year. Matic Network (MATIC) future price will be 0.0572 USD. Matic Network (MATIC) and potentially its market environment have been in a bullish cycle in the last 12 months. There will be a positive trend in the future and MATIC might be good for investing and getting a profit. Since this virtual currency has a positive outlook we recommend it as a part of your portfolio.
2. Reddit Users Price Prediction for Future
3. Trading Beasts Price Forecast for Matic Cryptocurrency in 2020-2022
Matic Network price is forecasted to reach $0.0199250 by the beginning of January 2020. The expected maximum price is $0.0250926, the minimum price $0.0170630. Matic Network price prediction for the end of the month is $0.0200741. Matic Network price is forecasted to reach $0.0213544 by the beginning of June 2020. The expected maximum price is $0.0273415, a minimum price $0.0185922. Matic Network price prediction for the end of the month is $0.0218732.
In December 2020, the price of one coin will be $0.0220945. In 2021, one Matic coin will be around $0.0295049.
4. Matic Network Price Prediction by GovCapital
GovCapital gives us a graph of MATIC cryptocurrency price changes in 2020: