Many cryptocurrencies soared to new all-time highs during the 2021 bull run. In contrast, some cryptocurrencies have dropped in value. Due to such market contradictions, many crypto traders and investors may be confused about whether it is time to hodl or sell their assets while the prices are good. In this article, we will take a closer look at the opinions of different crypto experts on MATIC’s future trading opportunities and take a look at our Polygon price prediction.
- Buy Crypto at The Best Rate
- Polygon (MATIC) Overview
- How Does Polygon (MATIC) Work?
- Polygon (MATIC) Price Analysis 2022
- Polygon (MATIC) Price Predictions for 2022 by Experts
- Government Capital
- Digital Coin Price
- Polygon Price Prediction 2022
- MATIC Price Forecast for October 2022
- November 2022: Polygon Price Forecast
- MATIC Price Forecast for December 2022
- Polygon Price Prediction 2023
- Polygon Price Prediction 2024
- Polygon Price Prediction 2025
- Polygon Price Prediction 2026
- Polygon Price Prediction 2027
- Polygon Price Prediction 2028
- Polygon Price Prediction 2029
- Polygon Price Prediction 2030
- Polygon Price Prediction 2031
- Is Polygon (MATIC) a good buy?
- Where can I buy Polygon (MATIC)?
- What will be the price of Polygon in 2025?
- Is MATIC a Good Investment in 2022?
- Can MATIC Reach $5?
Polygon (MATIC) Overview
How Does Polygon (MATIC) Work?
MATIC is a cryptocurrency of the Polygon network (formerly known as Matic Network), which was founded in 2017 by three Indian software engineers: Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun.
The Polygon network intends to solve the problems associated with the Ethereum blockchain, such as high transaction fees and network congestion without sacrificing security. The project aims to stimulate cryptocurrencies’ mass adoption by addressing the scalability issues experienced by many blockchains.
The Polygon network offered a second-level solution — instead of conducting transactions directly on the Ethereum network, Polygon itself processes them first. It is an add-on over the second-largest cryptocurrency (in terms of market cap), which allows users to engage with the ETH blockchain without having to deal with high gas fees or low transaction speeds.
The Polygon blockchain has the potential to process up to 7,200 transactions per second (TPS). For comparison, this indicator is equal to about 15 for Ethereum.
MATIC, Polygon’s native token, is an ERC-20 token based on the Ethereum blockchain, meaning it can be stored in any Ethereum wallet, including Eidoo and MetaMask. In addition, tokens are used for payment services on Polygon and for settlements between users who work on the Polygon trading platform.
Check out the video below for more information about the Polygon cryptocurrency’s features.
Polygon (MATIC) Price Analysis 2022
Polygon has faired a lot better than many other cryptocurrencies during the 2022 bear market. Instead of continuously decreasing in value, it managed to retain some key support levels and has even started rising again. This was in part due to the large-scale partnerships the cryptocurrency has announced during spring and summer of 2022 – namely, the ones with Coca-Cola and Disney – as well as further popularization of layer-2 scaling solutions.
MATIC is showing good results and seems to be following a long-term bullish trend. For its short-term prospects, see the TradingView widget below, updated in real-time. If it shows a “Buy” signal, that means MATIC price is currently bullish and is likely to rise; if the signal is “Sell”, that means Polygon is currently bearish.
And if you are interested in what other coins might be bullish in the near future, check out our list of the cryptocurrencies that might explode in 2022.
Polygon (MATIC) Price Predictions for 2022 by Experts
Many traders and analysts consider this project quite promising and predict that its price will rise both in the short- and long-term. However, no one knows for sure how MATIC will actually perform. Many factors may affect a coin’s price performance. Here is what some experts think about this cryptocurrency’s future price.
According to WalletInvestor’s Polygon price prediction, the value of MATIC may go down to as low as $0.035 by July 2023. Their forecast is incredibly bearish, and they rate this cryptocurrency as a bad long-term investment.
Government Capital has an incredibly bullish MATIC price prediction. According to their analysts, Polygon might be trading for over $3.7 per coin by 2023, and go up to $20 in five years.
Digital Coin Price
Digital Coin Price have a fairly optimistic Polygon (MATIC) price prediction. According to them, the minimum value MATIC tokens will reach in 2023 is $0.93 and the maximum is $1.15. They expect that the Polygon cryptocurrency will see slow yet steady growth in the coming years.
According to TradingBeasts’ technical analysis, MATIC may reach a price of up to $1.17 by December 2022. They think that it will then stay at an average trading price of around $0.9 throughout 2023 but will start rising again in 2024, potentially even going up to $1.5.
Polygon Price Prediction 2022
According to the technical analysis of Polygon prices expected in 2022, the minimum cost of Polygon will be $0.91991. The maximum level that the MATIC price can reach is $0.9899. The average trading price is expected around $0.9599.
MATIC Price Forecast for October 2022
Based on the price fluctuations of Polygon at the beginning of 2022, crypto experts expect the average MATIC rate of $0.88991 in October 2022. Its minimum and maximum prices can be expected at $0.80992 and at $0.91991, respectively.
November 2022: Polygon Price Forecast
Cryptocurrency experts are ready to announce their forecast for the MATIC price in November 2022. The minimum trading cost might be $0.89991, while the maximum might reach $0.9599 during this month. On average, it is expected that the value of Polygon might be around $0.92991.
MATIC Price Forecast for December 2022
Crypto analysts have checked the price fluctuations of Polygon in 2022 and in previous years, so the average MATIC rate they predict might be around $0.9599 in December 2022. It can drop to $0.91991 as a minimum. The maximum value might be $0.9899.
Polygon Price Prediction 2023
After the analysis of the prices of Polygon in previous years, it is assumed that in 2023, the minimum price of Polygon will be around $1.33987. The maximum expected MATIC price may be around $1.62984. On average, the trading price might be $1.38986 in 2023.
Polygon Price Prediction 2024
Based on the technical analysis by cryptocurrency experts regarding the prices of Polygon, in 2024, MATIC is expected to have the following minimum and maximum prices: about $2.0298 and $2.31977, respectively. The average expected trading cost is $2.07979.
Polygon Price Prediction 2025
The experts in the field of cryptocurrency have analyzed the prices of Polygon and their fluctuations during the previous years. It is assumed that in 2025, the minimum MATIC price might drop to $2.93971, while its maximum can reach $3.48965. On average, the trading cost will be around $3.0197.
Polygon Price Prediction 2026
Based on the analysis of the costs of Polygon by crypto experts, the following maximum and minimum MATIC prices are expected in 2026: $5.17948 and $4.22958. On average, it will be traded at $4.34957.
Polygon Price Prediction 2027
Crypto experts are constantly analyzing the fluctuations of Polygon. Based on their predictions, the estimated average MATIC price will be around $6.25937. It might drop to a minimum of $6.08939, but it still might reach $7.36926 throughout 2027.
Polygon Price Prediction 2028
Every year, cryptocurrency experts prepare forecasts for the price of Polygon. It is estimated that MATIC will be traded between $8.58914 and $10.54895 in 2028. Its average cost is expected at around $8.83912 during the year.
Polygon Price Prediction 2029
Cryptocurrency analysts are ready to announce their estimations of the Polygon’s price. The year 2029 will be determined by the maximum MATIC price of $14.56854. However, its rate might drop to around $12.47875. So, the expected average trading price is $12.83872.
Polygon Price Prediction 2030
After years of analysis of the Polygon price, crypto experts are ready to provide their MATIC cost estimation for 2030. It will be traded for at least $18.37816, with the possible maximum peaks at $21.9578. Therefore, on average, you can expect the MATIC price to be around $19.0181 in 2030.
Polygon Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Polygon’s price. The year 2031 will be determined by the maximum MATIC price of $31.54685. However, its rate might drop to around $26.94731. So, the expected average trading price is $27.89721.
Is Polygon (MATIC) a good buy?
Polygon (MATIC) has brought large profits to investors in the past, and is predicted to continue growing steadily in the coming years. However, since the crypto market is incredibly volatile, you should assess all the risks and DYOR before investing in it or any other coin or token.
Where can I buy Polygon (MATIC)?
You can buy MATIC on Changelly with low fees and at great rates.
What will be the price of Polygon in 2025?
It’s nearly impossible to accurately forecast crypto prices that far into the future. You can see our estimation of what MATIC price may be in 2025 in our price prediction, but please take it with a grain of salt and remember to DYOR.
Is MATIC a Good Investment in 2022?
MATIC has managed to secure quite a few major partnerships in 2022, bringing its investors a lot of profit. Many experts think that it is a really good investment.
Can MATIC Reach $5?
Although there are different forecasts regarding MATIC’s future prices, almost all of them are bullish. MATIC may be a good long-term investment, but most experts still think it’s unlikely to reach $5 in the near future.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.