If you look for information on Polygon price prediction, you have come to the right place. This article will also tell you what Polygon crypto is, MATIC crypto news, and where to buy MATIC coin, by the way, the best choice is StealthEX. So let’s find out more about Polygon MATIC.
What Is Polygon Crypto?
Polygon, formerly known as Matic Network, is a platform designed to accelerate Ethereum based decentralized applications and smart contracts. In simple terms, developers can transfer their products to the Polygon ecosystem and avoid any scaling issues. The platform’s main component is Polygon SDK which is a modular, flexible framework that supports creating numerous types of applications.
The Polygon Team’s mission is to empower everyone to effortlessly join a new, better world in which people and machines collaborate freely, without gatekeepers or intermediaries.
What Is MATIC Coin?
MATIC is a utility token used in the Polygon blockchain. MATIC token has a number of use cases including paying network transaction fees and enabling governance.
Nowadays Polygon crypto is one of the TOP-15 cryptocurrencies by market capitalization.
MATIC Crypto News And Achievements
Recently the project had the following main updates and news:
- Polygon SDK was announced.
- The Polygon Team announced the launch of a 150M$ DeFi Fund to make DeFi more accessible and cost-effective to bring the next million users to DeFi.
- A lot of Dapps were created on Polygon including Polymarket, Neon District, Decentral. Games, Decentraland, and others.
- The Polygon Team keeps building partnerships with numerous project leaders in the Crypto World including SushiSwap, Prosper, Band Protocol, Ocean Protocol, Chainlink VRF, RenVM, CargoX Platform, and more
- Chainstack launched support for Polygon, making it radically simple to build business-ready applications that scale.
- Gaming giant Atari partnered with Polygon to bring their NFT and token products to Layer 2.
- Matic Network was rebranded into Polygon.
What To Expect Next?
Right now there is no updated Roadmap for the Polygon project. But we can expect that the Polygon Development team will continue working hard to make Polygon the leading scaling and infrastructure platform of Ethereum.
Polygon Price Prediction 2021
TradingBeasts Polygon Crypto Price Prediction
According to TradingBeasts predictions, the MATIC price may reach the level of $2.78878 (+55.79%) per token already in July 2021. The average Polygon price is expected to be $2.30921 (+29.01%) by the end of December 2021.
WalletInvestor Polygon MATIC price prediction
Walletinvestor.com thinks that Polygon is an amazing option for a long-term investment. The MATIC price is forecasted to soar up to new heights of $4.197 (+134.47%) per token by the end of December 2021. While Polygon’s average price will stay around the mark of $3.492 (+95.08%).
DigitalCoinPrice MATIC Coin Price Prediction
DigitalCoinPrice forecasts that MATIC is a beneficial investment and its price may reach the mark of $2.57 (+43.58%) per coin in one year.
MATIC Coin Price Chart
Source: CoinMarketCap, Data was taken on 28 May 2021.
Current Price $1.79
Market Cap $11,210,556,344.16
Volume (24h) $11,210,556,344.16
Market Rank #15
Circulating Supply 6,211,590,053 MATIC
Total Supply 10,000,000,000 MATIC
7 Day High / Low $2.44 / $0.7491
All-Time High $2.68 May 18, 2021
Source: CoinMarketCap, Data was taken on 28 May 2021
Polygon Coin Technical Analysis
Source: Tradingview, Data was taken on 28 May 2021.
Is MATIC A Good Investment?
Many crypto analytics are very positive about the future potential of the MATIC coin. During the year 2021, it’s the maximum price could reach $4.197 while the average price will not go lower than $3.253. So if you are seeking long-term investment opportunities, the Polygon project is worth your attention.
Where To Buy MATIC Coin?
Don’t forget that StealthEX.io is the best platform to get MATIC coins.
- Choose the pair and the amount for your exchange. For example, BTC to MATIC.
- Press the “Start exchange” button.
- Provide the recipient address to which the coins will be transferred.
- Move your cryptocurrency for the exchange.
- Receive your Polygon coins!
The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.