Matic Price Prediction 2022: Polygon Price Prediction for 2022 is $1.19
(According to a leading YouTuber) Matic Polygon is likely to surge ahead of Ethereum by next month.
According to the real vision bot, Matic is a top cryptocurrency to invest in.
Matic Polygon is likely to surge ahead of Ethereum by next month. Matic is surging and most found bullish from the past few months
Matic Price Prediction 2022, 2025, 2030
Matic Price Prediction 2022
The Maximum Matic Price Prediction for 2022 is $1.19.
Matic Price Prediction 2025
The Maximum Matic Price Prediction for 2025 is $2.91.
Matic Price Prediction 2030
The Maximum Matic Price Prediction for 2030 is $15.63
Dumps and Pumps for MATIC in the last 2 months
- Dump: June 10th to June 19th – Price falls from $0.65 to $0.33
- Pump: June 19th to June 25th – Price rises from $0.33 to $0.6.
- Dump: June 25th to June 30th – Price falls from $0.6 to $0.44
- Pump: July 13th to July 19th – Price rises from $0.54 to $0.91
Reasons for the Pumps and Dumps
- The fall during June is attributed to the entire crypto market crashing and not just Polygon singularly.
- Additionally, the overall fall of Polygon was due to the performance of Polygon’s projects which caused many investors to lose faith and started to sell their investments in Polygon.
- The rise in prices of MATIC in the last few days is because (A) analysts have predicted a positive outlook (B) The crypto markets overall have started to rise (C) The projects run on MATIC has increased, which increased the adoption of MATIC (D) Polygon’s recently announced partnership with Disney and others which make them relevant and popular amongst new audiences.
Polygon Matic Price Prediction: Google Trends
The search volume of Polygon Matic is higher than 24 hours ago.
Polygon Price Prediction: Momentum Summary
|Google Search Trends||Lower|
|Social Media Buzz||Higher|
What is a polygon?
Polygon is set up on the Layer – 2 scaling solution based on Ethereum, which makes the entire transaction time and cost-efficient. MATIC acts as a high-performance platform for developers to host their decentralized apps or dApps, while also enabling the launch of independent blockchains (private). Polygon’s unique feature of adhering to its security protocol is not mandatory i.e., it is upon the user to use/enable it or not, which allows the blockchains to remain uncontrolled unless they want to switch.
Matic Network Price Prediction: Why Should You Invest In Matic?
Polygon MATIC is a layer 2 blockchain that is a solution for Ethereum’s Scaling, Speed, and Transaction Fee issues. Polygon’s fix to these problems makes it a viable scaling solution for Ethereum. But will the new Ethereum 2.0 kill MATIC or will it have a way out?
Polygon’s fundamental thought was not to be an Ethereum killer but to act as a bridge for Ethereum’s other blockchains to execute a transaction faster. Polygon is meant to extend the advantages of Ethereum’s security and ecosystem to all without depending on the ETH blockchain.
Faster: Polygon has a capacity of processing 7,000 transactions per second which are leaps and bounds faster than the 15 TPS of Ethereum. Additionally, it is believed that despite the ETH 2.0 update MATIC will remain ahead due to constant developments and experimentation in the ecosystem.
Energy Consumption: Polygon operates on the Proof of stake mechanism which uses far less energy as compared to the Proof of Work mechanism. Polygon has also stated in its website that it is already carbon neutral.
Security: Polygon provides Security as a Service either through Ethereum’s blockchain or through polygon’s own pool of professional validators.
GAS Fees: It is stated by the co-founder of ETH that despite the new ETH2.0 the GAS fees will not be decreasing. Here, MATIC takes a lead, since it has placed its transaction fees in the range of $0.0005 to $0.2 which is minuscule compared to ETH’s $12. Polygon has saved more than $140 M in GAS fees till now.
Varieties of Scaling Solutions: Polygon has 3 live scaling solutions, 3 under development, and 1 in beta testing which clearly means that Polygon is preparing itself for ETH 2.0.
Where to Buy Polygon Matic?
There are multiple crypto exchanges offering Polygon MATIC tokens. Here are some of the best-known exchanges offering Polygon token tread:
- Coinbase Pro
- Huobi Global
Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Index or Individual Stocks. Please consult a registered investment advisor to guide you on your financial decisions.