Polygon (Matic) is an India-based cryptocurrency that is slowly gaining popularity all over the world. People interested in cryptocurrency must have heard about this crypto.
Polygon has great plans for the future. It aims to become 3rd largest crypto project following Bitcoin and Ethereum. After reading till here, you might be wondering that if Polygon (Matic) has such strong plans then will this crypto grow? and is it good for investment?. In this article, you will know everything about the future price of Polygon (Matic).
What Is Polygon (Matic)?
Rebranded in Feb 2021 to Polygon this network was previously known as Matic. It is a Blockchain Scalability Platform that solves the problem which Blockchain Networks face like high fees and low transaction speed.
The cryptocurrency was created by four Indian Ethereum developers Jaynti Kanani, Sandeep Nailwal, Anurag Arjun, and Mihailo Bjelic.
Polygon aims to create “Ethereum’s internet of blockchains” to achieve this Polygon provides a framework for developers which helps them to launch their own Ethereum-compatible blockchain networks in one click.
How To Buy Polygon (Matic)?
The process of Buying Polygon (Matic) is very simple. This crypto is available almost on all crypto exchanges.
To Buy Polygon Follow These Steps:
Step 1: Choose a cryptocurrency exchange. Sign up on the crypto exchange with your email address.
Step 2: Verify your account on the crypto exchange by providing your information like name, date of birth, country of residence, phone number, etc.
Step 3: Add Fund to your account.
Step 4: Search for Polygon (Matic) and make your purchase.
Step 5: (Optional) Find the best crypto wallet to store your Polygon (Matic), although usually, most crypto exchanges hold your tokens for you.
Past Performance Of Polygon (Matic):
From 2017 to 2019, the price of the Polygon (Matic) reached $0.02212. The year 2019 & 2020 was not good for the polygon its price fluctuated a lot in these years.
In Jan 2020, the price of Polygon was $0.01496,
The price kept going up and down throughout the year and only slightly increased to $0.01758 at the end of 2020.
2021 is looking good for the Polygon, The price of the cryptocurrency has increased rapidly in 2021, On 1st Jan 2021, The price of Polygon was $0.01775 after only 2 months the price increased by 1194.37% The price was $0.22975 On 28 Feb 2021.
Also, On 11 May 2021, Polygon (Matic) reached $1 for the first time after this achievement, few days later in the same month the crypto also reached $2 then the price also went down from $2.
We can say 2021 is a great year for this cryptocurrency. At the current time of writing the price of Polygon (Matic) is trading between $1-2.
Now let’s head towards our main topic…
Experts Opinion on Polygon (MATIC) Price Prediction:
According to Trading Beasts, Polygon will reach $1.71 by January 2022 and they say the price will decrease by the end of 2022.
Trading Beast also predicted that the price of Polygon will be $1.63 by December 2023 and $1.86 by December 2024.
According to digital coin,
the price of Polygon will be $2.33 in 2022, $2.82 in 2023, $3.49 in 2024, 4.04 in 2025, $4.72 in 2026, $5.33 in 2027, and 5.98 in 2028.
Gov.Capital says the price of Polygon will be $2.26 by 2022, $4.30 by 2023, $5.97 by 2024, $7.04 by 2025, $8.9 by 2026.
According to Wallet Investor, The Average price of Polygon will be
$1.85 in 2022, $3.56 in 2023, $5.27 in 2024, $6.98 in 2025, $8.69 in 2026.
Economy Watch says the price of Polygon will be $2.50 by the beginning of 2022 and by 2025 the crypto will trade at around $4.
Our Prediction About The Price Of The Matic
After seeing everyone’s prediction and doing proper research, we have come out with the future price of Polygon.
Polygon (Matic) Price Prediction 2021
By the end of this year, the price of Polygon could be between $1.8 and $2.
Polygon (Matic) Price Prediction 2022
At the beginning of 2022, we will see Polygon trading between $2 to $3.5.
Polygon (Matic) Price Prediction 2023-2025
The price of this crypto will keep rising. The Polygon will trade between $3 to $4 In the year 2023.
The price can rise to 4.8 by the end of 2024. Polygon will trade between $5 to $6 in the year 2025.
Conclusion: Is it profitable to invest in Polygon?
Polygon is a good investment option in 2021. Polygon has less risk than other cryptocurrencies, many experts say you can make good money by investing in this cryptocurrency.
But before investing in any cryptocurrency, you should do your own research and know everything about that crypto only then you will know whether that the cryptocurrency will be right for you or not. We would say you should do your own research before investing in Polygon then only you will that the Polygon will be right for you or not.