Polygon has been leading the race in the top list of crypto. After bottoming out at just under $0.34, MATIC price reached a February high of $1.55, a 4.5X from the June 2022 lows, outperforming most of the top 20 tokens and pushing halfway back to the all-time high of just under $3.00.
What is the Polygon price prediction for 2025?
Estimates for Polygon price in 2025 show that $5.50 is a likely target, based on Fibonacci levels for a breakout above the current all-time high and the macroeconomic outlook over the next two years.
Will this price action attract new projects?
Such a positive Polygon price prediction will likely attract many new users to the blockchain and many new projects hoping to gain exposure to the burgeoning community.
Avorak AI may be one of those new projects that decide to take the leap onto the MATIC-fueled network.
Currently, the roadmap, which can be found here, states that in Q3 2023, they will add cross-chain liquidity, and with the launch planned on BNB Smart Chain, the next logical steps would be a layer-2 of Ethereum, such as Polygon, followed by Ethereum itself.
What is Avorak AI?
Avorak AI, one of the quality new projects that are likely to target Polygon for cross chain, is a machine-learning program that is dedicated to providing users with creative, trading, chat, and shopping services in the short term, with a much larger product set in later development.
Avorak AI plans to release an image generator, short- and long-form SEO-compatible text generator, and a full-service trading bot with indicators by the initial launch.
With AI already taking the market by storm, this full suite of services would be a strong contender to be market-leading.
How does Avorak AI work?
Avorak AI has planned to introduce a credit system similar to how other creative AI functions, but instead of having a static value credit system, the AVRK token will be created to serve this purpose. The initial funds raised through the ICO will be used to drastically expand and increase the speed of development, with those holding AVRK tokens being given a large share of the revenue that Avorak generates after the full launch.
What does this mean for Polygon price?
With quality projects being attracted to the Polygon ecosystem, users will have to purchase MATIC in order to use the network, which will continue to produce a buy demand and push a positive trend onto the MATIC price. As the market continues to reverse the bearish trend back to a bullish pattern, new projects are likely to come out of the woodwork again and be a driving force.
How can I buy Avorak?
Avorak’s token AVRK will be available through an ICO, starting on March 1st, and available through their website.
Want to learn more about Avorak AI?
Website: https://avorak.ai
Whitepaper: https://avorak-labs-and-technology.gitbook.io/avorak-a.i-technical-whitepaper/
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Source: https://www.thecoinrepublic.com/2023/03/01/polygon-matic-price-recovery-continues-avorak-ai-roadmap-targets-cross-chain-compatibility/