Polygon is a Layer 2 scaling solution that gets back support from Binance and Coinbase. it does not plan to change its basic blockchain layer, but instead, it works on making it faster and easier to use.
Moreover, Polygon is also one of those blockchains that have achieved zero carbon emissions and want to use blockchain to track and reduce carbon emissions.
In addition, Polygon’s zero carbon emission goal is only the first step towards sustainability. However, Polygon still has some environmental impact, even though it uses proof-of-stake, which is much more energy-efficient than proof-of-work.
Polygon Overview
Polygon has a market cap of $8,673,153,256 at press time and a circulating supply of 9,260,377,942 MATIC. Moreover, the 24-hour trading volume is $1,062,537,477, whereas it was trading at $0.93829 with an intraday gain of 1.98%.
Polygon Price Prediction For 2023
Since the start of the year, the price fell from $1.5 to the $0.5 mark. At press time, the MATIC crypto is above all exponential moving averages and showcases strength on the charts. Moreover, Polygon price rose by 72.60% over the last one month, and by 60.61% in the last three months.
Polygon is expected to reach as high as $1.045 by the end of December. Meanwhile, the average price is expected to reach $0.98 and its low is expected to touch $0.40.
Polygon Price Prediction For 2023-2030
Polygon Price Prediction For 2024
According to the 2024 price prediction, it could reach a highest value of $2.08 which would be a 99.04% potential ROI for those who have invested it in 2023. In addition, the average price of Polygon is predicted to be around $1.85, and the lowest price could be $1.62.
Polygon Price Prediction For 2025
The prices of Polygon, in 2025, MATIC is expected to have the following minimum and maximum prices: about $2.628 and $5.067, respectively. The average expected trading cost is $3.843.This shows a 384.88% potential ROI for those who have invested it in 2023.
Polygon Price Prediction For 2026
Anticipating further expansion, MATIC’s potential high for 2026 is predicted to be $4.4, while the low is estimated at $3.4, resulting in an aggregate price of $3.9.
Polygon Price Prediction For 2027
MATIC crypto can make a potential high of $5.4 in 2027, with a potential low of $4.4, leading to an average of $4.9.
Polygon Price Prediction For 2028
As the MATIC coin price progresses, the potential high price for 2028 is predicted to be $6.5, with a potential low of $4.8, resulting in an average price of $5.6.
Polygon Price Prediction For 2029
Polygon coin price potential high for 2029 could be $7.4, while a potential low of $6.2, with an average price of $6.8.
Polygon Price Prediction For 2030
With an established position in the market up to that time, MATIC’s potential high for 2030 is projected to be $9. On the flip side, a potential low of $8.7 will result in an average price of $8.8.
Summary
The Polygon price has showcased good performance, in the last month and in the last three months as well. At press time, the MATIC crypto is above all exponential moving averages and showcases strength on the charts. Moreover, MATIC’s potential high for 2030 is projected to be $9 and could give an enormous ROI to investors as of 2023.
Technical Levels
Support Levels: $0.40
Resistance Levels: $1.045
Disclaimer
In this article, the views, and opinions stated by the author, or any people named are for informational purposes only, and they don’t establish the investment, financial, or any other advice. Trading or investing in cryptocurrency assets comes with a risk of financial loss.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
Source: https://www.thecoinrepublic.com/2023/11/16/polygon-price-prediction-2023-2030-can-matic-surge-to-9/