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Polygon has been one of the handfuls of projects that have amassed the cryptoverse, with its utility and sprawl on the charts. Not to miss out, Polygon has also changed the perception of the masses around layer-2 protocols. The network has now set up a benchmark for emerging layer-2 protocols.

MATIC Price Prediction For 2022

MATIC Price Prediction For 2022

Potential Low Average Price Potential High
$1.249 $1.5 $1.726

  MATIC had initiated the trade for 2022 with a price tag of $2.503. The altcoin saw a fall to $1.913 in the very first week of the year. After a short-term retracement to $2.452 by the 18th of January. The asset slid down to its first cycle bottom at $1.313, on the 24th of January. 

After a series of moving sideways until the first week of February, MATIC’s price spiked to $2.096 on February 7th. This was again short-lived, as the tensity in the business, led to a downswing. That said, MATIC’s price has been ranging closer to its crucial support levels and has closed its trade for Q1 at $1.6958.

Polygon (MATIC) Price Prediction For Q2

  If MATIC manages to close its trade for the month of May, with a bullish price tag of $0.69. We can expect the quarter to range on an optimistic note. This could lead the price of the digital asset to its potential high of $0.969. On the downside, the altcoin could fall to its bottom at $0.703. That said, regular buying and selling pressures could land the price at $0.81.

MATIC Forecast For Q3

MATIC closing the second quarter on a bullish note will bring the much-needed impetus for the formation of higher highs. If the initiatives such as burn mechanisms and zk-Rollups, bear fruits, the price could soar to its potential high of $1.332. If the bears out-weigh the bulls, the price could land at $0.89. That said, average trade would leave the price at $1.098.

MATIC Prediction For Q4

  If the native asset of the layer-2 protocol commences the final leg with optimism. The price of MATIC with sentimental impetus could spike to $1.726 by the end of 2022. Whilst usual buying and selling pressures would limit the price at $1.5. If users seek newer layer-1s over the Polygon network, the price could fall to $1.249

Polygon Price Prediction For 2023

 If MATIC price seeks impetus from the growing adoptions and developments in the protocol. The price could close the yearly trade for 2023, with a potential high of $3.086. That said, the digital asset could trade with a regular price tag of $2.363 if not much impetus is received. If the network sees lesser adoption and activity owing to ETH 2.0, the price could fall to $1.643.

Polygon Price Prediction For The Next 5 Years

In the next 5 years, Matic could hit a new high by breaking its previous price records. And it is anticipated to be in the top 10 cryptocurrencies list. Several inbound developments and partnerships might lead to its growth. If the network can further work on TPS, it might eventually aid ETH holders and propel the price to $10.941

However, if the bears go on pulling the prices down due to a possible market crash or any external controversies. As a result, the price might fall to $8.511 By the end of 5 years. That said, on a positive note, Matic could be seen trading at $12.241. With its improved scalability and layer-2 blockchain’s long-term success.

 

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