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Can the Polygon token reach 0?

Highlights of history

  • The live price of Polygon coin is 0.41282287 €.
  • The MATIC price could reach a maximum 1 dollar in 2024.
  • Polygon price could reach a high of $9.08 by 2030.

The Layer 2 altcoins are struggling to hold their own in this volatile market, while Bitcoin is between 58,000 US dollars And 60,000 US dollarsUnder such conditions, the price trend of the altcoins shows a bearish tendency and plunges below crucial support levels.

As this L2 cryptocurrency heads towards a new yearly low, investors are curious to see if the Polygon price can rise back to $1 and if Polygon is a good investment.

We bring CoinPedia’s Polygon price prediction for 2024 – 2030 to explore and answer such questions for you.

overview

Cryptocurrency polygon
Sign MATIC
Price 0.41282287 € Red -1.09%
Market capitalization 4,099,077,139.8209 USD
Trading volume 169,680,155.8774 USD
Circulation quantity 9,929,384,889.5324
All-time high $2.92 Dec 27, 2021
All-time low 0.003012 USD May 10, 2019
24 High $0.0000
24 Low $0.0000

MATIC Price Prediction August 2024

Amid increased price volatility, Polygon price has risen 2.89% in 7 days. In particular, it is traded at 0.4207 USD and has recorded a 24-hour trading volume of $156.326 million.

Polygon Price Prediction 2024
TradingView: MATIC/USDT

A bullish price movement could push the MATIC coin price towards its highest level. $0.50However, in case of a bearish move, this altcoin could retest its crucial support level of . 0.3250 USD.

Month Potential low Potential average Potentially high
August 0.3250 USD 0.4150 USD $0.50

MATIC Price Prediction Q3 2024

If the Polygon price regains momentum, it could push the altcoin closer to its resistance. 0.500 USDMaintaining the price at this level could set the stage for MATIC Crypto to test its upper level 0,690 €.

On the other hand, a bearish move could pull the price towards its low of . $0.50.

quarter Potential low Potential average Potentially high
Third quarter $0.50 0.595 USD 0,690 €

Polygon Price Prediction 2024

MATIC welcomed 2024 with a modest 2.04% gain on New Year’s Eve, but the run above the $1 mark was short-lived and ended in a pullback. However, a bullish turnaround could put the 21st largest cryptocurrency on track to 1 dollar mark.

Polygon Crypto price could reach a high of $1. On the other hand, this L2 altcoin could fall back to its previous low of. 0,40 €which leads to an average price of $0.70 all year round.

Year Potential low Potential average Potentially high
2024 0,40 € $0.70 1,00 €

MATIC Price Prediction 2025

The MATIC price prediction for 2025 predicts the formation of a new all-time high with the widespread adoption of Polygon 2.0.

With a potential maximum of 2,567 USDthe price will continue the bull run. However, a short correction could reach a potential low of 1,028 USDwhich is an average of $1,843.

Year Potential low Potential average Potentially high
2025 1,028 USD $1,843 2,567 USD

Polygon Price Prediction 2026 – 2030

Year Potentially Low ($) Average Price ($) Potentially high ($)
2026 1.42 2.75 4.08
2027 2.45 3,944 5,438
2028 4,828 5,666 6,504
2029 6,267 6.8585 7.45
2030 7,715 8.4975 9.08

Polygon Price Action 2026

In anticipation of further expansion, MATIC’s potential peak value for 2026 is $4.08while the potential low at 1,42 €which leads to an average price of $2.75.

MATIC Price Prediction 2027

MATIC Crypto can reach a potential high of 5,438 USD in 2027, with a potential low of $2.45which leads to an average price of 3,944 €.

Polygon Crypto price prediction 2028

With the price development of the MATIC coin, the potential maximum price for 2028 is 6,504 USDwith a potential low of $4,828which leads to an average price of 5,666 USD.

MATIC Coin Price Prediction 2029

The potential maximum price for Polygon coins for 2029 could $7.45while a potential low of $6,267with an average price of $6.8585.

MATIC Price Prediction 2030

With an established position in the market, Polygon could reach a potential high of $9.08On the other hand, a potential low of 8,715 USD results in an average price of 8.8975 USD.

Market analysis

Company name 2024 2025
GovCapital $2.14 $3.46
Price of the digital coin $2.02 $2.84
Trading beasts 1,38 € 2.01 USD

CoinPedia’s MATIC price prediction

Coinpedia’s price targets for Polygon are extremely volatile, suggesting that the MATIC crypto price could reach new swing highs and potentially surpass its all-time high in 2025.

The Polygon price prediction 2024 predicts a swing high of 1,00 €with an average price of $0.70.

We expect the MATIC price to reach $1.00 by the end of 2024.

Year Potential low Average price Potentially high
2024 0,40 € $0.70 1,00 €

Historical price development of Polygon

Plus, read the latest crypto news in 100 words! Get the live cryptocurrency and blockchain news at your fingertips. Stay up to date with important announcements and breaking news.

FAQ

What price can Polygon reach by the end of 2024?

The MATIC price could potentially end its trading for 2024, with a more expensive price of 1,00 €.

Is MATIC a good investment?

Yes, it is a profitable investment, the digital asset should be considered for the long term.

How high can Polygon rise by the end of 2025?

According to our MATIC price prediction, the altcoin could potentially reach a maximum of 2,567 USD by the end of 2025. In case of a possible increase, the price could reach $9.08 by the end of 2030.

Is Polygon better than Solana?

However, this is not a direct comparison, as one is layer 2 and the other is layer 1.

How high can MATIC go?

In the best case, it processes 65,000 transactions per second.

Why is Polygon faster than Ethereum?

The main function of this altcoin is to enable Ethereum’s multichain ecosystem. It provides a network that offers interoperability between past and current Ethereum infrastructure scenarios.

Can Polygon reach $100?

Matic Price Prediction $100, It is possible that it will reach 100$ in the next 18 years.

If I invested $100 in Polygon in 2020, what would it be worth now?

Your $100 investment in 2020 at $0.022 (December 2020 high) would now be worth approximately $3,554.55, with a percentage gain of 3,454.55%

MATIC
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By Olivia

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