The latest developments in the crypto money world have also hit the leading altcoin MATIC. MATIC has lost 0.6 percent in the last 24 hours, according to CoinGecko data.
Although MATIC is currently trading at $ 0.9, it made its ATH at $ 2.88 in 2021.
Polygon Long Term Price Predictions
Polygon (MATIC) aims to solve the scalability problem by creating a second layer instead of updating the basic Blockchain network layer. So Polygon is a Layer-2 solution for Ethereum (ETH). On behalf of this, it has been trying to be effective in increasing the speed and usability of Ethereum since its launch.
MATIC price prediction is based on expert opinions, technical analysis and previous movements.
Considering the current outlook, it does not make much sense for analysts and experts to make very high valuations for MATIC at the end of the year. The inflationary situation in the world and the interest rate hikes in the countries have a negative impact on the MATIC price.
The estimated maximum value for the MATIC by the end of 2022 is $1.01, while the minimum value is estimated at $0.9. In 2023, this situation is 1.33 dollars, while the maximum is 1.65 dollars. When we look at 2024, we see a price prediction ranging from $1.89 to $2.27. When we look at when MATIC reaches its ATH (All Time High), we see that analyst views point to the year 2025. In 2028, MATIC has an estimated minimum value of $8.43 and a maximum value of $10.11. If we take a look at 2031, the last year of the analysis, we see that the highest estimated value of MATIC is in the band of 29.64 dollars.