Latest Matic news
Polygon's MATIC Up 20% Amid Whale Accumulation, Carbon Neutrality Push
Ethereum layer 2 scaling solution Polygon claims to have achieved carbon neutrality through offsetting carbon credits.
Circle, Parent Company of USDC, To Bring Euro Stablecoin To Ethereum: Is MATIC Next?
Cryptocurrency firm Circle announced on June 16 that it would be issuing Euro Coin (CRYPTO: EUROC). What Happened: As revealed to CoinDesk, USD Coin (CRYPTO: USDC) issuing company Circle would be launching Euro Coin. The stablecoin is to be collateralized with reserves in Euro denomination, constituting Euro government debt and cash. This news follows European Union regulators announcing that they would be structuring formal policies and regulations to oversee the issuing of stablecoins. Finalizing these regulations is to be implemented by the end of June. Euro Coin will launch June 30 upon the Ethereum (CRYPTO: ETH) blockchain. The Euro SEN (Silvergate Exchange Network) will be facilitating access to Euro Coin. Thus, users of the token must have a banking history with the network. Circle further stated that the stablecoin will be within the regulatory outlines of the U.S. legal framework. Why Its Important: There is major fear surrounding the legitimacy of stablecoins, following the recent plunge in the cryptocurrency market and the de-peg of Terra’s (CRYPTO: LUNA) stablecoin UST (CRYPTO: UST). Possessing collateralized reserves is an urgent need for new issuers of stablecoins. Backing the Euro Coin with cash and government debt reserves provides the token to have a more secure structure, as compared to algorithmic stablecoins, such as UST. The Euro Coin is issued in addition to the pre-existing euro-based stablecoins Euro Tether (CRYPTO: EURt) and Stasis Euro (CRYPTO: EURS). Numerous stablecoins that first launched on Ethereum found their way to layer-2 scaling solutions such as the Polygon (CRYPTO: MATIC) network. Given that stablecoins are frequently used as a means of purchase, the Ethereum mainnet poses the disadvantage of being costly, given the significant gas fees. Thus, numerous pre-existing stablecoins have scaled via L2s. Euro Coin's sister stablecoin USDC was scaled via the Polygon network, becoming the network's biggest stablecoin with a total value locked (TVL) of $59,819,040. As Circle launches Euro Coin, for the stablecoin to effectively scale and be used as an effective means of transaction, it may have to follow its predecessors and expand to layer-2 scaling solutions, such as the Polygon network. Photo: NicoElNino via Shutterstock © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Benzinga•
This article discusses the current MATIC price and the MATIC price predictions provided by reliable sources. Can MATIC reach a new all-time high in the future? What does the MATIC coin technical analysis indicate? Why is it important? What will the MATIC price look like in 2021-2025? Is the MATIC coin a good investment right now? Let’s dive in and decide for ourselves.
Matic Real-Time Status
MATIC current price, market cap, and volume. These variables are important indicators of the coin’s current market position. All the data, easily accessible via the Real-Time Status widget
Market capitalization is calculated by multiplying the coin’s price with its circulating supply and is used for measuring the value of a cryptocurrency.
Volume indicates the total amount of trades happening at the moment. Experts recommend looking out for a volume to market cap ratio under 1.0.
Catch up with the latest crypto data by using the widget below.
Matic Technical Analysis
Knowing the principles of technical analysis is essential for making the most accurate price forecasts. Technical analysis is used by professional experts to analyze and predict future price movements. Technical analysts discover previous price movement patterns and compare them to the current figures. By doing that, they make an assumption that the past pattern will occur in the future again, according to key variables. Technical analysis is the best way to make your own price forecast and determine your chances of profiting.
You can check the MATIC price through CoinJoy's crypto portfolio tracker. Choose MATIC from the list of coins or type its name in the search bar. Choose the number of coins, time and the date they were purchased. The algorithm will calculate the token price at the time of purchase and convert it to US dollar, based on the current value.
The token can also be added to the Portfolio. Your Portfolio does not only show the current price of the asset but your real-time losses and profits since the purchase as well. It’s a convenient way to track your holdings and always be aware of the token price changes.
How To Buy Matic
You can choose one or a few ways to purchase MATIC. First and foremost, your wallet must support the token. Wallets like Ledger, Coinomo, Trezor support MATIC tokens and allow you to store them. Locate the MATIC address starting from 0x. Sign up with MATIC and purchase the tokens with fiat money or other cryptocurrencies through one of the exchanges: Binance, PancakeSwap, UniSwap.
Purchase as many MATIC coins as you want with any supported asset or fiats. However, you will most likely have to pay higher fees.
There are various other exchange services that may support MATIC. It is recommended not to keep your coins on the exchange platform for a long time, and instead transfer them to your wallet.
Matic Price Prediction 2022
We have gathered the latest Matic price prediction results from some of the most reliable sources, namely Wallet Investor, Trading Beasts, and PricePrediction.net.
Trading Beasts has set the following targets for Matic in 2022: an average of $0.754, a maximum of $0.942, and a minimum of $0.641. Based on the provided data, purchasing Matic might be a good long-term investment.
PricePrediction.net has come out with a positive price prediction for Matic: an average of $0.77, and a minimum of $0.75 is what holders could be anticipating in 2022.
Wallet Investor is prominent that Matic prices will fall, forecasting a potential bearish trend in 2022. According to the website algorithm, investors may be expecting an average of $0.12, with a potential maximum of $0.04, and a minimum of $0.08.
Matic Price Prediction 2023
Similarly, Trading Beasts indicates an average of $0.698, a maximum of $0.873, and a minimum of $0.593 for Matic.
Based on the information provided by key indicators, PricePrediction.net believes that Matic prices could grow next year. The website forecasts the following prices for Matic: an average of $1.09, a maximum of $1.28, and a minimum of $1.05.
According to Wallet Investor, Matic prices are estimated to show negative downtrend signs in 2023, reaching an average of $0.06, with an expected maximum of $0.02, and a minimum of $0.04.
Matic Price Prediction 2024
Trading Beasts expects a continuous positive trend for Matic throughout 2024. The prices are likely to range between a maximum of $1.257 and a minimum of $0.855, with the average price reaching $1.006.
PricePrediction.net has set an average of $1.6, a maximum of $1.84 and a minimum of $1.54 for Matic in two years, therefore predicting value growth for the token.
As for 2024, Wallet Investor is bearish on Matic. Investors should watch out for a potential average of $0.077. The website also indicates a maximum of $0.026 and a minimum of $0.051 in two years.
Matic Price Prediction 2025
Trading Beasts is also indicating an increase in Matic prices, starting from the minimum of $1.024 and reaching as much as $1.506. The expected average price is $1.205.
Furthermore, PricePrediction.net is seemingly enthusiastic about Matic prices in 2024. The website forecasts that the price may go up to as much as $2.65. The expected average price is set at the $2.23 level, whereas the expected minimum price is $2.15.
In 2025 Wallet Investor views Matic negatively. According to the website algorithm, the expected average price is $0.04, with potential maximum and minimum prices reaching $0.026 and $0.013 respectively.
Matic Price Prediction 2030
Trading Beasts predicts that the bullish trend will remain strong for Matic in 2030. Investors could be expecting an average of $0.699. The maximum and minimum prices might hit $0.846 and $0.552 respectively.
Last but not least, based on the sentiment from PricePrediction.net, Matic prices will continue to grow in the long run, with the average price reaching the $13.36 level. The expected maximum price is $15.32 and the potential minimum is $13.
According to the long-term forecast from Wallet Investor, Matic has bad investment potential. The prices could reach $0.03 on average, whereas the maximum price could go up to as much as $0.034, and the minimum price could hit the $0.026 point.
Predicting crypto market is challenging. It is hard to forecast the exact price movement. Before you decide to invest in the cryptocurrency of your choice, we strongly recommend learning more about the coin itself and get familiar with the project's roadmap. Remember to always do your own research.
Is Matic a good investment?
According to the experts' forecasts, Matic will be a good investment.
Does Matic Have Potential?
The MATIC is already a quite popular cryptocurrency, gradually approaching the new highs on Coinmarketcap's market cap ranking. The project has developed strong partnerships with many giants of the cryptocurrency industry. Since Matic forecast is positive, It has potential.
How much will Matic be worth in 2022?
In 2022 the price of MATIC is expected to reach $0.86, based on the forecasting from various sources.
How much will Matic be worth in 2023?
In 2023 the price of MATIC is expected to reach $1.28, based on the forecasting from various sources.
How much will Matic be worth in 2024?
In 2024 the price of MATIC is expected to reach $1.84, based on the forecasting from various sources.
How much will Matic be worth in 2025?
In 2025 the price of MATIC is expected to reach $2.65, based on the forecasting from various sources.
How much will Matic be worth in 2030?
In 2030 the price of MATIC is expected to reach $15.32, based on the forecasting from various sources.