The world of cryptocurrency is unpredictable yet lucrative. Understanding the workings and creation of crypto is a topic for another day, as it involves technical processes such as mining, which utilizes specialized hardware and software to add transactions to the Blockchain.
Bullrun, which took place in 2021, was a bit tricky for many traders out there. Some coins went up in price. Some cryptos fell. The value for MATIC decreased by approximately 11% in 2022. However, it went up by around 6% in 2023.
What will happen next with this coin? Will it keep increasing its price? Is it the right time to exchange MATIC for ATOM? Or will it eventually go down again in its value? Well, the honest answer to these questions is that nobody knows for sure.
However, in this article, we will dig deeper into predictions regarding the value of MATIC for the next 5 and 10 years. Are you ready to explore these intriguing insights? Let’s dive in.
Here, it is important to explain that MATIC, often referred to as Polygon, is a Layer 2 scaling solution built on top of the Ethereum blockchain. Its primary purpose is to address the scalability issues that Ethereum currently faces, such as high transaction fees and slow processing times.
How Much Will Polygon Cost in 2024?
Experts from Changelly.com assume that the Polygon value will grow in 2024. Some analysts say that the minimum price for MATIC in 2024 will be 1.16 USD per 1 coin. At the same time, the prediction of the maximum value reveals that MATIC could cost 1.32 USD per coin.
In January 2024, it can go up a little bit. Its value is likely to be 0.867 USD. Polygon is still expected to grow slowly in February, March, and April. Most probably, it’ll cost 1.03 USD in May. In September, it’ll be available for 1.20 USD. Finally, at the end of the year, Polygon will reach the point of 1.32 USD per 1 coin.
What Will Happen in 2028?
Different experts share different opinions regarding this. Let’s check them one by one.
- According to Coinpedia, the highest possible value of Polygon will be 6.504 per coin. At the same time, crypto pros from this site share their opinion on the lowest possible cost of MATIC in 2028. They believe it is going to be 5.666 USD.
- What about the prediction made by AMBCrypto? These guys think the cost of this crypto will be somewhere between $5.10 and $5.45 per 1 coin in 2028. These will be the minimum and the maximum prices accordingly.
- Cryptonewsz has a different estimation. They believe the value of MATIC will be somewhere around $4.93. They assume that it will be able to go up to $6.23 in the best-case scenario. Its average price is going to be $5.07.
- The next comes the prediction from Changelly. They state people will trade Polygon for approximately $5.07 per 1 coin in 2028. In their opinion, $6.23 per 1 coin will be the highest amount of money people want to pay for Polygon. On the other hand, $4.93 will be the lowest possible price.
- Finally, Gov Capital has no rough numbers to share regarding the MATIC value prediction in 2028. However, they believe MATIC could be worth $1.237 in 5 years.
Thus, as you can see, most predictions tell us that the average MATIC cost in 2028 will be either $5 or $5.66. With such uncertainty, many traders will want to stick to stablecoins and exchange BTC for USDT.
What Will be the Price for MATIC in 2033?
Let’s wrap this up with the prediction for 2033. What is going to happen to Polygon in 2033? That’s an intriguing question to explore. In fact, during our research, we’ve discovered that not so many sites are willing to make such long-term predictions.
Coindataflow is the only site that has made such estimates for 2033. They believe that the price of Poygon will grow by a staggering 2311.21% in the best-case scenario! Thus, it will be worth $12.55 in 2023.
Final Words
In this short blog, we’ve covered all the major predictions for Polygon prices for the next year. We’ve also explored estimates of how much it could cost in 2028 and 2033. Hopefully, now you are well-versed in this regard. However, we always underline the importance of doing your own research. It’s also good to be very cautious when it comes to finances.
Disclaimer: This article is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial professional before making any investment decisions.