Polygon MATIC Price Prediction 2024
The Polygon price prediction for 2024 estimates Polygon to continue on a bullish note following a steady rise in its price over the past week, climbing 3% and reaching a notable $1.33 level.
The cryptocurrency, known for powering Ethereum’s layer-2 scaling solution, is now attempting to break past the $1.35 mark, which would mark a multi-month high. Many experts have been pleasantly surprised by Polygon’s resilience in the face of higher-than-expected US inflation. This can be attributed to the increasing number of game developers opting for the platform’s scaling network over Ethereum’s mainnet for their launch sites. Square Enix, a renowned company, recently announced its upcoming NFT game, Symbiogenesis, launching on Polygon’s gaming ecosystem.
Based on our analysis and estimations, the price could trade at a minimum price of $1.53, an average of $1.58, and a maximum forecast price of $1.82.Our MATIC price predictions for 2023 and beyond suggest the price could continue growing and reach a new all-time high of $38.87 in 2032. The graph below has values from 2024 up to 2032, whereby we can see a gradual increase in the price of MATIC. Thus, Polygon might be a good investment for those looking to benefit from the long-term growth of cryptocurrency.
