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Tag: Matic Network

Growing your assets with Staking Platform Oryen in similar fashion with Polygon, Shiba Inu, and Big Eyes

Advertisement &nbsp &nbsp Conventionally, investing has been in stocks and other government-issued investment vehicles. These markets, like any investment, bear risks that may limit...

10 Top Cryptocurrencies Other Than Bitcoin to Keep Your Eye On

Bitcoin is without question the breakout star in the world of cryptocurrency. But there are many, many Bitcoin alternatives on the market. Learn more with BitPay.

Reddit Users Created 3 Million Crypto Wallets to Scoop Up Polygon NFTs

At least 3 million new users have turned to crypto, scrambling to scoop up one of Reddit's Collectible Avatars NFTs.Redditors have created more than...

Uniswap, Aave Pile Into Polygon’s Speedy Rollup Testnet for Ethereum

Polygon announced today the release of its zkEVM public testnet, which will let developers test the deployment of privacy-enhancing zk-rollups in their decentralized applications...

Polygon Price Prediction 2022-2026-Will MATIC Price Hit $2.18 by the end of 2022?

Polygon (MATIC) Technical Analysis

MATIC is the native token of Polygon that was formerly known as MATIC network. It only supports basechain on the Ethereum blockchain and is Layer 2 blockchain Unlike blockchains with scalability challenges, the Polygon blockchain completes 65,000 transactions per second in a chain, and confirms transaction within 2 seconds Prior to the migration of MATIC to its own blockchain, it was initially launched as an ERC-20 token on the Ethereum blockchain. Over 50 decentralized applications (Dapps) and decentralized finance (Defi) projects had been launched on the Polygon blockchain. What is Polygon (MATIC)? MATIC was launched on the Ethereum blockchain in 2017 before it was migrated to its own blockchain in 2019. It was cofounded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun The total supply of MATIC is 10 billion MATIC and in April 2019 launchpad, only 19% of MATIC’s total supply was sold at a rate of $0.00263 per token and $5 million was raised Let’s see the Polygon (MATIC) price analysis for the coming years. Price Analysis of Polygon (MATIC) Flashback: Fundamental Analysis of MATI With the very low fees that are used in Polygon blockchain for transaction, there has been an option for top platforms that host the buying and selling of non-fungible tokens to allow the option to use the Polygon network. For example, the OpenSea platform, allows it’s users to create and deploy for Sales NFTs with no fees. This is due to the high gas fees of the Ethereum network. Since the NFT market worth over $40 billion as at January 2022, the Polygon blockchain is attracting a host of projects in the NFT sector Though the price of MATIC plummet by over 50% from it’s all-time high value: analysts believe that once the blockchain continues to attain it’s Layer 2 goals, the price of MATIC will recover Now, let’s look at charts to see the price analysis of Polygon (MATIC). https://www.tradingview.com/x/O83wAzB3 The relative strength index for MATIC from the chart above is 39.44. This value means that the present trend of MATIC is weak since it lies between 30 and 50, though it is approaching the undervalued region of 30. https://www.tradingview.com/x/ou7S8c7L The 100-MA is above the 200-MA, which means that the price of MATIC might not give good returns to investors who want to hodl the token for only a few days. https://www.tradingview.com/x/mBJerIIy From the chart above, we can see that the jaw which is represented by the blue curve is above and not closer to the green curve called the lips. This means that the present price of MATIC might plummet further. Now, let’s see the price prediction of Polygon MATIC for the next five years. Polygon (MATIC) Price Prediction 2022 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2022, the price of MATIC will be at least $1.15, $1.6, $1.75, and $2.18 respectively. Polygon (MATIC) Price Prediction 2023 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2023, the price of MATIC will be at least $2.35, $2.6, $2.85, and $3.18 respectively. Polygon (MATIC) Price Prediction 2024 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2024, the price of MATIC will be at least $3.4, $3.65, $3.75, and $4.12 respectively. Polygon (MATIC) Price Prediction 2025 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2025, the price of MATIC will be at least $4.15, $4.6, $5.75, and $6 respectively. Polygon (MATIC) Price Prediction 2026 By the end of the first quarter, second quarter, third quarter, and fourth quarter of 2026, the price of MATIC will be at least $6.3, $6.6, $7.5, and $10 respectively. Polygon (MATIC) Price Prediction: Market Sentiment Let’s consider the price prediction of MATIC by well-known media platforms. Gov Capital According to Gov Capital, the price of MATIC will be $7.47 by next year and $60.7 by February 2027. Wallet Investor According to Wallet Investors, the price of Polygon (MATIC) will be $2.96 by March 2023 and $8.9 by March 2027. DigitalCoin According to DigitalCoins, the price of MATIC will be $1.96 by 2022, $2.18 by 2023, $2.95 by 2025, and $7 by 2031. Our Polygon (MATIC) Price Prediction With the concentration of the Polygon developers in achieving their Layer-2 goals and also the adoption of Polygon in the NFTs market, the price of MATIC will get to $10 by 2026. Conclusion From the fundamental analysis, charts, and market sentiments around Polygon, we can deduce that the price of MATIC will be bullish in the future which will reward long-term investors.

The post Polygon Price Prediction 2022-2026-Will MATIC Price Hit $2.18 by the end of 2022? appeared first on Cryptoknowmics-Crypto News and Media Platform.

Mark Cuban Unveils Two of His Largest Altcoin Investments, Calls For Viral Crypto App

Ethereum

Find someone who appreciates you as much as Mark Cuban appreciates Ethereum. Mark Cuban is a big fan of Ethereum, as the billionaire investor recently disclosed in an interview with Crypto Banter that he has contributed massively to Ethereum (ETH) and Polygon (MATIC). Cuban is well-known for being one of the public figures that are [...]

The post Mark Cuban Unveils Two of His Largest Altcoin Investments, Calls For Viral Crypto App appeared first on Blockonomi.

NFT STARS 2.0 branches out into P2E via first exclusive collaboration with Kitsumon // INO scheduled for February 7th, 2022

NFT STARS is happy to announce its first ever exclusive P2E project drop, featuring Kitsumon. Soon enough, you will be able to purchase their in-game NFTs on our platform and this is just the first step towards opening the platform up to the P2E industry. The NFT STARS marketplace could not stay away from the runaway P2E train, in fact we are laying down new tracks to converge with it. As part of the platform’s version 2.0 update, NFT STARS is actively seeking partnerships with promising new P2E projects. Its first break into the P2E industry is going to be

The post NFT STARS 2.0 branches out into P2E via first exclusive collaboration with Kitsumon // INO scheduled for February 7th, 2022 first appeared on Bitcoins In Ireland.

PDAX Launches 5 New Crypto – MATIC, ADA, Dogecoin, Polkadot, AVAX

Get to know the five coins that have launched in PDAX - MATIC, ADA, DOGE, DOT, and AVAX.

The post PDAX Launches 5 New Crypto – MATIC, ADA, Dogecoin, Polkadot, AVAX appeared first on BitPinas.

QuickSwap: A Journey of Economic Scalability for QUICK holders

Polygon, the fastest-growing trading ecosystem in the last two months, has achieved exponential development with the help of a strong team…

MATIC Technical Analysis: Price at 200-Day EMA Aims to Touch $3

Polygon (MATIC) Technical Analysis

The MATIC coin price aims to overcome sellers at $2.5 to regain bullish momentum and bring a bullish breakout of a long-coming resistance trendline. Polygon (previously Matic Network) is the first well-organized and user-friendly platform to support Ethereum infrastructure development and scaling. The core component of the platform is the Polygon SDK, a modular, flexible framework that can be used to build different kinds of applications. Polygon effectively converts Ethereum into a fully-fledged Multi-chain System. The multi-chain system is similar to others like Polkadot, Cosmos, Avalanche, and so on. Let us move ahead to read about Polygon technical analysis. Past Performance of MATIC The MATIC coin price shows a growth of more than 5% in the past 24 hours despite a previous higher price rejection candle. The price action maintains a sideways movement between $1.5 and $1.75. The recent long-range candles indicate increased trend volatility in the short term as buyers struggle to regain trend control. MATIC/USD Daily Chart MATIC Technical Analysis The MATIC coin price rises higher but struggles to overcome sellers at the 200-day EMA. However, the growing interest in DeFi-related coins can shortly result in a bullish recovery for Polygon. The crucial Exponential Moving Averages show increased chances of a bearish crossover of the 50 and 100-day EMA. Moreover, the struggling prices to overcome the selling pressure at the 200-day EMA fuels the consolidation range.  The Stochastic RSI Indicator shows a rise in the K and D lines as they escape the oversold zone after the recent bullish crossover. Therefore, the bullish cycle might soon result in the 200-day EMA breakout. The DMI Indicator shows a sharp rise in trend momentum evident by the jump in the ADX line. The DI lines reflect a bearish trend in action, but the recent reversal increases the chances of a bullish crossover.  Hence, the technical indicators reflect a bullish rise in MATIC within the consolidation range increasing the breakout possibility.  Upcoming Trend The MATIC coin price jump in the past 24 hours reflects a bullish reversal within the consolidation range. However, the increased momentum increases the 200-day EMA breakout possibility. Buyers need to be patient till the prices break above the 200-day EMA before making a target at 100-day EMA or $2.  At press time, TradingView keeps a “NEUTRAL” sentiment for the MATIC coin. Technical Analysis for MATICUSD

The post MATIC Technical Analysis: Price at 200-Day EMA Aims to Touch $3 appeared first on Cryptoknowmics-Crypto News and Media Platform.

You can buy Polygon today, the biggest top 20 winner: here’s where

The live Polygon price today is $1.61 with a 24-hour trading volume of $1.55…

The post You can buy Polygon today, the biggest top 20 winner: here’s where appeared first on Coin Journal.

Top 10 Metaverse Crypto Coins With a Circulating Supply Below 100 Million

Low supply Metaverse crypto coins are prevalent among investors looking for projects with higher unit prices. After all, Metaverse crypto coins with unit prices of a few satoshis look more like meme coins than serious projects. This list looks at our top 10 favorite Metaverse crypto coins with a circulating supply below 100 Million, ordered […]

The post Top 10 Metaverse Crypto Coins With a Circulating Supply Below 100 Million appeared first on NullTX.

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