Polygon Price Prediction Is Polygon a Good Investment?

A comma separated list of tickers to get snapshots for. See Exchanges for Polygon.io’s mapping of exchange IDs. The number of aggregates (minute or day) used to generate the response. Limits the number of base aggregates queried to create the aggregate results. Read more about how limit is used to calculate aggregate results in our article on

Aggregate Data API Improvements.

With a premium Crypto plan, you will be able to use a single connection to the Crypto Cluster. If another connection attempts to connect to the Crypto Cluster simultaneously, the current connection will be disconnected. If you need more simultaneous connections to this cluster, you can contact support. Our WebSocket APIs are based on entitlements that control which WebSocket Clusters you can connect to and which kinds of data you can access. You can login to see examples that include your API key and are personalized to your entitlements. The Market Identifer Code of this exchange (see ISO 10383).

How to Buy Polygon MATIC?

There was then a recovery to $0.9486 on 3 December before another downturn to close the year at $0.7585, down 70% across the year. In 2023, though, MATIC rallied as the crypto market made something of a recovery. On 14 January it went back above the dollar on its way to a high of $1.56 – its best price since April 2022 – on February 18. By 24 February 2023, the https://investmentsanalysis.info/ news that Polygon was to make 20% of its workforce, or around 100 people, redundant, was a factor in the coin’s price dropping to around $1.35. It then partnered with Meta to work on non-fungible tokens (NFTs). As a result, it reached a high of $1.29 on 7 November before the collapse of the FTX (FTT) exchange saw it drop to a low of $0.773 on 21 November 2022.

It is an ideal blockchain platform that provides cheaper and lightning-fast transactions eliminating the complexities involved in the decentralized ecosystem. MATIC has been https://forexbox.info/ created with the sole objective of a multifunctional and multipurpose advantage in all walks of life. Polygon price prediction is mentioned in detail in this article.

MATICUSD Overview

Through an open-identity system, technical analysis of Polygon (MATIC) ensures that users have control over their private keys without worrying about their security or divulging personal keys. Polygon is a easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework. The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in.

Polygon Studios, if successful, could establish Polygon as a leading technology provider for decentralized gaming and NFTs. Polygon is a secondary scaling solution that is compatible with and complements the Ethereum blockchain. Polygon aims to improve upon Ethereum as a blockchain development network.

We expect the token to grow significantly based on MATIC coin price prediction. Based on the Polygon price prediction, the horizon is a pretty bright future for MATIC, and it does not solely bank on decentralization. MATIC enables decentralized exchanges to offer expeditious and inexpensive trades for their users. Integration with Polygon helps these exchanges run on steroids, making them trustworthy and secure. No wonder the Polygon SDK decentralized exchange drive is undoubtedly feasible in the near future price of digital assets. Before starting with MATIC price prediction, let us first know more about Polygon.

Exchanges

By staking MATIC, you can secure Polygon PoS and earn rewards. In this system, validators are disincentivized from engaging in any malicious behavior. MATIC is the currency of Polygon that enables users to interact with tens of thousands of dApps involved in our ecosystem. An in-depth look at the leading cryptocurrency ETFs in the U.S stock market this year. Regulations governing cryptocurrencies vary by jurisdiction and may change over time, which could impact the legality and use of cryptocurrencies. If you are planning to trade crypto, please consult a financial adviser.

The order in which to return the results, ordered by timestamp. Whether or not to include the aggregates used to calculate this indicator in the response. The nanosecond timestamp of when this information was updated.

Polygon Top Token Holders

In addition, the maximum price level of Polygon might be around $7.36. As a non-mineable token, MATIC’s current price stands around $1.00, with a crypto market capitalization of $9,254,815,821, putting it in the position of 10 in the global cryptocurrency rankings. There are 9,249,469,069 MATIC tokens available in supply currently. The all-time high price of Polygon is $2.92, and the trading volume for 24 hours is $518,119,273.

A unique identifier used by Polygon.io for this exchange. Whether or not trades with this condition update the high/low. Find more information about CIK codes at their website. Specify the CUSIP code of the asset you want to search for. Find more information about CUSIP codes at their website. The URL which can be used to request the underlying aggregates used in this request.

It is issued by regulated and licensed financial institutions that maintain full reserves of the equivalent fiat currency. Whether or not trades with this condition update the volume. Describes aggregation rules on a consolidated https://trading-market.org/ (all exchanges) basis. The ISO code of the primary listing exchange for this asset. Specify a point in time to retrieve tickers available on that date. The Unix Msec timestamp from the last aggregate used in this calculation.

One thing to note here is that, on 15 September 2022, Ethereum completed its transition to a proof-of-stake (PoS) consensus mechanism which, it is hoped, will help the network speed up. What long-term effect that will have on the likes of Polygon remains to be fully seen. Frax Ether is a liquid ETH staking derivative designed to uniquely leverage the Frax Finance ecosystem. FrxETH acts as a stablecoin loosely pegged to ETH, leveraging Frax’s winning playbook on stablecoins and onboarding ETH into the Frax ecosystem. PAX Gold (PAXG) tokens each represent one fine troy ounce of an LBMA-certified, London Good Delivery physical gold bar, secured in Brink’s vaults. Injective is a layer-2 DEX that unlocks the potential of decentralized derivatives and borderless DeFi.

As of Jul 04, Polygon has a market capitalization of $1.6 Billion and is ranked #29 among all cryptocurrencies. This calculation is based on the circulating supply of Polygon However, if we take into account the total supply of Tezos, the market capitalization would be $7.1 Billion. For more information on the market capitalization and price statistics See full market cap and price stats. The psychology of users plays a pivotal role in the crypto market sentiment.

• This is the timestamp of when the SIP received this trade from the exchange which produced it.
• Whether or not trades with this condition update the volume.
• MATIC’s price has appreciated significantly but has remained below $3.00.
• Polygon is a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.
• The value of shares and ETFs bought through a share dealing account can fall as well as rise, which could mean getting back less than you originally put in.
• If you plan on buying a lot of MATIC you may want to keep it in a wallet you control, not an exchange.

Remember that price predictions often end up being wrong and that prices can, and do, go down as well as up. As well as the name change, it also altered the way it worked. The new version of the platform aimed to create a truly interoperable system of mini-blockchains – or sidechains – which would allow people to operate it with a range of blockchains. Founded by former Ethereum employees Jaynti Kanani, Sandeep Nailwal, Anurag Arjun and Mihailo Bjelic in 2017, Polgon wants to create a “full-fledged multi-chain system”. WOO Network connects global liquidity, quantitative strategies, and top market makers to provide exchanges, institutions, and DeFi platforms with democratized access to deep liquidity.