Polygon New Year Price Prediction: How High Can MATIC Go?

Vignesh Karunanidhi
Polygon (MATIC) Weekend Price Prediction
Source: The Daily Hodl

Polygon is a decentralized scaling mechanism that Ethereum developers may use when creating dApps. Polygon offers a faster network and more security at a reasonable rate. The 2017 initiative project has emerged as one of the most intriguing and profitable in business.

MATIC was its previous name until April 2021, when it changed to Polygon. MATIC is the native token of the Polygon network. Polygon has recently breached the price level of $0.80. According to recent data, MATIC has surged by over 3% in the last 24 hours.

Alongside the whole cryptocurrency market, Polygon is also trading in green. With the New Year almost here, here is our price prediction for MATIC this New Year.

Also read: How Much XRP Do You Need to Become a Millionaire if Price Hits $1?

Polygon (MATIC) Price Prediction: December 2023
Source: Medium

MATIC price prediction for New Year

Various factors, such as market conditions, price action, developments, supply, and use cases, will determine whether Polygon’s MATIC can shoot up in price this New Year.

Based on MATIC’s behavior at the start of 2023, cryptocurrency experts at Changelly offer their price predictions for MATIC for the New Year. For this timeframe, MATIC’s price is anticipated to be $0.9385. During the new year, the minimum price is anticipated to be $0.8491. The maximum price is expected to reach $0.9653.

Also read: How Much SHIB Do You Need to Become a Millionaire if it Hits $2?

According to the latest CoinMarketCap data, Polygon is trading at $0.8871, with a 3% surge in value over the last 24 hours. MATIC has currently surged past the $0.8 resistance, eyeing the next level even when the whole market trades in the red. However, prices can fluctuate and vary depending on the overall market conditions.