The price of Polygon’s MATIC token is looking bullish at the moment. Crypto experts believe that MATIC could break the $0.7 barrier following the growing adoption of the Polygon network.
The analysis on the rise of MATIC is based on its next launch with Meta, a virtual network created by Facebook where the Metaverse will be addressed. Many believe that Polygon’s adoption of Meta is a strong factor in pushing the price up.
Coca-Cola is also planning to launch its NFTs on Polygon. These developments are favorable for Polygon and could raise MATIC market capitalization to the industry’s ten-largest.
MATIC is currently at rank 17, but that could change in the year’s second half. The price is around $0.5222, with a $4.1 billion market capitalization.
At the current price, MATIC is down over 12% in the last 30 days and 82.13% from the all-time high last December. However, the future predictions for MATIC are bullish.
The price of MATIC has the potential to reach a high of $0.86. It can reach a high of $2.65 in 2025 and $13 - $15.32 in 2030.
Polygon's value is likely to climb as a result of a lack of supply. Please keep in mind that each investment comes with a degree of risk.