Polygon is a network bridging Ethereum-based projects with others, solving problems such as low speed of transaction execution and too high costs. When using Polygon, developers significantly scale projects while maintaining the main Ethereum features, such as security, reliability, etc.
The Polygon crypto is MATIC (ERC-20 protocol). With MATIC tokens, you can pay commissions within the network. It also features the governance and security function. To find out the current rate of the Polygon crypto, you can track cryptocurrency prices on Coinmarketcap or use any credible crypto exchange. As of mid-September, the MATIC crypto price is $0,8904.
Key features of Polygon:
- Custom blockchains development and deployment of existing networks.
- A bridge between the Ethereum network and other blockchains.
- Enabling the interaction of networks with the Ethereum blockchain.
The Future of Matic Crypto Price
Based on historical indicators of MATIC crypto, experts have an idea of its future movements. So Matic crypto price prediction for 2023: the minimum level the price will reach is $1,57, and the maximum is $1,88. In 2024, the Matic crypto price will range between $2,29 and $2,68.
We can see that the prospects of the Matic crypto price are bright, so it makes sense to buy this asset at a low rate today. However, investments are always connected with high risks, so to make a weighted decision, you should learn about the project as much as possible and know all the risks and pitfalls.
If you decide to buy MATIC, we welcome you to the WhiteBIT crypto platform, the biggest in Europe, officially functioning. Working with this platform, you will find loads of convenient trading tools and earning opportunities. WhiteBIT provides crypto charts and demo trading options, where users can practice different trading strategies and receive priceless experiences.