Can MATIC reach $100 Reddit

To create new MATIC and secure the network, Polygon uses a proof-of-stake consensus mechanism — which means that one way you earn money on MATIC you hold is via staking . Validators do the heavy lifting — they verify new transactions and add them to the blockchain.

The crypto news outlet Coinpedia predicted ETH could end 2022 between $6,500 and $7,500 if the same bullish upswing that started in mid 2021 were to continue. However, 2022 brought a bearish downturn in the crypto market, making it clear that Ethereum’s price is not going to rise from sentiment alone.

MATIC currently has a circulating supply of 4,877,830,774 MATIC tokens and a max supply of 10,000,000,000 MATIC tokens.

Polygon (MATIC) Price Prediction at the Beginning of 2022 According to the portal’s forecast, the cryptocurrency could reach the $3 mark by the middle of 2022 . MATIC’s average rate might be $4.15 at the end of 2022.16 Mar 2022

GovCapital said in its MATIC price predictio that it could rise to $7.49 in a year’s time then it may hit $60.7 by February 2027 . Wallet Investor expected MATIC to be an “awesome” long-term investment. According to its Polygon crypto price prediction, MATIC could hit $2.96 by next March.