Polygon (MATIC) — Understanding the Past and Predicting the Future

CryptoMaster
5 min readOct 16, 2023

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The crypto world was buzzing in 2021, thanks to Polygon (MATIC). It reached an all-time high of $2.89 on December 26th. As we step into a new year, we wonder about MATIC’s story, its journey, and if it could ever reach $100 in 2022. In this article, we’ll dive into these questions and explore the world of MATIC’s price.

What is Polygon (MATIC)?

To truly understand MATIC, we have to start with Polygon, which used to be called Matic Network before February 2021. While the name has changed, Polygon’s mission is still the same.

Polygon is like a framework that connects different blockchain networks. It solves problems with blockchains, like making them faster and more useful. A big part of what it does is making smart contracts work better. Smart contracts are like magic computer programs on the blockchain that do things when something special happens.

The Birth of Matic Network

Matic Network was born in October 2017, bringing with it a technology called Plasma. Plasma let Matic Network do quick transactions off the main Ethereum chain. This made transactions super fast and didn’t put too much pressure on Ethereum. So, Matic Network was fast, safe, and easy to use.

The Evolution into Polygon

In 2021, Matic Network turned into Polygon and got even bigger. Polygon wanted to create a gang of connected blockchains that could work together. This meant anyone could make their own special blockchains with extra cool features. This is when Polygon introduced MATIC, the coin that’s still popular today.

MATIC Price Journey and Predictions

MATIC started its journey in 2017 but only became available in 2019, at a tiny price of $0.00263 per coin. In 2021, thanks to Polygon, MATIC had a huge jump. It went from $0.01781 at the start of the year to $0.4251 by March 13, 2021. That’s an incredible 2,286% increase in just 10 weeks!

After that, MATIC kept getting more and more popular. By April 2021, it reached $0.792, which is 86% more than it was in March. In May, MATIC went even higher, breaking the $2 mark.

So, from the end of 2020, MATIC’s price went up by a whopping 9,320%. Of course, there were some times when the price went down too, like when it hit $0.69 in July 2021. As of September 2023, it’s settled at $0.52.

MATIC Price Predictions for the Future

Predicting MATIC’s price is a tough game. But some folks have taken a guess:

  • FxStreet thinks MATIC could rebound to about $0.906, but they say to be careful because the market might not be great.
  • DigitalCoinPrice says MATIC might reach $1.16 by December 2022. They predict it could be $1.26 in 2023 and 2024. In 2025, they’re guessing $1.57, and they think it could be as high as $3.87 by 2030.
  • WalletInvestor is more cautious, thinking MATIC might only be worth $0.07 in a year.
  • PricePrediction.net has a much more optimistic long-term prediction. They say MATIC could be around $23.36 in 2030.

The future looks pretty bright for MATIC, but we have to remember that the market can change. So, it’s always a good idea to do some homework before making any investment decisions.

Meet the OYORI Token

MATIC has grown a lot, but it’s still too expensive for some people. That’s where the OYORI Token comes in. It’s a reflection token based on Polygon, and it’s a cool way to earn more MATIC.

How OYORI Tokens Work

OYORI has its very own crypto exchange where you can swap your MATIC for OYO tokens. The neat thing is that every time you use OYO tokens, you get some MATIC as a reward. The more OYO tokens you have, the more MATIC you can earn. It’s all done through a smart contract that’s open and clear.

Using Smart Contracts

OYORI’s magic is in its smart contract. It makes sure everything is safe and fair. You can even check it on the Polygon Scan to make sure nothing shady is going on.

Why Polygon is Perfect

OYORI loves Polygon because it’s super fast and doesn’t cost a lot for transactions. This is great for the reflection thing they do.

Decentralized Apps (dApps)

Decentralized apps are cool because they run on blockchains, and they’re different from regular apps. They are like computer programs that live on blockchains. OYORI’s reflection trick works great with them.

Why OYO Tokens Are Awesome

When you have OYO tokens, you get rewards for every time they’re used, and you get a piece of the pie when people buy OYO tokens. The more OYO tokens you have, the more rewards you get.

Understanding OYO Token’s Price

The price of OYO Tokens is set using something called “GWEI” from Matic Tokens. This price goes up by 1 GWEI every time someone buys an OYO Token and goes down by 1 GWEI when someone sells. OYO Tokens are getting closer and closer to being 1 MATIC each.

Referral Program and Lifetime Royalty Club

OYORI has a big family of rewards. You can earn rewards by telling your friends about OYORI, and you can even get lifelong rewards if you meet certain conditions.

Minimum Investment= 1 Matic Coin & Above(Like 100,1000,10000 Even More).

A Step-by-Step Guide to Buying OYO Tokens

  1. Download Trustwallet or MetaMask and transfer your MATIC to it on the Polygon Network.
  2. Access Trustwallet’s dApp Area and paste the OYORI Token purchase link:https://oyori.io/home/purchase/0xd4320be6bfc32ddf53480140a12ceec4c20b1549
  3. Confirm your Polygon Network membership.
  4. Connect your wallet, enroll, and secure your MATIC.
  5. Congratulations! You’ve acquired OYO Tokens and are set to earn daily rewards.

Conclusion

The OYO Token is an exciting opportunity to earn more MATIC and create a passive income. But remember, always do your homework before making any investment decisions. This article doesn’t offer financial advice, and it’s essential to research on your own. Mistakes can happen, and it’s always better to be safe.

If you have any questions or queries regarding OYORI, OYO Token, or Reflection, please don’t hesitate to reach out to us on Telegram. We’re here to assist you.

Oyori Social Media:

Telegram Channel

YouTube Video

Twitter

Instagram

Site:- https://oyori.io

Also Read…..

<<Oyori (OYO) Token: The Undervalued Gem Reflecting Matic (Polygon) for Great Returns

<<Is It Possible for Polkadot’s Price to Reach $1,000?

<<Investing in OYO Token: A Smart Choice for Crypto Enthusiasts

<<Floki Inu and Shiba Inu Are Outdated; Smart Investors Are Rushing To a New Oyori Token.

Disclaimer: This content is not financial advice. Make sure to do your research before investing. Mistakes can happen, and there might be errors in this content. Always make safe and informed investment choices.

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CryptoMaster

CryptoMaster is crypto information place and earning opportunities.