What is Matic?
Matic network bringing public checkpoint plasma nodes into PoS to improving Ethereum Blockchain performance. it provides more scalable network with less than 2 second transaction approval time and lower transaction fees with finality on the main chain. As per theory matic chain approve 216 transaction per block and in future multiple chains together able to do million transactions.
Currently tree network having capability of 65k transaction per second. This platform purely builds on decentralized application with solving problem of blockchain.
The network also provides API and SDK’s toolkit for easy, simple and secure Dapps development, as they now focusing on giving better user experience with UX abstraction. In addition to provide one stop solution sidechain also enable asset interoperability and one stop decentralized finance applications.
Matic Network Price Prediction
|Month & Year||MATIC Price Prediction|
|Project name||Matic Network|
|Total Supply||10,000,000,000 MATIC|
|Based on||2-layer mechanism plasma framework and PoS|
|All-time high||$0.045 USD|
|Exchange Platform||Bitrabbit, Binance, Bilaxy, Omgfin, BitForex, TOKOK, WhiteBIT, WazirX, CoinDCX, CoinEx, Coinone, Dcoin, Bitmax|
|Wallet||Matic Wallet, Ledger, Atomic Wallet.|
ICO Analysis & Market Cap
Matik Network Staking
The consensus and security will be managed by stakers and delegates of the proof of stakes. as, to become stake user need to deposit or stake token to qualify, after successfully become staker they will have authority to validate transaction and also get freedom to choose Block producers among them with applying some criteria. To improving staking, network already established different partnership in the last few months including stake.fish, stake capital and staked. With this they already approaching to building best ever staking ecosystem. Matik aims to become one the most trusted, secure and fast staking service provider in the world. so far, they already provided themselves and looking forward to bring more companies in the network.
Partnership & Integration
Recently they have VR Platform Somnium space become joins hand with matic to launch secondary land offering. Somnium space was previously using loom network for scaling their system, but after they found Matic is providing more scalability with advantage infrastructure they finally decide to migrate, this partnership is the expected reason of recent surge in ranking, as Somnium space is ranking on top position in the dapp in the asset value category on OpenSea. Before this, they have done major changes in 2019, in which project successfully transferred into Binance chain with joining the binance chain alliance.
Integration with Chainlink was the second most favourable for Matic, which was announced in June 2019. So far, project integrated with Ankr Network, Spring Role Marlin, Stack City, Cere Network, nestree, Prometeus and Tokamak. The main reason behind establishing this partnership to enter into different assets such as Data Brokerage, integrated messaging apps, WiFi ad Bidding, spearhead Enterprise Adoption, Decentralized oracle, scaling research and recruitment all over the world.
ICO was held on Binance DEX project and end on 26th April 2019 by raising $5.6 million USD. as observed rate on last sale of Matic Token was $0.00263, and from 10 Billion total Supply 34% token is available for distribution. Along with public offering three ventures also invested in Matic including Decentraland, Zebi, Parsec Labs.
Binance America announces to list Matic once mainnet will goes live in May 2020. As Bitcoin.com Exchange also offering trading competition before listing matic in their platform. As matic also listed on top Indian exchange platform i.e. WazirX and more announcement yet to come after 15 may 2020.
Matic Coin Price Analysis
On 18th may 2020, last day market cap volume cross $30 million mark and registered huge ranking growth by entering into top 100 largest digital coins from top 200 list, as price report also showing huge increment after huge dropped in April 2020, as in just less than 2 month Matic hiked by 165% and very close to beat 2020’s best price i.e. $0.0263 USD. as this cryptocurrency showing lots of potential and moving forward to the future, match may reach to $0.050 USD in 2020 year, as still big milestone for Matic will be reaching $0.10 USD. the Coronavirus bring lots of difficultly to other investing option, but it seems like two major changes in the top bulls in cryptocurrency, i.e. Bitcoin halving and Ethereum 2.0 making this network more profitable in year 2020.
The most frequent nature of Matic coin is keep fluctuating, other than if this coin goes bullish then it takes time to reach optimum level by showing consistent per day growth, as it started bearish or falling then its suddenly dropped with huge percentage, where most average fall rate will be more than 70%. The best tips to invest in Matic will be to wait for another fall, as currently Matic is on the peak, after you got the price point, where it showing small steady growth then choose that price for trading. As we know no can predict cryptocurrency correctly, so even if we study previous performance there will be surprises in the run of any cryptos.
The biggest milestone after $0.10 USD will be crossing $1 USD mark and calculating ROI with today price then percentage will be around 4730%, so with 5 year HODL will be worth. We will recommend to long term investment option for Matic, as well as short term investment also but that will be increase risk of loss.
Can Matic Reach $1?
Yes, Probably in 2020
How Much MATIC Coin Worth in 2030?
Probably closer to Price $5 USD
is Matic Network a Good Investment?
Yes, Long Term HODL will be profitable.
Ethereum 2.0 will be based on beacon chain and enable PoS mechanism in their network, as Matic already adopted PoS and doing far better than other PoS based Blockchain project. So, in future there is huge growth in market cap and price of Matic Coin.