Polygon (MATIC) Price Prediction – The Emergence of Worthy Competition from Tamadoge (2024)

The recent bloodbath and present downtime in the Cryptocurrency market has raised concern about some investments. Hodlers are not sure anymore which coin to hold on to, and investors are scared of buying the wrong token.

While many Cryptocurrencies have dipped to hell, others like MATIC are standing the test of time. MATIC has caught the attention of experts in the crypto world, and its amazing performance has sprung much analysis as to its price prediction for the next few years. Newer Cryptocurrencies like IMPT and TAMA are also tokens to look out for in the market at this time.

In this article, you'll learn about the Polygon network – their native token MATIC price prediction, and how it compares to new Cryptocurrencies.

Polygon (MATIC) Price Predictions

A host of analysts and Investors, having researched the MATIC token, consider it a good buy. They opine that the project is solid and predict that the token will price well for immediate and long-term profit. As we know, however, the crypto market is dynamic and can decide to take any turn. Find below a table summarising analysts' MATIC price predictions for the coming years.

The MATIC tokens from Polygon have traded for less than 5 cents for most of their existence. Although MATIC's price has increased dramatically, its all-time high is still slightly below 3 dollars ($2.92). As of today, 7th October 2022, MATIC is trading for about $0.838484. with a 24-hour trading volume of $282,387,333, MATIC is down by 0.70% in the 24 hours.

Presently, the circulating supply of MATIC is 8,734,317,475 coins, with a maximum supply of 10,000,000,000 coins, meaning we'll never have more than 10 billion MATIC coins in circulation.

While MATIC comes to mind in the list of Cryptos doing well in the market at the moment, there are also newer Cryptocurrencies like Tamadoge holding up pretty well.

Impt.io, a new crypto network with the native token IMPT, links companies and people who wish to lessen their carbon footprint with environmental projects. When you use the IMPT shopping platform to buy products from firms that care about the environment, you can earn IMPT tokens.

There will be three stages to the IMPT Presale, with Stage 1 already ongoing. According to the project's Twitter handle, IMPT stage 1 presale has raised over $1 million since it began on October 3 at $0.018. The current stage of the presale will last until October 26. Stage 2 will then start at $0.023. Now is the time to join this fantastic project.

Tamadoge (TAMA) is a new crypto that has gained a lot of attention in the crypto community and has seen an influx of investors. TAMA is one of the first meme tokens to have an NFT platform, its own metaverse, known as the Tamaverse, and other standard blockchain characteristics, including the P2E process and token use.

TAMA has recently increased dramatically, and there is reason to think this increase is related to the token's listing on prestigious exchanges like OKX and Lbank, among others. As of the time of writing this piece, TAMA trades at $0.05327. This is another rewarding project you can jump on.

Comparing IMPT and TAMA with MATIC

While all are great tokens, investing in Impt.io and Tamadoge will get you more value for money. Not only will you have more tokens of IMPT and TAMA because of their current low price, but you'd also make more profit since the IMPT and TAMA are still relatively new.

Regarding the utility of the tokens, IMPT has an edge over the much older MATIC. Investors are looking into the Impt.io project as it addresses decarbonization, a pressing global issue. In addition, Tamadoge, in the long term, has more room for growth. Analysts expect the present upward movement of the coin to continue till it becomes around $1. There is no better time to invest in Tamadoge.

Final Words

If you want to avoid Ethereum's high prices and sluggish speeds, Polygon (MATIC) is a fair option. However, investors are eyeing the new Cryptocurrencies IMPT and TAMA and looking to explore their possibilities. A sure-fire strategy to secure your wealth in the short- and long-term is to go into these new green Cryptocurrency projects.