MATIC Price Explodes Smashing New ATH, Will It Hit $1 This Month?

Published by

Sohrab Khawas

March 10, 2021

MATIC, the Best Ethereum Solution in the Market!

MATIC price exploded since the mid of the previous working day and kept surging until recorded new ATH. The price rallied nearly 50% jumping from $0.22 levels to as high as $0.329 in just a matter of time.

The year 2020 is looked upon as the year of emerging DeFi space. Likewise, the current year 2021 can be the year of Gaming Index and NFT’s. And hence the token which was under a penny has urged massively above $0.3 currently.

As said by analysts, Lark Davis, Polygon Matic is the Chainlink of layer two scaling solution. And hence, it can be a dollar asset in the coming days.

Will MATIC price Attain $1 Levels?

In a blow to the MATIC community, Polkamarkets, which is the DeFi powered prediction market built for cross-chain information and exchange has announced its collaboration with Polygon. With an official announcement, Polkamarket announced a partnership to provide scaling solutions with low fees and smooth trading.

Also one of the most popular cryptocurrency exchange, CoinbasePro lists MATIC and the trading would be initiated from 11 March 2021, at 9 am. As the bullish momentum gears up with the asset, the MATIC price is may hit $1 initially and more than these levels in the coming days.

At the time of writing, the MATIC price is $0.33 with a huge jump of 48.18% in the past 24 hours. Currently, the price appears to be poised to hit $1 in the coming days. And with the announcement of collaboration of Polkamarkets and Polygon plus MATIC listing on Coinbase, MATIC price may explode more than $1 in coming days.

Sohrab Khawas

Sohrab is a passionate cryptocurrency news writer with over five years of experience covering the industry. He keeps a keen interest in blockchain technology and its potential to revolutionize finance. Whether he's trading or writing, Sohrab always keeps his finger on the pulse of the crypto world, using his expertise to deliver informative and engaging articles that educate and inspire. When he's not analyzing the markets, Sohrab indulges in his hobbies of graphic design, minimal design or listening to his favorite hip-hop tunes.