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Check the Latest Price of Polygon in India Today on BuyUcoin

Polygon Price MATIC-INR

₹ 31.19

Current Price

Polygon Price Chart in INR

  • Day
  • Week
  • Month

Last Price ▾ -0.69%

₹ 31.19

24h High

₹ 32.19 

24h Low

₹ 30.53

24h Vol

₹ 14694433018

1 MATIC to INR

Instant Buy

Current Price of 1 MATIC = 600,000 INR
For 100 INR you will get = 0.00045 MATIC

Coming Soon

Polygon Price History in INR

  • Day
  • Week
  • Month
Time Price in INR Change in %
Time Price in INR Change in %
Time Price in INR Change in %

About Polygon Matic

Market Cap Rank

#47

Polygon Matic is the native cryptocurrency of the Polygon Network, a layer 2 platform launched in 2017. Matic Network aims to address scalability and usability concerns while maintaining decentralisation and utilising the existing developer community and ecosystem..The Polygon Network, formerly known as the Matic Network, allows developers to design and deploy their Ethereum-compatible blockchains with a single click and allow other Ethereum-based projects to move data and tokens amongst one another using the MATIC sidechain. Consider it a mini blockchain that runs alongside the Ethereum network. In 2021, the price of Polygon's token skyrocketed.


What is Polygon MATIC?

Polygon is a cryptocurrency with the symbol MATIC and a technology platform that connects and scales blockchain networks. Polygon Crypto —dubbed Ethereum's internet of blockchains— Launched in 2017 as Matic Network. Polygon Matic is an off/side chain scaling solution for existing platforms that gives DApps/user functionality more scalability and a better user experience.

The Polygon platform connects Ethereum-based projects and runs on the Ethereum blockchain. The Polygon platform can improve a blockchain project's flexibility, scalability, and sovereignty while maintaining the Ethereum blockchain's security, interoperability, and structural benefits.

MATIC coin is an Ethereum-based digital currency that is compatible with other ERC-20 tokens. MATIC coin manages, secures, and pays network transaction fees on the Polygon network.


Who Created MATIC Coin?

Polygon Matic Founder are Jaynti Kanani, Sandeep Nailwal, and Anurag Arjun who started this blockchain scalability platform in 2017. It was intended to address the issue of high transaction fees and inefficiency on Ethereum, the world's second-largest cryptocurrency by market value. Polygon Matic is based on Ethereum; however, it allows users to construct applications for a fraction of the cost of Ethereum. Matic, Polygon's native token, Matic coin had grown in value from $26 million when it was initially released in 2019 to over $14 billion by 2022.


How does MATIC Coin Work?

Polygon Crypto is a layer 2 blockchain that sits on top of Ethereum. The Ethereum blockchain secures and settles transactions in the end. Still, developers have been working on second layers built on top of blockchains to boost the number of transactions per second that a network can handle.

Polygon Network attempts to connect several distinct Ethereum blockchain projects, which all have different capabilities but aren't necessarily interoperable, in what some call an Internet of Blockchains. Polkadot and Cosmos are two more blockchain initiatives attempting to solve a similar challenge. Polygon crypto promises to improve on these initiatives by being interoperable with Ethereum, leveraging the security and mature ecosystem of the second-largest blockchain.

Polygon Network uses the proof-of-stake consensus process to protect the network while generating new coins over time. Users must lock up coins to be randomly nominated to validate new data blocks, which is the same method used by Ethereum's 2.0 blockchain and Cardano.


Earn Free Polygon

MATIC Price Prediction

Polygon Price Today in India is ₹ 31.19 with a 24-hour trading volume of ₹14,69,44,33,018. In the last 24 hours, MATIC-INR price has decreased by -0.69%. Polygon CoinMarketCap rank is 47. The circulation supply of Polygon is 4,69,78,49,895.260583MATIC coins, with maximum circulating supply being unlimited.

MATIC Coin Price Prediction 2022

According to technical analysis, MATIC coin price prediction will be about $2.06 by the end of 2022. The MATIC coin price target is expected to recoup by June, implying a good peak, with a minimum Polygon price estimate of $2.25 by the end of 2023, which is certain to scale.

CoinQuora anticipates bullish long-term pricing for MATIC coin in 2022. This year, Polygon crypto has a good chance of setting a new high. That will only happen if Polygon can overcome some psychological obstacles with more updates on technology front.

WalletInvestor also predicts that the MATIC token will skyrocket over the next few years. They claim that the prices of these crypto-assets would fluctuate.

According to WalletInvestor, the average price of one matic coin will be 3.29 USD in 2022. In five years, polygon coin is anticipated to be worth 11.37 USD. The figure indicates that MATIC coin can be a beneficial long-term investment. Polygon MATIC will trade at around 1.9 USD in early 2023.


MATIC Coin Price History 2021

With a quantity of 3.23 billion tokens, the starting price of MATIC was $0.00263. At the time, the sale secured the project about $5 million.

Matic price inr started the year 2021 around INR 9.02, but soon skyrocketed to 2100% rise by May 2021, touching its all time high with strong popularity amongs the investor. Polygon Matic Coin price in India again broke its all-time high as the commencement of 2021 year reach a price of INR 230 for one matic coin.

The technological updates for Matic Network and pledges like Green Manifesto has proved to be worked in the year 2021 making the best year for Polygon Matic Network.


Is MATIC Coin a Good Investment in 2022?

Polygon Crypto prices grew due to widespread DApp use and various technology updates. The network's scalability will be increased to 65,000 transactions per second due to partnerships and collaborations. In the short term, the coin price may hit a resistance level above $1.5, according to Polygon price prediction 2022. Polygon MATIC is now trading at approximately $0.64.

With this information, price forecasting and Polygon coin price prediction are simple. Polygon's maximum price level by the end of 2022 is expected to be around $1.75, with a minimum price of roughly $1.28.

According to the Wallet Investor Polygon Price Prediction, the MATIC coin price in 2027 might be around $6.701. According to the MATIC estimate, income would increase by roughly 420.67 percent during the next five years.

To dimish market volatility investors can also opt for Polygon Matic SCIP Plan offerd by BuyUcoin


Polygon Features

Faster Transactions

Polygon can maintain rapid transaction processing speeds by adopting a consensus mechanism that completes the transaction confirmation phase in a single block. The average block processing time for Polygon is 2.1 seconds.

Scalability

Dedicated blockchains, custom wasm execution environments and scalable consensus algorithms

Low Transaction Fees

Polygon maintains its platform fees low, with an average transaction price of roughly $0.01.

Customer Experience

WalletConnect support, native mobile applications and SDK, and developer abstraction from mainchain to Polygon chain are all part of the customer experience.

Public Sidechains

Unlike individual dApp chains, Matic side chains are open to the public, permissionless, and capable of supporting a variety of protocols.

Buy and Sell Matic Coin In India at the best price

Whether you want to buy Polygon (MATIC) in India or you want to sell Matic in India at the best MATIC price in INR then you can count on Buyucoin- The most secure and safest platform in India. It is the best Indian Exchange that offers MATIC to INR trading pair. It is India’s most secure, dedicated, User friendly and trusted digital exchange.

At BuyUCoin you can not only buy/ sell at the best Polygon price in INR but also more than 100+ cryptocurrencies and It follows payment industry best practices with strict KYC-AML policies because of these features BuyUCoin become a leader in the Indian cryptocurrency Market of cryptocurrency exchanges

Should I Buy Polygon in India with BuyUcoin?

BuyUcoin users can buy and sell Polygon through various payment methods we provide. It’s quick, simple, and safe. BuyUcoin is an exchange platform where consumers can swap digital currencies such as Bitcoin, Ethereum, Shiba Inu, Dogecoin and over 150 other cryptocurrencies. In addition, when you sign up, you will be rewarded with free Bitcoin worth INR 100.

BuyUcoin, which has over 1M+ registered users, provides a comprehensive range of options that allow users to buy, sell, trade and store cryptocurrencies at a low price in India. Start trading now to receive INR100 worth of free Polygon after registering.

1 MATIC to INR

Instant Buy

Current Price of 1 MATIC = 600,000 INR
For 100 INR you will get = 0.00045 MATIC

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