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Thanks to the partnership of Polygon (MATIC) with trading platform Robinhood, the native level 2 token of Ethereum is predicted to be a big success.
By October 31, 2022, MATIC is expected to trade at an average price of $0.885, as predicted by the CoinMarketCap community using the Price Calculation tool.
Thus, cryptocurrency users expect an increase of 18.56% or + $ 0.13, 3713 votes were cast for this.
MATIC Average Price as of October 31, 2022 Source: CoinMarketCap
Recall that on September 27, the Robinhood team announced that its Web3 wallet will be launched exclusively on Polygon.
On that day, the price of the MATIC token did not change significantly, but there is a possibility that a favorable shift in the minds of investors will still occur. The MATIC sentiment index has remained in the lower range for the past four weeks, so a change is very likely.
MATIC Sentiment Index. Source: Santiment
On the evening of September 29, Polygon traded at $0.735 with a slight daily drop of 0.54% and a weekly loss of 0.71%.
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