MATH price prediction: What is MATH?

Can MATH maintain its momentum?

MATH logo featuring a series of white dots arranged in a double arrow formation, on a black background                                 
The MATH network aims to be a one-stop shop for crypto – Credit: mathwallet.org
                                

Contents

The MATH token has seen its price shoot up at a time when crypto has been slumping. But what is MATH? Let’s take a look and see what we can find out, and let’s examine the MATH price prediction, too. 

Math explained

In the world of cryptocurrency, one of the most important aspects is to make things convenient for customers and investors. People who want to get involved in crypto will have to do a lot of things to get hold of and manage their coins and tokens. They will have to register with an exchange and go through Know Your Customer checks. They will need to get a wallet and make sure their keys are safe and secure. They will need to check prices to know that they are getting the best deal. While a lot of people invest in crypto, it is, like a lot of things, harder than it looks and, when you are dealing with different things on different platforms, then the amount of donkey work that you have to do rises exponentially. 

The MATH network aims to solve that problem. The system, which was founded in 2019 by developers Eric Yu and Ke Qiao, aims to create a singular place where people can do anything. Although the main selling point of the system is its wallet which, according to the site, can accommodate cryptocurrencies from more than 106 different blockchains, there are other facilities, too. For instance, people can trade NFTs on the system, as well as use their wallet for staking. They can also make micropayments using the MathPay function, and they can use the platform to create decentralised applications (DApps) as well as trading crypto on the system’s decentralised exchange (DEX).

As well as facilitating the usage of a range of cryptocurrencies, the network also has its own native token, MATH. This cryptocurrency can be bought, sold and traded on exchanges. It can also be staked in return for rewards and holders can also vote on proposals to changes in the MATH network. Transaction fees on the platform are burned, thus, hopefully, keeping the price of MATH up. 

One thing to point out is that, because MATH is based on the Ethereum blockchain, technically speaking it is a token rather than a coin. However, you will hear references to such things as the MATH coin and the MATH coin price. Don’t worry, it is the same thing. There are also plans to place MATH on the MathChain, a layer 2 blockchain scaling solution, but these have not yet come to fruition. 

MATH price history

It’s now time to examine the MATH price history. While past performance should never be taken as any indicator of future results, knowing what the token has done in the past can help give us some context if we want to either make or examine a MATH price prediction.

When MATH first entered the open market in June 2020, it was worth around $0.16. It stayed considerably under the dollar until the start of 2021. It was at this time that the cryptocurrency market went through a significantly bullish phase, and MATH was one of many cryptos which got caught up in the rising tide of an increased interest in crypto. The apogee of this bull run came on 30 March that year, when it reached an all-time high of $3.29. After that, the price inevitably declined and, following the Great Crypto Day Crash of 19 May 2021, it spent much of the summer down, with the low coming on 27 July, when it fell to $0.9724.

After this, though, the market picked up, with August seeing prices rise in the wake of a new interest in non-fungible tokens (NFTs). By the end of that month, MATH was trading at $1.35, as it entered a bull run that saw it reach a periodic high of $1.75 on 6 September. After that, though, things cooled down and it closed the month at $1.23, down a little under 9% from the end of August. October saw another phase of decline, and it finished at $1.11, down just over 9.75%.

Even though November was a good time for crypto overall, with the market rising in response to Bitcoin hitting new heights, the best MATH could manage was $1.13, which it got to on 11 November. By the end of the month, fears about the Omicron variant of Covid-19 saw the market contract, and MATH took a hit, closing down at $0.8509. December was even worse, and by the end of 2021 the MATH price stood at $0.383.

Math price history
MATH price history – Credit: Currency.com

If people were hoping that 2022 would see MATH turn itself around, then their hopes would have been pretty much dashed when it closed January at $0.2119, down nearly 45% from the end of December. While February might have seen something of a fightback, with it reaching $0.2461 on 10 February, things soon fell apart to see it drop to a low of $0.1317 in the wake of Russia’s invasion of Ukraine on 24 February.

March was a better month for both crypto in general and MATH in particular, with it climbing to reach an encouraging high of $0.3022 on 21 March. Although there was a drop to $0.2231 on 24 March, it recovered somewhat to close the month at $0.2543 and then continued to rise, reaching a periodic high of $0.3933 on 12 April. After that, though, a market slump prompted by the Chinese crypto ban saw it close the month at $0.2077, down a little over 18% from the end of March.

May saw things get worse again, with the market turmoil caused by the depegging of the UST stablecoin and the collapse of the associated LUNA cryptocurrency leading to the price of MATH falling to $0.1228 on 13 May. The token continued to hover around the $0.13 mark until early June, when the news that the token would be listed on the Coinbase exchange saw it jump to $0.1559 on 8 June. There was a dropback later in the month, with the token dropping to an all-time low of $0.1184 on 21 June. There was some cause for optimism later, as the Coinbase listing was confirmed and it shot to a high of $0.384 on 22 June. By the morning of 23 June 2022, it was worth $0.297 which, although down from the previous day’s peak, still represented an overall rise of just over 150% in a matter of days. At that time, there were 114,356,164.04 MATH in circulation out of a total supply of 200 million. This gave it a market cap of just under $34m, making it the 438th largest crypto by that metric. 

MATH price predicition 

With that all out of the way, let’s take a look at the MATH price prediction. We need to point out that price predictions, especially for something as volatile as cryptocurrency, are very often wrong. Also, longer-term crypto price forecasts are often made using an algorithm, which means that they can change at a moment’s notice. 

First, CoinArbitrageBot makes a MATH token price prediction that sees it get to somewhere between $0.76 and $0.77 in 2022, before it moves to $1.36 next year and $2.03 the year after that. The site makes a MATH price prediction for 2025 which says that the crypto should trade at $3.56. It is worth pointing out, however, that the forecast for MATH in July 2022 sees it drop from current levels to around $0.189.

Next, CryptoPredictions.com has a MATH crypto price prediction which says the token should trade at $0.439 by the end of this year before it drops back down to a little over $0.41 in June 2023. A year on from then, MATH should be worth $0.53587, while the site’s MATH price prediction for 2025 sees it trade at $0.5079 in June that year. The site says that the token can reach a little over $0.60 by the end of 2026. 

Meanwhile, DigitalCoinPrice says that MATH should reach an average of $0.38 this year, $0.43 next year and $0.44 the year after that. There should be continued growth, with the 2025 price averaging $0.57. In 2026, there will be a slight drop in the token’s fortunes, with the price falling to $0.54, before it fights back in 2027 to reach $0.74. The following year, MATH should reach $0.93 and it should close the decade at $1.21. The site makes a MATH price prediction for 2030 of $1.38 before it rises to $1.54 in 2031.

Finally, Gov Capital has a MATH price prediction for 2022 which sees it close the year at about $0.08. By 23 June 2023, it should be trading at just under $0.39, before it reaches $0.875 a year from then. On the same date in 2025, it should be worth just under $2.02, before climbing to $2.73 12 months after. On 23 June 2027, MATH should, the site says, be worth a fraction of a cent under $3.56.

Final thoughts

Before we finish, some final things. Firstly, while MATH has recently experienced a significant price boost following its Coinbase listing, the market is still bearish. This means that there is every likelihood that the value of the token will fall back and, since we are, at the time of writing, not too far removed from MATH’s all-time low, it might be worrying if it resumes its prior decline.

Secondly, while the MATH network does seem to be pretty useful, the status of the MATH token suggests that the takeup has not been what the organisation’s founders will have hoped for. It remains to be seen what, if anything, can be done to boost the platform’s profile, although the recent Coinbase listing will have helped. As ever with crypto, it makes sense to be careful when considering your investments. 

FAQs

On 23 June 2022, there were 114,356,164.04 MATH in circulation out of a total supply of 200 million.

It can be argued, at least by proponents of buying during dips, that now might be a good time to invest in MATH. That said, some caution is needed. We have seen the price of MATH go down quite a bit over the last 12 months. Remember, cryptocurrencies can be highly volatile and prices can go down as well as up. You will need to do your own research and never invest more than you can afford to lose.

Supporters of buying during the dip might well tell you that cryptos like MATH, which has lost value over the last 12 months, are worth looking into. On the other hand, it has been in a bearish place for some time now. Regardless, you will need to remember that cryptocurrencies can be highly volatile and prices can go down as well as up. You will need to do your own research and never invest more than you can afford to lose.

This is a question that you will have to answer for yourself. Before you do so, you will need to do your own research, remember prices can go down as well as up, and never invest more money than you can afford to lose. 

Further reading

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