Polygon Trading 9.2% Lower Over Last 7 Days (MATIC)

Polygon (MATIC) traded up 1.7% against the U.S. dollar during the twenty-four hour period ending at 9:00 AM ET on October 29th. One Polygon coin can currently be purchased for about $0.33 or 0.00000467 BTC on major cryptocurrency exchanges. Polygon has a market cap of $866.79 million and approximately $17.27 million worth of Polygon was traded on exchanges in the last 24 hours. During the last week, Polygon has traded down 9.2% against the U.S. dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 3.3% against the dollar and now trades at $71,174.22 or 1.00009581 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.5% higher against the dollar and now trades at $71,138.10 or 0.99958821 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polygon Coin Profile

Polygon launched on March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 2,610,322,762 coins. The official website for Polygon is polygon.technology. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here. The official message board for Polygon is blog.polygon.technology.

According to CryptoCompare, “Polygon (MATIC) is a scaling solution for the Ethereum blockchain that aims to provide faster and cheaper transactions. It is a parallel blockchain that users can “bridge” their tokens to and interact with through compatible wallets such as MetaMask or Coinbase Wallet. The network is secured by a Proof-of-Stake consensus algorithm and its native currency, MATIC, is used to pay for transaction fees and can be staked to earn rewards. Polygon was launched in 2020 by Ethereum developers and has attracted several leading DeFi applications to its network, including Uniswap, Aave, and PoolTogether.”

Polygon Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Polygon directly using US dollars. Investors seeking to acquire Polygon should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polygon using one of the exchanges listed above.

MATIC/USD price chart by TradingView