Polygon (MATIC) Price Down 8.9% Over Last 7 Days

Polygon (MATIC) traded 1.3% lower against the U.S. dollar during the 1-day period ending at 7:00 AM E.T. on November 1st. During the last seven days, Polygon has traded 8.9% lower against the U.S. dollar. Polygon has a total market capitalization of $839.37 million and $13.94 million worth of Polygon was traded on exchanges in the last 24 hours. One Polygon coin can currently be bought for about $0.32 or 0.00000457 BTC on exchanges.

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

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower 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 3% lower against the dollar and now trades at $69,973.87 or 0.99802915 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 3.4% lower against the dollar and now trades at $69,650.02 or 0.99341011 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Polygon

Polygon’s launch date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 2,616,885,622 coins. Polygon’s official website is polygon.technology. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. The official message board for Polygon is blog.polygon.technology. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here.

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.”

Buying and Selling Polygon

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

MATIC/USD price chart by TradingView