Polygon (MATIC) Market Cap Tops $832.53 Million

Polygon (MATIC) traded 2% lower against the U.S. dollar during the 1 day period ending at 9:00 AM E.T. on November 2nd. One Polygon coin can currently be purchased for $0.32 or 0.00000453 BTC on major exchanges. Over the last week, Polygon has traded down 3.4% against the U.S. dollar. Polygon has a market cap of $832.53 million and approximately $4.61 million worth of Polygon was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over 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 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 down 0.8% against the dollar and now trades at $69,600.57 or 0.99920633 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.8% lower against the dollar and now trades at $69,513.91 or 0.99796222 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polygon Profile

Polygon was first traded on March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 2,640,401,942 coins. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. The official website for Polygon is polygon.technology. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here. Polygon’s official message board 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 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 GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Polygon using one of the exchanges listed above.

MATIC/USD price chart by TradingView