Polygon Crypto Surges Over 4% in a Day

17 views 2:28 pm 0 Comments May 15, 2024

Over the last 24 hours, the price of Polygon’s MATIC/USD has increased by 4.2% to reach $0.74, maintaining its positive momentum from the previous week with a 7.0% rise from \(0.69 to its current value. The current all-time high for the coin stands at \)2.92.

The following chart illustrates the price fluctuations and volatility of Polygon in the past 24 hours (left) compared to the movement in the last week (right). Bollinger Bands are depicted in gray, indicating volatility levels for both the daily and weekly price shifts. A wider band or a larger gray area signifies increased volatility during those periods.

Over the past week, the trading volume for the coin has dropped by 45.0%, aligning closely with the overall decrease of 0.64% in the circulating supply of the coin. The circulating supply now amounts to 9.28 billion tokens, constituting approximately 92.83% of the maximum supply of 10.00 billion. Based on our data, MATIC currently holds the #21 position in market capitalization at $6.87 billion.

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