Polygon Falls More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has fallen 5.37% to $0.72 in the past 24 hours, continuing its negative trend over the past week with a 5.0% loss. The trading volume for the coin has tumbled 20.0% over the past week while the circulating supply has risen 0.4% to 9.32 billion, which makes up an estimated 93.19% of its max supply of 10.00 billion. The current market cap ranking for MATIC is #12 at $6.76 billion.
July 24, 2023 | 7:00 pm
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NEGATIVE IMPACT
Polygon's (MATICUSD) price has fallen 5.37% in the past 24 hours and 5.0% over the past week. The trading volume has decreased by 20.0% over the past week while the circulating supply has increased by 0.4%.
The price of Polygon (MATICUSD) has been on a downward trend, falling by 5.37% in the past 24 hours and 5.0% over the past week. This, coupled with a decrease in trading volume of 20.0% over the past week, indicates a bearish sentiment among investors. The increase in circulating supply could also put downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100