Polygon Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has decreased by 3.3% over the past 24 hours to $0.61, contrary to its performance over the past week where it has experienced an up-trend of 14.0%. The trading volume for the coin has risen 30.0% over the past week while the circulating supply has decreased 0.51% to 9.25 billion, which makes up an estimated 92.49% of its max supply of 10.00 billion. The current market cap ranking for MATIC is #14 at $5.61 billion.
October 27, 2023 | 7:00 pm
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NEGATIVE IMPACT
Polygon's (CRYPTO: MATIC) price has decreased by 3.3% over the past 24 hours. However, it has shown a positive trend over the past week with an increase of 14.0%. The trading volume has risen 30.0% over the past week.
The decrease in price over the past 24 hours could negatively impact the short-term performance of MATIC. However, the overall positive trend over the past week and the increase in trading volume could indicate a potential recovery.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100