Polygon's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has surged by 5.76% in the last 24 hours, reaching $0.93, and has seen a significant increase of over 32% in the past week. The coin's all-time high is $2.92. Trading volume has risen by 316% over the past week, and the circulating supply has grown by 0.28% to over 9.26 billion, which is 92.6% of the max supply. MATIC's market cap is currently ranked #12 at $8.58 billion.
November 14, 2023 | 3:00 pm
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Polygon's (MATIC) price has risen by 5.76% to $0.93, with a weekly increase of over 32%. Trading volume has surged by 316%, and the circulating supply has slightly increased. MATIC's market cap is now $8.58 billion, ranking it #12.
The significant price increase and trading volume surge indicate strong market interest and positive momentum for MATIC in the short term. The increase in circulating supply is nominal and unlikely to dampen the bullish sentiment. The market cap ranking provides additional context for the asset's performance relative to other cryptocurrencies.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100