Polygon's Price Increased More Than 8% Within 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has increased by 8.96% in the last 24 hours, reaching $0.85, despite a 0.0% loss over the past week. The coin's all-time high is $2.92. Trading volume surged by 90.0% over the past week, and the circulating supply rose by 0.2% to 9.28 billion, approximately 92.83% of the max supply. MATIC's market cap is currently ranked #16 at $7.90 billion.
December 22, 2023 | 3:01 pm
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Polygon's (MATIC) price has seen a significant increase of 8.96% in the last 24 hours, reaching $0.85, with a surge in trading volume by 90% and a slight increase in circulating supply.
The sharp increase in price and trading volume for Polygon (MATIC) suggests a strong market interest, which could lead to further short-term gains. The increase in circulating supply is nominal and is unlikely to dampen the positive price momentum.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100