Polygon Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has increased by 4.54% in the last 24 hours, reaching $0.89, continuing a positive trend with a 14.0% gain over the past week. The coin's all-time high is $2.92. Trading volume has increased by 47.0% over the past week, while the circulating supply has slightly decreased. Polygon's market cap is currently ranked #15 at $8.22 billion.
December 25, 2023 | 3:02 pm
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POSITIVE IMPACT
Polygon (MATIC) has experienced a significant price increase and a rise in trading volume, indicating strong market interest and potential continued growth in the short term.
The increase in Polygon's price and trading volume suggests positive market sentiment, which could lead to further short-term gains. However, as cryptocurrencies are highly volatile, the confidence in continued growth is not absolute.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100