Polygon Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has increased by 3.07% in the last 24 hours, reaching $0.87. Over the past week, MATIC has seen a 12.0% increase from $0.78. The coin's all-time high is $2.92. Trading volume for MATIC has risen by 69.0% over the past week, while its circulating supply decreased by 0.3%, now at 92.83% of its max supply. MATIC's market cap ranks #15 at $8.11 billion.
February 12, 2024 | 7:02 pm
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POSITIVE IMPACT
Polygon (MATIC) has experienced a 3.07% increase in the last 24 hours, reaching $0.87, with a weekly gain of over 12%. The trading volume has surged by 69%, and the circulating supply has slightly decreased.
The positive price movement of MATIC, coupled with a significant increase in trading volume and a slight decrease in circulating supply, suggests a strong demand for the coin. This could potentially lead to further short-term price increases, especially considering its current momentum and market cap ranking.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100