Polygon Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Polygon (CRYPTO: MATIC) has seen a 3.58% increase in price over the last 24 hours, reaching $0.93. This is part of a larger trend, with a 10% gain over the past week from $0.85. The coin's all-time high is $2.92. Trading volume has risen by 65% in the past week, while the circulating supply decreased by 0.61% to 9.28 billion, approximately 92.83% of its max supply. MATIC's market cap ranks it #15 at $8.63 billion.
February 16, 2024 | 7:00 pm
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Polygon (MATIC) has experienced a 3.58% increase in price to $0.93 over the last 24 hours, contributing to a 10% gain over the past week. The trading volume for MATIC has increased by 65%, and its circulating supply has slightly decreased.
The positive price movement of Polygon (MATIC) over the past week, coupled with an increase in trading volume and a slight decrease in circulating supply, suggests a strong market interest and potential for further gains. The increase in trading volume indicates heightened activity and interest in MATIC, which could sustain or increase the price momentum in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100