Polygon's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Polygon's (CRYPTO: MATIC) price has seen a significant increase of 4.74% over the past 24 hours, reaching $1.13. Over the last week, MATIC's price has risen over 6%, from $1.05. The coin's trading volume has surged by 22% in the past week, while its circulating supply slightly decreased by 0.08%, now at 92.83% of its max supply. Currently, MATIC's market cap ranks #17, valued at $10.32 billion.
March 04, 2024 | 7:01 pm
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Polygon (MATIC) has experienced a 4.74% price increase in the last 24 hours, reaching $1.13, with a weekly rise of over 6%. The trading volume for MATIC has increased by 22%, and its market cap is now $10.32 billion, ranking it #17.
The significant price increase of 4.74% in the past 24 hours, coupled with a 6% increase over the past week, indicates strong market momentum for Polygon (MATIC). The increase in trading volume by 22% further supports the positive trend. Given these factors, the short-term impact on MATICUSD is likely to be positive, suggesting a potential continuation of the upward price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100