Polygon Decreases More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Polygon (CRYPTO: MATIC) has seen a 5.88% decrease in price over the last 24 hours, continuing a negative trend with a 15% loss over the past week. The trading volume and circulating supply have also decreased, with the current market cap ranking at #18.
March 18, 2024 | 7:02 pm
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Polygon's price has decreased by 5.88% in the last 24 hours, with a 15% loss over the past week. The trading volume and circulating supply have also seen reductions.
The significant decrease in Polygon's price over both the last 24 hours and the past week, combined with a reduction in trading volume and circulating supply, suggests a negative short-term impact on its valuation. The market cap ranking at #18 indicates its importance in the crypto market, but the current trends could lead to further decreases in price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100