Cryptocurrency Polygon Up More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Polygon (MATIC) has seen a 7.67% price increase in the past 24 hours, reaching $0.58, despite a 10% loss over the past week. Trading volume has decreased by 21% over the week, with a circulating supply of 9.28 billion MATIC, representing 92.83% of its max supply. The market cap is $5.37 billion, ranking it #23.
June 19, 2024 | 7:00 pm
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Polygon (MATIC) has experienced a 7.67% price increase in the past 24 hours, reaching $0.58. This is a reversal from its 10% loss over the past week. Trading volume has decreased by 21% over the week, while the circulating supply remains stable at 9.28 billion MATIC, or 92.83% of its max supply. The market cap is $5.37 billion, ranking it #23.
The 7.67% price increase in the past 24 hours indicates a positive short-term trend for Polygon (MATIC), despite the recent weekly loss. The decrease in trading volume suggests less market activity, but the stable circulating supply and high market cap ranking provide a strong foundation for potential growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100