Cryptocurrency Polygon Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Polygon (MATIC) has seen a 5.33% price increase in the last 24 hours, continuing a positive trend with a 7% gain over the past week. Trading volume has increased by 22%, while circulating supply slightly decreased. MATIC's market cap is $4.12 billion, ranking it #26.
August 20, 2024 | 3:02 pm
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Polygon (MATIC) has experienced a 5.33% price increase in the last 24 hours, continuing a positive trend with a 7% gain over the past week. Trading volume has increased by 22%, while circulating supply slightly decreased. MATIC's market cap is $4.12 billion, ranking it #26.
The 5.33% price increase in the last 24 hours and a 7% gain over the past week indicate a positive short-term trend for MATIC. The increase in trading volume by 22% suggests growing investor interest, which could further support the price. The slight decrease in circulating supply is not significant enough to impact the price negatively. Overall, the positive price movement and increased trading volume suggest a likely upward trend in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100