Cryptocurrency Polygon Down More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Polygon (MATIC) has seen a price drop of 5.58% in the last 24 hours, continuing a weekly decline of 15%. Trading volume decreased by 26% while circulating supply increased by 6.82%. MATIC's market cap is $3.78 billion, ranking it #27.
September 04, 2024 | 3:00 pm
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Polygon (MATIC) has experienced a significant price drop of 5.58% in the last 24 hours, continuing a downward trend over the past week with a 15% decline. The trading volume has decreased by 26%, while the circulating supply has increased by 6.82%.
The significant price drop and decrease in trading volume suggest a bearish sentiment in the market for MATIC. The increase in circulating supply could also contribute to downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100