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    Polygon

    MATIC

    Rank #20

    $0.9196

    -13.14%
    24H Low$0.9288
    $1.0724H High
    24H Volume
    $666.8 M
    All-Time High(ATH)
    $2.92
    All-Time Low(ATL)
    $0.003144
    Market Cap
    $8.62 B
    Fully Diluted Valuation
    $9.28 B
    Market Cap/FDV
    92.83%
    Circulating Supply
    9.28 B MATIC
    Total Supply
    10 B MATIC
    Max Supply
    10 B MATIC
    Market Sentiment
    Positive
    * Data from 3rd parties

    Polygon (MATIC) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.03402
    -3.7%
    24H
    $-0.1208
    -13.14%
    7D
    $-0.1972
    -21.45%
    30D
    $-0.02317
    -2.52%
    1Y
    $-0.2099
    -22.83%

    Credibility Indicators

    92.97

    Reliability Score

    Rank #1

    # 20

    Percentile

    TOP 5%

    Team Members

    Sandeep Nailwal

    Sandeep Nailwal

    Co-Founder

    Jaynti Kanani

    Jaynti Kanani

    Co-Founder

    Mihailo Bjelic

    Mihailo Bjelic

    Co-Founder

    David Z

    David Z

    Co-Founder

    Investors

    Coinbase Ventures

    Coinbase Ventures

    The Spartan Group

    The Spartan Group

    DragonFly Capital

    DragonFly Capital

    Binance Labs

    Binance Labs

    Galaxy

    Galaxy

    Animoca Brands

    Animoca Brands

    Digital Currency Group (DCG)

    Digital Currency Group (DCG)

    CoinFund

    CoinFund

    Live Polygon (MATIC) Price Update

    Polygon price today is $0.9196 with a 24-hour trading volume of $666.8 M, and as such Polygon has a market cap of $8.62 B, giving it a market dominance of 0.36%. The Polygon price moved -13.14% in the last 24 hours.

    Polygon reached its highest price on 2021-12-27 when it was trading at its all-time high of $2.92, while its lowest price was recorded on 2019-05-10 when it was trading at its all-time low of $0.003144. The current lowest price since the last cycle high was $0.003144, and the highest price since the last cycle low was $2.92. The social sentiment of Polygon is currently Positive.

    The current circulating supply of Polygon is $9.28 B MATIC. In terms of market cap, Polygon is currently ranked 20.

    About Polygon (MATIC)

    Matic network is now renamed polygon. Matic network is a second layer extensible platform, which realizes fast, simple and safe off chain transactions. It can not only pay transactions, but also realize generalized off chain smart contracts. Matic network is an important contributor to the Ethereum ecosystem. It is committed to the implementation of plasma MVP (the lowest running plasma), walletconnect protocol and Ethereum event reminder engine -dagger have made outstanding contributions. Matic tokens are used for equity betting and participate in the proof consensus mechanism of the side chain network.

    FAQs

    1. What determines the price movement of Polygon?

    There are two schools of thought in determining the price of Polygon.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Polygon, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Polygon from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Polygon on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Polygon as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Polygon and the cryptocurrency market as a whole.

    Polygon Tokenomics

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    Polygon Analysis

    Polygon (MATIC) News

    Polygon (MATIC) Announcements

    Date
    Market Cap
    Volume
    Open
    Close
    2024-03-19
    $10.22 B
    463.1 M MATIC
    $1.03
    N/A
    2024-03-18
    $10.67 B
    532.16 M MATIC
    $1.08
    $1.03
    2024-03-17
    $10.42 B
    716.79 M MATIC
    $1.05
    $1.08
    2024-03-16
    $11.23 B
    896.98 M MATIC
    $1.13
    $1.05
    2024-03-15
    $12.14 B
    822.62 M MATIC
    $1.22
    $1.13
    2024-03-14
    $12.53 B
    957.18 M MATIC
    $1.26
    $1.22
    2024-03-13
    $11.71 B
    764.13 M MATIC
    $1.18
    $1.26
    2024-03-12
    $12.32 B
    842.89 M MATIC
    $1.24
    $1.18