Over the past 24 hours, Polygon's (CRYPTO: MATIC) price has risen 10.27% to $1.83. This is contrary to its negative trend over the past week where it has experienced a 6.0% loss, moving from $1.91 to its current price. As it stands right now, the coin's all-time high is $2.92.
The chart below compares the price movement and volatility for Polygon over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.
The trading volume for the coin has fallen 46.0% over the past week which is opposite, directionally, with the overall circulating supply of the coin, which has increased 0.24%. This brings the circulating supply to 6.87 billion, which makes up an estimated 68.73% of its max supply of 10.00 billion. According to our data, the current market cap ranking for MATIC is #16 at 12.56 billion.
Where Can You Buy Polygon?
If you are interested in purchasing Polygon and want to know the best cryptocurrency exchanges, follow this link to Benzinga Money.
Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.
This post contains affiliate links from which Benzinga may earn a commission.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
