Polygon's Price Increased More Than 8% Within 24 hours

Over the past 24 hours, Polygon's MATIC/USD price has risen 8.96% to $0.85. This is contrary to its negative trend over the past week where it has experienced a 0.0% loss, moving from $0.86 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.

price_chart

Polygon's trading volume has climbed 90.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 0.2%. This brings the circulating supply to 9.28 billion, which makes up an estimated 92.83% of its max supply of 10.00 billion. According to our data, the current market cap ranking for MATIC is #16 at $7.90 billion.

supply_and_vol

Powered by CoinGecko API

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: CryptocurrencyMarketsMoversTrading IdeasBZI-CML
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!