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Cryptocurrency Polygon's Price Increased More Than 7% Within 24 hours

Published 23/02/2022, 19:12
© Reuters.  Cryptocurrency Polygon's Price Increased More Than 7% Within 24 hours

Polygon's (CRYPTO: MATIC) price has increased 7.55% over the past 24 hours to $1.53, which is in the opposite direction of its trend over the past week, where it has experienced a 14.0% loss, moving from $1.79 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 increased 23.0% over the past week while the overall circulating supply of the coin has increased 1.43% to over 6.87 billion which makes up an estimated 68.73% of its max supply, which is 10.00 billion. The current market cap ranking for MATIC is #16 at 10.56 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.

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