Over the previous 24 hours, Polygon’s MATIC/USD worth has fallen 3.6% to $0.62. This continues its destructive development over the previous week the place it has skilled a 15.0% loss, transferring from $0.74 to its present worth.
The chart under compares the worth motion and volatility for Polygon over the previous 24 hours (left) to its worth motion over the previous week (proper). The grey bands are Bollinger Bands, measuring the volatility for each the day by day and weekly worth actions. The broader the bands are, or the bigger the grey space is at any given second, the bigger the volatility.
Polygon’s buying and selling quantity has climbed 14.0% over the previous week, transferring in tandem, directionally, with the general circulating provide of the coin, which has elevated 0.4%. This brings the circulating provide to 9.28 billion, which makes up an estimated 92.83% of its max provide of 10.00 billion. In accordance with our knowledge, the present market cap rating for MATIC is #22 at $5.80 billion.
This text was generated by Benzinga’s automated content material engine and reviewed by an editor.
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