The price of the Polygon cryptocurrency rose by more than 3% in 24 hours

The price of the Polygon cryptocurrency rose by more than 3% in 24 hours
The price of the Polygon cryptocurrency rose by more than 3% in 24 hours

In the last 24 hours the price of Polygon (CRYPTO: MATIC) rose 3.76% to $0.74; the positive trend observed in the last week continues, during which the cryptocurrency recorded a gain of 5%, rising from $0.70 to its current price. The coin’s all-time high is currently $2.92.

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The chart below compares Polygon’s price movement and volatility over the past 24 hours (left) with its price movement over the past week (right). The gray bands are Bollinger bands, which measure volatility for both daily and weekly price movements; the wider the bands or the larger the gray area at any given time, the greater the volatility.

Over the last week, the coin’s trading volume has fallen by 9%, in contrast with its overall circulating supply, which has risen by 0.02%; this data brings the circulating supply to 9.28 billion coins, which is estimated to correspond to 92.83% of its maximum supply, equal to 10 billion coins. According to our data, MATIC’s current ranking by market capitalization is #21 at $6.84 billion.

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