Polygon (MATIC) Trading Down 4.9% Over Last 7 Days

Polygon (MATIC) traded down 8.6% against the US dollar during the twenty-four hour period ending at 16:00 PM E.T. on June 7th. One Polygon coin can now be bought for about $0.66 or 0.00000961 BTC on major cryptocurrency exchanges. Over the last week, Polygon has traded down 4.9% against the US dollar. Polygon has a total market cap of $6.56 billion and $518.37 million worth of Polygon was traded on exchanges in the last 24 hours.

Here is how related cryptocurrencies have performed over the last 24 hours:

  • KILT Protocol (KILT) traded 2.5% lower against the dollar and now trades at $0.25 or 0.00000358 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded down 1.1% against the dollar and now trades at $0.0101 or 0.00000015 BTC.
  • AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Polygon

Polygon’s genesis date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 9,897,467,192 coins. Polygon’s official website is polygon.technology. The official message board for Polygon is blog.polygon.technology. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here.

According to CryptoCompare, “Polygon (MATIC) is a scaling solution for the Ethereum blockchain that aims to provide faster and cheaper transactions. It is a parallel blockchain that users can “bridge” their tokens to and interact with through compatible wallets such as MetaMask or Coinbase Wallet. The network is secured by a Proof-of-Stake consensus algorithm and its native currency, MATIC, is used to pay for transaction fees and can be staked to earn rewards. Polygon was launched in 2020 by Ethereum developers and has attracted several leading DeFi applications to its network, including Uniswap, Aave, and PoolTogether.”

Buying and Selling Polygon

It is usually not currently possible to purchase alternative cryptocurrencies such as Polygon directly using U.S. dollars. Investors seeking to acquire Polygon should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Polygon using one of the aforementioned exchanges.

Receive News & Updates for Polygon Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Polygon and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter.