Polygon (MATIC) Trading 1.6% Lower Over Last Week

Polygon (MATIC) traded down 5.1% against the dollar during the one day period ending at 8:00 AM ET on March 18th. One Polygon coin can currently be purchased for about $0.21 or 0.00000251 BTC on popular exchanges. Polygon has a market cap of $397.55 million and $3.62 million worth of Polygon was traded on exchanges in the last day. Over the last seven days, Polygon has traded down 1.6% against the dollar.

Here is how other cryptocurrencies have performed over the last day:

• Taiko (TAIKO) traded 3.2% lower against the dollar and now trades at $0.63 or 0.00000760 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $82,732.00 or 1.00119277 BTC.
• SolvBTC (SOLVBTC) traded 0.9% lower against the dollar and now trades at $82,550.20 or 0.99899262 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Polygon

Polygon’s launch date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 1,913,783,718 coins. The official website for Polygon is polygon.technology. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. Polygon’s official message board is blog.polygon.technology.

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 possible to purchase alternative cryptocurrencies such as Polygon directly using U.S. dollars. Investors seeking to trade Polygon should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Polygon using one of the exchanges listed above.

MATIC/USD price chart by TradingView