Polygon Price Tops $0.76 (MATIC)

Polygon (MATIC) traded 3.5% higher against the dollar during the 1 day period ending at 7:00 AM E.T. on May 6th. One Polygon coin can now be bought for approximately $0.76 or 0.00001180 BTC on major cryptocurrency exchanges. Polygon has a total market capitalization of $7.49 billion and $244.84 million worth of Polygon was traded on exchanges in the last 24 hours. During the last seven days, Polygon has traded 7.8% higher against the dollar.

Here is how other cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded down 0.2% against the dollar and now trades at $0.30 or 0.00000468 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 0.1% higher against the dollar and now trades at $0.0100 or 0.00000016 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polygon Coin Profile

Polygon launched on March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 9,898,979,596 coins. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. Polygon’s official message board is blog.polygon.technology. 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.

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.”

Polygon Coin Trading

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

MATIC/USD price chart by TradingView

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