In the last 24 hours, the price of Polygon (CRYPTO: MATIC) has fallen by 5.76% to $0.38. This continues the negative trend that it followed last week, when it suffered a loss of 11.00%, falling from $0.43 to its current price.
The chart below compares Polygon’s price movement and volatility over the past 24 hours (left) to the price movement over the past week (right). The grey bands are Bollinger Bands, which measure the volatility of daily and weekly price movements. The wider the bands or the larger the grey area at a given point in time, the higher the volatility.
The coin’s trading volume has declined by 21.00% over the past week moving directionally opposite to the coin’s total circulating supply which is up by 6.03%. This puts the circulating supply at 9.86 Billion which is an estimated 98.61% of its maximum supply of $10.00 Billion. According to our data, by market cap, MATIC is currently ranked #27 at 3.79 Billion.
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Via CoinGecko API
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