Polygon (MATIC) Price Up 15.8% This Week

Polygon (MATIC) traded up 1.2% against the US dollar during the 24-hour period ending at 21:00 PM Eastern on July 14th. Polygon has a total market capitalization of $5.30 billion and $175.23 million worth of Polygon was traded on exchanges in the last 24 hours. One Polygon coin can now be purchased for $0.54 or 0.00000869 BTC on popular exchanges. In the last seven days, Polygon has traded up 15.8% against the US dollar.

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

• KILT Protocol (KILT) traded up 2.3% against the dollar and now trades at $0.19 or 0.00000306 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 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 up 1.9% 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.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 1% against the dollar and now trades at $0.0131 or 0.00000021 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’s launch date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 9,893,921,346 coins. 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. The official website for Polygon is polygon.technology. The official message board for Polygon 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.”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Polygon using one of the exchanges listed above.

MATIC/USD price chart by TradingView