Polygon (MATIC) Reaches 1-Day Trading Volume of $168.58 Million

Polygon (MATIC) traded up 2.6% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on July 29th. In the last seven days, Polygon has traded 2.3% lower against the U.S. dollar. One Polygon coin can now be bought for about $0.52 or 0.00000759 BTC on major cryptocurrency exchanges. Polygon has a market cap of $5.17 billion and $168.58 million worth of Polygon was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 0.1% lower against the dollar and now trades at $0.19 or 0.00000269 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 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.
• Kitty Inu (KITTY) traded 1.9% higher 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.
• 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 1.3% against the dollar and now trades at $0.0132 or 0.00000019 BTC.
• AXIA Coin (AXC) traded down 0.1% 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 9,902,760,952 coins. 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. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. 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 currently possible to buy alternative cryptocurrencies such as Polygon directly using US dollars. Investors seeking to trade Polygon should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. 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