Polygon Reaches Market Cap of $1.20 Billion (MATIC)

Polygon (MATIC) traded 7.5% lower against the US dollar during the one day period ending at 7:00 AM ET on September 14th. During the last week, Polygon has traded 2.2% higher against the US dollar. Polygon has a total market cap of $1.20 billion and $54.35 million worth of Polygon was traded on exchanges in the last 24 hours. One Polygon coin can now be bought for $0.38 or 0.00000638 BTC on exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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.
• 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 9.6% lower against the dollar and now trades at $0.0469 or 0.00000078 BTC.
• P2P Solutions foundation (P2PS) traded 1.6% higher against the dollar and now trades at $155.83 or 0.00260597 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 3,142,476,002 coins. The official message board for Polygon is blog.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 website is 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 buy alternative cryptocurrencies such as Polygon directly using US dollars. Investors seeking to trade Polygon should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polygon using one of the aforementioned exchanges.

MATIC/USD price chart by TradingView