Polygon Market Capitalization Achieves $6.56 Billion (MATIC)

Polygon (MATIC) traded 4.6% lower against the US dollar during the twenty-four hour period ending at 22:00 PM ET on April 30th. One Polygon coin can currently be bought for $0.66 or 0.00001111 BTC on major cryptocurrency exchanges. In the last seven days, Polygon has traded 10.6% lower against the US dollar. Polygon has a total market capitalization of $6.56 billion and approximately $296.64 million worth of Polygon was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 1.5% against the dollar and now trades at $0.29 or 0.00000485 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.
• BitcoinBR (BTCBR) traded up 69.4% against the dollar and now trades at $0.0000 or 0.00000000 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 0.8% higher against the dollar and now trades at $0.0097 or 0.00000016 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 9,899,022,573 coins. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. 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 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 purchase alternative cryptocurrencies such as Polygon directly using U.S. dollars. Investors seeking to trade Polygon should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Polygon using one of the aforementioned exchanges.

MATIC/USD price chart by TradingView