Polygon Price Up 1.3% This Week (MATIC)

Polygon (MATIC) traded 2.8% lower against the dollar during the 1 day period ending at 7:00 AM E.T. on April 27th. Polygon has a total market cap of $6.84 billion and approximately $220.40 million worth of Polygon was traded on exchanges in the last day. In the last week, Polygon has traded 1.3% higher against the dollar. One Polygon coin can now be purchased for $0.69 or 0.00001101 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 1.2% lower against the dollar and now trades at $0.32 or 0.00000507 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 2.2% lower 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.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 2.2% higher against the dollar and now trades at $0.0096 or 0.00000015 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polygon Profile

Polygon’s genesis date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 9,899,052,847 coins. The official website for Polygon is polygon.technology. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. Polygon’s official message board 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.

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 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 GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Polygon using one of the aforementioned exchanges.

MATIC/USD price chart by TradingView