Polygon Market Capitalization Reaches $5.09 Billion (MATIC)

Polygon (MATIC) traded up 3.5% against the US dollar during the 24-hour period ending at 7:00 AM E.T. on July 13th. Polygon has a total market cap of $5.09 billion and $31.47 million worth of Polygon was traded on exchanges in the last day. Over the last week, Polygon has traded up 6.4% against the US dollar. One Polygon coin can currently be bought for about $0.51 or 0.00000881 BTC on popular exchanges.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 1.8% higher against the dollar and now trades at $0.19 or 0.00000320 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 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 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 2.5% higher against the dollar and now trades at $0.0130 or 0.00000022 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 9,894,059,780 coins. The official message board for Polygon is blog.polygon.technology. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. Polygon’s official website is 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 currently possible to purchase alternative cryptocurrencies such as Polygon directly using U.S. dollars. Investors seeking to acquire Polygon should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Polygon using one of the exchanges listed above.

MATIC/USD price chart by TradingView