Polygon (MATIC) 24-Hour Trading Volume Tops $8.34 Million

Polygon (MATIC) traded down 0.2% against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on January 9th. Polygon has a market cap of $880.34 million and approximately $8.34 million worth of Polygon was traded on exchanges in the last day. Over the last seven days, Polygon has traded 6.2% lower against the U.S. dollar. One Polygon coin can now be purchased for $0.46 or 0.00000492 BTC on major cryptocurrency exchanges.

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

• 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 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.
• SolvBTC (SOLVBTC) traded down 1.6% against the dollar and now trades at $93,326.42 or 0.99823537 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.7% against the dollar and now trades at $92,784.22 or 0.99243587 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.

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 1,913,783,718 coins. 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. 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.”

Buying and Selling Polygon

It is usually not presently possible to purchase alternative cryptocurrencies such as Polygon directly using US dollars. Investors seeking to acquire Polygon should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Polygon using one of the exchanges listed above.

MATIC/USD price chart by TradingView