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Cryptocurrency Polygon Falls More Than 10% In 24 hours

Polygon's (CRYPTO: MATIC) price has decreased 10.92% over the past 24 hours to $0.80, continuing its downward trend over the past week of -12.0%, moving from $0.92 to its current price.
byBenzinga Insights
August 19, 2022
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Polygon’s (CRYPTO: MATIC) price has decreased 10.92% over the past 24 hours to $0.80, continuing its downward trend over the past week of -12.0%, moving from $0.92 to its current price.

The chart below compares the price movement and volatility for Polygon over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

price_chart

The trading volume for the coin has risen 136.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.11%. This brings the circulating supply to 7.44 billion, which makes up an estimated 74.41% of its max supply of 10.00 billion. According to our data, the current market cap ranking for MATIC is #17 at $5.93 billion.

supply_and_vol

Powered by CoinGecko API

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

 
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