Polygon (MATIC) 24 Hour Trading Volume Hits $9.00 Million

Polygon (MATIC) traded up 0.7% against the U.S. dollar during the 24-hour period ending at 21:00 PM E.T. on October 27th. During the last seven days, Polygon has traded 14.3% lower against the U.S. dollar. Polygon has a total market capitalization of $863.22 million and approximately $9.00 million worth of Polygon was traded on exchanges in the last day. One Polygon coin can currently be bought for approximately $0.33 or 0.00000487 BTC on exchanges.

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

• 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 1.5% against the dollar and now trades at $67,954.27 or 1.00248601 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 1.4% higher against the dollar and now trades at $67,871.89 or 1.00127062 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 launched on March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 2,617,456,056 coins. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. Polygon’s official website is polygon.technology. 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 currently possible to buy alternative cryptocurrencies such as Polygon directly using U.S. dollars. Investors seeking to acquire Polygon should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. 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