Polygon (MATIC) Reaches 1-Day Volume of $230.03 Million

Polygon (MATIC) traded down 0.2% against the dollar during the one day period ending at 23:00 PM Eastern on June 20th. One Polygon coin can now be bought for about $0.58 or 0.00000891 BTC on exchanges. Polygon has a market cap of $5.71 billion and approximately $230.03 million worth of Polygon was traded on exchanges in the last day. In the last seven days, Polygon has traded down 5% against the dollar.

Here’s how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 2.7% against the dollar and now trades at $0.21 or 0.00000329 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 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.
• 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 up 0.8% against the dollar and now trades at $0.0105 or 0.00000016 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 genesis date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 9,905,027,807 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. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here. Polygon’s official website is 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 buy alternative cryptocurrencies such as Polygon directly using U.S. dollars. Investors seeking to trade Polygon should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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