Polygon (MATIC) Hits Market Capitalization of $1.72 Billion

Polygon (MATIC) traded up 3.1% against the US dollar during the twenty-four hour period ending at 12:00 PM E.T. on September 7th. Polygon has a total market cap of $1.72 billion and approximately $120.81 million worth of Polygon was traded on exchanges in the last day. Over the last week, Polygon has traded down 10.8% against the US dollar. One Polygon coin can now be bought for $0.38 or 0.00000686 BTC on exchanges.

Here’s how similar 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 down 2.2% 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.
• 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 2.2% against the dollar and now trades at $0.0518 or 0.00000095 BTC.
• 2G Carbon Coin (2GCC) traded 0.4% lower against the dollar and now trades at $0.0480 or 0.00000183 BTC.

About Polygon

Polygon’s genesis date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 4,585,991,572 coins. The official website for Polygon is polygon.technology. 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.

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 US dollars. Investors seeking to acquire Polygon should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polygon using one of the exchanges listed above.

MATIC/USD price chart by TradingView