$0.6889
Time period | Change amount | % Change |
---|---|---|
1H | $-0.002906 | -0.42% |
24H | $-0.02351 | -3.3% |
7D | $+0.01291 | +1.91% |
30D | $+0.01112 | +1.64% |
1Y | $-0.1788 | -20.61% |
94.51
Reliability Score
Rank #1
# 6
Percentile
TOP 5%
Co-Founder
Co-Founder
Co-Founder
Co-Founder
Polygon price today is $0.6889 with a 24-hour trading volume of $178.78 M, and as such Polygon has a market cap of $6.4 B, giving it a market dominance of 0.25%. The Polygon price moved -3.3% in the last 24 hours.
Polygon reached its highest price on 2021-12-27 when it was trading at its all-time high of $2.92, while its lowest price was recorded on 2019-05-10 when it was trading at its all-time low of $0.003144. The current lowest price since the last cycle high was $0.003144, and the highest price since the last cycle low was $2.92. The social sentiment of Polygon is currently Positive.
The current circulating supply of Polygon is $9.28 B MATIC. In terms of market cap, Polygon is currently ranked 28.
There are two schools of thought in determining the price of Polygon.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Polygon, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Polygon from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Polygon on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Polygon as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Polygon and the cryptocurrency market as a whole.
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A decade after an early attempt to support Bitcoin payments, the company sees a stablecoin-powered future.
P2 was spun out out of Polygon Labs last year and now is allocating funds and mentorship to support project founders, including those focused on the Polygon blockchain ecosystem. A Hadron FC contributor said the community offered the right "capital and vibes."
Catch up on this week’s biggest crypto and NFT gaming news and find some weekend reads in our latest roundup.
The Inevitable Games Fund, led by King River Capital with Immutable and assistance from Polygon Labs, will invest in crypto games across platforms.
Immutable and Polygon Labs will identify investment opportunities while King River will manage the investment process and deploy the capital across game studios and web3 infrastructure firms.
Polygon once hailed Starbucks
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-05-19 | $7.05 B | 269.33 M MATIC | $0.7120 | N/A |
2024-05-18 | $7.07 B | 274.06 M MATIC | $0.7138 | $0.7120 |
2024-05-17 | $6.88 B | 383.95 M MATIC | $0.6942 | $0.7138 |
2024-05-16 | $6.8 B | 415.63 M MATIC | $0.6865 | $0.6942 |
2024-05-15 | $6.44 B | 455.1 M MATIC | $0.6500 | $0.6865 |
2024-05-14 | $6.57 B | 430.83 M MATIC | $0.6631 | $0.6500 |
2024-05-13 | $6.66 B | 345.02 M MATIC | $0.6718 | $0.6631 |
2024-05-12 | $6.72 B | 168.96 M MATIC | $0.6781 | $0.6718 |