Polygon [MATIC] investors have been facing hardships for a couple of months, especially as the token’s value declined sharply...
Buying pressure also rose over the last few daysinvestors have been facing hardships for a couple of months, especially as the token’s value declined sharply on the charts. However, as the MATIC to POL upgrade date draws closer, there is hope that the bearish trend might change soon.
At the time of writing, MATIC was trading at $0.4244 with a market capitalization of over 44.2 billion, making it the 21st largest crypto., only 2% of MATIC investors are in profit right now. In fact, AMBCrypto’s analysis of Santiment’s data revealed that investors have already started to accumulate MATIC. The token’s supply on exchanges dropped sharply on 30 August, while its supply outside of exchanges increased. The fact that investors were buying was further proven by the rise in its exchange outflows.Source: Santiment
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