![Will Polygon [MATIC] beat its 26% drop, climb back towards $1?](https://i.headtopics.com/images/2024/4/28/cryptoamb/will-polygon-matic-beat-its-26-drop-climb-back-tow-will-polygon-matic-beat-its-26-drop-climb-back-tow-78F22F6A73FB0560D0EF7A73CFA5BDAD.webp)
Polygon [MATIC] has witnessed multiple price corrections over the last month as it keeps drifting down on the list of the top 20 cryptos.
has witnessed multiple price corrections over the last month as it keeps drifting down on the list of the top 20 cryptos.
Things in the last 24 hours looked optimistic for MATIC, as its token’s price increased by 6%. At the time of writing, it was trading at $0.7419 with a market capitalization of over $7.3 billion. However, despite this, selling pressure on Polygon was high as its exchange inflow increased. Additionally, its Supply on Exchanges went up while its supply outside of exchanges dropped.
We found that, like metrics, most indicators also remained bearish on Polygon. The Bollinger Bands pointed out that MATIC’s price was in a less volatile zone.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Franklin Templeton’s Polygon move – Good news for MATIC’s prices?Franklin Templeton's move involves tokenizing a $380 million US government money fund on Polygon. How will MATIC be affected?
Read more »
Polygon’s ‘1 million’ milestone leaves MATIC whales with THIS decisionPolygon has maintained a consistent record of surpassing 1 million daily active users for the past month. How will MATIC do in the future?
Read more »
MATIC’s 8% surge: Is Polygon’s booming network behind it?There has been a significant increase in activity on the Polygon network over the past week. How will MATIC see green?
Read more »
MATIC is down, but is Polygon’s NFT sector the key to saving it?Over the last month, Polygon has consistently upheld high levels of NFT trading activity. How will MATIC react to this?
Read more »
Why Polygon’s Q1 milestones had little impact on MATICPolygon [MATIC] has been witnessing a massive surge in network usage over the last few weeks, but its revenue has dropped
Read more »
Polygon’s latest ‘win’ – What it means after MATIC’s 21% dropPolygon recorded more than a million daily active addresses on average last month, with just two days experiencing less than 1 million users.
Read more »