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$0.708004 $ 0.708004
+¥5204,24 -0.6% 1D
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Updated:
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Market Cap (USD)
7.01B
24H Volume
431.58M
Circulating Supply
9.28B MATIC
Maximum supply
10B MATIC
All Time High
2.92
Rank
15

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  • About Polygon (MATIC)

    The trading volume of Polygon (MATIC) is $422,474,138.90 in the last 24 hours, representing a -1.90% decrease from one day ago and signalling a recent fall in market activity. The highest price paid for Polygon (MATIC) is $2.92 , which was recorded on Dec 27, 2021 (almost 2 years). Comparatively, the current price is -74.00% lower than the all-time high price. The lowest price paid for Polygon (MATIC) is $0.003143762979 , which was recorded on May 10, 2019 (over 4 years). Comparatively, the current price is 23,980.00% higher than the all-time low price. Market capitalization of Polygon (MATIC) is $7,010,960,694 and is ranked #15 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MATIC tokens (9.3 Billion tokens are tradable on the market today). The fully diluted valuation (FDV) of Polygon (MATIC) is $7,558,755,073 . This is a statistical representation of the maximum market cap, assuming the maximum number of 10 Billion MATIC tokens are in circulation today. Depending on how the emission schedule of MATIC tokens are designed, it might take multiple years before FDV is realized. The community is bullish as more than 75% of users are feeling good about Polygon (MATIC) today.
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  • Polygon Market

    Currency Price 24h Change Action
    Polygon
    MATIC /USDT
    Spot
    $0.708004 -0.6% Trade

Polygon FAQs

  • 1. What determines the price of Polygon?
    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.

    HODLers 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.
  • 2. What is the highest price of Polygon in history?
    Polygon achieved the all-time high of ৳321.23 in 2021-12-27, and is currently trading at ৳77.89.
  • 3. What is the lowest price of Polygon in history?
    In 2019-05-10, Polygon reached the all-time low of ৳0.35.
  • 4. Should I buy Polygon now?
    It is important to remember that Polygon, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.

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