Polygon (MATIC) Market Capitalization Achieves $5.33 Billion

Polygon (MATIC) traded up 0.9% against the U.S. dollar during the twenty-four hour period ending at 0:00 AM Eastern on July 20th. One Polygon coin can now be purchased for approximately $0.54 or 0.00000801 BTC on popular cryptocurrency exchanges. Polygon has a total market cap of $5.33 billion and approximately $184.89 million worth of Polygon was traded on exchanges in the last day. In the last seven days, Polygon has traded up 2.1% against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 0.9% higher against the dollar and now trades at $0.20 or 0.00000298 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% 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.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 0.2% higher against the dollar and now trades at $0.0130 or 0.00000019 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polygon Profile

Polygon launched on March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 9,897,682,957 coins. 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. Polygon’s official website is polygon.technology. The official message board for Polygon is blog.polygon.technology.

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.”

Buying and Selling Polygon

It is usually not presently possible to purchase alternative cryptocurrencies such as Polygon directly using U.S. dollars. Investors seeking to trade Polygon should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Polygon using one of the aforementioned exchanges.

MATIC/USD price chart by TradingView