Polygon (MATIC) Reaches 24-Hour Trading Volume of $430.18 Million

Polygon (MATIC) traded 3.2% lower against the US dollar during the 1-day period ending at 8:00 AM E.T. on March 19th. In the last seven days, Polygon has traded up 11.3% against the US dollar. One Polygon coin can now be purchased for about $1.20 or 0.00004371 BTC on popular cryptocurrency exchanges. Polygon has a total market cap of $10.45 billion and approximately $430.18 million worth of Polygon was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded down 7.2% against the dollar and now trades at $0.41 or 0.00001486 BTC.
• Aidi Finance (BSC) (AIDI) traded 0% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2% against the dollar and now trades at $0.0680 or 0.00000251 BTC.
• CareCoin (CARES) traded 2% lower against the dollar and now trades at $0.0844 or 0.00000311 BTC.
• OmniaVerse (OMNIA) traded 38.7% higher against the dollar and now trades at $0.0012 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded 2% lower against the dollar and now trades at $100.97 or 0.00371989 BTC.
• FEG Token (FEG) traded 2% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 3.1% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 2% against the dollar and now trades at $7,338.91 or 0.27037433 BTC.
• Lego Coin (LEGO) traded down 8.5% against the dollar and now trades at $0.0164 or 0.00000060 BTC.

About Polygon

Polygon’s genesis date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 8,734,317,475 coins. Polygon’s official message board is blog.polygon.technology. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible here. The official website for Polygon is polygon.technology. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here.

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 currently possible to buy alternative cryptocurrencies such as Polygon directly using US dollars. Investors seeking to trade Polygon should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polygon using one of the aforementioned exchanges.

MATIC/USD price chart by TradingView