Not Shiba Inu but Polygon MATIC Is One of The Best Performing Crypto


Currently Polygon MATIC is trading over $1.3. Here are the reason why Polygon MATIC Is One of The Best Performing Crypto

Shiba Inu has gained massive traction in the last few days. Not just in social media, Shiba Inu has attracted investor interest in the last few days. As per the Coinbase data, in the last 24 hours, Shiba Inu has been a buy of 79% while only 21% of the trade was a sell-off. However, Shiba Inu experienced a big jolt in price. Shiba lost over 40% in its trading within 24 hours. Since then Shiba has been trading between $ 0.00002421 and $ 0.00002919.

Polygon Crypto, on the other hand, has been steady and is making a gradual gain. Currently, Polygon MATIC is trading over $1.3.

Polygon (MATIC) Analysis (Data From Coin Market Cap)

Polygon crypto has been one of the best performing cryptocurrencies. Currently as per the data by Coin Market Cap around 54% of holders are making money at the current price. There are around 3% of investors who have been holding Polygon MATIC for over 3 years. 76% of the investors have had Polygon for around 1-12 months.

Around 21% of investors have sold Polygon MATIC within a month.

In last 7 days there has been around $503.46mn worth of transactions greater than $100K.

Read: Shiba Inu Price Prediction and Forecast: Shiba Rises Again, Gains Over 22% in 24 Hours

Latest Polygon MATIC News

High Demand Leads to A Breakout Above Descending Triangle, Is MATIC Headed for ATH?

Polygon plans to increase gas fee by 30x to curb spam transactions, MATIC resilient with 6% rise

Polygon briefly overtakes Ethereum for active addresses after 330% surge

Why Polygon MATIC Is Better Performing Crypto?

Polygon MATIC has been stable with respect to its trading value in the last month. On 1st September Polygon closed at $1.41 and even during the crypto market crash, Polygon MATIC was able to shed away the crash. Polygon has been consistently trading between $1.30-$1.40.

However, the case was not the same at the beginning of 2021. In January, one Polygon token was under $0.02, but the price increased to $2.68 by May. Polygon experienced an incredible 13,000% increase in price in May.

However, this higher price did not last for long. Polygon’s crypto price fell to $0.90 when the crypto market drew back somewhat. But Polygon token was quick to bounce back maintain its value over $1.2.

Here is how Polygon MATIC performed last month:

Open

High

Close

Sep 01, 2021

$1.34

$1.50

$1.47

Sep 10, 2021

$1.37

$1.46

$1.30

Sep 20, 2021

$1.31

$1.32

$1.13

Sep 30, 2021

$1.10

$1.15

$1.13

Oct 8, 2021

$1.27

$1.44

$1.34

Polygon MATIC Market Cap

Currently, there is a circulation of 6.72B MATIC. As per the last 24 hours of data, Polygon tokens worth $1,236,294,332 have been traded.

The market cap of Polygon MATIC stands at $9,079,595,697 which is around 1% up in the last 24 hours.

Where To Buy?

There are multiple crypto exchanges offering Polygon MATIC tokens. Here are some of the best known exchanges offering Polygon token tread:

  • Binance
  • BiONE
  • UniSwap
  • WhiteBIT
  • ZebPay
  • Coinbase Pro
  • Huobi Global
  • Hotbit

#

Source

Pairs

Price

+2% Depth

-2% Depth

Volume

Volume %

1

$1.35

$735,102.43

$1,233,057.03

$244,453,480

19.25%

2

$1.35

$1,565,413.09

$1,320,192.78

$107,480,434

8.46%

3

$1.35

$414,223.31

$457,991.51

$42,749,031

3.37%

4

$1.35

$322,550.15

$518,785.33

$35,104,440

2.76%

5

$1.35

$220,310.96

$369,191.25

$33,413,628

2.63%

6

$1.35

$436,859.20

$528,629.14

$29,842,687

2.35%

7

$1.35

$494,838.76

$416,042.64

$29,294,468

2.31%

8

$1.35

$1,378,581.46

$569,999.37

$18,987,075

1.50%

9

$1.36

$356,634.82

$366,703.59

$12,668,160

1.00%

10

$1.35

$736,648.88

$562,907.77

$11,841,835

0.93%

Why Is Shiba Inu Crashing Today?

Polygon MATIC Social Media Coverage

Originally tweeted by Polygon | $MATIC (@0xPolygon) on October 8, 2021.

1/2 ✨ @Amun announces @0xPolygon Ecosystem Index Pre-Sale!

PECO will provide retail & institutional investors with an easy and economical way to invest in #Polygon’s vibrant and growing ecosystem.

✅ Register now for the presale:

Amun

Amun automates your portfolio for success worldwide. Choose from any of our simple, efficient, low-fee strategies and take the stress out of trading. Amplify your portfolio today with Amun Tokens.

2/2 🚀 PECO will launch on October 19th. To celebrate the release, Amun has kicked off with the pre-sale. Participants in the pre-sale will receive up to 30% airdrop bonus PECO tokens.

🌐 Registration guide:

Announcing the Polygon Ecosystem Index Pre-Sale

Amun is excited to announce the launch of the Polygon Ecosystem Index – PECO. The first index token designed to track the performance of the top projects on Polygon, PECO provides investors an easy and low cost way to invest in Polygon’s vibrant and growing ecosystem.





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