Polygon Price Reaches $0.56 on Top Exchanges (MATIC)

Polygon (MATIC) traded 2.6% higher against the US dollar during the 1 day period ending at 15:00 PM ET on July 1st. One Polygon coin can currently be bought for $0.56 or 0.00000889 BTC on major exchanges. Polygon has a total market capitalization of $5.58 billion and approximately $186.71 million worth of Polygon was traded on exchanges in the last day. In the last seven days, Polygon has traded 2.2% higher against the US dollar.

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

• KILT Protocol (KILT) traded up 0.3% against the dollar and now trades at $0.21 or 0.00000330 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower 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 up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher 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 up 3.1% against the dollar and now trades at $0.0118 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 Coin Profile

Polygon’s launch date was March 26th, 2018. Polygon’s total supply is 10,000,000,000 coins and its circulating supply is 9,884,442,701 coins. The Reddit community for Polygon is https://reddit.com/r/0xpolygon and the currency’s Github account can be viewed here. Polygon’s official message board is blog.polygon.technology. The official website for Polygon is polygon.technology. Polygon’s official Twitter account is @0xpolygon and its Facebook page is accessible 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.”

Polygon Coin Trading

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

MATIC/USD price chart by TradingView