Price Polygon (MATIC)

1.054 EURO (1.84% )
The displayed price is informative and does not represent the trading price.

Rank 10

Market cap

9.59B EUR

Circulating Supply

9.01B MATIC

Max Supply

10.00B MATIC

Polygon, also known as Matic Network, is a blockchain scaling project that aims to offer more tools to streamline transactions on blockchain networks. Polygon is a blockchain technology that is based on Ethereum, but wants to develop the features of ETH. For additional information about the origin and use of Polygon(MATIC), you can access the "About Polygon cryptocurrency" page.

Cryptocurrency Polygon(MATIC) - price fluctuations

As in the case of traditional investments, an overview must be formed that aims at possible losses or profits. At the same time, it should be noted that the demand for Polygon(MATIC) is an increasingly significant factor, because the cryptocurrency is also traded outside the normal schedule of stock exchanges. With an overview of cryptocurrency, investors can trade calculatedly and take advantage of price fluctuations.

What determines the price fluctuations of the Polygon cryptocurrency?

Poligon (MATIC) price fluctuations are influenced by a number of factors:

Demand and supply - cryptocurrency Polygon(MATIC)

like in the case of Bitcoin, the Polygon digital currency has a limit of units imposed by the technology developers. According to Polygon developers, there will only be 10 billion MATIC coins in circulation.Considering the traditional economic concepts, if the demand is high, the price of Polygon will increase. Conversely, if the demands are reduced, the price of the cryptocurrency falls. Demand is influenced by a variety of factors, such as media attention, the global economy and financial regulations.

Popularity and media attention for the cryptocurrency Polygon(MATIC)

The popularity of the Polygon cryptocurrency is a major factor influencing the price. Simple curiosity about cryptocurrencies leads to high investments, which affect the market price. At the same time, the price is influenced by announcements from state authorities and companies in the field. The phenomenon of FOMO (fear of missing out) can be created around these situations, which is represented by investors' fear of missing the moment of entering the market. To avoid the feeling of FOMO, investors need to educate themselves about the real factors that determine Polygon's price.

Polygon economy and ecosystem (MATIC)

The economic risks of the states are another aspect that can lead to an increase in the price of the Polygon cryptocurrency. Especially in countries with high inflation, people are turning their attention to new methods of protecting money, a fact that can influence Polygon's value.

Polygon Price - Frequently Asked Questions (FAQ)

What blockchain does the Polygon cryptocurrency use?

Ethereum

Cum mining cryptocurrency Polygon(MATIC) ?

It is not mined in the same way as Bitcoin. It can be generated through the staking process.

What is the highest Polygon price in EUR?

The highest Polygon price was recorded at 2.5 EUR.

How can I buy Polygon at the best price?

The fastest and most advantageous way to buy Polygon is on the Tradesilvania.com platform at the live Polygon price displayed in the Tradesilvania user account 24/7.

What is the price of Polygon today?

the causes that influence the price of the Polygon cryptocurrency makes it easier to understand the fluctuations. If you have evaluated each factor and want to invest in Polygon, create an account on Tradesilvania and transact in a fast and safe way.The price of Polygon(MATIC) varies several times per second in the platform and the instant price is available in the user account. Daily purchase limit (MATIC Limit Order is 1,000,000 EUR/transaction).

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