Polygon (MATIC) Logo Thumb Polygon MATIC

Rank #11 Cryptocurrency

Price Polygon (MATIC)
7,991.089358   0.237982%

Market Cap. : IDR 74,472,637,040,000 0.237982%

Polygon Price Live Data

The live Polygon price today is IDR 7,991.089358 with a 24-hour trading volume of IDR 6,655,656,108,000. We update our MATIC to price in real-time. Polygon is 0.237982% in the last 24 hours. The current ranking is #11, with a live market cap of IDR 74,472,637,040,000. It has a circulating supply of 9,319,470,000 MATIC coins and a max. supply of 10,000,000,000 MATIC coins.

If you would like to know where to buy Polygon , the top cryptocurrency exchanges for trading in Polygon stock are currently Binance, OKEx, CoinFLEX, and CoinTiger.

Chart Polygon to IDR


What is Polygon (MATIC)?

"Polygon was formerly called Matic Network. Polygon (MATIC) is an Ethereum token that powers the Polygon Network, a scaling solution for Ethereum. Polygon aims to provide faster and cheaper transactions on Ethereum using Layer 2 sidechains, which are blockchains that run alongside the Ethereum main chain. Users can deposit Ethereum tokens to a Polygon smart contract, interact with them within Polygon, and then later withdraw them back to the Ethereum main chain. The MATIC token is used to pay transaction fees and participate in proof-of-stake consensus."

Resources

Buying tips Polygon (MATIC)

The combination of technical and non-technical analysis is very important before deciding to buy a crypto asset, in this case Polygon (MATIC). Technically you can combine several indicators to get the right formula for determining the entry point Polygon. For example, you can use the MACD indicator to find the ideal crossover point, then combine it with the RSI to measure the saturation point of sellers and buyers.

Besides technical, non-technical factors also need to be analyzed. "News" can affect the price of an asset both in the short and long term, good news or a new project from Polygon can lead to positive sentiment which results in an increase in the exchange rate in trading. On the other hand, bad news from Polygon can have a depreciating effect on the asset's value. Apart from this, news or policies related to the global economy can also affect the value of Polygon. So make sure you have analyzed these factors before starting to trade.

In addition to entry points, you should also know when is the best time to sell Polygon. So when is the right time? the following are brief tips.

  • When the price Polygon is high, the first moment that could be a good time to sell Polygon is when the price the asset is high. It should be noted that in investing there is a rule that investors need to remember, namely 'Buy When Cheap and Sell When Expensive'.
  • Prices Polygon Rise In the Short Term, Very fast price fluctuations make investors Polygon too need to periodically monitor the price of a coin. Because, there is some momentum where crypto coins can experience price spikes in a short time. For those of you who use the PRO and PREMIUM tradingpoint features, you will get a notification(*) if Polygon experiences a significant increase. Well, if you get the time, then it's a good time to sell some of the Polygon owned. But usually, this condition occurs for small coins where the per-coin price range is not too high.
  • Trading volume Polygon high, Price increase & decrease chart Polygon can also be monitored through the transaction cycle happens to a crypto asset.

Those are some brief tips that you can use as parameters in buying or selling Polygon, of course, besides that there are many other indicators that you can use to trade/invest.