What Is Polygon MATIC? Definition, Strengths, and Weaknesses

polygon crypto symbol

Personal data security is another accountability zone of Polygon Network, as it is a blockchain scalability platform and an adapted version of Plasma. Never invest more money than you can afford to lose, because prices can go down as well as up. Keep in mind that past performance is no guarantee of future returns, and never invest money that you cannot afford to lose. Loopring is a DEX protocol offering orderbook-based trading infrastructure, zero-knowledge proof and an auction protocol called Oedax (Open-Ended Dutch Auction Exchange).

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It aims to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply assets like BTC. Additionally, FXS is the value accrual and governance token of the entire Frax ecosystem. Get the current trading status of the exchanges and overall financial markets. The ticker symbol for which to get exponential moving average (EMA) data. Get the exponential moving average (EMA) for a ticker symbol over a given time range. The price in the aggregate which will be used to calculate the simple moving average.

Future of Polygon

We also gather additional information from different sources to ensure we cover all necessary data or events. Put simply, it rolls up its sleeves and sorts out a lot of Ethereum’s drawbacks — at least pre-Ethereum 2.0 — while also taking advantage of its thriving ecosystem. As a sidechain, however, it doesn’t inherit Ethereum’s security. Since its inception, Polygon has attracted adopters as famous as Disney, Prada, Adidas, and Instagram. Its native token MATIC is used for governance and transaction fees within the Polygon ecosystem, while also deployed as a settlement currency between users.

Huobi Global is a world-leading cryptocurrency financial services group. Gemini dollar combines the creditworthiness and price stability of the U.S. dollar with blockchain technology and the oversight of U.S. regulators. Synthetix is the backbone for derivatives https://forex-world.net/ trading in DeFi, allowing anyone, anywhere to gain on-chain exposure to a vast range of assets. Decentraland is a virtual reality platform powered by the Ethereum blockchain. Users can create, experience, and monetize content and applications.

Technical Analysis of Polygon (MATIC)

The Trade ID which uniquely identifies a trade on the exchange that the trade happened on. Either a date with the format YYYY-MM-DD or a nanosecond timestamp. The date of the requested open/close in the format YYYY-MM-DD. Read https://day-trading.info/ more about how blockchain technology has the potential to support a healthier, fairer, and thriving planet. Join our vibrant community of developers to scale and develop your products while being supported by your peers.

USDD is a fully decentralized over-collateralization stablecoin. A decentralized peer-to-peer network that aims https://forexbox.info/ to offer improved video delivery at lower costs. Live Polygon price updates and the latest Polygon news.


The Polygon.io Crypto API provides REST endpoints that let you

query the latest market data for cryptocurrency pairs including trades and quotes, level 2 data, custom aggregate bars, and more. Polygon is a cryptocurrency, with the symbol MATIC, and also a technology platform that enables blockchain networks to connect and scale. Polygon—”Ethereum’s internet of blockchains”— launched under the name Matic Network in 2017.

For a put, this value is (strike price – premium paid). Comma separated list of tickers, up to a maximum of 250. If no tickers are passed then all results will be returned in a paginated manner.

What is MATIC?

The volatility of the MATIC price is expected to be quite less, as per our Polygon prediction. The Polygon price has marked the lowest price level of $0.9522 and the highest price level of $1.01 over the last 24 hours. The factors such as all-time highs and Polygon price predictions continuously keep on changing, and it is the predictors’ judgment as to where the price will reach. By the time it is 2030, our Polygon (MATIC) price prediction suggests that the coin might have reached a maximum value of $12.05, with a minimum price of $8.37. As per our Polygon price prediction, it is expected that the token may trade at a maximum of $2.07, with a minimum price of $0.85 in 2023.

  • In 2023, though, MATIC rallied as the crypto market made something of a recovery.
  • If you were to imagine it as a kind of layer-2 scaling solution plus, you would be in a similar ballpark to its founders when they had the concept for turning Matic into Polygon.
  • As a result, it reached a high of $1.29 on 7 November before the collapse of the FTX (FTT) exchange saw it drop to a low of $0.773 on 21 November 2022.
  • Polygon MATIC token symbol cryptocurrency in the center of spiral of glowing dots on dark background.

The price of the most recent trade or bid price for this asset. The quantity of this contract held at the end of the last trading day. The change in delta per $0.01 change in the price of the underlying asset. The change in the option’s price per $0.01 increment in the price of the underlying asset. The price of the underlying asset for the contract to break even. For a call, this value is (strike price + premium paid).

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