-
Bitcoin $94,374.0097
-1.48% - Ethereum
$1,801.7914
-1.65% - Tether USDt
$1.0000
-0.05% - XRP
$2.1596
-1.87% - BNB
$589.9397
-1.58% - Solana
$146.1281
0.47% - USDC
$0.9999
-0.01% - Dogecoin
$0.1717
-1.76% - Cardano
$0.6780
-2.58% - TRON
$0.2493
0.56% - Sui
$3.3074
3.29% - Chainlink
$13.9575
-1.49% - UNUS SED LEO
$9.0714
1.00% - Avalanche
$20.0423
-1.23% - Stellar
$0.2679
-0.13% - Shiba Inu
$0.0...01289
-1.17% - Toncoin
$3.0218
-2.10% - Hedera
$0.1761
-2.04% - Bitcoin Cash
$358.4163
-1.33% - Hyperliquid
$20.4550
-1.01% - Litecoin
$86.6522
0.70% - Polkadot
$3.9908
-0.36% - Dai
$0.9999
-0.01% - Monero
$273.1162
-0.20% - Bitget Token
$4.2950
-1.32% - Ethena USDe
$1.0004
-0.01% - Pi
$0.5895
-2.73% - Pepe
$0.0...08284
2.34% - Aptos
$5.2047
0.71% - Uniswap
$5.0543
-0.51%
What is the market value of Polygon(MATIC) currency?
As of July 26, 2023, the value of Polygon (MATIC) cryptocurrency stands at $1.2 billion, ranking it 13th in the market by capitalization.
Dec 07, 2024 at 08:25 am
What is the Market Value of Polygon (MATIC) Currency?
Polygon (MATIC) is the native cryptocurrency of the Polygon network, a layer-2 scaling solution for the Ethereum blockchain. MATIC is used to pay for gas fees on the Polygon network and can also be staked to earn rewards.
As of today, July 26, 2023, the market value of Polygon (MATIC) currency is approximately $1.2 billion. This makes MATIC the 13th largest cryptocurrency by market capitalization.
Factors Affecting the Market Value of MATIC
The market value of MATIC is influenced by a number of factors, including:
- The price of Ethereum: MATIC is closely correlated to the price of Ethereum, as the Polygon network is built on top of Ethereum. When the price of Ethereum rises, the price of MATIC tends to rise as well.
- The demand for Polygon's services: The demand for Polygon's services is another important factor that affects the market value of MATIC. Polygon offers a number of benefits over Ethereum, including lower gas fees and faster transaction times. As the demand for Polygon's services increases, the price of MATIC is likely to rise as well.
- The overall cryptocurrency market: The cryptocurrency market is volatile, and the price of MATIC can be affected by overall market conditions. When the cryptocurrency market is bullish, the price of MATIC is likely to rise. When the cryptocurrency market is bearish, the price of MATIC is likely to fall.
How to Buy MATIC
MATIC can be purchased on a number of cryptocurrency exchanges, including Binance, Coinbase, and Kraken. To buy MATIC, you will need to create an account on one of these exchanges and deposit funds into your account. Once you have deposited funds into your account, you can place an order to buy MATIC.
How to Store MATIC
MATIC can be stored in a number of different ways, including:
- Hardware wallets: Hardware wallets are physical devices that store your cryptocurrency offline. Hardware wallets are the most secure way to store your cryptocurrency, as they are not connected to the internet.
- Software wallets: Software wallets are digital wallets that store your cryptocurrency on your computer or mobile device. Software wallets are less secure than hardware wallets, but they are more convenient.
- Exchanges: You can also store your MATIC on a cryptocurrency exchange. However, it is important to note that exchanges are not as secure as hardware or software wallets.
Conclusion
The market value of Polygon (MATIC) currency is approximately $1.2 billion. The market value of MATIC is influenced by a number of factors, including the price of Ethereum, the demand for Polygon's services, and the overall cryptocurrency market. MATIC can be purchased on a number of cryptocurrency exchanges, including Binance, Coinbase, and Kraken. MATIC can be stored in a number of different ways, including hardware wallets, software wallets, and exchanges.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- DOGE price analysis: Targeting 0.1755 - 0.1815 on rebound
- 2025-05-05 09:50:12
- Ondo Gains on Sentiment, Sei’s Deal Sparks Buzz, While Web3 ai’s 1,747% ROI Potential Gets Real Attention from Traders
- 2025-05-05 09:50:12
- Bitcoin (BTC) Is at a Pivotal Moment, Trading at a Critical Support Level of $91,200
- 2025-05-05 09:46:12
- As the cryptocurrency market heats up, seasoned investors are eyeing the next big winner with the potential for explosive returns.
- 2025-05-05 09:46:12
- Justin Sun's TRON Upgrade Met with Enthusiasm, but Hack Overshadows the Event
- 2025-05-05 09:44:56
- Will Binance Coin (BNB) Reach the Coveted $1,000 Mark in the Near Future?
- 2025-05-05 09:44:56
Related knowledge
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
BSV transaction fees suddenly increased? How to adjust the handling fee to save costs?
May 02,2025 at 06:42am
Understanding BSV Transaction FeesBSV (Bitcoin SV) aims to fulfill the original vision of Bitcoin as a peer-to-peer electronic cash system. One of the key elements in this system is the transaction fee, which compensates miners for including transactions in the blockchain. Recently, users have noticed a sudden increase in BSV transaction fees, which can...
Does BSV transaction require real-name authentication? Is anonymous trading feasible?
May 03,2025 at 03:14pm
The question of whether BSV (Bitcoin SV) transactions require real-name authentication and whether anonymous trading is feasible is a complex one, deeply intertwined with the broader dynamics of cryptocurrency regulations and blockchain technology. Let's delve into these aspects to provide a comprehensive understanding. Understanding BSV and Its Transac...
How to solve the high slippage of BSV transactions? How to choose between limit and market orders?
May 02,2025 at 09:01pm
High slippage can be a significant concern for traders dealing with Bitcoin SV (BSV) transactions. Slippage refers to the difference between the expected price of a trade and the price at which the trade is actually executed. This can occur in fast-moving markets or when there is low liquidity. To address this issue, understanding the mechanics of slipp...
What if BSV transactions are frozen? How to contact customer service to unblock the account?
May 05,2025 at 05:01am
When dealing with Bitcoin SV (BSV) transactions, encountering issues such as frozen transactions can be a stressful experience. This article will guide you through the process of understanding why BSV transactions might be frozen and how to contact customer service to unblock your account. We will cover the reasons behind frozen transactions, steps to t...
What if BSV node synchronization is slow? How to optimize local wallet performance?
May 03,2025 at 04:35pm
When dealing with BSV (Bitcoin SV) node synchronization and optimizing local wallet performance, it's crucial to understand the underlying issues and implement effective solutions. Slow synchronization and poor wallet performance can significantly hinder your experience with the BSV network. This article will delve into the reasons behind slow BSV node ...
How to check BSV transaction records? How to use the blockchain browser?
May 03,2025 at 06:50am
Checking BSV (Bitcoin SV) transaction records and using a blockchain browser are essential skills for anyone involved in the cryptocurrency space. These tools allow you to verify transactions, check wallet balances, and understand the flow of funds on the blockchain. This article will guide you through the process of checking BSV transaction records and...
See all articles
