Polygon price in USD and MATIC-USD price history chart

Buy Polygon or add it to your Crypto Strategy.

Polygon

MATIC

Polygon Price

$1.08

Polygon Market Cap

$9.84B

See all buy/sell options

Polygon price chart / performance

From
Mar 20, 2023
To
Mar 27, 2023

Returns

Return (24h)
-0.24%
Return (7D)
-5.52%
Return (1M)
-14.08%
Return (1y)
-33.31%

My Investment

Profit Taken
$0.00
0%
Profit/Loss
$0.00
0%
You Have:
$0.00

Polygon (MATIC) Overview

Polygon crypto is a layer 2 scaling solution, a sidechain, that provides faster transactions and lower costs for users. The Polygon blockchain operates parallel to the main Ethereum blockchain, allowing users to “bridge” some of their crypto assets and interact with a range of crypto applications which were previously Ethereum blockchain exclusive.
The Polygon coin is MATIC and is used for staking, paying fees on the network, and for governance, where holders of MATIC can vote on changes to the platform. MATIC crypto can be sold on various exchanges.
Polygon uses a proof-of-stake (PoS) consensus mechanism, which means that users stake their MATIC and earn newly minted coins for validating transactions and adding them to the blockchain. A lower-commitment version of staking is delegators, who stake their MATIC coins through a trusted validator.

How To Buy Polygon or Add it to your strategy

The fastest, most convenient way to purchase Polygon is to purchase it on ICONOMI. We check Polygon live prices on 10+ crypto exchanges and buy it at the best market price.

You can buy Polygon by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.

We recommend you do your own research and cryptocurrency analysis. Experienced crypto trades use fundamental and technical analysis to evaluate if Polygon is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).

If you are unfamiliar with analyzing cryptocurrency prices and want to buy Polygon, we recommend you read the next section, as copying might be a better approach.

Add Polygon to your portfolio by copying a Strategy

If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Polygon in their structure.

Posts

Here you can read and comment on all posts made by Strategists about Polygon MATIC. See all Polygon price predictions in real time and make the best use of their crypto knowledge.

DELTA MATH INDEX
19 Mar, 2023

We look at a specific classification in the Delta Math Index crypto strategy for investing in the blockchain infrastructure sector 100% 


🔵Set theory


$ETH Layer 1 blockchain

$BNB Layer 1 blockchain

$ADA Layer 1 blockchain

$MATIC Layer 2 scaling solution

$SOL Layer 1 blockchain

$DOT Layer 1 blockchain

$TRX Layer 1 blockchain

$AVAX Layer 1 blockchain

$ATOM Layer 1 blockchain

$LINK Decentralized oracle network



⚫️ Delta Math Index


The DMI is a sector index designed to track the performance of the largest leading and most liquid crypto assets picked to represent the Blockchain Infrastructure Sector.


⚫️ Sector Weightings(%)

▪️ Blockchain Infrastructure(100%)


🔵 To copy this crypto strategy

https://www.iconomi.com/asset/DMINDEX



⚫️ Disclaimer

▪️ The results do not constitute investment advice or recommendation, are provided for informational purposes only, and are not an offer to buy or sell any crypto assets.

▪️ Past performance is not a guarantee of future results. 

▪️ Investing involves risks, including the possibility of losing capital.


Delta Math Index

Math-Based Investing

Post image
4 people like this
DELTA MATH INDEX
19 Mar, 2023

🔵 Polygon $MATIC


Polygon is a layer 2 scaling solution for Ethereum.


It is a sidechain that is built on top of Ethereum to increase its transaction throughput and reduce its gas fees.


Polygon allows for faster and cheaper transactions by processing them off-chain and then periodically committing batches of these transactions to the Ethereum mainnet.


This allows for a higher transaction throughput and lower fees than what is currently possible on the Ethereum network itself.


It is a sidechain that is built on top of Ethereum and uses a technology called Plasma , Polygon also uses other technologies such as ZK-rollups and Optimistic Rollups to further improve its scalability and performance.

It also supports the development of smart contracts using popular programming languages such as Solidity and Vyper.


One of the benefits of Polygon is that it is highly interoperable with Ethereum, which means that dApps can easily migrate to it without having to make significant changes to their code. 


This makes it easier for developers to adopt and implement the technology.


Overall, Polygon is one of several layer 2 scaling solutions being developed for Ethereum that have the potential to significantly improve its scalability and usability, making it more accessible to users and developers.


Delta Math Index

Math-Based Investing

Post image
3 people like this

Markets are climbing the wall of worries on nothing but bad news for the economy. This is hard for bears like us, who expect a collapse. We went back into the strongest alts to ride the wave up, but we are protected with a stop loss when $BTC falls below 24k.


We take profits in


$BTC at 29k (30k is resistance)

$ETH at 1950 usd (2k is resistance)

$ATOM at 15 usd

$MATIC at 1.45 usd

5 people like this

We decided to take profits in the alt-positions we took after the $USDT panic drop. We were able to lock in some gains and by doing that we partly erased the small $USDT loss we decided to swallow.


We sold $ETH , $MATIC and $ATOM.

We sold 5% of our $BTC as well.


The macro is way to bad. CPI numbers could surprise to the upside next week, stockmarket is breaking down. The war is far from over, SVB bankrupcy could cause ripple-effects in the tech-sector.... Gold is on the rise...


We expect another leg down and will start adding $BTC, $ETH and some of our favourite alts when $BTC drops below 18.8k.

Post image
3 people like this

SVB went into bancrupty and unfortunately $USDC depegged and is at risk. We decided to take action and sell all our $USDC at a 9% loss. Better safe than sorry.


We decided to re-enter the markets partially because if stables are'nt safe there is nowhere to hide. Our main position is still $USDT but we initiated small positions in $ATOM , $MATIC and $ETH . We re-enter $PAXG again as we expect gold to shine while banks are going down.


Our assumption is we might see a small bounce in $BTC to the 22k level and alts will outperform. But this is very short term. We expect a bigger drop to the 18.5k soon.



4 people like this

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Polygon Price FAQ

What Is the Highest Price of Polygon (MATIC) in USD?

Polygon (MATIC) price history shows the highest value of 2.90 USD. We recorded this price on December 27, 2021, but we cannot exclude that a higher price was registered before August 27, 2019.

What Is the Lowest Price of Polygon (MATIC) in USD?
How can I buy Polygon (MATIC)?
What Is the Current Price of Polygon (MATIC) in USD?
Is Polygon (MATIC) a good investment?