Recent data reveals that MATIC, the native token of Ethereum scaling solution Polygon, has established a huge level of support.
According to data from the on-chain analytics platform Intotheblock, MATIC is performing more solidly as cryptocurrencies are slowly starting to corrective movements. On-chain data, 0.94 dollars and 1.11 between the dollar range massive demand buildup in this price range, about approx. 50 thousand your address 4.65 billion MATIC shows received.
First bitcoin (BTC) most valuable cryptocurrency market 10 your presence 9 of them end 7 days only depreciating in MATIC acted against the market.
Considering the data, the experts underlined that the relevant levels could act as a strong support during a downside test. without correction to the movement continue He said he could.
On the other hand, MATIC’s Polkadot (DOT), Solana (SOL), and TRON (TRX) MATIC’s ability to attract investors’ attention by outperforming its competitors, such as your strong stance on has the effect is being considered.
According to Coinecko data, the latest 24 hours in 3.6% depreciating MATIC, at the time of writing 1.28 traded in dollars.
