crypto analytics firm centimeter, Polygon (MATIC)He said supply is at its lowest level in four years.
centimentIn his new analysis he recently shared, MATICyour supply only 7.1 percentare currently on exchanges and that it is a crypto asset 2019It states that it is the lowest level since its launch in .
MATIC Up 47 Percent Since the Beginning of the Year
centimentsays the low stock market supply means limited selling opportunities, which should give investors some relief.
Santiment also polygon It also examines the average dollar amount that represents the average of each dollar invested in MATIC. Inert assets may also show some signs of movement, with multiple major dips in the average dollar amount invested curve, according to Santiment. Usually when this curve flattens out, we can understand that some old addresses are recirculating their assets, which is seen as a positive development for the asset.
MATIC, at the time of this writing $1.11 level was traded. Crypto asset ranked 10th by market value in the last 24 hours 0.51 percentincreased but in the last seven days 1.75 percentIt fell more than . 2023Looking at the overall year MATICsince the beginning of the year 47 percentWe see an increase.
