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Polygon Surges 12%, Edging Bitcoin And Ethereum, In Last 24 Hours

Polygon (MATIC) posted the highest 24-hour gains today and surpassed Bitcoin and Ethereum in that department as the altcoin mounts a bounce back following the crashing effects of the FTX implosion.

According to latest tracking from Coingecko, the cryptocurrency is changing hands at $0.94, registering an increase of 12% in its intraday performance. Over the last seven days, MATIC has pumped its value by 10%.

Among the top 10 digital currencies tracked by the online crypto information provider, Polygon was the day’s top gainer as BTC and ETH could only manage to go up by 4.9% and 7%, respectively.

Moreover, with this bullish movement, the asset managed to push its total market capitalization to $8.32 billion, registering an inflow of around $400 million from the $7.60 billion valuation it was nursing when it was trading at $0.87 just the other day.

(By Christian Encila)

Polygon Crypto
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