Matic Coin News Updates!!🔥 | Matic Price Prediction | Polygon Matic News | Cryptocurrency News Today for 29th May
This video tells MATIC Price Prediction 2021 | MATIC News Today | Big MATIC News 29th May, 2021 | MATIC Technical Analysis | Polygon MATIC
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The live Polygon price today is $1.82 USD with a 24-hour trading volume of $4,917,160,981 USD. Polygon is down 3.19% in the last 24 hours. The current CoinMarketCap ranking is 15, with a live market cap of $11,322,754,380 USD. It has a circulating supply of 6,211,590,053 MATIC coins and a max. supply of 10,000,000,000 MATIC coins.
What Is Polygon (MATIC)?
Polygon (previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Using Polygon, one can create optimistic rollup chains, ZK rollup chains, stand alone chains or any other kind of infra required by the developer.
Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc. with the advantages of Ethereum’s security, vibrant ecosystem and openness.
The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance.
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