Don't Just Read the News, Understand It.
Published loading...Updated

Polygon (MATIC) Plummets to a Two-Year Low, with Just 2% of Holders in Profit, While MoonTaurus Investors See 100% Gains

Summary by Finbold
Polygon’s native token, MATIC, has hit a significant low, dropping to $0.34—its lowest in two years. The decline has left 98% of its holders in the red, while just 2% remain profitable. This slump occurs even as on-chain data indicates that daily transactions have yielded more profits than losses in the past 200 days. However, this hasn’t been enough to stem the tide of declining prices, with MATIC trading below key moving averages, signaling fu…
DisclaimerThis story is only covered by news sources that have yet to be evaluated by the independent media monitoring agencies we use to assess the quality and reliability of news outlets on our platform. Learn more here.

Bias Distribution

  • There is no tracked Bias information for the sources covering this story.
Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Finbold broke the news in on Sunday, August 11, 2024.
Sources are mostly out of (0)