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

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

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…