Polygon Jumps 10% Over The Week Amid Robinhood, Meta Integrations

Polygon (MATIC) is leading gains among the top 20 largest cryptocurrencies by market capitalization over the past week.

MATIC, the coin powering the Ethereum scaling network Polygon, has jumped 10.5% over the past week. 

As of this writing, MATIC trades at around $0.8941, up 7.3% over the past 24 hours, per data from CoinMarketCap

MATIC short trades worth $7.4 million have been liquidated over the past week, too, per data from Coinglass. Long positions worth $5.1 million were liquidated over the same period.

Despite a robust weekly performance, MATIC is down 69.45% from its all-time highs of $2.92 recorded in December 2021, suggests data from CoinMarketCap

Source : decrypt.co

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