Polygon (MATIC) Maintaining Stability Amid Negative Price Corrections

Time Stamp: February 24, 2022 6:28 AM
Source Node: 1185296

Polygon_MATIC_Weekly_Review_Maintaining_Stability_Amidst_Negative

  • Polygon (MATIC) price started the week with positive gains.
  • MATIC coin price tumbled alongside the rest of the crypto market due to the Russia-Ukraine standoff
  • Nevertheless, MATIC is one of the best cryptocurrencies to buy this 2022.

As one of the dominant altcoins in the cryptocurrency ecosystem, Polygon (MATIC) has had its fair share of prevalent price corrections in the trailing 7-day period. The coin started the week with positive gains and a peak price of $1.866, before taking a deep dive in the wake of the Russia-Ukraine standoff that sparked a sell-off in both the traditional stock market and the digital currency world.

MATIC’s Growth Outpacing Other Altcoins

At a time in the past week, MATIC slipped to a low of $1.36, as the fears of Russia invading Ukraine worsened and the tensions caused investors to dump cryptos, including MATIC. The shock that reverberated across the altcoin world has been cushioned and MATIC price has largely recovered from t …

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