The price of MATIC, the native token of Ethereum’s largest layer-2 scaling protocol by market capitalization Polygon, is up over 5% in the last 24 hours, as per CoinGecko.
MATIC was last trading just above $0.74 and to the north of its 50-Day Moving Average (DMA) for the first since April, as the cryptocurrency continues to unwind the losses it experienced in June as a result of the US Security and Exchange Commission (SEC)’s claim that it is actually a security….
Read More: Is It Too Late to Buy Polygon? MATIC Price Rallies Up 5% in 24 Hours as Green Crypto Chimpzee Sails Past $800,000 Milestone