Polygon Witnesses Sharp Drop in Supply As MATIC Disappears From Exchanges
A leading analytics firm is revealing that blockchain scaling solution Polygon is witnessing a dramatic drop in the supply of MATIC on crypto exchanges even after the token’s explosive rally in the last few days. “MATIC’s supply on exchanges continue to fall even as prices skyrocket, indicating that folks are pretty confident about further price rise.”. MATIC is in the midst of a blazing rally to kick off November, opening the month at $0.90 and surging to as high as $1.30 for a 44% increase in less than a week. Looking at MATIC’s other on-chain metrics, Santiment says that the coin’s rally comes as Polygon sees its highest network growth in months.
Source
https://t.me/Matic_Chainlink_Monero
