MATIC Is Now Among The Top Purchased Tokens By ETH Whales
The crypto whale tracking platform WhaleStats took to Twitter on January 2 to share some new information about what whales have been up to in the new year. According to the post, Polygon (MATIC) is now one of the top 10 most purchased tokens among the top 500 biggest Ethereum (ETH) whales over the last 24 hours.
Top 10 purchased tokens by ETH whales (Source: WhaleStats)
Some of the other cryptocurrencies included on the list are Shiba Inu (SHIB), Apecoin(APE), Chiliz (CHZ), and Wrapped Ethereum (WETH).
MATIC Network / Tether US 1D (Source: CoinMarketCap)
Most cryptos are in the green for the day so far, and MATIC is no exception to this. According to the crypto market tracking website CoinMarketCap, MATIC is trading hands at $0.7704 after a 2.37% increase in price over the last day. MATIC also reached a high of $0.7708 and a low of $0.7512 over the same time period.
Although MATIC is up for the day, the altcoin is still in the red by more than 3% over the last week.
Over the last day, MATIC was also able to strengthen against the two biggest cryptos in the market, Bitcoin (BTC) and Ethereum, by about 1.17% and 0.88% respectively. Also in the green zone is MATIC’s 24 hour trading volume which currently stands at $135,740,032 after a more than 12% increase.
With its market cap of $6,735,829,685, MATIC is currently ranked the 10th biggest crypto in terms of market capitalization. This places the altcoin right behind Cardano (ADA) in the 9th position and in front of Dai (DAI) which is ranked 11th.
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