Matic Token - Frequently Asked Questions

Question 1

What is Matic Token?

Sharpe Labs · Accepted Answer

Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications. Using Polygon, one can create Optimistic Rollup chains, ZK Rollup chains, stand alone chains or any other kind of infra required by the developer. Polygon effectively transforms Ethereum into a full-fledged multi-chain system (aka Internet of Blockchains). This multi-chain system is akin to other ones such as Polkadot, Cosmos, Avalanche etc with the advantages of Ethereum’s security, vibrant ecosystem and openness. Nothing will change for the existing ecosystem built on the Plasma-POS chain. With Polygon, new features are being built around the existing proven technology to expand the ability to cater to diverse needs from the developer ecosystem. Polygon will continue to develop the core technology so that it can scale to a larger ecosystem. The $MATIC token will continue to exist and will play an increasingly important role, securing the system and enabling governance. Matic Token operates on the Binance Smart Chain blockchain network. For more information, visit the official Matic Token website at https://polygon.technology/

Question 2

What is the current price of Matic Token?

Sharpe Labs · Accepted Answer

The current Matic Token price today is $0.1510 USD. The Matic Token (MATIC) price has decreased by -2.12% over the last 24 hours. The real-time Matic Token price is down and updated live based on trading data from decentralized exchanges. You can track MATIC price movements to make informed trading decisions.

Question 3

Where can I track Matic Token price?

Sharpe Labs · Accepted Answer

You can track Matic Token (MATIC) price in real-time on Sharpe DEX Scan at https://sharpe.ai/dexscan/binance smart chain/matic-token. Our platform provides live Matic Token price updates, 24-hour price change percentages, interactive TradingView charts with technical indicators, real-time trading volume data, and MATIC holder analytics. The Matic Token price is updated every few seconds, ensuring you have the most accurate market data for trading decisions. Track MATIC price movements across multiple timeframes, monitor trading volume trends, analyze holder distribution patterns, and view recent Matic Token transactions all in one place. Sharpe AI DEX Scanner is the best platform to track Matic Token price with professional-grade analytics and real-time market data.

Question 4

How many holders does Matic Token have?

Sharpe Labs · Accepted Answer

Matic Token currently has 97,246 token holders on the Binance Smart Chain blockchain network. The Matic Token holder count represents unique wallet addresses that actively hold MATIC tokens. The number of Matic Token (MATIC) holders is regularly updated and reflects the size and growth of the Matic Token community. More holders typically indicate stronger adoption and community support for Matic Token. Join the Matic Token community: Twitter: https://twitter.com/0xPolygon, Telegram: https://telegram.me/polygonofficial, Discord: https://discord.com/invite/XvpHAxZ

Question 5

What is the circulating supply of Matic Token?

Sharpe Labs · Accepted Answer

The Matic Token circulating supply is currently 21,930,572 MATIC tokens. The total Matic Token supply is 21,931,516 MATIC tokens. As of now, 100.0% of the total MATIC supply is in active circulation, meaning most of the total supply is available for trading. Matic Token (MATIC) token supply metrics are essential for calculating market capitalization, understanding token distribution, and evaluating scarcity. The circulating supply of Matic Token directly impacts the token's market value and price dynamics.

Question 6

How to buy Matic Token?

Sharpe Labs · Accepted Answer

To buy Matic Token (MATIC) on Sharpe AI DEX Scanner, click the Buy button located at the top of the Matic Token page. This will open a trading interface where you can connect your cryptocurrency wallet (such as MetaMask, Trust Wallet, or Phantom for Solana). Once connected, the interface will show you the current Matic Token price and allow you to enter the amount of MATIC you want to purchase. The Buy button connects directly to decentralized exchanges, making it easy to swap your tokens for Matic Token. Always verify you have sufficient balance in your wallet and review the transaction details including gas fees before confirming your purchase. Track MATIC price movements on Sharpe AI DEX Scanner to find the optimal entry point for buying Matic Token.

Question 7

How to sell Matic Token?

Sharpe Labs · Accepted Answer

To sell Matic Token (MATIC) on Sharpe AI DEX Scanner, click the Sell button located at the top of the Matic Token page, next to the Buy button. This will open a trading interface where you need to connect your cryptocurrency wallet that contains your MATIC tokens. Once your wallet is connected, the interface will display your current Matic Token balance and allow you to enter the amount of MATIC you want to sell. The Sell button connects directly to decentralized exchanges, enabling you to swap your Matic Token for other tokens like USDT or USDC. Review the current Matic Token price, check the transaction details including slippage tolerance and gas fees, and confirm the transaction in your wallet. Use Sharpe AI DEX Scanner's real-time price charts and trading volume data to determine the optimal time to sell MATIC for maximum returns.

Question 8

Is Matic Token a good investment?

Sharpe Labs · Accepted Answer

Whether Matic Token (MATIC) is a good investment depends on multiple factors including your risk tolerance, investment goals, market conditions, and thorough research. Matic Token currently has 97,246 holders, which indicates the level of community adoption. Before investing in Matic Token, consider: 1) Research the project's fundamentals, team credentials, and roadmap. 2) Analyze MATIC tokenomics, including total supply, circulating supply, and token distribution. 3) Review the Matic Token whitepaper and use case to understand the project's value proposition. 4) Monitor MATIC price trends, trading volume, and market sentiment on Sharpe AI DEX Scanner. 5) Check Binance Smart Chain blockchain explorer for contract verification and transaction history. 6) Assess Matic Token community engagement and social media presence. Cryptocurrency investments carry significant risk due to market volatility. Matic Token price can fluctuate dramatically in short periods. Never invest more than you can afford to lose, diversify your portfolio across multiple assets, and consider consulting with a financial advisor. Use Sharpe AI's real-time analytics to track Matic Token performance metrics, holder distribution, and trading patterns before making investment decisions.

Question 9

How can I view Matic Token transactions?

Sharpe Labs · Accepted Answer

You can view Matic Token (MATIC) transactions in real-time on Sharpe AI DEX Scanner. The Transactions tab displays all recent Matic Token buy and sell orders, swap transactions, mint and burn events with detailed information including transaction hash, wallet address, transaction type (buy/sell), token amount, USD value, and timestamp. Each MATIC transaction shows the exact price at which the trade occurred, allowing you to analyze Matic Token trading patterns and market activity. You can filter Matic Token transactions by type (Buy, Sell, Mint, Burn), set price range filters, and search for specific wallet addresses to track whale movements. Click on any MATIC transaction to view complete details on the blockchain explorer. Monitor Matic Token transactions to identify trading trends, spot large buyers and sellers, and understand market sentiment for MATIC token.

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