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Polygon Price Prediction – Can MATIC Recover to $1?

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The Polygon price prediction is bullish above $0.82, especially since it has broken through a symmetrical triangle pattern on the upper side. Polygon's market price has surged 200% in the last four months from its low point in June 2022 of $0.31. As of late, though, the token's price has begun to show symptoms of rising sharply once more, and now it's trading at the $0.93 level, having soared more than 1% in the last 24 hours and over 7% in seven days.  MATIC Price & Tokenomics - Source: coinmarketcap CoinMarketCap currently ranks #11, with a live market cap of $8 billion. There are 8,734,317,475 MATIC coins in circulation, with a maximum supply of 10,000,000,000 MATIC coins. MATIC's Exchange Balance Falls to a Nine-month Low On October 26, the total supply of MATIC owned by cryptocurrency exchanges dropped to 802.15%, its lowest level since January 2022. According to Santiment data, the decline was part of a longer-term slump that has seen ove...