MATIC Struggles to Recover as 97% of Holders Face Losses Amid Bear Market

Polygon’s MATIC token struggles to regain its footing as most of its holders experience losses. The MVRV indicator indicates that the token is firmly in a bear phase, needing a 13% hike to break free. Following a significant market correction, the value of MATIC dropped to $0.43, a level not seen since July 2022. Explore

Source: CoinOtag