Polygon (MATIC) Regains Footing With Starbucks Partnership
Polygon (MATIC) has broken out from long-term descending resistance line MATIC has broken out from a descending resistance line.
On Tuesday it was expressed that Starbucks and Polygon will collaborate on an NFT loyalty program called "Starbucks Odyssey" the program allows customers to buy or earn digital assets which unlock exclusive rewards and experiences.
The digital assets will be collectible stamps that are in the form of NFTs. the main goal of the program is to onboard the existing customer base into Web3
The live Polygon price today is $0.922641 USD with a 24-hour trading volume of $721,135,098 USD. Polygon is up 2.44% in the last 24 hours. The current CoinMarketCap ranking is #12, with a live market cap of $8,058,640,221 USD It has a circulating supply of 8,734,317,475 MATIC coins and a max. supply of 10,000,000,000 MATIC coins
The price range of 24 MATIC is $0.02557, 24 h low is $0.896 and 24h High is $0.9406 with 0.78% Market Dominance
MATIC's price has decreased from the support line since June. the 0.618 FIB retracement resistance level at $0.60 would be expected to provide support.