Price + Circulating Supply

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    Introduction

    Polygon, formerly known as the Matic Network, is a scaling solution that aims at providing an Ethereum alternative with a fast and low fee transactions.

    The governance and native token of Polygon is MATIC. Matic is an ERC-20 token issued on Ethereum.

    This dashboard depicts the price of Matic comparing with circulating supply over time.

    Results

    The graph below shows how the MATIC price and circulating supply have changed over time.

    It is obvious from the graph that circulating supply increase constantly from October 2020 to October 2021. The sharp growth in November and December 2021 is cooccurred by the peak of MATIC price in December 25th.

    Since the beginning of 2022 the circulating supply has been constant and the price has been decreased significantly.

    Note on data

    MATIC is an erc20 token. For the purpose of calculation of circulating supply flipside_prod_db.ethereum.erc20_balances has been used.

    The balance of the following addresses have been excluded:

    >>- user_address != '0xcbfe11b78c2e6cb25c6eda2c6ff46cd4755c8fca' --vesting

    >>- user_address != '0xb316fa9fa91700d7084d377bfdc81eb9f232f5ff' -- foundation contract

    >>- user_address != '0xccb04768f3abcf1af1e749085ef67d8ec7c5fdd2' -- Marketing & Ecosystem

    >>- user_address != '0x50d669F43b484166680Ecc3670E4766cdb0945CE' -- network mining and seeding