MATIC Falls 66.75% in One Hour to a Reported Low of $0.126156

Polygon (MATIC) fell 66.75% in a 60-minute stretch on Oct. 19, reaching $0.126156 after trading as high as $0.3794 earlier in the day. The decline left the token at the bottom of its stated 24-hour range, which extended up to $0.3794. The listed 24-hour low matched the $0.126156 price after the decline, while the day’s high was $0.3794. Trading volume was listed at $0.15, a thin figure in the market snapshot. The price move came amid volatility across the cryptocurrency market. Social-media discussion may have affected sentiment around MATIC, but it remained a possible factor rather than a confirmed cause.

Source: TokenPost