Polygon (MATIC) Hits Lowest Level in Two Years, Only 2% Holders Are in Profit

The value of MATIC, the native token that powers leading Layer-2 (L2) solutions provider Polygon, has experienced a large drop in the last week. During Monday’s general market decline, the altcoin’s value plummeted to a two-year low of $0.34. While it has regained by over 10%, MATIC trades at a price level last observed in June 2022.  Only 2% of Polygon Holders Are “In the Money”... source: https://beincrypto.com/matic-hits-lowest-level-in-two-years/