matic coin issuance price

Matic Coin was launched via an Initial Coin Offering (ICO) on April 24, 2019, with an initial price of $0.00263. During the ICO, $5.6 million was raised and 2.5 billion Matic coins were issued. Since then, the price of Matic coins has continued to rise as the Polygon ecosystem has grown, and as of April 2023, it has increased more than 35,000 times from the ICO issuance price.

Matic Coin Issuance Price

Matic Coin was launched via an Initial Coin Offering (ICO) on April 24, 2019. During the ICO, the issuance price of Matic coins was $0.00263$.

Details

Matic Coin is the native token of Polygon, a decentralized finance (DeFi) platform based on the Ethereum blockchain. The ICO raised a total of $5.6 million and issued a total of 2.5 billion Matic coins.

After the ICO ended, the price of Matic Coin increased immediately and reached an all-time high of 0.0425$ on May 7, 2019. However, the price of Matic Coin subsequently fell back as the cryptocurrency market became volatile.

Since 2021, the price of Matic Coin has increased significantly with the growth and adoption of the Polygon ecosystem. In May 2021, the price of Matic Coin exceeded $1 and continued to rise, reaching an all-time high of 2.92$ in December 2021.

Currently (April 2023), the price of Matic Coin is approximately 0.94 USD. Compared to the ICO launch price of $0.00263, the price of Matic Coin has increased more than 35,000 times.

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