, once known as the Matic Network, at press time, was up by more than 17% over the last seven days. Moreover, at the time of writing, it surged above the $0.64 mark as theThe MVRV ratio stood at the highest number in the last nine months, indeed bringing much-needed relief to the community.has been on a downtrend since late January. The altcoin posted a loss of nearly 80% from April to mid-June.
Nonetheless, the token is witnessing demand of late. Traders/investors are back on the network to either buy more tokens from exchanges or swap other assets for MATIC.
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