Bitcoin crisis: Cryptocurrency plunges over bear market fears - Polygon up 10,000% in 2021

has fallen 38% in May, from $57,858 to its current price of $35,868. Other major coins including ethereum and cardano have also fallen steeply amid chaos sparked by a Chinese crackdown and Elon Musk. One coin has bucked the trend, however, rising by nearly 10,000% since January. Polygon, formerly known as Matic, was worth $0.01 on January 1, it is now worth almost $2.Polygon has gained 100 percent in the past seven days and outperformed every major cryptocurrency - sparking growing attention.

Polygon is not up 1000% this week.

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