Matic Profitability Remains Above 70% Despite Cryptocurrency Market Correction

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$MATIC profitability stays at 79% despite asset losing 20% of its value from ATH

79% of Matic holders in profit token holders are remaining in profit despite the most recent negative price action. Matic has lost approximately 25% of its value after reaching its all-time high of $2.90.In addition to 79% of all holders trading Matic at a profit, 7% of investors are breaking even on Polygon's token.

Only 13% of all holders' compositions are at a loss, which indicates that most of them entered Matic right at or close to the top.Polygon's token overall has been following the general trend on the cryptocurrency market by going through a 17% correction that began after the asset dropped below the trendline formed back at the end of December.

 

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