Why Polygon (MATIC) Is Falling

Polygon (CRYPTO: MATIC) is trading lower by 3.69% to $0.83 Thursday afternoon. The altcoin is trading lower in sympathy with the broader crypto market amid a fall in the price of Bitcoin and Ethereum.

Top 10 cryptocurrencies in May 2023

Cardano’s ADA token has had relatively modest growth compared to other major crypto coins. In 2017, ADA’s price was about 1.5p and, as of 1 May 2023, its price was at £0.31.