Polygon (MATIC) Faces Extended Downside as Growing Number of Holders Experience Losses

Polygon’s native token, MATIC, has endured a significant downturn, marking a double-digit decline over the past week. The cryptocurrency witnessed a 15% reduction in its price within a 7-day period, with ongoing concerns about the potential for further losses. MATIC recently slipped below a critical supply zone ranging from $0.84 to $0.86…