Polygon is facing a critical juncture as it trades between 0.28 USD and 0.50 USD. After a 55% decline from its peak, trading volume has plummeted to below 500 million USD, indicating waning investor interest.
With 81% of Polygon controlled by a single whale, market stability is in question. If Polygon fails to hold the 0.50 USD support, further declines could ensue, pushing the price closer to 0.28 USD.
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