The Poggon (MATIC) price has been increasing since the token rebranded to POL on September 13. The fresh start has given the project a new boost in its price action, but not before a quick sell-off on the launch day. This is because the new POL tokenomics show the token has an infinite supply, whereas MATIC had a 10 billion total supply. Nevertheless, POL has recovered from this initial shock, and the price found a bottom around $0.37 before it began to surge.
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