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Matic Network bull market cycles - historical perspective of MATIC bull runs
In this overview, we will show the previous bull runs of the Matic Network cryptocurrency, including statistical analysis of MATIC returns during previous bull runs.
|Symbol||Price (USD)||Price change (1d)||Price change (1 week)||Sentiment||Sentiment change (1d)||Sentiment change (1 week)||Tweets volume change||Trading volume change||Volatility||MarketCap|
A bull market is a period of general rising prices in the crypto, stock or any other financial market.
A bull market is typically preceded by a bear market and followed by a bear market.
We define a bull market as appreciation of price by more than 30% and bear market a period when the prices fall by more than 30%.
Matic Network has experienced 9 bull markets in the past, see chart below:
What is Matic Network biggest bull run ?
Matic Network biggest bull run started on Nov 5th, 2020 and ended on May 19th, 2021, lasting for 195 days..
During this time, the price of Matic Network increased from 0.0122 USD to 2.4500 USD, resulting in a return of 19907.8 %.
Average compounded daily increase of price during this period was 2.75% / day.
What is Matic Network 2nd biggest bull run ?
Matic Network 2nd biggest bull run started on May 10th, 2019 and ended on May 21st, 2019, lasting for 11 days.
During this time, the price of Matic Network increased from 0.0031 USD to 0.0302 USD, resulting in a return of 860.3 %.
Average compounded daily increase of price during this period was 22.83% / day.
What is Matic Network 3rd biggest bull run ?
Matic Network 3rd biggest bull run started on Oct 7th, 2019 and ended on Dec 9th, 2019.
During this time, the price of Matic Network increased from 0.0103 USD to 0.0414 USD, resulting in a return of 301.3 %.
Average compounded daily increase of price during this period was 2.23% / day.
Returns of previous Matic Network bull runs
In the following table you can see the previous MATIC bull runs, in which period they occurred and what were the returns achieved during each bull run:
|Start Date||End Date||Start Price||End Price||Return (%)|
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Bull and bear markets of Matic Network
See Matic Network past bull and bear markets in the chart below:
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