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Hi everyone, super new to purchasing crypto assets and crypto wallets. I've only really bought coins on Robinhood or SoFi.
I followed the directions to purchase a few MMs on the website using the Polygon network. I was curious to see how much my MM tokens would be worth if I were to swap MM to USCD on my MetaMask Polygon Mainnet wallet. It says currently says that 1MM ~ 11.53 USCD token; however, on Coinmarketcap it says that 1MM is about $12.34. Can someone explain to me this difference? Is that ~11.53 on Metamask taking into account that I'm missing..?
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@hamster_ball different networks, the price ends up stabilizing as arbitrage trading bots are involved
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@Waffles_Mcgangbanger I see. Thank you!
Another question, if you don't mind. On the Polygon web wallet, I'm only able to see how much my Matic coins are worth in USD e.g., 51 MATIC ~ $125 USD. I'm not able to see how much the MM tokens are estimated to be worth in the Polygon web wallet. Is this an issue for everyone else or is it just me? If it's something that is happening across the board is it because the difference of networks (having to buy on exchange on Quickswap)..?
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@hamster_ball you’re just wondering what the mm price on polygon is? Maybe you only see the price when swapping? Not sure. But I use this for the price https://polygonscan.com/token/0x5647Fe4281F8F6F01E84BCE775AD4b828A7b8927
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@hamster_ball this is true. You look up the current price of Million token by looking at the current chart pair. Coin gecko and coin market cap generate their prices by averaging a cross all the process on all the blockchains Million token is available.
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@0xf7adf35efdc673eab9c9984a4e364e13e3964831 Yeah. I'm just curious what the price is, but I was wondering why it doesn't show the total estimate price on the Polygon web wallet home page. It shows how much MATIC I have and its current worth. For MM, it only shows the amount of MM I have but not its estimate worth, so I was curious as to why it's showing $0.00.
When I look up my wallet address on Polyscan, I'm able to see how much MM token I have and its estimate $USD worth.
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@hamster_ball it’s because the price is different based on what you would sell million token to be. Whether it’s matic or usdc.
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