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Polymath

POLY

Rank #235
$ 0.2009
+ 2.36%
24H Low$0.1928
24H High$0.2101
24H Volume
67.97K
All-Time High(ATH)
$1.59
All-Time Low(ATL)
$0.01101
Market Cap
180.54M
Fully Diluted Valuation
200.92M
Market Cap/FDV
0.8986
Circulating Supply
898.55M POLY
Total Supply
1000M POLY
Max Supply
Market Sentiment
--
* Data from 3rd parties

Polymath (POLY) Price Trends

Time period
Change amount
% Change
1H
$ -0.001289
-0.64%
24H
$ 0.004739
2.36%
7D
$ -0.002364
-1.18%
14D
$ 0.001625
0.81%
30D
$ -0.06788
-33.78%
1Y
$ -0.01233
-6.14%

Live Polymath (POLY) Price Update

Polymath price today is $0.2009 with a 24-hour trading volume of 67.97K, and as such Polymath has a market cap of 180.54M, giving it a market dominance of 0.01%. The Polymath price moved 2.36% in the last 24 hours.

Polymath reached its highest price on 2018-02-20 when it was trading at its all-time high of $1.59, while its lowest price was recorded on 2020-03-13 when it was trading at its all-time low of $0.01101. The current lowest price since the last cycle high was $0.01101, and the highest price since the last cycle low was $1.59. The social sentiment of Polymath is currently Positive.

The current circulating supply of Polymath is 898.55M POLY. In terms of market cap, Polymath is currently ranked 235.

About Polymath (POLY)

Polymath provides technology to create, issue, and manage security tokens on the blockchain. Over 200 security tokens have been deployed using their Ethereum-based solution and they are now in the midst of launching Polymesh, an institutional-grade blockchain built specifically for regulated assets. Polymath streamlines antiquated processes and opens the door to new financial instruments by solving the inherent challenges with public infrastructure around identity, compliance, confidentiality, and governance. Recognizing that the industry lacked security-specific standards, Polymath spearheaded the creation of a unified standard for security tokens on Ethereum, ERC 1400. ERC 1400 acts as an umbrella of standards and is designed to address some of the challenges in managing security tokens by enabling the ability to conserve UBO rights for custodied assets, and automate transfer control (including KYC verification) and corporate actions (including capital distribution or voting). Polymath has brought forward many advanced innovations that address regulatory and market needs head-on. They have built a series of tools on the chain that offer non-technical users an intuitive means to access the chain’s functionality, and are also in the midst of launching Polymesh, an institutional-grade blockchain built for security tokens and the first specialized chain of this nature. Security tokens have the ability to alter the financial landscape, unlocking trillions of dollars in asset value and investment, programmably automating operations, and driving new paths to liquidity - but there are significant barriers standing in the way of institutional adoption. The foundations of Polymesh are focused on the most crucial regulatory elements addressed by four key design principles meant to meet the demands of regulators and institutions. Those four principles are Identity, Compliance, Confidentiality, and Governance. When put together, these four pillars can also support complex operations, such as settlement. When it comes to creating and managing digital securities, Polymesh’s specificity gives it, and the applications built on it, a distinct advantage over those leveraging general-purpose blockchains. The purpose-built infrastructure addresses the gaps in standard blockchain architecture to align the functioning of the blockchain with the requirements of modern capital markets. By combining Polymesh’s deep functionality with user-friendly tools, Polymath stands to transform capital markets. All transactions on the Polymath platform take place using the native POLY token. POLY is the utility token that fuels Polymath Token Studio on Ethereum and is used by issuers creating and managing security tokens on the platform.

FAQs

1. What determines the price movement of Polymath?

There are two schools of thought in determining the price of Polymath.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Polymath, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Polymath from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Polymath on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Polymath as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Polymath and the cryptocurrency market as a whole.

Polymath (POLY) News

Arbitrum Surpasses Polygon (Matic) with 15,000 Funded Wallet Addresses

Arbitrum Surpasses Polygon (Matic) with 15,000 Funded Wallet Addresses

The Arbitrum network managed to topple Polygon as the number one layer-2 blockchain after recording 15,000 non-zero addresses.
Source: Gate.blog
Posted:
Is the Entire Chain of Inscription Assets Exploding? Overflow from BRC20 to Solana and Polygon

Is the Entire Chain of Inscription Assets Exploding? Overflow from BRC20 to Solana and Polygon

From $ORDI, $SAT, $RATS, POLS, $SOLS to $ETHI and so on, the summer of fiery in_ions seems far from over.
Source: Gate.blog
Posted:
Daily News | XRP Soared By over 70%, Europe's First BTC ETF Will Go Public This Month, Polygon to Upgrade MATIC to POL

Daily News | XRP Soared By over 70%, Europe's First BTC ETF Will Go Public This Month, Polygon to Upgrade MATIC to POL

The US ruling is positive for crypto space, with XRP rising by over 70%. The inflow of funds into crypto space is accelerating.
Source: Gate.blog
Posted:
Market Trend|Polygon Commemorates New zkEVM Bridge; Coinbase Sues SEC To Try And Get Clarity On Crypto Rules

Market Trend|Polygon Commemorates New zkEVM Bridge; Coinbase Sues SEC To Try And Get Clarity On Crypto Rules

Across the past week, a majority of the cryptocurrency market has been a mixed bag, with minor losses and gains seen throughout the top 100, breaking the recent price downturns.
Source: Gate.blog
Posted:
Polygon Ranks as the second Largest Blockchain Gaming Network in the market

Polygon Ranks as the second Largest Blockchain Gaming Network in the market

WAX, Polygon and Hive lead in Web3 Gaming
Source: Gate.blog
Posted:
Daily News | Stable Crypto Prices, Uncertain Credit Crunch Trigger, and Polygon's zkEVM Beta Launch

Daily News | Stable Crypto Prices, Uncertain Credit Crunch Trigger, and Polygon's zkEVM Beta Launch

Financial markets remain cautious amidst concerns over a possible recession and banking crisis causing uncertainty, with analysts divided on whether it will trigger a credit crunch. BTC and ETH prices remain stable, while MATIC launches zkEVM mainnet beta on Monday.
Source: Gate.blog
Posted:
Date
Market Cap
Volume
Open
Close
2023-12-08
$88.42K$178.3M$0.1986N/A
2023-12-07
$200.32K$170.64M$0.1898$0.1986
2023-12-06
$531.26K$181.93M$0.2024$0.1898
2023-12-05
$506.61K$194.61M$0.2167$0.2024
2023-12-04
$521.22K$197.93M$0.2201$0.2167
2023-12-03
$441.22K$187.02M$0.2084$0.2201
2023-12-02
$134.71K$173.6M$0.1933$0.2084
2023-12-01
$304.49K$175.98M$0.1958$0.1933
2023-11-30
$159.45K$176.56M$0.1962$0.1958
2023-11-29
$228.56K$175.34M$0.1968$0.1962
2023-11-28
$185.43K$169.29M$0.1885$0.1968
2023-11-27
$192.11K$174.63M$0.1942$0.1885
2023-11-26
$190.4K$178.38M$0.1985$0.1942
2023-11-25
$260.16K$177.9M$0.1980$0.1985
2023-11-24
$291.42K$174.81M$0.1946$0.1980
2023-11-23
$1.24M$171.39M$0.1908$0.1946
2023-11-22
$1.22M$151.61M$0.1687$0.1908
2023-11-21
$167.09K$192.81M$0.2137$0.1687
2023-11-20
$157.67K$203.47M$0.2261$0.2137
2023-11-19
$169.28K$201.27M$0.2240$0.2261
2023-11-18
$193.28K$215.54M$0.2397$0.2240
2023-11-17
$193.7K$223.37M$0.2486$0.2397
2023-11-16
$223.69K$226.16M$0.2522$0.2486
2023-11-15
$118.56K$218M$0.2425$0.2522
2023-11-14
$330.28K$219.61M$0.2452$0.2425
2023-11-13
$207.44K$234.27M$0.2607$0.2452
2023-11-12
$281.29K$241.55M$0.2701$0.2607
2023-11-11
$516.59K$247.25M$0.2749$0.2701
2023-11-10
$334.6K$262.2M$0.2922$0.2749
2023-11-09
$305.93K$267.98M$0.2980$0.2922
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