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Cryptoknowmics 2022-05-05 23:30:07

Polymath (POLY) Price Prediction 2022- Will POLY’s Price Hit $0.95 in 2022?

Polymath (POLY) is an Ethereum-based token that is used to launch security tokens. Just like Ethereum Virtual Machine (EVM) that is used by projects like Velas (VLX) is launching decentralized applications (DApps), Polymath uses the Token Studio to allow projects to create, issue and manage security tokens launched on it. Polymath (POLY) was founded in 2017 by Chris Housser and Trever Koverko. It is open-sourced and allows developers to issue ERC1400 security tokens that are secured and can adapt to the requirements of the issuer. It ensures that project owners can set rules on jurisdiction and how their security tokens can be transferred to avoid litigation. Present and Past Status of Polymath (POLY) In the last 24 hours, the price of Polymath (POLY) has decreased by 1.56%. The current price of POLY at the time of writing is $0.3411. The trading volume of Polymath (POLY) moved from $26,692,711 on May 3rd to $29,652,435 presently. This represents 11% increase in the past 24 hours. Hence, investors can still reverse the present trend with their increased buying pressure. In the past seven days, the price of Polymath (POLY) has decreased by 11.84% after it traded at $0.3836 on April 27th, and closed at $0.3430 on May 3rd. The trading volume of Polymath (POLY) moved from $29,230,760 on April 27th to $26,692,711 on May 3rd. This represents 8.68% decrease in the past 7 days. Hence, investors can reverse the present trend by increas...

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