It’s true that Polymath was a great disappointment for investors in 2019. POLY price went down from $0.142220 on January 1st 2019 to $0.000001 on December 31 2019. However, it is worth monitoring our Polymath price prediction algorithm: Polymath might still have investment potential if not short term in 2020, then long-term. If you look for good return in 3 to 5 years, POLY might be the coin to watch closely now.
The current Polymath price is $0.021509, its circulating supply is 443 707 568 POLY. Our algorithm predicts that based on historical data Polymath price will be at $0.047822 in 1 week and $0.056028 in 1 month. Our deep learning algorithm predicts the POLY price will be at $0.080372 in 6 months. Analysis of the cryptocurrency market shows that Polymath price may reach $0.177896 by 1st of January 2021 driven by the potential interest from large institutional investors and more regulation expected in the field of digital currencies. The system predicts that POLY will stay around $0.160433 in 2020, $0.177896 in 2021, $0.187807 in 2022, $0.215473 in 2023 and $0.239648 in 2024.
While creating the Polymath prognosis our script has revealed strong fluctuations during the last 180 days. The highest possible predicted price in 180 day period is $0.080372 and lowest possible predicted price is $0.060651.
The current market dynamics creates the impression that investors' interest in cryptocurrency market has faded away, which may not be the case. Cryptocurrencies that truly deliver value will not vanish, they will continue to grow – and Polymath has the potential to stay within "survivors" team. Our Polymath short-term and long-term prediction charts will help you choose the right entry time and create a proper exit plan.
Keep a close look on our Polymath Price Prediction Forecast Tool to get daily, weekly, monthly and yearly Polymath forecast updated daily. You can also check other cryptocurrency price prediction here.
What is the current price of Polymath (POLY)?
The current price of Polymath is $0.021509.
What is the current market capitalization of Polymath (POLY)?
The current market capitalization of Polymath is $9 543 803.
What will be the price of Polymath (POLY) Tomorrow?
Our algorithm forecasts that the price of Polymath will reach $0.043394 tomorrow.
In 1 year from now what will 1 Polymath be worth?
As per the forecast and algorithmic analysis, the the price of 1 Polymath will be around $0.160433.
Is it profitable to invest in Polymath (POLY)?
The investment period is the number 1 decisive factor here. Based on last year price data the system would put "With Caution" investment status for Polymath (POLY) as a short term investment. Polymath can get a "Profitable" investment status based on our prediction algorithm with long term investment horizon of 3 to 5 years.
Will Polymath be growing in the Future?
Polymath is potentially one of the most profitable among digital coins.
How high can the Price of Polymath go?
Our algorithm forecasts that the price of Polymath will reach $0.239648 by 2023.
Is Polymath (POLY) flashing a "Buy" signal now?
Yes, our algorithm predicts it's the right time to buy Polymath now.
POLY has been very dull during these last 3 months, especially after a dip that occurred at the end of September. After that, the price action has been nothing but dull, moving sideways for almost a month and a half. I have been trading in the POLY/BTC pair for quite a while before dumping this coin altogether. I hope I didn't make a mistake because POLY has been quite active and profitable before this fall.
It is evident that no one is particularly interested in a fundamental solution offered by Polymath, confirmed by its insignificant market capitalization of $12,6 million and the fact that the project has been around for almost three years. Nevertheless, the coin is being traded on a number of exchanges and showcases a respectable trading volume of $5 million per day. But it is still the type of cryptocurrency which you would want to trade only if you are acquainted with a team member who can share some future plans and developments. Otherwise, it would be more like gambling.
Although Polymath develops a product that could be of use to many blockchain-related businesses that intend to issue the securities tokens, the capabilities of this team are very limited, mainly because their overall market capitalization amounts to a mere $12 million. It's impossible to deliver a game-changing product while having such weak financial showings. This reflects on the overall position of POLY in global rankings. Right now, the coin is ranked 285th on CoinMarketCap, and will unlikely to ever go higher.
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