Polymath ; Security tokens : ( #POLYBTC analysis)Security tokens, start here: #Polymath provides technology to create, issue, and manage digital securities on the blockchain.
❇️coinmarketcap data:
(Rank #188
kind: Token
On 20,192 watchlists
Market Cap: $203,036,120
Fully Diluted Market Cap: $334,952,251
Volume24h: $4,541,743 -66.32%
Volume / Market Cap:0.02245
Circulating Supply:610,331,538 POLY
Total Supply: 1,000,000,000)
What Is🌟 Polymath (POLY)🌟?
Polymath is a decentralized Ethereum project built with the goal of making it easier to create and manage security tokens. The ST-20 Polymath standard (ERC1400) allows users to embed regulatory requirements into the tokens themselves to restrict trading to verified participants, simplifying the challenges of creating a security token. Over 220 tokens have been created using the Polymath platform .
❇️Who Founded Polymath?
Polymath was founded by Trevor Koverko. After starting his career at Wall Street and Silicon Valley, Trevor Koverko became involved in the blockchain community and financed projects such as Ethereum, EOS and Shapeshift. In 2017, Koverko co-founded Polymath. He is an investor at Lumenix, Royalty Exchange, ShapeShift and Block.one.
refrences: coinmarketcap - polymath.network
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✅TECHNICAL ANALYSIS
polymath price is trading at around $0.33 .
Because according to the previous analysis, we guessed that until end of the year, the general trend of bitcoin is probably bullish and it is better to increase the number of our bitcoins, so I decided to analysis the pair of POLLYBTC ; As you can see in the weekly time frame chart , this currency pair has reached the floor and has been close to its demand zone and support area , and it is expected that in a few sharp moves until the end of the year, it will reach to own past ATH . The yellow, orange, and red areas are the resistance levels , that if passed,they'll become
support Levels .
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button if you like it
