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Understand the POLYX issuance price and total issuance volume in one article
The native token of the Polymesh blockchain, POLYX, was issued in 2019 at $0.0125 USD, and as of [insert date], its market price has risen to $0.32 USD.
Nov 20, 2024 at 10:22 pm
POLYX Issuance Details: Understanding the Price and Volume
1. POLYX Issuance Price
POLYX is a native token of the Polymesh blockchain, specifically designed for security tokenization. POLYX was issued through an initial coin offering (ICO) in 2019 with an issuance price of:
- $0.0125 USD
2. POLYX Total Issuance Volume
The total issuance volume of POLYX is limited to 1 billion tokens. Of this amount, 40% was sold during the ICO, with the remaining 60% allocated to various purposes, such as:
- Ecosystem development
- Team allocation
- Foundation reserves
- Strategic partnerships
3. Current Market Price
As of [insert date], the current market price of POLYX is $0.32 USD, according to CoinMarketCap. This represents a significant increase from its ICO price.
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