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Polkamarkets

POLK

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Polkamarkets is not available for trading on the Coinbase Exchange, but is supported on Coinbase Wallet

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Market

Market stats

Market cap

$2.1M

Volume (24h)

$155,827.90

Circulating supply

97.4M POLK

All time high

$4.15

Price change (1h)

-0.24%

Price change (24h)

+2.57%

Price change (7d)

-10.05%

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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.

Polkamarkets is on the decline this week.

The price of Polkamarkets has fallen by 10.05% in the past 7 days. The price increased by 2.57% in the last 24 hours. In just the past hour, the price shrunk by 0.24%. The current price is $0.0211 per POLK. Polkamarkets is 99.49% below the all time high of $4.15.

The current circulating supply is 97,352,569.614 POLK.

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About

What Is Polkamarkets (POLK)?

Polkamarkets is a decentralized finance platform. According to its whitepaper, Polkamarkets is a Polkadot-powered prediction market. According to the platform’s website, Polkamarkets is an autonomous prediction market that is built as a multiple blockchain information exchange platform. The users on the platform can take part in real-world events and earn incentives.

There is a space for prediction markets between decentralized finance and information exchange that is yet to be explored. A prediction market is a place where users and traders can leverage their past, present, and future knowledge to forecast a specific event or an outcome based on a real-world incident. According to the whitepaper, the existing prediction markets suffer from key problems such as lack of liquidity and markets, lack of traders, and confusing and duplicate needs. The platform aims to solve the issues by incentivizing such liquidity providers and traders to take a prominent position in the market. The platform also seeks to maintain a system for curation and resolution that intends to ensure efficient and trustworthy markets.

The users can participate in real-life events like e-sports, the future of a cryptocurrency, political events, and much more. Users can take part by forecasting the result and earning incentives. Such users can also create their events and let other users participate. The platform also supports live streaming of esports events and the crypto price market. A user can also participate in the live chat or in the virtual event in an online community. The platform also supports NFT technology and provides badges for achievement to access the exclusive marketplace.

POLK is the native cryptocurrency of the Polka markets platform. Users can earn POLK in various ways. A user can earn POLK by providing liquidity to the Polka markets. The trading fees on the polka markets are provided to the liquidity providers. Users can also mine POLK, which seeks to be introduced soon.

History of Polkamarkets (POLK)

The platform got launched during the first and second quarters of 2021. Primarily, the platform was found on the Ethereum network. The platform shifted from Ethereum to the Polkadot blockchain. The team includes Ricardo Marques (CEO), Francisco Lourenco (CMO), and Henrique Caiano (product advisor). The total supply of POLK tokens is one hundred million coins.

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Reading List

News

Bitcoin Magazine • Sep 20, 23

Bitcoin vs Ethereum: A Culture War Rooted in First Principles

Willem Schroe, founder of Botanix Labs, discusses the reasons why his company is working on a decentralized second layer to bring the Ethereum Virtual Machine (EVM) to Bitcoin.

Read more

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BeInCrypto • Sep 20, 23

Axie Infinity (AXS) Price In Recovery Mode - But Will it Last?

Axie Infinity (AXS) holders fiercely defended the $4 support level last week. Can investors avoid another bearish reversal? Axie Infinity (AXS) holders fiercely defended the $4 support level last week. Can investors avoid another bearish reversal?

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CoinDesk • Sep 20, 23

The Protocol: Ethereum Struggles With Sprawl as Optimism Airdrops $27M

Last week marked the one-year anniversary of Ethereum’s historic “Merge” – the shift to a more energy-efficient proof-of-stake network. But in some ways the largest smart-contract blockchain has become a victim of its own success: Staking is so popular that the number of network validators is mushrooming toward 1 million, introducing new concerns related to the sprawl. We discuss how Ethereum developers are addressing the issue with the EIP-7514 proposal.

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CoinDesk • Sep 20, 23

MakerDAO’s MKR Nears 16-Month High as Whales Accumulate, Crypto Hedge Fund Sets Bullish Price Target

Maker (MKR), the governance token of decentralized finance (DeFi) lender MakerDAO, is nearing its highest price since last May, buoyed by rising protocol profits and large investors accumulating the token.

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The Block • Sep 20, 23

a16z crypto leads $3.6 million seed round for Freatic’s information markets protocol

Freatic aims to build a protocol that can accelerate the flow of investment information from the real world to those who can leverage it.

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CoinDesk • Sep 20, 23

Bitcoin Price May Boom in October, Could Hit $37K by Year-End: Matrixport

The world’s largest cryptocurrency generally outperforms in the fourth quarter, returning on average more than 35% over the past nine years, the report said.

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Guides

Coinbase

How to Buy Polkamarkets

You can buy Polkamarkets using Coinbase Wallet, your key to the world of crypto. We wrote a guide on how you can buy Polkamarkets using Coinbase wallet.

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FAQ

What is the current price of Polkamarkets?

We update our Polkamarkets to USD currency in real-time. Get the live price of Polkamarkets on Coinbase.

What is the market cap of Polkamarkets?

The current market cap of Polkamarkets is $2.06M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Polkamarkets?

The all-time high of Polkamarkets is $4.15. This all-time high is highest price paid for Polkamarkets since it was launched.

What is the 24 hour trading volume of Polkamarkets?

Over the last 24 hours, the trading volume of Polkamarkets is $155.83K.

What other assets are similar to Polkamarkets?

Assets that have a similar market cap to Polkamarkets include Fenerbahçe Token, Dfyn Network, ROOBEE, and many others. To see a full list, see our comparable market cap assets.

How many Polkamarkets are there?

The current circulating supply of Polkamarkets is 97 million.

Can I buy Polkamarkets on Coinbase?

Yes, Polkamarkets is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Polkamarkets guide.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.