Why Polkastarter (POLS) crypto’s trading volume surged over 150%?

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Why Polkastarter (POLS) crypto’s trading volume surged over 150%?

 Why Polkastarter (POLS) crypto’s trading volume surged over 150%?
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Highlights:

  • Polkastarter (POLS) is a decentralized fundraising platform. 
  • Its native token POLS is used for utility services and governance. 
  • The platform has a scheduled 'Poolside with Polkastarter' session on July 7, 2022. 

Polkastarter (POLS) token rose on Wednesday ahead of its July 7 'Poolside with Polkastarter' discussion session, which will also reward participants. 

The Polkastarter community and industry experts will hold the discussions live on Twitter Spaces. The live session will later be converted into podcast episodes. Its last Poolside session themed 'The Future of NFTs' was held on July 1.

Thursday’s discussion will be on “The Future of NFT Marketplaces”. The POLS token jumped 4.39% to US$0.5221 at 7:12 am ET on Wednesday ahead of the event.

The participants will be rewarded with On-Chain Achievement Tokens (OATs) powered by Project GalaxyHQ. The first 300 participants will receive NFTs as a token of appreciation.  

What does Polkastarter (POLS) do?

Polkastarter is a decentralized fundraising platform on the Ethereum blockchain. Early-stage blockchain startups commonly use the platform to raise capital and distribute tokens.

Polkastarter aims to become a multichain platform where users can participate in IDOs or NFT sales on multiple chains, including Ethereum, BNB, Avalanche, Polygon, and Celo.  

The platform became popular after it went live in 2020. Since its launch, it has helped secure funds for 109 projects and raised US$48.7 million in funding.  

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POLS token:

Its native token POLS is used for utility services, such as paying transaction fees, participating in exclusive POLS holder-only pools, liquidity mining, and governance. 

With 33,889 token holders, POLS’ current market capitalization is US$51.5 million. 

Its trading volume spiked 158.53% to US$11.57 million in the last 24 hours, with a circulating supply of US$98.7. The total supply of POLS tokens is 100 million. 

Exchanges that offer this token include Binance, MEXC, OKX, and Phemex. 

Bottom line:

The Polkastarter token is ranked 351 by market capitalization on Coinmarketcap.

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