Polkacity (POLC) Price Prediction

Deep Dive

1. Project-specific catalysts

POLC’s tokenomics create persistent sell pressure - 200M tokens (80% of total supply) are allocated to platform rewards with quarterly releases. The team’s 10M tokens began unlocking in May 2025 at 5% monthly, adding ~500K POLC ($399 at current prices) to circulating supply each month.

No development updates since Q3 2021 marketplace launch raise concerns about project viability. The roadmap’s multi-chain expansion and AR NFT features remain undelivered, limiting utility beyond speculative trading.

2. Technical outlook

Price sits 81% below its 200-day EMA ($0.00446) with critical Fibonacci resistance at $0.00137 (78.6% retracement). The 50-day SMA ($0.00216) aligns with the $0.00235 pivot point - a 194% rally from current levels needed to break this zone.

RSI 14 at 58.99 shows neutral momentum despite the 75% weekly crash, suggesting potential for dead-cat bounces. However, MACD’s -0.000148 signal line indicates bearish control, with any rallies likely meeting sell orders at $0.00098 (23.6% weekly Fib).

3. Market & competitive landscape

POLC’s $151K market cap ranks it #3,217 on CMC, making it vulnerable to delisting risks on its primary exchanges (KuCoin, Gate.io). The NFT marketplace sector has shifted focus to Ethereum L2s and Solana, with POLC’s 2021-era architecture appearing outdated.

Turnover ratio of 8.61 signals extreme volatility - typical of microcaps, but combined with 36,175 holders (up just 0.02% YoY), it suggests weak organic demand beyond wash trading.

Conclusion

POLC’s trajectory hinges on reversing its supply glut and demonstrating renewed development activity, but current metrics suggest high risk of continued depreciation. With altcoin season index at 28/100 favoring Bitcoin, what catalysts could realistically reignite buyer interest in this legacy NFT project?