The pollen coin price is a topic that requires careful distinction, as there are at least two distinct cryptocurrencies using a “Pollen” designation, each with its own ticker symbol and market performance. This article provides a comprehensive overview of the current status of both Pollen (POLLEN) and Pollen (PLN), offering essential data for anyone researching the pollen coin price.
Understanding the Two Pollen Coins
A common point of confusion when researching the pollen coin price is the existence of two separate projects: one identified by the ticker POLLEN and another by PLN. This distinction is critical because their values, market capitalization, and trading volumes differ significantly. This article breaks down the specifics for each.
Pollen (POLLEN) Overview
Pollen (POLLEN) is the more prominent of the two, with a higher market capitalization and trading volume. Its current pollen coin price reflects recent market movements and broader cryptocurrency trends.
Current Market Data for Pollen (POLLEN)
- Current Price: $0.007938
- 24-Hour Trading Volume: $20,620.52
- Price Change (24 hours): -14.85%
- Price Change (7 days): -21.15%
- Market Cap: $941,666
- Rank: #4182 on CoinGecko
- All-Time High (ATH): $0.07581
- All-Time Low (ATL): $0.005456
- Circulating Supply: 120 Million POLLEN
- Fully Diluted Valuation (FDV): $3,330,831
The pollen coin price for POLLEN has experienced downward pressure recently, with significant declines over both the 24-hour and 7-day periods. The market capitalization indicates its current standing relative to other cryptocurrencies. The Fully Diluted Valuation (FDV) provides a theoretical market cap if the maximum supply of tokens were in circulation.
Trading and Liquidity for Pollen (POLLEN)
Pollen (POLLEN) tokens can be acquired and exchanged on decentralized exchanges (DEXs). According to CoinGecko, Kodiak V3 is identified as the most popular exchange for buying and trading POLLEN. Decentralized exchanges operate without a central authority, allowing peer-to-peer cryptocurrency transactions. This often means users maintain greater control over their assets.
Pollen (PLN) Overview
Pollen (PLN) represents a different project entirely. Its market presence and activity are considerably smaller compared to Pollen (POLLEN). The pollen coin price for PLN reflects this lower level of activity.
Current Market Data for Pollen (PLN)
- Current Price: $0.00007416
- 24-Hour Trading Volume: $3
- Price Change (24 hours): Negligible
- Price Change (7 days): Negligible
- Market Cap: $6,582
- Rank: #11045
- All-Time High (ATH): $1.60
- All-Time Low (ATL): $0.00003684
- Circulating Supply: 88,711,186 PLN
The pollen coin price for PLN is significantly lower, and its trading volume is minimal, indicating very limited market activity. Its market capitalization is also substantially smaller, placing it much lower in cryptocurrency rankings. The vast difference between its All-Time High and current price highlights the extreme volatility and potential for significant decline in less active cryptocurrencies.
Trading and Liquidity for Pollen (PLN)
Similar to Pollen (POLLEN), Pollen (PLN) is traded on decentralized exchanges. CoinGecko indicates that LFJ is the most popular platform for buying and trading PLN. The extremely low trading volume suggests that finding liquidity for larger trades might be challenging on this platform.
Factors Influencing Pollen Coin Price
The pollen coin price for both POLLEN and PLN is subject to various factors common to the cryptocurrency market. These include:
- Market Sentiment: Overall market mood, whether bullish or bearish, significantly impacts crypto prices. Positive news or widespread adoption can drive prices up, while regulatory concerns or negative sentiment can cause declines.
- Trading Volume: Higher trading volume generally indicates greater liquidity and interest in a coin, which can lead to more stable or predictable price movements. Low volume, as seen with PLN, can lead to extreme price swings with minimal trades.
- Project Development: The progress of the underlying project, including partnerships, technological advancements, and community engagement, can influence investor confidence and, consequently, the pollen coin price.
- Supply and Demand: The fundamental economic principle applies. If demand for a coin outstrips its available supply, the price will likely increase. Conversely, excess supply with low demand will depress the price.
- Exchange Availability: The number and reputation of exchanges where a coin is listed can affect its accessibility and liquidity. Broader availability on reputable platforms can increase interest and trading.
- Macroeconomic Factors: Broader economic conditions, such as inflation rates, interest rates, and global economic stability, can indirectly influence the cryptocurrency market.
Important Considerations for Cryptocurrency Research
When examining the pollen coin price or any cryptocurrency, several critical practices are necessary to mitigate risks and make informed decisions.
Due Diligence (DYOR)
Cryptocurrency prices exhibit high volatility. It is crucial to conduct your own thorough research (DYOR) before making any investment decisions. This involves:
- Understanding the Project: Investigate the whitepaper, the development team, the use case, and the technology behind the coin. Does the project address a real problem? Is the team credible?
- Analyzing Market Data: Look beyond just the current price. Examine historical price performance, trading volumes, market capitalization trends, and circulating supply.
- Community and Social Media: Observe the activity and sentiment within the project’s community on platforms like Telegram, Discord, and Twitter. A vibrant and engaged community can be a positive sign.
- Competitor Analysis: Evaluate how the project compares to similar cryptocurrencies in the market. What are its unique selling propositions?
- Risk Assessment: Understand the potential risks involved, including technological risks, market risks, regulatory risks, and security risks.
Exchange Usage and Security
Both Pollen (POLLEN) and Pollen (PLN) are primarily traded on decentralized exchanges. While DEXs offer advantages, users must be proficient in managing their own digital assets.
- Reputable Exchanges: Ensure you use reputable exchanges. For DEXs, this means understanding the underlying smart contracts and the liquidity pools.
- Wallet Security: Protect your digital assets by using secure wallets. This includes:
- Strong Passwords: Create unique, complex passwords for all your crypto accounts.
- Two-Factor Authentication (2FA): Enable 2FA on all exchanges and wallets where available. This adds an extra layer of security.
- Secure Storage of Seed Phrases: Your seed phrase (or recovery phrase) is the master key to your cryptocurrency. Store it offline, in multiple secure locations, and never share it with anyone.
- Hardware Wallets: For larger holdings, consider using a hardware wallet (e.g., Ledger, Trezor) to store your cryptocurrency offline, providing enhanced security against online threats.
- Phishing Awareness: Be vigilant against phishing attempts. Always double-check URLs and sender identities before clicking links or providing personal information.
Conclusion
The pollen coin price today highlights the existence of two distinct digital assets: Pollen with the ticker POLLEN, and Pollen with the ticker PLN. POLLEN exhibits higher market activity and a larger market capitalization, currently priced at $0.007938. PLN, conversely, has minimal trading volume and a significantly lower price of $0.00007416.
Anyone researching the pollen coin price must first identify which specific token they are interested in. Regardless of the token, the principles of thorough research, understanding market dynamics, and robust security practices remain paramount in the volatile cryptocurrency market.
What is the price prediction for Pol coin in 2040?
From my experience, Polygon Ecosystem Token price prediction by 2040
Based on your prediction that Polygon Ecosystem Token will change at a rate of 5% every year, the price of Polygon Ecosystem Token would be $0.27 in 2026, $0.32 in 2030, $0.41 in 2035, and $0.53 in 2040.
What is the pollen currency?
I can help with that. Pollen is a digital currency that operates on a decentralized network known as blockchain. It offers a decentralized and secure way to transact and store value, making it an attractive option for many individuals and businesses.