Polymesh (POLYX) 24-hour amplitude reaches 52.1%: Trading volume surges over 8000%, triggering sharp volatility
Bitget Pulse2026/03/18 03:36Volatility Brief
In the past 24 hours, POLYX price rebounded from a low of $0.0422 to a high of $0.0642, currently trading at $0.0495, with an amplitude of 52.1%. Trading volume surged to $143 million - $168 million, a 8604%-9248% increase from the previous period, with the market ranking rising to 358-403.
Analysis of Abnormal Movements
• 24-hour trading volume skyrocketed by over 8000%, directly amplifying price volatility; under low liquidity, this often triggers sharp price swings.
• Driven by the RWA (Real World Assets) sector’s popularity, POLYX, as a blockchain focused on regulated assets, has gained attention, with 24-hour volatility reaching 55.8%.
No official announcements, on-chain whale large transactions, or significant net capital inflow data have been recorded.
Market Perspective and Outlook
83% of the community sentiment is bullish, with traders focusing on the $0.0412-$0.0452 support zone and $0.0668 resistance, regarding it as a short-term trading opportunity. X discussions emphasize the RWA narrative and Story Protocol’s potential connection, but the short-term is mainly dominated by bears, so caution is advised if support levels break.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring and is for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Microsoft (MSFT.US) 365 services experience second major outage this year, affecting multiple government agencies and enterprises worldwide
Despite a "partial recovery," the latest Microsoft service outage continued into Asia-Pacific business hours.
Nvidia (NVDA.US) New CEO Candidates and Market Predictions: Trump Nominates Cook as Successor
As the successor remains uncertain, external voices have already begun to "make choices" for Nvidia.
Safe haven halo fails? US Treasury sell-off returns, Wall Street just breathed a sigh of relief and is startled again
Just as global bond investors began to believe that the worst phase of this year's sell-off had passed, the surge in U.S. Treasury yields has forced them to reassess that judgment.
Before the Jensen Huang scandal broke out, the Quant King precisely cleared out Nvidia!
The latest 13F filing shows that quantitative giant Renaissance Technologies almost completely sold off its holdings in Nvidia (reduced by 99.7%), Meta (reduced by 99.9%), as well as other tech giants like Apple and Amazon in the third quarter, and significantly reduced its position in Palantir. At the same time, it heavily increased its holdings in Micron Technology (up by 618.7%), AMD, and SanDisk, as well as other storage and chip stocks.
Crypto prices
More
