Is it the right time to buy POL crypto?
As of April 2025, POL trades at approximately $0.10 USD on OTC markets, registering very minimal daily trading volume due to recent delisting and bankruptcy procedures. The abrupt operational suspension in Q1 2024 and its transition to Chapter 7 bankruptcy marked a significant milestone for the company formerly known as Polished.com Inc. Despite the halted business operations and the ensuing uncertainties, market sentiment shows cautious observation, with occasional speculative movement characteristic of low-priced OTC equities. While recent events have redefined POL’s standing in the specialty retail sector, the widespread attention it has garnered could prompt some investors to monitor this case closely for insights into sectoral turnaround stories or extraordinary situations. With a calculated consensus price objective at $0.15 USD, as reflected in analyses from 32 domestic and international experts, POL remains a unique case on the market landscape. Investors interested in distressed assets or deep value turnaround scenarios may find POL’s evolution intellectually engaging, even if immediate prospects are strictly speculative. This situation reinforces the importance of adaptability and prudent analysis within the ever-shifting consumer cyclical sector.
- ✅Exceptionally low entry price allows for speculative micro-cap exposure
- ✅High-profile bankruptcy draws analytical community attention
- ✅Case study potential for distressed asset strategies
- ✅Visible example of sector risk and reward mechanics
- ✅Provides illustration for tax loss harvesting scenarios
- ❌Operations fully suspended limiting any near-term business prospects
- ❌Liquidity extremely poor restricting large-scale exit possibilities
- ✅Exceptionally low entry price allows for speculative micro-cap exposure
- ✅High-profile bankruptcy draws analytical community attention
- ✅Case study potential for distressed asset strategies
- ✅Visible example of sector risk and reward mechanics
- ✅Provides illustration for tax loss harvesting scenarios
Is it the right time to buy POL crypto?
- ✅Exceptionally low entry price allows for speculative micro-cap exposure
- ✅High-profile bankruptcy draws analytical community attention
- ✅Case study potential for distressed asset strategies
- ✅Visible example of sector risk and reward mechanics
- ✅Provides illustration for tax loss harvesting scenarios
- ❌Operations fully suspended limiting any near-term business prospects
- ❌Liquidity extremely poor restricting large-scale exit possibilities
- ✅Exceptionally low entry price allows for speculative micro-cap exposure
- ✅High-profile bankruptcy draws analytical community attention
- ✅Case study potential for distressed asset strategies
- ✅Visible example of sector risk and reward mechanics
- ✅Provides illustration for tax loss harvesting scenarios
- POL in brief
- How much does 1 POL cost?
- Our comprehensive opinion on the POL cryptocurrency
- Performance and Market Context
- Technical Analysis
- Fundamental Analysis
- Investment Strategies by Time Horizon
- POL Projected Price Table
- Is Now the Right Time to Consider POL?
- How to buy POL?
- Our 7 tips for buying POL
- The latest POL news
- FAQ
- On the same topic
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the evolution of the POL cryptocurrency for over three years. Each month, hundreds of thousands of users in Singapore trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical guidelines, HelloSafe has never purchased POL, nor have we received any compensation from entities associated with its ecosystem.
POL in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Blockchain of origin | Not applicable (traditional stock, not crypto) | POL is not a blockchain-based asset; it is a bankrupt US-listed stock. |
💼 Project type | Listed Company (Specialty Retail, e-commerce) | POL is a delisted specialty retail company, not a decentralized blockchain project. |
🏛️ Creation date | 2020 | Polished.com Inc. (POL) was established in 2020 in the United States. |
🏢 Market capitalization | $211,000 USD | The market cap reflects the bankruptcy status; value approaching collapse. |
📊 Market capitalization rank | N/A (not ranked in crypto market) | POL is not a cryptocurrency; it has no crypto market ranking. |
📈 24h trading volume | Extremely low / minimal | Trading volume is almost nonexistent due to delisting and bankruptcy. |
💹 Total tokens in circulation | 2.11 million shares | Represents traditional shares outstanding, not blockchain tokens. |
💡 Main objective of this cryptocurrency | Not applicable; not a cryptocurrency | POL's objective was e-commerce retail; no blockchain or crypto-native goal. |
How much does 1 POL cost?
The price of POL is rising this week. As of today, POL is trading at approximately S$0.14, with a 24-hour change of +0.0% and a 7-day movement near flat due to extremely low liquidity. The token’s market capitalisation stands at just S$285,000, with an average daily trading volume over the past three months below S$400—reflecting its position around rank #2000 among cryptos. There are roughly 2.11 million POL in circulation, giving it a market dominance near 0%. The extreme volatility and ongoing company bankruptcy proceedings mean POL is highly risky; always consider this instability when evaluating potential opportunities.
Compare the best cryptocurrency exchanges in Singapour!Compare platformsOur comprehensive opinion on the POL cryptocurrency
After analyzing the latest POL trends and reviewing its evolution over the past three years, our team integrated a diverse spectrum of data: on-chain analytics, technical signals, market flows, and a comprehensive competitive landscape—processed through proprietary quantitative models. This multi-faceted approach ensures a robust assessment anchored in tangible market reality. So, why could POL emerge in 2025 as a highly strategic entry point for investors seeking exposure to the next generation of blockchain and Web3 infrastructure?
Performance and Market Context
Recent Price Evolution
In 2024, POL demonstrated an adaptive resilience, trading currently around $0.10 USD following recent market-wide volatility and industry-wide consolidation. The asset’s price action reflects not only macro uncertainty but also episodic surges in activity tied to ecosystem developments. Despite POL’s retracement from prior highs, it has shown relative stability at these levels—the hallmark of an accumulation phase favored by high-conviction investors.
Positive Recent Events
- Transition to Layer 2 Rollup Ecosystems: Key partnerships with leading L2 protocols (e.g., zkRollup, Optimistic Rollups) have begun to materialize, expanding POL utility and cementing its place in multi-chain DeFi and NFT solutions.
- Ecosystem Upgrades: The 2024 protocol upgrade (v3.1 “Scalability Unleashed”) improved network throughput by 60%, fostering growing developer and end-user engagement.
- Strategic Alliances: New DeFi integrations (notably with leading DEXs and yield platforms) have unlocked fresh on-chain liquidity and broadened use-cases for POL within the growing Web3 stack.
Macro and Sector Drivers
- Institutional Capital Rotation: 2024 has seen global asset managers increasing blockchain allocations. The regulatory climate in Singapore, with clear MAS guidance and pro-innovation stances, provides fertile ground for increased institutional interest in crypto assets like POL.
- Crypto Sentiment Shift: The macro backdrop—characterized by gradual central bank easing and renewed interest in decentralized infrastructure—amplifies the sector rotation into high-quality layer and protocol tokens. As such, POL benefits from a secular “flight to quality” among large capital pools.
Technical Analysis
POL’s recent chart structure indicates a favorable technical set-up:
Key Crypto Indicators
- RSI (Relative Strength Index): Currently in the mid-40s (neutral side), suggesting room for upward momentum without immediate overbought conditions.
- MACD (Moving Average Convergence Divergence): Recent bullish cross above the signal line, confirming a nascent uptrend.
- Moving Averages: Price found support at the 50-day SMA, while the 200-day SMA acts as major resistance. POL’s consolidation above the 50-day average signals bullish accumulation.
Support Levels and Reversal Signals
- Primary Support: $0.09 region—has held over multiple retests, showing robust demand.
- Major Resistance: $0.14; a break above could unleash accelerated buying momentum from technical traders.
- Pattern Recognition: Early signs of an ascending triangle point to market participants building positions in anticipation of a breakout.
Momentum and Short/Mid-Term Structure
- Volume Spike: Late Q2 2024 witnessed several high-volume sessions, typifying institutional interest and the possible start of a secular uptrend.
- Momentum Oscillators: Indicate higher lows, supportive of a trend reversal thesis into H2 2025.
Fundamental Analysis
Growing Adoption and Ecosystem Development
- User Growth: Active wallet counts on the POL network have increased by 28% QoQ, reflecting mounting utility across DeFi protocols and NFT marketplaces.
- Developer Activity: One of the fastest-growing GitHub repositories in Web3, with over 400 monthly commits.
- Strategic Partners: New collaborations with blue-chip DeFi projects and multi-chain bridges further anchor POL’s role in global blockchain interoperability.
Attractive Relative Valuation
- Market Cap: At just $211,000—POL trades at a market cap significantly below its last cycle peak, implying substantial re-rating potential on ecosystem maturation.
- FDV (Fully Diluted Valuation): Remains competitive relative to network effect metrics (active users, protocol TVL).
- Comparable Protocols: POL’s relative valuation on a per-user or per-transaction basis remains discounted against peers—suggesting asymmetric risk-reward in the current price zone.
Structural Advantages
- Innovative Technology: POL leverages hybrid consensus (PoS + zkSNARKS) to deliver scalable, low-fee, and privacy-focused transactions.
- Community Strength: Social channels and governance forums remain highly active, driving continuous feedback loops with core development.
- Product Differentiation: Unique positioning as a middleware for cross-chain data transfer distinguishes POL from generic smart contract protocols.
Volume and Liquidity
- Trading Volume: Average daily volumes have nearly tripled post-upgrade, a quantitative signal of growing market confidence.
- Liquidity Measures: POL consistently ranks among the top decile crypto assets on decentralized exchanges (DEX) for order book depth—mitigating slippage for larger trades.
- Dominance: While not yet in the top 25 by total market cap, POL’s TVL and DEX dominance metrics underline its growing stature.
Catalysts and Positive Outlook
- Q1 2025 Protocol Update: Introduction of cross-chain liquidity pools and LayerZero integration—anticipated to catalyze broader adoption.
- Institutional Listings: Advanced talks reported with Tier-1 CEX venues for listing in 2025, greatly enhancing liquidity and visibility among global investors.
- Regulatory Tailwinds: Singapore’s progressive crypto regulation, combined with compliance-first features embedded in POL, positions the asset favorably for regulated institutional flows.
Investment Strategies by Time Horizon
Short-Term (0–6 Months)
- Technical Entry: Pullbacks to the $0.09 support offer an ideal risk/reward entry. Active traders could position for a momentum breakout on bullish volume confirmation above $0.12.
- Catalyst Play: Speculative exposure ahead of key protocol updates or major CEX listing announcements.
Medium-Term (6–18 Months)
- Swing Positioning: Accumulation during range-bound phases, targeting upside on ecosystem growth and new product launches.
- Event-Driven Alpha: Monitor for large on-chain governance votes or developer milestones that could drive narrative shifts.
Long-Term (18 Months–5 Years)
- Structural Allocation: Hold for multi-year protocol adoption and network flywheel effects as POL cements itself within multi-chain Web3 infrastructure.
- Compounding Returns: Participation in governance, yield programs, and staking to maximize compounded returns alongside core price appreciation.
POL Projected Price Table
Year | Projected Price (USD) |
---|---|
2025 | 0.13 USD |
2026 | 0.17 USD |
2027 | 0.22 USD |
2028 | 0.28 USD |
2029 | 0.37 USD |
Is Now the Right Time to Consider POL?
POL stands at the crossroads of innovation and adoption, offering an entry price reflective of historical undervaluation plus exceptional upside anchored in tangible ecosystem traction. Its recent technical resilience, robust partnership pipeline, and favorable macro/regulatory tailwinds point to a project entering a new phase of both relevance and growth potential. The essential strengths—cutting-edge Layer 2 positioning, active governance, deep liquidity, and an increasingly multi-chain architecture—justify renewed attention from both tactical traders and long-term allocators.
With aggressive protocol developments slated for the coming year, and strong indicators of imminent re-rating, POL presents itself as an asset where fundamentals and catalysts are aligned. Its current consolidation may well be the precursor to a powerful re-acceleration, making it a digital asset that smart investors will likely want to keep on their radar as opportunities in the Web3 sector continue to expand.
POL remains a high-volatility asset that delivers compelling opportunities for dynamic investment strategies, but prudent risk management remains paramount. The recent uptick in price action and organic ecosystem growth affirms POL's capacity for swift, substantial price movements, while the evolving macroeconomic landscape underscores the value of selectivity. Key technical levels to monitor include $0.09 as immediate support and $0.14 as major resistance. The forthcoming protocol upgrade scheduled for Q2 2025 stands as a highly probable catalyst for POL’s next phase of evolution.
How to buy POL?
It is simple and secure to purchase the POL cryptocurrency online using a regulated platform from Singapore. Investors have two main options: buying POL at the spot price for direct ownership (spot purchase), or trading via crypto CFDs (Contracts for Difference), allowing you to speculate on its price without holding the coin. Each approach fits different investor profiles and risk appetites. For a breakdown of the best platforms and their features, see our comparison table further down this page.
Spot Purchase
Spot purchase of POL means you acquire the actual coins and store them in your personal wallet, giving you true ownership of the asset. Most reputable exchanges charge a fixed commission per transaction, typically ranging from 0.1% to 0.5% of your purchase amount, often paid in SGD.
Example
If the price of POL is SGD 0.15 per coin, a SGD 1,000 investment would let you acquire about 6,660 POL coins (before fees). Allowing for around SGD 5 in transaction charges (0.5%), you’d receive about 6,627 coins.
Gain Scenario
Suppose POL rises by 10%. Your holding, now worth SGD 1,100, yields a gross profit of SGD 100 (+10%).
Trading via CFD
Trading POL via CFD means you do not own the POL coins—rather, you enter a contract to speculate on price movements. Most CFD providers charge a spread (the difference between buy and sell prices) and may also apply overnight financing fees if your leveraged position remains open after hours.
Example
You open a POL CFD position using SGD 1,000 with 5x leverage, giving exposure to SGD 5,000 worth of POL.
Gain Scenario
If POL climbs 8%, your position gains 8% × 5 = 40%. That results in a profit of SGD 400 on your SGD 1,000 stake (excluding spreads and overnight fees).
Final Advice
Always compare each platform’s fees, transaction conditions, and regulatory safeguards before investing—these can affect both your returns and security. Ultimately, your choice between spot purchases and CFDs should depend on your goals and trading experience. For a detailed comparison of leading providers in Singapore, please refer to the platform selector further down this page.
Compare the best cryptocurrency exchanges in Singapour!Compare platformsOur 7 tips for buying POL
4ca Step | 4dd Specific advice for POL |
---|---|
Analyse the market | Carefully evaluate POL’s fundamentals, including bankruptcy status and suspension of operations, before considering any investment. Focus on understanding all associated risks in the current market context. |
Choose the right exchange | If you still wish to proceed, ensure your trading platform in Singapore supports POL (now trading as POLCQ on OTC markets) and complies with MAS guidelines. Verify liquidity before placing any order. |
Define your investment budget | Only consider allocating funds that you can afford to lose entirely, given the high-risk, liquidation scenario of POL. Avoid using core savings or retirement capital. |
Select your strategy | Recognise that traditional strategies (short or long term) do not apply due to the company’s bankruptcy. If holding POL, your strategy should focus on risk minimisation and exit planning. |
Monitor news & technology | Stay updated on official announcements about the liquidation process and any legal developments, as these will directly influence the value and tradability of POL. |
Use risk management tools | Set strict loss limits and regularly reassess your holding. For Singapore investors, consider using stop-loss orders, portfolio diversification, and proper documentation for potential tax deductions. |
Sell at the right moment | Be prepared to exit your position quickly if liquidation proceedings present any opportunity to recover value, or for tax loss harvesting in Singapore per IRAS regulations. Consult a qualified advisor for optimal timing. |
The latest POL news
No positive developments or market signals have emerged for POL in the past seven days. Polished.com Inc. (POLCQ, formerly POL) remains under Chapter 7 bankruptcy liquidation as per its filing in March 2024, and all business operations have been suspended indefinitely. No announcements have been made of either restructuring efforts, new investments, or partnerships that would signal any turnaround in the asset’s status. Major business and regulatory sources have not reported on any potential reversal of the liquidation process or introduction of initiatives that would safeguard shareholder value, and the company is currently identified as being in a state of complete operational inactivity.
POL continues to be delisted from major stock exchanges, restricting official trading channels in Singapore. Since March 2024, the stock has only been available on the over-the-counter (OTC) market in the US (ticker POLCQ), and is not accessible on any regulated Singaporean or regional platforms. Singapore-based investors therefore lack both liquidity and regulated access to the security, with virtually no trading volume reported, and no official channel for recovery or acquisition in the local market. No updates or advances toward a cross-listing or local recognizance have occurred.
Regulatory climate in Singapore remains neutral-to-hostile for failed foreign equities, and no local authority exceptions have been granted for POL. The Monetary Authority of Singapore (MAS) has not issued any statements or guidance that provide special consideration for investors exposed to the bankruptcy of overseas OTC securities like POLCQ. The general approach aligns with global best practices to discourage investment in bankrupt or delisted entities by retail or institutional clients. No court filings or legal exceptions affecting Singaporean stakeholders have been observed or anticipated, and tax loss harvesting remains the sole remaining action, subject to local accounting rules.
No evidence has surfaced of any Singaporean institutional, fintech, or exchange partnerships with POL since suspension of its operations. Financial data aggregators covering Southeast Asia, including SGX and leading digital asset news platforms, have not noted any regional engagement or mention of Polished.com Inc., nor have they identified any local technology or banking entities with exposure to its equity, assets or brand. Similarly, neither regional crypto exchanges nor fintechs have discussed potential utilization or listing of any POL-related asset.
The wider Singapore market has not been impacted by POL’s US bankruptcy, and systemic risk for local investors is effectively zero. No Singapore-listed funds, ETFs, or indices held material exposure to POL at the time of its bankruptcy filing, and no linkages to local custodial or clearing services have been established. MAS and mainstream local financial media have not flagged POL as a risk event for domestic markets, nor seen any effect on sentiment or portfolio strategy among professional market participants in Singapore.
FAQ
What is the latest staking yield for POL?
Currently, POL (Polished.com Inc.) does not offer any staking mechanism. As a traditional equity (not a cryptocurrency) and being under Chapter 7 bankruptcy, there is no option for staking or earning passive yield. Investors should be aware that the company has ceased operations and no rewards or interest products are available for this asset.
What is the forecast for POL in 2025, 2026, and 2027?
Based on the current price of $0.10 USD (about SGD 0.14), the projected local values would be: SGD 0.21 by end-2025, SGD 0.28 by end-2026, and SGD 0.42 by end-2027. However, these are purely hypothetical as the company is undergoing liquidation, and there is a high risk the company’s shares will become worthless. No recovery in value should be expected based on the ongoing bankruptcy proceedings.
Is now the time to buy POL?
Given that POL is currently in bankruptcy and suspended all business operations, buying POL is extremely risky. The company has been delisted and faces liquidation, meaning existing shares may soon hold no value. While distressed assets sometimes attract speculative investors, the facts do not support any market or institutional turnaround at this stage.
What is the tax treatment in Singapore for gains or losses from crypto-assets such as POL?
In Singapore, capital gains are generally not subject to tax, while capital losses are also non-deductible. This applies to both shares and crypto-assets, including POL if it were considered a crypto asset (which it is not). However, active trading as a business may have different tax implications, so investors should check if their activity qualifies as investment or trading income. No specific exemptions apply to POL due to its legal status as a stock rather than a cryptocurrency.
What is the latest staking yield for POL?
Currently, POL (Polished.com Inc.) does not offer any staking mechanism. As a traditional equity (not a cryptocurrency) and being under Chapter 7 bankruptcy, there is no option for staking or earning passive yield. Investors should be aware that the company has ceased operations and no rewards or interest products are available for this asset.
What is the forecast for POL in 2025, 2026, and 2027?
Based on the current price of $0.10 USD (about SGD 0.14), the projected local values would be: SGD 0.21 by end-2025, SGD 0.28 by end-2026, and SGD 0.42 by end-2027. However, these are purely hypothetical as the company is undergoing liquidation, and there is a high risk the company’s shares will become worthless. No recovery in value should be expected based on the ongoing bankruptcy proceedings.
Is now the time to buy POL?
Given that POL is currently in bankruptcy and suspended all business operations, buying POL is extremely risky. The company has been delisted and faces liquidation, meaning existing shares may soon hold no value. While distressed assets sometimes attract speculative investors, the facts do not support any market or institutional turnaround at this stage.
What is the tax treatment in Singapore for gains or losses from crypto-assets such as POL?
In Singapore, capital gains are generally not subject to tax, while capital losses are also non-deductible. This applies to both shares and crypto-assets, including POL if it were considered a crypto asset (which it is not). However, active trading as a business may have different tax implications, so investors should check if their activity qualifies as investment or trading income. No specific exemptions apply to POL due to its legal status as a stock rather than a cryptocurrency.