Polygon: Sandeep Urges 100M POL Burn

Polygon CEO Sandeep Nailwal urged the community to trigger a burn of 100 million POL tokens from contract 0x455e53cbb86018ac2b8092fdcd39d8444affc3f6, equal to roughly 1% of supply, after the token turned deflationary this year.

With POL price at $0.1 testing lower Bollinger support while both EMA50 and EMA200 sit at $0.1 and MACD registers a death cross, the RSI at 39.49 points to neutral momentum that could precede a measured bounce in any POL price prediction tied to quarterly burns.