Polimec (PLMC) Project Overview and Operational Status
Polimec (PLMC) protocol was previously dedicated to providing a decentralized, community-driven financing framework aimed at fostering the development of the Web3 ecosystem. However, according to official announcements, Polimec has declared that it will cease all commercial activities by August 2025 and gradually wind down operations thereafter. This decision has fundamentally impacted the market activity and future development of the PLMC token.
PLMC Token Issuance and Supply
The total issuance and maximum supply of Polimec (PLMC) tokens are both set at 100,000,000 PLMC. This fixed supply is intended to provide stability for the token's economic model.
Circulating Supply and Market Data
Regarding the circulating supply of PLMC, data aggregation platforms show varying situations:
- CoinMarketCap (CMC) data as of October 17, 2026, indicates a "self-reported circulating supply" of 63,764,950 PLMC. However, CMC also explicitly states that its team has not verified the project's circulating supply data.
- Other platforms like Kriptomat show the circulating supply as "N/A" (not applicable), while Token Terminal lists Polimec as "Archived. Project no longer active" and does not explicitly provide a circulating supply figure.
In terms of market capitalization, CoinMarketCap on the same day showed its self-reported market cap as $0, while Token Terminal displayed a recent circulating market cap of approximately $76.4K. The current price of PLMC token is approximately $0.000803 (as of October 17, 2026). Given that the project has announced the cessation of operations, these data reflect a significant decline in its market activity.
Token Functionality and Market Status
According to Polimec's official knowledge base and early announcements, PLMC tokens were designed for various functions, including protocol governance, staking, and as rewards for evaluators. These functions aimed to incentivize community participation and maintain the decentralized nature of the protocol.
However, with the project's announcement to cease operations, the utility and market demand for PLMC tokens have been severely impacted. Currently, the trading market for this token is almost depleted, lacking effective transactions. Investors considering any related operations must verify the latest prices and project information on market platforms like Svmuu and fully understand its high-risk nature.
