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Price has increased by 57.00% in the last 1 year.
Polkadot is currently trading 7.87% above the 200-Day SMA which is $6.34.
The 14-Day Relative Strength Index (RSI) is at 62.69 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
The number of green days in the last 30 days is 20 which is 67%.
Released 2 Years Ago on Aug,18 2020.
The circulating supply has yet to be published.
Has high liquidity with 0.04680 volume to market cap ratio. The current market cap is $7.92B while the 24-hour volume is $370.86M
Polkadot price today is $6.86 USD, which is Down by -0.26% over the last 24 hours. There has been an hourly Rise by 0.25%. Polkadot's market cap currently sits at $7,924,814,309.12 USD, holding up for a market cap rank at #12. The volume were at $370,858,480.47 USD Polkadot ranks no 12 in the market capitalization of Polkadot is at $7,924,814,309.12 and its volume for 24 hours is $370,858,480.47. Polkadot are under circulation, with total supply of 1.28B and the Maximum supply of 0.
Polkadot(DOT) considers a top-ten native cryptocurrency globally and sharding on the Ethereum network. It has joined the top rank since the year 2020. It was successful and come under the best investment category 2021. Polkadot(DOT) is a next-generation blockchain protocol that links variously specialized blockchains into a unified network, including public permission-less networks and oracles and many more.
Polkadot was developed as an open source project supported by a vast foundation called Web3 Technology. The foundation has done by Gavin Wood, the co-founder of Ethereum and the founder of Polkadot. Accompany with Peter Czaban & Robert Habermeier in the year 2016. Gavin Wood was the first CTO of Ethereum token and a former research scientist at Microsoft. He was a computer programmer too.
Polkadot aims to improve the transaction between public and private blockchains. It is a vast ecosystem that wants secure & effective transactions.
Polkadot is becoming more dominant day by day. The reason is profitable projects. Some of them have been built since 2018. Cryptocurrencies traders and prominent investors say that 2021 is the best time to invest in Polkadot because some previous projects, like (Testnet) are doing well and showing tremendous performance. Therefore, it is also coming with a massive projects list—these projects are diversified across various industry sectors.
Polkadot has enough unique quality to stand along with other coins. If we consider its design, it endures two types of blockchain technology: the Relay Chain termed leading network & Parachains called user-created networks. Both technologies have their quality. Relay chains focus on transactions and Parachains used to customize the uses and add them to the main blockchain.
These unique designs mainly apply when the security has a concern. This design allows the transaction to keep maintained and protected.
All in all, Polkadot keeps records private because the transaction is safe and data is not sharable. The reason is the blockchain technology structure followed by Polkadot. There is a main four component that comes under the uniqueness of this coin.
Bridges: It is an essential feature of the bridge. This rule allows us to connect part thread and para-chain to communicate with the network as Bitcoin does. By using the bridge, you can increase operability.
The rank of Polkadot is not been studied but it ranked under the top-ten native currencies consistently. It has continued under the radar by traders and investors. According to the market records, (Currently value) coins in circulation and the overall market cap is 34.59 Billion. The 24 hours volume is approximately 1.11 Billion.
If you are thinking to invest in cryptocurrency, Then this coin should be in your portfolio for sure.
Today, we have many options to purchase crypto, including DOT. Many exchanges provide profitable deals. But buying from trustable exchanges is a different thing.
I am listing down some exchanges below where you can start investing.
The current Polkadot price is $6.86. In the last 24 hours, Polkadot price has gone up by -0.26%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Polkadot price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Polkadot at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging DOT against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Polkadot can be earned or received in various ways. DOT considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the DOT, including DOT to PHP, DOT to INR, DOT to NGN, DOT to THB, DOT to CAD, DOT to PKR, DOT to IDR , DOT to EUR , DOT to AUD , DOT to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 DOT is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can compare and check any crypto pairs like AGIX to DOT, FET to DOT, OXAI to DOT, SAND to DOT, GRT to DOT, JASMY to DOT, CAKE to DOT, LUNC to DOT.
The current price of the Polkadot(DOT) is $6.86, with a current market cap $7,924,814,309.12.
DOT is a ticker symbol of the Polkadot.
At the movement,1.15B Polkadot tokens are already in the market out of 1.28B DOT.
No, It is not a stablecoin.
Polkadot had an all-time low of $2.69.
Polkadot had an all-time low of $2.69.
Polkadot was created on 18 August 2020.
No, the Polkadot (DOT) coin cannot be mined.
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