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DOT to EUR price today is €8.80, which is Down by -1.72% over the last 24 hours. There has been an hourly Rise by 0.50%. Polkadot's market cap currently sits at €8,694,353,762.93 EUR, holding up for a market cap rank at #11. The volume were at €687,013,484.73 EUR Polkadot ranks no 11 in the market capitalization of Polkadot is at €8,694,353,762.93 and its volume for 24 hours is €687,013,484.73. Polkadot are under circulation, with total supply of 1.1B 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 to EUR price is €8.80. In the last 24 hours, DOT to EUR price has gone up by -1.72%. 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.
There are many altcoins in the market, and investors need to clear out how altcoin differs from Polkadot and what it can offer by comparing all altcoins with Polkadot(DOT). Some are StaFi vs Polkadot, ImageCash vs Polkadot, Crypviser vs Polkadot, ARTH [polygon] vs Polkadot, Last Survivor vs Polkadot, FantasyToken vs Polkadot, GreenPower vs Polkadot, Bankroll Network vs Polkadot, Martian DAO vs Polkadot, Lobis vs Polkadot.
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