Polkadot (DOT) price today is $ 7.53 with a 24-hour trading volume of $ 368.15M, market cap of $ 11.46B and market dominance of 0.2993%. The Polkadot (DOT) price changed 4.17% in the last 24 hours. Polkadot (DOT) price in US dollars is changed by 2.19% over the last 1 year. Over the past year, Polkadot (DOT) has changed by 25% against Ethereum and 58% against Bitcoin. Polkadot (DOT) total volume is now $ 368.15M, 0.009616% of the total cryptocurrency market volume in the last 24 hours.
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Live Polkadot (DOT) Price Chart & Market Cap
Polkadot is a groundbreaking blockchain protocol designed to enhance cross-chain interoperability. The current DOT (Polkadot) price today is essential for both investors and enthusiasts to monitor its market performance. Polkadot's market cap is a key indicator of its overall standing within the cryptocurrency market. The price chart reveals real-time movements, offering insights into the potential trends and Polkadot DOT price prediction.
Polkadot Price Live Data
| Polkadot Price The price of DOT is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 7.53 | ATH The ATH is the highest price DOT has reached since its launch, indicating its peak market value. $ 54.98 | Circ. Supply Circulating Supply is the total number of DOT tokens currently available and trading in the market. 1 522 267 060.00 |
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Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating DOT tokens, similar to a stock’s market capitalization. $ 11 459 564 668.00 |
ATH Date The ATH Date is the specific day when DOT achieved its highest market price. 2021-11-04 00:00:00 | Total Supply Total Supply is the total amount of DOT tokens that exist, including both circulating and non-circulating tokens. 1 522 267 060.00 |
| 24H Volume 24H Volume shows the total trading volume of DOT across all tracked platforms in the last 24 hours. $ 368 149 360.00 | ATL The ATL is the lowest price DOT has ever reached, showing its minimum market value. $ 2.70 | Max Supply Max Supply is the maximum number of DOT tokens that will ever exist, as defined by its protocol. 0 |
| Platform DOT runs on the Polkadot blockchain, indicating its underlying technology. Polkadot | ATL Date The ATL Date marks when DOT recorded its lowest market price. 2020-08-20 00:00:00 | |
| Release Date The Release Date is when DOT was officially introduced to the public market. |
| Polkadot Price The price of DOT is calculated in real-time by aggregating data from multiple exchanges using a global volume-weighted average, reflecting the most accurate market value. $ 7.53 |
Market Cap
Market Cap = Current Price × Circulating Supply
It represents the total market value of all circulating DOT tokens, similar to a stock’s market capitalization. $ 11 459 564 668.00 |
24H Volume 24H Volume shows the total trading volume of DOT across all tracked platforms in the last 24 hours. $ 368 149 360.00 | Platform DOT runs on the Polkadot blockchain, indicating its underlying technology. Polkadot | Release Date The Release Date is when DOT was officially introduced to the public market. | ATH The ATH is the highest price DOT has reached since its launch, indicating its peak market value. $ 54.98 | ATH Date The ATH Date is the specific day when DOT achieved its highest market price. 2021-11-04 00:00:00 | ATL The ATL is the lowest price DOT has ever reached, showing its minimum market value. $ 2.70 | ATL Date The ATL Date marks when DOT recorded its lowest market price. 2020-08-20 00:00:00 | Circ. Supply Circulating Supply is the total number of DOT tokens currently available and trading in the market. 1 522 267 060.00 | Total Supply Total Supply is the total amount of DOT tokens that exist, including both circulating and non-circulating tokens. 1 522 267 060.00 | Max Supply Max Supply is the maximum number of DOT tokens that will ever exist, as defined by its protocol. 0 |
Polkadot’s live data offers accurate and up-to-the-minute pricing information, which is crucial for traders making swift decisions. Real-time data allows users to track the price of Polkadot across different exchanges and understand its fluctuations. DOT (Polkadot) has surged by significant margins in the past, highlighting its dynamic growth potential.
Global Polkadot (DOT) Prices
Polkadot prices can vary across different regions and exchanges. Tracking Global DOT (Polkadot) Prices is vital for identifying arbitrage opportunities and understanding market trends. Differences in pricing can be influenced by local demand, transaction fees, and platform liquidity.
What Is the Value of 1 Polkadot Today?
The value of 1 DOT is continuously changing due to market supply and demand. As of today's Polkadot price, 1 DOT can range significantly depending on the current market conditions. It is advisable to regularly check updates on exchanges to stay informed of real-time value changes.
- DOT/USD 7.53
- DOT/EUR 7.33
- DOT/GBP 6.19
- DOT/AUD 12.16
- DOT/CNY 55.14
- DOT/INR 651.50
- DOT/JPY 1 176.80
- DOT/KRW 10 951.40
- DOT/TRY 266.75
- DOT/PLN 31.21
- DOT/BRL 45.61
- DOT/RUB 770.78
Overview of Polkadot (DOT)
Polkadot is an open-source multichain protocol that connects multiple blockchains into a unified network, enhancing interoperability and security. Launched by the Web3 Foundation, it allows for the creation of parachains and decentralized applications (dApps). Polkadot's native token, DOT, is used for governance, staking, and bonding, making it integral to the ecosystem's operation.
Unique Features of DOT
The primary features of Polkadot include interoperability, shared security, and scalability. These attributes make it one of the most innovative platforms in the blockchain space. Polkadot facilitates cross-chain communication, enabling the seamless transfer of any type of data or asset between blockchains.
Historical Price Trends for Polkadot
Polkadot's price history reflects its volatile nature, with several peaks and troughs over time. DOT (Polkadot) has surged to its highest price during specific periods, driven by market sentiment and major developments within the ecosystem. Its historical high is often analyzed to predict future performance, while its historical low offers insight into buying opportunities.
Polkadot (DOT) Supply and Distribution
Polkadot has a flexible supply mechanism where tokens are constantly generated and destroyed to maintain the network's integrity. The circulating supply of DOT plays a role in determining the token's value, and changes in the total supply directly impact the market price.
Market Cap Details for Polkadot
Polkadot's market cap is calculated by multiplying the current price of Polkadot by its circulating supply. A high market cap reflects Polkadot's dominance in the crypto space, while lower values might indicate bearish trends. Monitoring cryptocurrency market cap is essential for gauging long-term investment potential.
Understanding Polkadot's Value
The value of Polkadot is determined by its use cases, demand, and the utility it provides to developers and investors. Polkadot's ability to enable interoperability between blockchains enhances its value as a critical infrastructure for the decentralized web. Its performance within the market is also tied to the success of projects developed on its parachains.
Mining Polkadot: Key Insights
Unlike traditional mining, Polkadot uses a staking mechanism called Nominated Proof of Stake (NPoS) to secure the network. Participants can stake their DOT tokens to support validators and earn rewards in return. This system reduces energy consumption compared to proof-of-work mining and encourages decentralization.
How to Set Up a Polkadot Wallet
A Polkadot wallet is essential for safely storing, sending, and receiving DOT tokens. There are several wallet options available, ranging from hardware wallets like Ledger to software wallets that integrate with Polkadot's decentralized applications. It is crucial to choose a secure wallet for managing DOT assets to avoid any risks.
Polkadot - FAQ
Polkadot is a decentralized platform that connects various blockchains, allowing them to operate together efficiently. It solves the issue of blockchain fragmentation by enabling seamless interoperability. This multi-chain network ensures that transactions can be spread across numerous blockchains simultaneously, offering a scalable solution.
To purchase Polkadot DOT, users can create an account on major exchanges like Binance, Kraken, or Coinbase. After verification, they can deposit fiat or cryptocurrency, and exchange it for DOT. The process is straightforward and requires the use of a wallet to store the tokens securely.
Polkadot's innovative technology and strong development community suggest long-term growth potential. However, as with any cryptocurrency, there is risk involved. Risk analysis should be conducted to assess the best entry points based on Polkadot's historical low and market performance.
Yes, users can profit from Polkadot through trading, staking, and long-term holding. DOT staking offers a passive income opportunity as users earn rewards by participating in the network's security process. Additionally, fluctuations in Polkadot's value create trading opportunities.
To convert Polkadot to cash, users can sell their DOT tokens on cryptocurrency exchanges. After completing the sale, they can withdraw funds to their bank account. Some exchanges also offer direct withdrawal options to debit cards or third-party services.
Polkadot employs a robust security mechanism, including its NPoS consensus algorithm, to ensure network security. While no system is entirely immune to attacks, Polkadot's design minimizes potential vulnerabilities. Keeping DOT tokens in a secure wallet further protects them from external threats.
Polkadot is legal in most jurisdictions, although the regulatory landscape around cryptocurrencies is still evolving. It is recommended to check the legality of Polkadot in specific regions before engaging in transactions or investments.
Polkadot is generally considered a utility token rather than a security. Its primary function is to facilitate governance, staking, and bonding within the Polkadot network, distinguishing it from traditional securities that represent ownership in a company.
DOT
Polkadot
$7.53
4.17% Last 24h
$7.53
4.17% Last 24h