Polkadot (DOT) Hits 24 Hour Volume of $90.94 Million

Polkadot (DOT) traded 2.8% higher against the U.S. dollar during the one day period ending at 9:00 AM Eastern on October 20th. One Polkadot coin can currently be bought for approximately $4.48 or 0.00006554 BTC on exchanges. Polkadot has a total market capitalization of $6.76 billion and $90.94 million worth of Polkadot was traded on exchanges in the last 24 hours. During the last seven days, Polkadot has traded up 7.2% against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 12.3% against the dollar and now trades at $0.0801 or 0.00000117 BTC.
• P2P Solutions foundation (P2PS) traded up 0.5% against the dollar and now trades at $171.50 or 0.00250629 BTC.

Polkadot Profile

Polkadot’s launch date was August 18th, 2020. Polkadot’s total supply is 1,507,884,072 coins and its circulating supply is 1,507,884,071 coins. The official website for Polkadot is polkadot.network. Polkadot’s official message board is forum.polkadot.network. The Reddit community for Polkadot is https://reddit.com/r/polkadot and the currency’s Github account can be viewed here. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here.

According to CryptoCompare, “Polkadot is a blockchain network that allows users to launch and operate their own blockchains, called parachains, on top of the main Polkadot blockchain, called the relay chain. The relay chain does not support smart contracts, but parachains can. This allows for a growing ecosystem of blockchains with varying features and secure transactions, all using the resources of the relay chain. Polkadot also includes bridges to allow interaction with other blockchains, such as token swaps without a centralized exchange. The native cryptocurrency, DOT, serves as the governance token, allowing holders to stake and vote on network upgrades and participate in governance. Staking DOT also yields returns and can be bonded to secure a parachain slot. The project was founded by Ethereum co-founder Gavin Wood and is overseen by the non-profit Web3 Foundation, which maintains the open-source code and allocates funds for development.”

Polkadot Coin Trading

It is usually not possible to buy alternative cryptocurrencies such as Polkadot directly using US dollars. Investors seeking to acquire Polkadot should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polkadot using one of the exchanges listed above.

DOT/USD price chart by TradingView