Polkadot 24-Hour Volume Reaches $205.65 Million (DOT)

Polkadot (DOT) traded 2.5% higher against the US dollar during the 1-day period ending at 12:00 PM ET on March 19th. During the last week, Polkadot has traded up 20.7% against the US dollar. Polkadot has a market capitalization of $5.95 billion and approximately $205.65 million worth of Polkadot was traded on exchanges in the last 24 hours. One Polkadot coin can currently be bought for approximately $6.58 or 0.00023486 BTC on major cryptocurrency exchanges.

Here is how related cryptocurrencies have performed during the last 24 hours:

• KILT Protocol (KILT) traded 7.4% lower against the dollar and now trades at $0.40 or 0.00001424 BTC.
• Aidi Finance (BSC) (AIDI) traded down 0% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 1.6% higher against the dollar and now trades at $0.0693 or 0.00000250 BTC.
• CareCoin (CARES) traded 1.6% higher against the dollar and now trades at $0.0860 or 0.00000310 BTC.
• OmniaVerse (OMNIA) traded 6.8% lower against the dollar and now trades at $0.0011 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded up 1.6% against the dollar and now trades at $102.79 or 0.00371065 BTC.
• FEG Token (FEG) traded 1.6% higher against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• QANplatform (QANX) traded up 1.6% against the dollar and now trades at $7,471.04 or 0.26970295 BTC.
• Hokkaidu Inu (HOKK) traded 0.7% higher against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• Lego Coin (LEGO) traded down 7.9% against the dollar and now trades at $0.0164 or 0.00000059 BTC.

Polkadot Coin Profile

Polkadot launched on August 18th, 2020. Polkadot’s total supply is 1,293,989,240 coins and its circulating supply is 904,869,778 coins. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. Polkadot’s official message board is medium.com/polkadot-network. The Reddit community for Polkadot is https://reddit.com/r/dot and the currency’s Github account can be viewed here. Polkadot’s official website is polkadot.network.

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.”

Buying and Selling Polkadot

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

DOT/USD price chart by TradingView