Monday, May 6, 2024
by Hideo Nakamura
Rank #16
Polkadot (DOT)

Polkadot DOT

$ 7.31
0.00011384 BTC
Marketcap
$ 9,928,441,063
Volume (24h)
$ 199,318,350
Circulating Supply
1,360,421,053 DOT
Total Supply
1,441,370,186 DOT
All time high price: $ 54.98 86.70%
All time high date: November 4, 2021
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* Currency in USD
Historical Price for Polkadot
DateOpenCloseHighLowVolume
Polkadot Markets
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DOT

Polkadot (DOT) price has increased 3.50% today!

Polkadot (DOT) is a cryptocurrency that operates on a blockchain. Currently, it is trading at $ 7.31 and a market capitalization of $ 9,928,441,063. The price of Polkadot has increased 3.50% in the last 24 hours. Currently, Polkadot ranks #16 among all cryptocurrencies by market capitalization and has a daily trading volume of $ 199,318,350.

Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology.

Polkadot is heterogeneous because it is entirely flexible and makes no assumption about the nature or structure of the chains in the network. Even non-blockchain systems or data structures can become parachains if they fulfill a set of criteria. Watch this video to learn about Polkadot blockchain ecosystem.

Polkadot may be considered equivalent to a set of independent chains (e.g. a set containing Ethereum, Ethereum Classic, Namecoin and Bitcoin) except with important additions: pooled security and trust-free interchain transactability.

Many of the native parachains of Polkadot will be written using a Polkadot Runtime Environment SDK (e.g. Parity Technologies’ Substrate). Read this article to learn about Polkadot parachain auctions.

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