Polkadot Price Hits $6.47 on Major Exchanges (DOT)

Polkadot (DOT) traded down 2.1% against the U.S. dollar during the one day period ending at 8:00 AM E.T. on March 19th. Polkadot has a total market capitalization of $5.86 billion and $228.39 million worth of Polkadot was traded on exchanges in the last 24 hours. One Polkadot coin can currently be purchased for about $6.47 or 0.00023648 BTC on major cryptocurrency exchanges. During the last seven days, Polkadot has traded up 17.9% against the U.S. dollar.

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

• KILT Protocol (KILT) traded 7.2% lower against the dollar and now trades at $0.41 or 0.00001486 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 2% lower against the dollar and now trades at $0.0680 or 0.00000251 BTC.
• CareCoin (CARES) traded 2% lower against the dollar and now trades at $0.0844 or 0.00000311 BTC.
• OmniaVerse (OMNIA) traded up 38.7% against the dollar and now trades at $0.0012 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded down 2% against the dollar and now trades at $100.97 or 0.00371989 BTC.
• FEG Token (FEG) traded 2% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded 3.1% lower against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded down 2% against the dollar and now trades at $7,338.91 or 0.27037433 BTC.
• Lego Coin (LEGO) traded 8.5% lower against the dollar and now trades at $0.0164 or 0.00000060 BTC.

Polkadot Coin Profile

Polkadot’s launch date was August 18th, 2020. Polkadot’s total supply is 1,293,863,968 coins and its circulating supply is 904,869,778 coins. 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. The official website for Polkadot is polkadot.network. 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 currently possible to buy alternative cryptocurrencies such as Polkadot directly using U.S. dollars. Investors seeking to trade Polkadot should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Polkadot using one of the aforementioned exchanges.

DOT/USD price chart by TradingView