Polkadot (DOT) Trading 0.3% Higher This Week

Polkadot (DOT) traded 3% lower against the dollar during the 1 day period ending at 8:00 AM ET on February 22nd. One Polkadot coin can now be bought for about $5.10 or 0.00005267 BTC on cryptocurrency exchanges. Polkadot has a market capitalization of $7.91 billion and approximately $326.08 million worth of Polkadot was traded on exchanges in the last day. During the last week, Polkadot has traded up 0.3% against the dollar.

Here’s how other cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 6% lower against the dollar and now trades at $1.04 or 0.00001075 BTC.
• 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 down 2.2% 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.
• SolvBTC (SOLVBTC) traded down 2.3% against the dollar and now trades at $96,571.66 or 0.99732672 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.2% lower against the dollar and now trades at $96,085.04 or 0.99230128 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Polkadot Profile

Polkadot’s launch date was August 18th, 2020. Polkadot’s total supply is 1,551,209,048 coins. Polkadot’s official website is polkadot.com. 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 currently possible to purchase alternative cryptocurrencies such as Polkadot directly using US dollars. Investors seeking to trade Polkadot should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Polkadot using one of the exchanges listed above.

DOT/USD price chart by TradingView