Polkadot Reaches Self Reported Market Cap of $6.52 Billion (DOT)

Polkadot (DOT) traded 3.4% lower against the US dollar during the 24-hour period ending at 17:00 PM E.T. on November 17th. Over the last seven days, Polkadot has traded 1.1% lower against the US dollar. Polkadot has a market capitalization of $6.52 billion and $256.85 million worth of Polkadot was traded on exchanges in the last day. One Polkadot coin can currently be purchased for about $5.23 or 0.00014319 BTC on major cryptocurrency exchanges.

Here is how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded up 4.3% against the dollar and now trades at $0.42 or 0.00001150 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 2.2% lower 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.
• OmniaVerse (OMNIA) traded down 1.6% against the dollar and now trades at $0.0008 or 0.00000002 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded up 0% against the dollar and now trades at $0.0049 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.8% against the dollar and now trades at $0.0086 or 0.00000023 BTC.

Polkadot Profile

Polkadot’s genesis date was August 18th, 2020. Polkadot’s total supply is 1,378,882,473 coins and its circulating supply is 1,246,621,971 coins. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. Polkadot’s official website is 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 message board is medium.com/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.”

Polkadot Coin Trading

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

DOT/USD price chart by TradingView