Polkadot (DOT) Hits Self Reported Market Capitalization of $8.63 Billion

Polkadot (DOT) traded down 2.9% against the US dollar during the 1-day period ending at 8:00 AM Eastern on January 31st. In the last seven days, Polkadot has traded up 3.7% against the US dollar. Polkadot has a total market cap of $8.63 billion and approximately $196.00 million worth of Polkadot was traded on exchanges in the last day. One Polkadot coin can now be purchased for about $6.75 or 0.00015837 BTC on cryptocurrency exchanges.

Here’s how related cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded down 4% against the dollar and now trades at $0.33 or 0.00000785 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 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 down 0.1% against the dollar and now trades at $0.0121 or 0.00000028 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 0.2% higher against the dollar and now trades at $0.0082 or 0.00000019 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Polkadot

Polkadot was first traded on August 18th, 2020. Polkadot’s total supply is 1,405,959,755 coins and its circulating supply is 1,278,899,253 coins. Polkadot’s official website is polkadot.network. Polkadot’s official message board is medium.com/polkadot-network. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. The Reddit community for Polkadot is https://reddit.com/r/dot and the currency’s Github account can be viewed 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 presently possible to buy alternative cryptocurrencies such as Polkadot directly using US dollars. Investors seeking to trade Polkadot should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Polkadot using one of the exchanges listed above.

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