Polkadot Tops 24-Hour Volume of $124.30 Million (DOT)

Polkadot (DOT) traded 3.7% higher against the U.S. dollar during the 1-day period ending at 11:00 AM Eastern on August 24th. Polkadot has a total market cap of $7.38 billion and approximately $124.30 million worth of Polkadot was traded on exchanges in the last 24 hours. One Polkadot coin can currently be purchased for $4.97 or 0.00007767 BTC on major exchanges. In the last seven days, Polkadot has traded up 14.5% against the U.S. dollar.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• 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.
• 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 13.6% higher against the dollar and now trades at $0.0611 or 0.00000095 BTC.
• P2P Solutions foundation (P2PS) traded up 3.2% against the dollar and now trades at $158.52 or 0.00247748 BTC.

About Polkadot

Polkadot’s genesis date was August 18th, 2020. Polkadot’s total supply is 1,484,720,403 coins. The official website for Polkadot is polkadot.network. Polkadot’s official message board is forum.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/polkadot 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 purchase alternative cryptocurrencies such as Polkadot directly using U.S. dollars. Investors seeking to acquire Polkadot should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. 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