Polkadot Tops 24 Hour Trading Volume of $107.12 Million (DOT)

Polkadot (DOT) traded up 3.3% against the US dollar during the one day period ending at 9:00 AM E.T. on October 28th. Polkadot has a market capitalization of $6.32 billion and approximately $107.12 million worth of Polkadot was traded on exchanges in the last 24 hours. One Polkadot coin can currently be purchased for about $4.18 or 0.00006077 BTC on major cryptocurrency exchanges. Over the last week, Polkadot has traded down 6.1% against the US dollar.

Here is how other cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 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 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 2.2% higher against the dollar and now trades at $68,821.70 or 1.00071082 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.4% higher against the dollar and now trades at $68,770.40 or 0.99996486 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polkadot Profile

Polkadot launched on August 18th, 2020. Polkadot’s total supply is 1,511,175,336 coins and its circulating supply is 1,511,174,510 coins. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. The official website for Polkadot is 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 message board is forum.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 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 GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Polkadot using one of the aforementioned exchanges.

DOT/USD price chart by TradingView