Polkadot (DOT) Trading 10% Higher This Week

Polkadot (DOT) traded 5.2% lower against the U.S. dollar during the twenty-four hour period ending at 12:00 PM E.T. on April 24th. Polkadot has a market capitalization of $10.12 billion and $237.45 million worth of Polkadot was traded on exchanges in the last day. In the last week, Polkadot has traded 10% higher against the U.S. dollar. One Polkadot coin can now be purchased for about $7.05 or 0.00010888 BTC on popular exchanges.

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

• KILT Protocol (KILT) traded down 6.2% against the dollar and now trades at $0.32 or 0.00000491 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 1.9% higher 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 flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.1% lower against the dollar and now trades at $0.0089 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polkadot Profile

Polkadot was first traded on August 18th, 2020. Polkadot’s total supply is 1,436,941,058 coins. 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. Polkadot’s official website is polkadot.network. 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.”

Buying and Selling Polkadot

It is usually not possible to purchase alternative cryptocurrencies such as Polkadot directly using US dollars. Investors seeking to acquire Polkadot should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. 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