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Polkadot

DOT

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Market

Market stats

Market cap

$13.6B

Volume (24h)

$272.3M

Circulating supply

1.4B DOT

Typical hold time

91 days

Popularity

#13

All time high

$55.13

Price change (1h)

+0.22%

Price change (24h)

+0.75%

Price change (7d)

+3.42%

About Polkadot

Polkadot is a protocol that enables cross-blockchain transfers of any type of data or asset. By uniting multiple blockchains, Polkadot aims to achieve high degrees of security and scalability. DOT serves as the protocol’s governance token and can be used for staking to secure the network or to connect (“bond”) new chains.

Polkadot (DOT) is an open-source multichain protocol that seeks to connect and secure a network of specialized blockchains. It aims to facilitate the cross-chain transfer of any data or asset types, not just tokens, striving to make blockchains interoperable with each other. Polkadot is known as a layer-0 metaprotocol because it underlies and describes a format for a network of layer 1 blockchains known as parachains. As a metaprotocol, Polkadot has the ability to update its own codebase via on-chain governance according to the will of its token holder community. The Polkadot protocol seeks to connect public and private chains, permissionless networks, oracles, and future technologies, allowing these independent blockchains to trustlessly share information and transactions through the Polkadot Relay Chain.

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Social

Some highlights about Polkadot on social media

1,805 unique individuals are talking about Polkadot and it is ranked #47 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Polkadot has an average sentiment score of 3.1 out of 5. Finally, Polkadot is becoming more newsworthy, with 0 news articles published about Polkadot. This is a 0% increase in news volume compared to yesterday.

On Twitter, people are mostly neutral about Polkadot. There were 8.71% of tweets with bullish sentiment compared to 1.5% of tweets with a bearish sentiment about Polkadot. 89.79% of tweets were neutral about Polkadot. These sentiments are based on 666 tweets.

On Reddit, Polkadot was mentioned in 39 Reddit posts and there were 76 comments about Polkadot. On average, there were more upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.

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Overview

Contributors

1,805 people

Volume rank

#47

Average Sentiment

3.1 out of 5

Twitter

Reddit

Posts

39

Comments

76

Post Score

2,672

Comment Score

2,012

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Polkadot is on the rise this week.

The price of Polkadot has increased by 0.22% in the last hour and increased by 0.75% in the past 24 hours. Polkadot’s price has also risen by 3.42% in the past week. The current price is $9.54 per DOT with a 24-hour trading volume of $272.27M. Currently, Polkadot is valued at 82.70% below its all time high of $55.13. This all-time high was the highest price paid for Polkadot since its launch.

The current circulating supply of Polkadot is 1,426,876,639.413 DOT which means that Polkadot has as total market cap of 1,426,876,639.413.

FAQ

What is the current price of Polkadot?

We update our Polkadot to USD currency in real-time. Get the live price of Polkadot on Coinbase.

What is the market cap of Polkadot?

The current market cap of Polkadot is $13.62B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Polkadot?

The all-time high of Polkadot is $55.13. This all-time high is highest price paid for Polkadot since it was launched.

What is the 24 hour trading volume of Polkadot?

Over the last 24 hours, the trading volume of Polkadot is $272.27M.

What other assets are similar to Polkadot?

Assets that have a similar market cap to Polkadot include USDC, Cardano, Avalanche, and many others. To see a full list, see our comparable market cap assets.

How many Polkadot are there?

The current circulating supply of Polkadot is 1.4 billion.

What is the typical holding time of Polkadot?

The median time that Coinbase customers hold Polkadot before selling it or sending it to another account or address is 91 days.

What is the relative popularity of Polkadot?

Polkadot ranks 26 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Polkadot?

Currently, 98% of Coinbase users are buying Polkadot. In other words, 98% of Coinbase customers have increased their net position in Polkadot over the past 24 hours through trading.

Can I buy Polkadot on Coinbase?

Yes, Polkadot is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Polkadot guide.

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