Key Statistics
- Market Capitalization: [Data not provided]
- Volume/Market Cap Ratio: [Data not provided]
About Polkadot
Polkadot is a next-generation blockchain platform introduced in 2020, often referred to as a "layer-zero" blockchain due to its ability to support an entire ecosystem of interconnected blockchains. Its unique parachain protocol enables seamless data exchange between otherwise incompatible cryptocurrencies.
Founded by Gavin Wood (former Ethereum CTO and the coiner of the term "Web3" in 2014), Polkadot embodies decentralized Web3 principles. Its native token DOT serves three core functions:
- Staking: For network security and consensus.
- Governance: Voting on protocol upgrades.
- Bonding: Connecting DOT tokens to new parachains.
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Technical Indicators Summary
Oscillators
- Sentiment: Neutral
- Signal: Sell/Buy
- Intensity: Strong Sell ➔ Strong Buy
Moving Averages
- Sentiment: Neutral
- Signal: Sell/Buy
- Intensity: Strong Sell ➔ Strong Buy
Historical price trends for DOT/USD indicate recurring patterns.
Frequently Asked Questions
What is the current price of Polkadot (DOT)?
As of the latest data, DOT trades at $3.329 USD, down −1.44% in 24 hours.
👉 Track live DOT price movements
What is Polkadot’s 24-hour trading volume?
DOT’s 24-hour volume stands at $160.88M USD.
How has Polkadot performed recently?
- 1-week change: −2.05%
- 1-month change: −17.88%
- 1-year change: −47.36%
What is Polkadot’s all-time high price?
DOT peaked at $55.134 USD on November 4, 2021.
Where can I buy Polkadot (DOT) safely?
Reputable exchanges like Binance, Coinbase, and Kraken offer DOT trading. Always verify broker credentials before transacting.
Is Polkadot a reliable investment?
Like all cryptocurrencies, DOT is subject to high volatility (currently 2.99%). Conduct thorough research and consider technical ratings:
- Short-term (1-week): Sell signal
- Mid-term (1-month): Sell signal
How can I discuss Polkadot with others?
Engage with the community via TradingView’s public chats or idea comment sections.
Pro Tip
Use TradingView’s Crypto Heatmap to visualize market trends and identify emerging opportunities.