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    Polkadot

    DOT

    Rank #24

    $7.24

    -14.19%
    24H Low$6.73
    $8.4824H High
    24H Volume
    $626.86 M
    All-Time High(ATH)
    $54.98
    All-Time Low(ATL)
    $2.7
    Market Cap
    $9.78 B
    Fully Diluted Valuation
    $10.34 B
    Market Cap/FDV
    94.58%
    Circulating Supply
    1.35 B DOT
    Total Supply
    1.43 B DOT
    Max Supply
    1.43 B DOT
    Market Sentiment
    Negative
    * Data from 3rd parties

    Polkadot (DOT) Price Trends

    Time period
    Change amount
    % Change
    1H
    $-0.01000
    -0.13%
    24H
    $-1.2
    -14.19%
    7D
    $-1.24
    -14.59%
    30D
    $-3.89
    -34.96%
    1Y
    $+0.7700
    +11.89%

    Credibility Indicators

    83.93

    Reliability Score

    Rank #1

    # 380

    Percentile

    TOP 5%

    Team Members

    Robert Habermeier

    Robert Habermeier

    Co-Founder

    Peter Czaban

    Peter Czaban

    Co-Founder

    Bjorn Wagner

    Bjorn Wagner

    CEO,Co-Founder

    James Cliff

    James Cliff

    COO

    Investors

    Pantera Capital

    Pantera Capital

    HashKey Capital

    HashKey Capital

    IOSG

    IOSG

    Shima Capital

    Shima Capital

    Fabric Ventures

    Fabric Ventures

    Bitscale Capital

    Bitscale Capital

    Fifth Era

    Fifth Era

    Placeholder Ventures

    Placeholder Ventures

    Live Polkadot (DOT) Price Update

    Polkadot price today is $7.24 with a 24-hour trading volume of $626.86 M, and as such Polkadot has a market cap of $9.78 B, giving it a market dominance of 0.37%. The Polkadot price moved -14.19% in the last 24 hours.

    Polkadot reached its highest price on 2021-11-04 when it was trading at its all-time high of $54.98, while its lowest price was recorded on 2020-08-20 when it was trading at its all-time low of $2.7. The current lowest price since the last cycle high was $2.7, and the highest price since the last cycle low was $54.98. The social sentiment of Polkadot is currently Positive.

    The current circulating supply of Polkadot is $1.35 B DOT. In terms of market cap, Polkadot is currently ranked 24.

    About Polkadot (DOT)

    The Polkadot community voted to split the dot 100 times. This is a dot that has been split 100 times. Polkadot will realize a completely decentralized Internet, and users have complete control. Its vision of the Internet is that everyone's identity and data are controlled by themselves - not affected by any central authority. Polkadot aims to connect private chain, alliance chain, public chain, open network and Oracle, as well as future technologies that have not been created. Polkadot provides convenience for the Internet. Independent blockchains can exchange information and transactions without trust through Polkadot's relay chain. Polkadot makes it easier than ever to create / connect decentralized applications, services and institutions. By empowering innovators to build better solutions, we seek to save society from relying on broken networks, and its huge institutions cannot infringe on our trust.

    FAQs

    1. What determines the price movement of Polkadot?

    There are two schools of thought in determining the price of Polkadot.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Polkadot, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Polkadot from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Polkadot on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Polkadot as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Polkadot and the cryptocurrency market as a whole.

    Polkadot Tokenomics

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    Polkadot Analysis

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-12
    $11.01 B
    317.09 M DOT
    $7.69
    N/A
    2024-04-11
    $12.02 B
    273.86 M DOT
    $8.39
    $7.69
    2024-04-10
    $12.28 B
    297.7 M DOT
    $8.58
    $8.39
    2024-04-09
    $12.93 B
    271.46 M DOT
    $9.03
    $8.58
    2024-04-08
    $12.33 B
    178.61 M DOT
    $8.61
    $9.03
    2024-04-07
    $12.16 B
    184.13 M DOT
    $8.49
    $8.61
    2024-04-06
    $12 B
    156.07 M DOT
    $8.39
    $8.49
    2024-04-05
    $12.14 B
    227.94 M DOT
    $8.49
    $8.39