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Polkadot price

Polkadot priceDOT

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Price of Polkadot today

The live price of Polkadot is $6.23 per (DOT / USD) today with a current market cap of $9.61B USD. The 24-hour trading volume is $662.15M USD. DOT to USD price is updated in real time. Polkadot is -0.03% in the last 24 hours. It has a circulating supply of 1,540,829,000 .

What is the highest price of DOT?

DOT has an all-time high (ATH) of $55, recorded on 2021-11-04.

What is the lowest price of DOT?

DOT has an all-time low (ATL) of $2.69, recorded on 2020-08-20.
Calculate Polkadot profit

Polkadot price prediction

When is a good time to buy DOT? Should I buy or sell DOT now?

When deciding whether to buy or sell DOT, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DOT technical analysis can provide you with a reference for trading.
According to the DOT 4h technical analysis, the trading signal is Strong sell.
According to the DOT 1d technical analysis, the trading signal is Sell.
According to the DOT 1w technical analysis, the trading signal is Neutral.

What will the price of DOT be in 2026?

Based on DOT's historical price performance prediction model, the price of DOT is projected to reach $7.32 in 2026.

What will the price of DOT be in 2031?

In 2031, the DOT price is expected to change by +17.00%. By the end of 2031, the DOT price is projected to reach $16.15, with a cumulative ROI of +158.94%.

Polkadot price history (USD)

The price of Polkadot is -6.90% over the last year. The highest price of DOT in USD in the last year was $11.88 and the lowest price of DOT in USD in the last year was $3.65.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h-0.03%$6.2$6.87
7d-2.81%$6.14$7.59
30d-10.48%$6.04$7.98
90d+45.91%$3.67$11.6
1y-6.90%$3.65$11.88
All-time+123.65%$2.69(2020-08-20, 4 years ago )$55(2021-11-04, 3 years ago )

Polkadot market information

Polkadot's market cap history

Market cap
$9,605,135,277.26
Fully diluted market cap
$9,605,135,277.26
Market rankings
ICO price
$0.2900 ICO details
Buy Polkadot now

Polkadot market

  • #
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  • Type
  • Price
  • 24h volume
  • Action
  • 1
  • DOT/USDT
  • Spot
  • 6.216
  • $17.11M
  • Trade
  • 2
  • DOT/USDC
  • Spot
  • 6.208
  • $68.47K
  • Trade
  • Polkadot holdings by concentration

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    Polkadot addresses by time held

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    Live coinInfo.name (12) price chart
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    Polkadot ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About Polkadot (DOT)

    What Is Polkadot?

    Polkadot (DOT) is a next-generation blockchain protocol connecting multiple specialized chains into one unified network. It was conceptualized and launched by the Web3 Foundation, a Swiss Foundation facilitating a fully functional and user-friendly decentralized web. Its creation was led by Dr. Gavin Wood, one of the co-founders of Ethereum and the inventor of its programming language, Solidity.

    Polkadot's fundamental objective is to enable blockchain networks to work together seamlessly, facilitating interoperability. While the current blockchain landscape is populated with numerous isolated blockchains operating independently, Polkadot aims to establish an internet of blockchains, where multiple chains can communicate and transact in a secure, trust-free environment.

    This innovative platform is designed to support various blockchains, ranging from public, permissionless networks, private consortium chains, oracles, and other future technological developments not yet known. Polkadot's adaptability is indicative of the platform's vision of a decentralized web, where users are in control.

    Resources

    Whitepaper: https://assets.polkadot.network/Polkadot-whitepaper.pdf

    Official website: https://polkadot.network/

    How Does Polkadot Work?

    To understand how Polkadot works, we need to be acquainted with its architecture, primarily comprising Relay Chains, Parachains, and Bridges.

    Relay Chain

    The Relay Chain is Polkadot's heart, responsible for the network's shared security, consensus, and cross-chain interoperability. It verifies and finalizes the transactions from the connected chains, ensuring the overall security of the network.

    Parachains

    Parachains are individual blockchains that run parallel within the Polkadot ecosystem. Each parachain is unique, tailored with its specific features and applications, and all of them benefit from the security provided by the Relay Chain. Parachains communicate with the Relay Chain and with each other through Cross-Chain Message Passing (XCMP).

    Bridges

    Bridges are special blockchains that link Polkadot with external networks like Ethereum or Bitcoin, ensuring the interconnectivity of chains across the blockchain sphere, not just within Polkadot.

    Polkadot's operations are orchestrated through a sophisticated consensus mechanism, employing aspects of both proof-of-stake and Byzantine fault tolerance. Validators staking the native DOT tokens are selected to produce blocks on the Relay Chain and confirm parachain transactions. Nominators, on the other hand, select trustworthy validators, helping secure the network. Other roles include Collators, who collect parachain transactions and produce proofs for validators, and Fishermen, who monitor the network and report malicious activities.

    The DOT Token

    The DOT token is the native cryptocurrency of the Polkadot network. It serves multiple purposes within Polkadot’s ecosystem, playing a crucial role in the platform's operation, governance, and security.

    Role in Network Operation

    DOT tokens are primarily used in the operation of the network. Participants can bond DOT tokens to add new parachains (parallel blockchains) or to engage in other operations. This bonding process is crucial for maintaining the network's overall security and stability.

    Role in Governance

    The DOT token has a vital role in Polkadot's on-chain governance. DOT holders have the right to vote on proposed changes to the network, including the addition of new parachains and system upgrades. This allows for a completely decentralized, democratic decision-making process where every DOT holder has a voice.

    Role in Security

    In Polkadot's ecosystem, DOT tokens are also used to incentivize good behavior through a mechanism called staking. Validators stake DOT tokens as a kind of security deposit. Those who act dishonestly or attempt to attack the network will have their stake slashed, losing a portion or all of their staked DOTs. This mechanism helps secure the network against malicious activities.

    Role in Interoperability

    Finally, the DOT token is used to facilitate interoperability across different chains. Cross-chain transactions often require a native token to process, and in Polkadot's ecosystem, DOT tokens serve this function.

    What Determines Polkadot's Price?

    The Polkadot price is influenced by a myriad of factors that contribute to its volatility and market value. One of the primary determinants of the Polkadot price today is its utility and adoption within the blockchain ecosystem. Polkadot, often hailed for its multi-chain network capabilities, facilitates cross-chain data and asset transfers. This makes it a cornerstone for interoperability in the blockchain space. Its native token, DOT, plays a crucial role in network governance, staking, and bonding processes. The more projects that build on or integrate with Polkadot, the higher the demand for DOT, which in turn affects its market cap and overall value.

    Polkadot's scalability and cross-chain functionality have attracted significant projects to its ecosystem, further driving its utility and, by extension, its price. Therefore, those interested in the Polkadot price forecast should consider these technological benefits when assessing its long-term value.

    Another significant factor in Polkadot price prediction and Polkadot price speculation is market sentiment, often influenced by news cycles, technological advancements, and macroeconomic factors. Investor behavior, reflected in Polkadot price charts and Polkadot price analysis, can be reactive to updates about network upgrades, partnerships, and staking rewards. For instance, Polkadot's inflationary monetary policy, designed to incentivize network participation, can dynamically adjust the DOT supply, affecting both short-term and long-term Polkadot price forecasts.

    If you're planning to buy Polkadot or are interested in Polkadot's future price, it's crucial to also consider external factors like regulatory news and broader market trends. These external influences can have immediate impacts on Polkadot's real-time price, commonly referred to as the Polkadot price live. Hence, a comprehensive Polkadot price update should consider both intrinsic utility and broader market sentiment to provide a well-rounded view of its current and future price.

    Conclusion

    Polkadot is more than just a blockchain protocol; it's a vision for a decentralized web where multiple blockchains co-exist and interact seamlessly. By focusing on interoperability, scalability, and a user-centric approach, Polkadot is set to become a vital part of the decentralized future of the internet. The forthcoming sections of this article will delve deeper into each of these aspects, providing a thorough understanding of Polkadot's unique architecture, features, the role of DOT token, and its decentralized governance.

    Related Articles about Polkadot

    Introduction to Polkadot (DOT)

    Polkadot Social Data

    In the last 24 hours, the social media sentiment score for Polkadot was 3, and the social media sentiment towards Polkadot price trend was Bullish. The overall Polkadot social media score was 70,031, which ranks 91 among all cryptocurrencies.

    According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Polkadot being mentioned with a frequency ratio of 0.09%, ranking 30 among all cryptocurrencies.

    In the last 24 hours, there were a total of 1,548 unique users discussing Polkadot, with a total of Polkadot mentions of 907. However, compared to the previous 24-hour period, the number of unique users increase by 12%, and the total number of mentions has increase by 26%.

    On Twitter, there were a total of 21 tweets mentioning Polkadot in the last 24 hours. Among them, 5% are bullish on Polkadot, 0% are bearish on Polkadot, and 95% are neutral on Polkadot.

    On Reddit, there were 18 posts mentioning Polkadot in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 6% .

    All social overview

    Average sentiment (24h)
    3
    Social media score (24h)
    70.03K(#91)
    Social contributors (24h)
    1.55K
    +12%
    Social media mentions (24h)
    907(#30)
    +26%
    Social media dominance (24h)
    0.09%
    X
    X posts (24h)
    21
    +200%
    X sentiment (24h)
    Bullish
    5%
    Neutral
    95%
    Bearish
    0%
    Reddit
    Reddit score (24h)
    9
    Reddit posts (24h)
    18
    +6%
    Reddit comments (24h)
    0
    0%

    How to buy Polkadot(DOT)

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    Trade DOT perpetual futures

    After having successfully signed up on Bitget and purchased USDT or DOT tokens, you can start trading derivatives, including DOT futures and margin trading to increase your income.

    The current price of DOT is $6.23, with a 24h price change of -0.03%. Traders can profit by either going long or short onDOT futures.

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    FAQ

    How does Polkadot aim to solve scalability issues faced by other blockchains?

    Polkadot uses a multi-chain architecture with a central Relay Chain and multiple Parachains. This structure allows for parallel processing of transactions across different chains, increasing the overall capacity and scalability of the network.

    What is the primary purpose of Polkadot (DOT)?

    Polkadot (DOT) serves as the native cryptocurrency of the Polkadot network, a decentralized platform designed to enable different blockchains to transfer messages and value in a trust-free fashion, aiming to make a web where independent blockchains can share information. DOT tokens have multiple uses within the ecosystem: they provide governance rights to holders, allowing them to have a say in the development and changes to the protocol; they are staked to maintain the network's security and operations; and they can be bonded to connect new chains or parachains to the Polkadot relay chain. Thus, DOT is an essential component in ensuring the smooth operation, security, and interoperability of the Polkadot ecosystem.

    What was the price of DOT during its Initial Coin Offering (ICO)?

    The DOT token was sold at an initial price of around US$30 during its ICO. However, post-ICO, there was a 100:1 redenomination, effectively making the ICO price US$0.30 per DOT under the new denomination.

    Is Polkadot a good investment?

    Polkadot (DOT) has established itself as a dominant player in the crypto sphere, securing its spot as the 12th largest by market capitalization as of August 2023. Its strong presence on premier exchanges, including Bitget, underpins its acceptance and high trading liquidity. With an ever-increasing number of connected chains and the addition of parachains, Polkadot is enhancing its ability to interoperate between various blockchains. This development, coupled with the growing interest in Polkadot for Web3 projects, suggests that DOT is not only crucial for the evolving Web 3.0 landscape but also presents a promising investment opportunity, especially as decentralized applications (dApps) become more popular.

    How does staking DOT work, and how does it impact its value?

    Staking in Polkadot is governed by its Nominated Proof-of-Stake (NPoS) consensus mechanism. The process involves two primary roles: validators and nominators. Validators produce new blocks, confirm transactions, and uphold network integrity by locking up a certain amount of DOTs as collateral. Nominators, on the other hand, don't directly engage in block production but support validators by staking their DOTs on those they trust. Both earn rewards for their roles, but they also face the risk of having their staked DOTs slashed if involved in malicious activities or negligence. The staking process requires DOT holders to "bond" their tokens, rendering them illiquid for a specified period. If they choose to "unbond," there's a waiting period, often 28 days, before the DOTs are available for transfer. The act of staking DOTs can significantly influence its market value in several ways. By staking, a portion of DOT's supply is effectively locked, potentially leading to upward price pressure due to reduced circulation if demand remains steady or rises. Additionally, the prospect of earning rewards from staking provides an incentive for DOT holders to retain their tokens, reducing sell-off tendencies. This dynamic promotes network security as more staked DOTs increase resistance to malicious intent. However, the potential for slashing introduces an element of risk, and any large-scale slashing events might raise concerns about the network's stability, potentially impacting DOT's value negatively.

    Can I mine Polkadot?

    No, you can't mine Polkadot like traditional cryptocurrencies such as Bitcoin or Ethereum. Instead, Polkadot operates on a Nominated Proof-of-Stake (NPoS) consensus mechanism. Within this system, DOT holders can either become validators, responsible for producing blocks and confirming transactions, or nominators, who support validators with their own DOTs. While validators actively participate in the network's operations, nominators back trusted validators and earn a portion of the block rewards in return.

    What is the current price of Polkadot?

    The live price of Polkadot is $6.23 per (DOT/USD) with a current market cap of $9,605,135,277.26 USD. Polkadot's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Polkadot's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Polkadot?

    Over the last 24 hours, the trading volume of Polkadot is $662.15M.

    What is the all-time high of Polkadot?

    The all-time high of Polkadot is $55. This all-time high is highest price for Polkadot since it was launched.

    Can I buy Polkadot on Bitget?

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

    Can I get a steady income from investing in Polkadot?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Polkadot with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Polkadot (DOT)?

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    Ronan*
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    How to Build a Diversified Portfolio Around $CLAY 📊 Building a diversified portfolio around $CLAY, the native token of the Claymore blockchain, involves balancing risk and reward by incorporating a mix of assets that complement the blockchain’s potential while reducing exposure to any single investment. A well-structured portfolio should consider various factors such as risk tolerance, market conditions, and the role of $CLAY within the broader cryptocurrency ecosystem. 1. Allocate a Core Position in $CLAY: Since $CLAY is the primary token associated with the Claymore blockchain, it should form the core of the portfolio. Depending on your risk tolerance, a substantial portion (e.g., 40-60%) of the portfolio can be allocated to $CLAY. This gives exposure to the potential upside of the Claymore ecosystem’s growth, especially if the blockchain gains traction in sectors like DeFi, gaming, or NFTs. 2. Complement with Established Cryptocurrencies: To balance the high-risk nature of $CLAY, it’s crucial to allocate a portion of the portfolio to more established cryptocurrencies, such as Bitcoin (BTC) and Ethereum (ETH). These assets provide relative stability compared to emerging tokens like $CLAY. A mix of 20-30% in BTC and ETH can hedge against market volatility, ensuring that your portfolio is less affected by the high swings typical of smaller, speculative tokens. 3. Diversify into Other Layer-1 Blockchains: To capture the potential of other promising blockchain ecosystems, consider adding tokens from other Layer-1 blockchains such as Solana ( $SOL ), Avalanche (AVAX), or Polkadot ( $DOT ). Allocating 10-15% of the portfolio to these assets can provide exposure to other fast-growing networks, offering diversification and reducing dependence on the performance of a single blockchain. 4. Incorporate DeFi and NFT Tokens: If you believe in the potential of Claymore to gain traction in DeFi or NFTs, it’s wise to invest in tokens associated with these sectors. For instance, allocating a portion (5-10%) to decentralized finance tokens like Uniswap ( $UNI ) or Aave ( $AAVE ) can complement $CLAY’s use case in the DeFi space. Similarly, NFT-related tokens like Flow (FLOW) could enhance exposure to the growing digital asset market. 5. Include Stablecoins for Liquidity: Having 5-10% of your portfolio in stablecoins like USDC or USDT can provide liquidity and stability, especially in volatile markets. Stablecoins serve as a safe haven during market downturns and allow for quick rebalancing of the portfolio, giving flexibility to reinvest or purchase more $CLAY at attractive prices during market corrections. 6. Monitor and Rebalance: Regular monitoring and rebalancing of the portfolio are essential, especially as the market and Claymore’s ecosystem evolve. If $CLAY sees significant price increases or decreases, adjust your holdings accordingly to maintain diversification and optimize returns based on changing market dynamics. By constructing a diversified portfolio that includes $CLAY, alongside other assets from established cryptocurrencies, Layer-1 blockchains, DeFi, and stablecoins, investors can manage risk while positioning themselves to take advantage of potential growth in the Claymore ecosystem and the broader crypto market
    DOT0.00%
    BTC0.00%
    Doctor-Profit
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    2d
    My Lovely Dear Friends $FARTCOIN Short Entry 1.78 and Tp 1 Good luck $BTC $ETH $TRUMP $SOL $XRP $DOGE $DOT
    DOT0.00%
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    MickNelly
    MickNelly
    2d
    SOL 16 janvier 2016有点意思,我们赶紧来分析下细节! 20日均线(203美元)已转向上行,加上RSI进入正值区域,这说明多头的力量开始占据主导。 Le système SOL 220-223 est doté d'un système d'alimentation en carburant下来的目标将直指248美元,甚至可能冲击265美元,这是短期内值得关注的两个关键目标点位。 但兄弟们 SOL Price Analysis On January 16, a strong rebound directly broke through the 50-day moving average ($209), and the bulls finally stood out. This wave of market is interesting. Let's analyze the details! The 20-day moving average ($203) has turned upward, and the RSI has entered the positive area, which shows that the power of the bulls has begun to dominate. SOL has now broken through the resistance of the $220-223 range. If the bulls maintain a strong momentum, the next target will be $248, and may even hit $265. These are two key target points worth paying attention to in the short term.
    DOT0.00%
    ME0.00%
    Rekt Capital
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    3d
    I've published a new Altcoin Newsletter 🔥 I share my charts & analysis on 6 Altcoins These Altcoins are $SOL $DOT $LINK $AR $WIF $FLOKI I share an Altcoin Newsletter like this every Friday Sign up & read here:
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    3d
    $MORPHO Short Entry 4.06 guys And TP 3.5 Full Go ahead Enjoy Dears $BTC $ETH $SOL $XRP $BGB $DOT $DOGE
    DOT0.00%
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