Polkadot Hits 24 Hour Trading Volume of $216.29 Million (DOT)

Polkadot (DOT) traded 3.6% lower against the U.S. dollar during the 24 hour period ending at 0:00 AM E.T. on November 20th. Polkadot has a total market capitalization of $6.55 billion and approximately $216.29 million worth of Polkadot was traded on exchanges in the last 24 hours. One Polkadot coin can currently be purchased for about $5.25 or 0.00014048 BTC on major exchanges. Over the last week, Polkadot has traded 2.8% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 0.7% against the dollar and now trades at $0.37 or 0.00000977 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• OmniaVerse (OMNIA) traded down 8.2% against the dollar and now trades at $0.0008 or 0.00000002 BTC.
• Kitty Inu (KITTY) traded up 1.9% 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 down 0% against the dollar and now trades at $0.0049 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.9% lower against the dollar and now trades at $0.0083 or 0.00000022 BTC.

Polkadot Coin Profile

Polkadot’s genesis date was August 18th, 2020. Polkadot’s total supply is 1,380,125,486 coins and its circulating supply is 1,247,864,984 coins. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. The Reddit community for Polkadot is https://reddit.com/r/dot and the currency’s Github account can be viewed here. The official website for Polkadot is polkadot.network. The official message board for Polkadot is medium.com/polkadot-network.

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 currently possible to buy alternative cryptocurrencies such as Polkadot directly using US dollars. Investors seeking to trade Polkadot should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Polkadot using one of the aforementioned exchanges.

DOT/USD price chart by TradingView