Polkadot (DOT) Self Reported Market Cap Reaches $9.63 Billion

Polkadot (DOT) traded 0% higher against the dollar during the 24 hour period ending at 20:00 PM E.T. on April 16th. One Polkadot coin can now be purchased for $6.71 or 0.00010534 BTC on cryptocurrency exchanges. Polkadot has a market capitalization of $9.63 billion and $239.19 million worth of Polkadot was traded on exchanges in the last 24 hours. Over the last seven days, Polkadot has traded 22.6% lower against the dollar.

Here’s how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded 5.7% lower against the dollar and now trades at $0.33 or 0.00000523 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.
• Kitty Inu (KITTY) traded 1.9% higher 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 flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 0.9% against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polkadot Coin Profile

Polkadot launched on August 18th, 2020. Polkadot’s total supply is 1,434,746,603 coins. The official message board for Polkadot is medium.com/polkadot-network. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. Polkadot’s official website is polkadot.network. The Reddit community for Polkadot is https://reddit.com/r/dot and the currency’s Github account can be viewed here.

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.”

Polkadot Coin Trading

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 Bitcoin or Ethereum using an exchange that deals in US dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polkadot using one of the exchanges listed above.

DOT/USD price chart by TradingView