Polkadot (DOT) Trading Down 14.1% This Week

Polkadot (DOT) traded down 5.6% against the US dollar during the twenty-four hour period ending at 22:00 PM Eastern on March 18th. Polkadot has a total market cap of $13.38 billion and approximately $467.63 million worth of Polkadot was traded on exchanges in the last 24 hours. Over the last seven days, Polkadot has traded 14.1% lower against the US dollar. One Polkadot coin can now be bought for about $9.40 or 0.00014243 BTC on popular cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded down 4.1% against the dollar and now trades at $0.45 or 0.00000682 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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 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 0% higher against the dollar and now trades at $0.0086 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 down 2.6% against the dollar and now trades at $0.0094 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Polkadot

Polkadot’s genesis date was August 18th, 2020. Polkadot’s total supply is 1,423,667,814 coins. The Reddit community for Polkadot is https://reddit.com/r/dot and the currency’s Github account can be viewed here. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. Polkadot’s official message board is medium.com/polkadot-network. The official website for Polkadot is 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.”

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 Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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