$7.01
Time period | Change amount | % Change |
---|---|---|
1H | $-0.01053 | -0.15% |
24H | $-0.1132 | -1.59% |
7D | $+0.3210 | +4.8% |
30D | $+0.1989 | +2.92% |
1Y | $+1.69 | +31.89% |
83.77
Reliability Score
Rank #1
# 405
Percentile
TOP 5%
Co-Founder
Co-Founder
CEO,Co-Founder
COO
Polkadot price today is $7.01 with a 24-hour trading volume of $114.17 M, and as such Polkadot has a market cap of $9.47 B, giving it a market dominance of 0.37%. The Polkadot price moved -1.59% 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.
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.
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One of Silicon Valley’s most well-known start-up incubators has signed a strategic collaboration with Polkadot.
All but four cryptos in the CoinDesk 20 posted losses over the last week, led by declines in NEAR, BCH, and DOGE.
The community surrounding the DOT token voted 95% in favor of Conor Daly’s $2.1 million sponsorship deal.
Shipping giant Hapag-Lloyd will be the first to implement Deloitte's KYX – Know Your Client and Know Your Cargo – system.
Polkadot USDC users should not deposit XCM-transferred USDC from non-Polkadot Asset Hub parachains, Circle has warned.
At the center of the controversy is a new structure that grants every token holder a vote.
Date | Market Cap | Volume | Open | Close |
---|---|---|---|---|
2024-05-19 | $10.32 B | 17.93 M DOT | $7.18 | N/A |
2024-05-18 | $10.34 B | 18.45 M DOT | $7.19 | $7.18 |
2024-05-17 | $10.13 B | 33.52 M DOT | $7.04 | $7.19 |
2024-05-16 | $10.02 B | 27.75 M DOT | $6.97 | $7.04 |
2024-05-15 | $9.38 B | 36.92 M DOT | $6.52 | $6.97 |
2024-05-14 | $9.58 B | 23.93 M DOT | $6.67 | $6.52 |
2024-05-13 | $9.64 B | 26.24 M DOT | $6.7 | $6.67 |
2024-05-12 | $9.62 B | 14.45 M DOT | $6.69 | $6.7 |