Polkadot (DOT) Self Reported Market Capitalization Achieves $8.41 Billion

Polkadot (DOT) traded 3.6% higher against the US dollar during the 24-hour period ending at 21:00 PM Eastern on June 22nd. Polkadot has a market capitalization of $8.41 billion and approximately $122.67 million worth of Polkadot was traded on exchanges in the last day. One Polkadot coin can now be purchased for about $5.76 or 0.00008935 BTC on cryptocurrency exchanges. During the last week, Polkadot has traded 7.3% lower against the US dollar.

Here is how similar cryptocurrencies have performed during the last day:

  • KILT Protocol (KILT) traded 0.7% higher against the dollar and now trades at $0.21 or 0.00000322 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% 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.
  • 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 1.2% higher against the dollar and now trades at $0.0108 or 0.00000017 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Polkadot Coin Profile

Polkadot’s genesis date was August 18th, 2020. Polkadot’s total supply is 1,437,953,431 coins and its circulating supply is 1,460,295,194 coins. The Reddit community for Polkadot is https://reddit.com/r/polkadot and the currency’s Github account can be viewed here. The official website for Polkadot is polkadot.network. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. Polkadot’s official message board is forum.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 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 Changelly, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Polkadot using one of the aforementioned exchanges.

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