DOT Live Price

Overview

Price

$5.86

24h% change

-5.4%

Volume (24h)

$195.899M

Market Cap

$8.118B

The current price of Polkadot (DOT) stands at $5.86, accompanied by a trading volume of $195.899M over the past 24 hours. DOT has declined by -5.4% in this timeframe. However, it is presently down by -9.2%.

What Is Polkadot

Polkadot stands as an open-source sharded multichain protocol designed to interconnect and safeguard a network of specialized blockchains. Its primary function is to enable the seamless cross-chain transfer of diverse data or asset types, extending beyond tokens. This capacity ensures interoperability among blockchains, shaping Polkadot as the cornerstone for a decentralized internet of blockchains, commonly referred to as Web3.
Identified as a layer-0 metaprotocol, Polkadot serves as the foundational framework for a network of layer 1 blockchains, termed parachains (parallel chains). Operating as a metaprotocol, Polkadot possesses the unique capability to autonomously and forklessly update its own codebase through on-chain governance, aligning with the preferences of its token holder community.
In pursuit of a decentralized web controlled by users, Polkadot simplifies the creation of new applications, institutions, and services. The protocol establishes connections among public and private chains, permissionless networks, oracles, and emerging technologies, allowing these independent blockchains to trustlessly exchange information and transactions via the Polkadot Relay Chain (further elaborated below).
The native DOT token within the Polkadot ecosystem serves three distinct purposes: staking for operational security, facilitating network governance, and bonding tokens to interconnect parachains.

Where to Accept dot?

We offer easy crypto currency payment solutions through our service, allowing you to receive Polkadot and over 230 other digital monies. Improve your customers' experiences and broaden your payment choices without hassle.

What is the all-time high for Polkadot (dot)?

Polkadot ’s historic highest price is $54.98, which was recorded on 4th of November 2021. Currently, Polkadot ’s price is %89.3 Lower than its historic high.

What is the all-time low for Polkadot (dot)?

Polkadot ’s historic lowest price is $2.70, which was recorded on 1st of January 1970. Currently, Polkadot ’s price is %117.3 Higher than its historic low.

What are the most important factors affecting the price of Polkadot (dot)?

Let's take a look at the important factors that impact Polkadot 's worth, such as how many people want to buy or sell it and how available it is. Other influences include what's being said about it on the news and internet, changes in the global economy and politics, and rules Governments set for using it.

Related Currencies