Polkadot Price Down 4.5% Over Last 7 Days (DOT)

Polkadot (DOT) traded 2.6% lower against the U.S. dollar during the one day period ending at 9:00 AM ET on November 2nd. One Polkadot coin can now be bought for approximately $3.85 or 0.00005535 BTC on popular exchanges. Polkadot has a market cap of $5.82 billion and approximately $119.19 million worth of Polkadot was traded on exchanges in the last day. In the last week, Polkadot has traded 4.5% lower against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last day:

• 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.
• 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 up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded 1.5% lower against the dollar and now trades at $69,429.46 or 0.99937262 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.5% against the dollar and now trades at $69,416.75 or 0.99918974 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Polkadot

Polkadot launched on August 18th, 2020. Polkadot’s total supply is 1,513,205,677 coins. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. The official message board for Polkadot is forum.polkadot.network. Polkadot’s official website is polkadot.network. The Reddit community for Polkadot is https://reddit.com/r/polkadot 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 possible to buy alternative cryptocurrencies such as Polkadot directly using U.S. dollars. Investors seeking to acquire Polkadot should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polkadot using one of the aforementioned exchanges.

DOT/USD price chart by TradingView