TipRanksCryptocurrencyWhat Is The Price Of Polkadot?

What Is The Price Of Polkadot?

Price Chart

Current Price
$3.61
Price Change (24h)-$0.05 (-1.28%)
24h Low - 24h High$3.57 - $3.72
24h Volume$57.03M (15,788,452.00)
Market Cap$4.58B
Volume / Market Cap0.00053
Market Cap Dominance0.36%
Circulation Supply442.86M
Total Supply1.25B
Max SupplyN/A
Hash RateN/A
All-Time High$55.09 (-93.34%)
1-Year Price Return-37.70%
6-Month Price Return-42.68%
3-Month Price Return-29.99%
1-Month Price Return-11.21%

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Polkadot News & Analysis

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Polkadot FAQ

What is the price of one Polkadot?
The live price of Polkadot (DOT-USD) is $3.61.
What’s Polkadot All-Time High?
Polkadot's (DOT-USD) all-time high is $55.09.
What is the total supply of Polkadot?
The total supply of Polkadot (DOT-USD) is 1.25B coins.
What is Polkadot dominance?
Polkadot (DOT-USD) dominance is at 0.36%.

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What is Polkadot?

Polkadot

Founded by Robert Habermeier, Peter Czaban and Dr. Gavin Wood, this sharded multichain metaprotocol brings together a network of specialized blockchains, which makes these blockchains interoperable. Further, Polkadot can update itself without having to undertake a fork and its next direction is voted upon by its token holders. Importantly, Polkadot offers scalability as multiple transactions can be processed on parachains. The Polkadot ecosystem allows apps and services to communicate across chains and users can create a blockchain in minutes with its substrate framework. The DOT tokens serve three purposes: governance, staking and bonding (new parachains are added by bonding tokens).

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Correlations to Polkadot

Asset
Correlation
BITO < ETF >
ProShares Bitcoin Strategy ETF
-0.96
QQQ < ETF >
Invesco QQQ Trust
0.61
GLD < ETF >
SPDR Gold Shares
0.77
SPY < ETF >
SPDR S&P 500 ETF Trust
0.76
Coinbase Global, Inc.
0.06
Silvergate Capital Corp.
0.66
Marathon Digital Holdings, Inc.
0.94
Overstock.Com
0.84
Microstrategy
0.49
Riot Platforms, Inc.
0.65
Correlation shows how closely two variables move in relation to one another. In investing, this relationship is expressed numerically and ranges between -1.0 and 1.0.

A correlation of 1 is a perfect positive correlation. In this case, as one security moves, the other security moves in the same direction by the same percentage.

A correlation of -1 is a perfect negative correlation. As one security moves, the other moves in the opposite direction.

A zero correlation implies no relationship between the two securities.

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Leading Cryptocurrencies

Name
Price & Change
Market Cap
Bitcoin
554.59B
Ethereum
189.19B
Ripple
49.03B
Binance Coin
33.48B
Solana
13.28B

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Major Stock Indexes

Index
Price & Change
S&P 500
Dow Jones Industrial Average
Nasdaq 100

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