Polkadot (DOT) 24-Hour Trading Volume Tops $92.15 Million

Polkadot (DOT) traded up 0.2% against the U.S. dollar during the 24-hour period ending at 19:00 PM ET on May 26th. Polkadot has a market cap of $6.24 billion and approximately $92.15 million worth of Polkadot was traded on exchanges in the last day. Over the last seven days, Polkadot has traded 2.4% lower against the U.S. dollar. One Polkadot coin can now be purchased for $5.25 or 0.00019642 BTC on major cryptocurrency exchanges.

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

• KILT Protocol (KILT) traded 1.2% lower against the dollar and now trades at $0.33 or 0.00001245 BTC.
• 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 down 2.2% 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.
• OmniaVerse (OMNIA) traded 1.9% lower against the dollar and now trades at $0.0017 or 0.00000006 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.3% against the dollar and now trades at $0.0004 or 0.00000002 BTC.
• Lego Coin (LEGO) traded up 25.2% against the dollar and now trades at $0.0198 or 0.00000074 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 2% lower against the dollar and now trades at $0.0088 or 0.00000033 BTC.

About Polkadot

Polkadot’s launch date was August 18th, 2020. Polkadot’s total supply is 1,317,375,389 coins and its circulating supply is 1,187,896,511 coins. The official website for Polkadot is polkadot.network. The Reddit community for Polkadot is https://reddit.com/r/dot and the currency’s Github account can be viewed here. Polkadot’s official Twitter account is @polkadot and its Facebook page is accessible here. The official message board for Polkadot is medium.com/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.”

Buying and Selling Polkadot

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, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Polkadot using one of the exchanges listed above.

DOT/USD price chart by TradingView