Buy price
1.2565
DOT/DOT (DOTDOT) Price Today — Live Chart and Analysis
Polkadot enables scalability by allowing specialized blockchains to communicate with each other in a secure, trust-free environment. Polkadot is a scalable blockchain network that enables trust-free communication between various networks and can work with and connect various blockchains. By using WebAssembly the network can upgrade autonomously without the need of forks and hard forks and can enable internet-like connections between independent blockchains. Polkadot is open source and its interoperability is considered to be its major advantage together with its network technology.
Sell price
1.2564
DOT/DOT chart
Price Performance
1 week
-6.66% -6.66%
-6.66% -6.66%
1 month
+22.05% +22.05%
+22.05% +22.05%
YTD
+4.69% +4.69%
+4.69% +4.69%
Year
+80.97% +80.97%
+80.97% +80.97%
5 years
-75.79% -75.79%
-75.79% -75.79%
Information regarding past performance is not a reliable indicator of future performance.
Analysis
The performance of the Polkadot is affected by demand and supply dynamics and by factors that shape demand and supply such as the maximum supply levels, ownership options, adoption rate and utilization for monetary purposes, applications and decentralized finance cases. Moreover, performance is also affected by the general sentiment in the overall crypto market and the performance and adoption rate of major cryptos like Bitcoin and Ethereum. In addition regulations tend to be a cloudy area at the moment that cast a shadow over the crypto market in general.
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DOT/DOT
DOTDOT
1.2565
-2.39%
Instrument Crypto
FAQ