Key Statistics
- Market Cap: [Current Polkadot market capitalization]
- Fully Diluted Market Cap: [Projected maximum market cap]
About Polkadot
Polkadot, launched in 2020, is often described as a "Layer 0" blockchain due to its role as a foundational ecosystem hosting multiple interconnected blockchains. As a parachain protocol, it enables seamless communication between isolated cryptocurrencies.
Founded by Dr. Gavin Wood (Ethereum's former CTO), Polkadot embodies Web3 principles—a term Wood coined in 2014. Its native token, DOT, serves three primary functions:
- Staking: Securing the network through validator participation.
- Governance: Voting on protocol upgrades.
- Bonding: Connecting new chains to the ecosystem.
👉 Discover how Polkadot compares to other Layer 1 blockchains
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Technical Indicators (Summary)
| Indicator | Signal | Trend Intensity |
|---|---|---|
| Oscillators | Neutral | Moderate buying pressure |
| Moving Averages | Neutral | Balanced momentum |
Data reflects real-time market conditions.
Historical Performance
- 1 Week: +5.76%
- 1 Month: -14.57%
- 1 Year: -43.41%
👉 Track DOT's live price movements
FAQ Section
What is Polkadot's current price?
As of [current date], DOT trades at $3.438 USD. Monitor its 24-hour stability via live charts.
Where can I buy DOT safely?
Reputable exchanges include:
- Binance
- Coinbase
- Kraken
Always verify exchange security protocols before trading.
Is Polkadot a good investment?
While DOT shows long-term potential, its -43.41% annual decline underscores crypto volatility. Consider:
- Technical analysis
- Ecosystem developments
- Macro market trends