Polkadot Crypto Price Prediction, Value and Chart (DOT) Adding Polkadot Please log in to your account or sign up in order to add this asset to your watchlist. Adding Choose a watchlist: Watchlist Adding You have already added five holdings to your watchlist. Upgrade to MarketBeat Daily Premium to add more holdings to your watchlist. $6.60 +0.03 (+0.40%) (As of 02/6/2023 04:53 PM ET) Add Share Share 1-Hour Range$6.57▼$6.65 24-Hour Range$6.57▼$6.65 7-Day Range$6.03▼$7.13 1-Day Volume$218.73 million Market Cap$5.97 billionThis market cap is self-reported and is based on a circulating supply of 904,869,778 DOT, which has not been verified. BTC Price0.00028749 BTC Circulating Supply904.87 million Total Supply1.28 billion Maximum SupplyN/A Currency Profile Headlines Advanced Chart Social Media 30 days | 90 days | 180 days | Advanced Chart Receive DOT News and Prices via Email Sign-up to receive the latest news and price data for Polkadot and its competitors with MarketBeat's CryptoBeat newsletter. Email Address About Polkadot (DOT)What is Polkadot?Polkadot is a blockchain network often described as a “blockchain of blockchains,” as it allows users to launch and operate their own blockchains on top of the main Polkadot blockchain. This main blockchain, called the relay chain, does not support smart contracts, but other blockchains connected to it can support them.As a result, Polkadot is set to become a growing ecosystem of cryptocurrencies that competes with other smart contract networks such as Ethereum, the Binance Smart Chain, and more. It was launched in 2020 and brings a number of technical features that help it reach its goal.The user-created blockchains, called parachains, benefit from the same security of the relay chain where transactions are permanent, but can be customized by the users. Polkadot’s design allows it to become a network of blockchains with secure transactions and varying features, all while using the resources of its relay chain.Polkadot’s design is new and unique, but developers and users are able to experiment in a real economic environment called the Kusama network. Kusama can be seen as a sandbox for users and developers to test early versions of what will be launched on Polkadot in a network with a valuable cryptocurrency traded on the open market.Polkadot will also include bridges, which allow the Polkadot network to interact with other blockchains. Through bridges, Polkadot users will, for example, be able to swap tokens without a centralized exchange.What Is DOT Used For?DOT is the native cryptocurrency of the Polkadot network and serves as its governance token. DOT holders can stake their tokens to vote on network upgrades and help decide the future of Polkadot by actively participating in its governance.DOT holders can influence the project’s governance by voting on changes, and by electing the Council members. These are responsible for proposing changes and determining which ones are made to the software.Staking DOT also yields returns as holders are at the same time securing the network and validating transactions. Polkadot rewards DOT stakers with newly minted tokens based on the amount they are staking.DOT can also be bonded to connect a chain to Polkadot as a parachain. The token has the ability t be locked for a specific period to secure a parachain slot in the network.Who Created Polkadot?The Polkadot project was founded by Ethereum co-founder Gavin Wood, along with Peter Czaban and Robert Habermeier in 2016. Wood is the developer behind Solidity, the coding language used to write smart contracts on Ethereum and has experience as a research scientist at Microsoft.Wood is the president of the Web3 Foundation, a non-profit organization that conducted Polkadot’s token sales. The foundation was co-founded with Pete Czaban and received 30% of the proceeds. IT oversees the allocation of funds to further the development of Polkadot.The Web3 Foundation also maintains Polkadot’s open-source code and supports its use."This page refers to the new DOT which is 100x smaller than the old DOT (the DOT token underwent a redenomination from its original sale on 21 August 2020 at 16:40 UTC, block number 1,248,328)" (Description provided by CryptoCompare.)Read More Polkadot NewsPolkadot: Some wins and some losses, assessing Q4 2022 performanceambcrypto.com - February 6 at 4:36 PMRevolut To Roll Out Crypto Staking Service for Ethereum (ETH), Cardano (ADA) and Two More Altcoins: Reportdailyhodl.com - February 6 at 4:36 PMDigital Bank Revolut to Offer Crypto Staking: Reportcoindesk.com - February 6 at 1:33 PMMessari Releases Polkadot Report for Q4 of Last Yearcoinedition.com - February 6 at 10:31 AMSHIB Close to Breaking into Top 10 After Outranking DOT, LTCcoinedition.com - February 6 at 7:09 AMTop Analyst Issues Alert to Shiba Inu Holders, Says SHIB Hype To Gain Momentum in Coming Weeksdailyhodl.com - February 6 at 1:07 AMPolkadot price analysis: DOT/USD dips to lows of $6.86, as strong bearish momentum developscryptopolitan.com - February 5 at 12:10 PMPolkadot price analysis: DOT continues to trend downward below $7 resistancecryptopolitan.com - February 5 at 5:01 AMPolkadot (DOT) Price Prediction 2025-2030: DOT to reach $7 by 2024?ambcrypto.com - February 4 at 7:15 AMBiggest Movers: SHIB, DOT Remain Near 3-Month Highs, Despite Crypto Markets Fallingnews.bitcoin.com - February 3 at 2:03 PMPolkadot price analysis: DOT rises above $6.68 after a bullish chart patterncryptopolitan.com - February 3 at 5:02 AMDOT Price (Polkadot) Prediction: Break Above $6.80 Could Spark Fresh Rallynewsbtc.com - February 3 at 3:03 AMThese Two Altcoins Could Outperform Wider Crypto Market Next Cycle, Analyst Sayscryptoglobe.com - February 3 at 3:03 AMTwo Altcoins Will Significantly Outperform Bitcoin and Crypto Market in Next Cycle, According to Coin Bureaudailyhodl.com - February 2 at 11:02 AMBitcoin, Solana and Additional Ethereum Rival Have Higher To Go, Says Top Crypto Analyst – Here Are His Targetsdailyhodl.com - February 2 at 5:00 AMWill Polkadot’s [DOT] new parachain fix the blockchain?ambcrypto.com - February 1 at 8:10 PMCrypto Wallets to Lose All Anonymity? Company Raises $7.5 Million To Make It Happenbitcoinist.com - February 1 at 4:31 PMPrice analysis 2/1: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, DOT, LTC, AVAXcointelegraph.com - February 1 at 3:32 PMAutomotive Giant Toyota Explores Polkadot Project To Increase Business Efficiencybitcoinist.com - February 1 at 1:31 PMPolkadot price analysis: DOT declines to $6.17 as a bearish rule of the marketcryptopolitan.com - February 1 at 7:16 AMToyota Taps Astar Network Hackathon to Test Blockchain Use Casescoinedition.com - February 1 at 7:16 AMCan ‘Eco-Friendly’ Polkadot Gain Public Favor? Snowfall Protocol And Chainlink Are The Best Utility Tokens To Watchcoinpedia.org - February 1 at 4:08 AMBitcoin Ready To Break Trough $24K, Vital Signs Provide Cluesnewsbtc.com - February 1 at 2:03 AMPolkadot (DOT) Price Moves Closer To Crucial Support, What’s Next?newsbtc.com - January 31 at 7:02 PMPolkadot price analysis: Bearish drives DOT down to $6.26 markcryptopolitan.com - January 31 at 10:11 AMTop 5 GameFi Cryptos To Watch This Februarynewsbtc.com - January 31 at 9:16 AMPolkadot: Despite several updates in the past week, why did DOT fail to impressambcrypto.com - January 31 at 5:00 AMAptos: There Is No Reason For Thisseekingalpha.com - January 30 at 6:20 PMPolkadot [DOT] dropped to a key support zone; can bulls prevail?ambcrypto.com - January 30 at 6:20 PMLitecoin Price Could Present Shorting Opportunities At These Levelsnewsbtc.com - December 24 at 12:07 PMCrypto Price Today Live: Bitcoin nears $17K; Ethereum, Dogecoin and Polkadot gain up to 8%economictimes.indiatimes.com - November 30 at 2:47 AMPolkadot Price Prediction Today, November 25, 2022: DOT/USD Finds It Difficult Pick Up Upward Momentuminsidebitcoins.com - November 25 at 2:15 AMPolkadot Price Prediction for Today, 16 November: DOT May Commence Bullish Movementinsidebitcoins.com - November 16 at 11:15 AMWhy This Crypto Influencer Believes There Was “Systematic Malice” Within Coinbasebitcoinist.com - September 9 at 5:04 PMPolkadot Price Prediction for Today, July 24: DOT Keeps Range Movesinsidebitcoins.com - July 25 at 5:22 AMWhy Coinbase, Shiba Inu, and Polkadot Are Up Todayfool.com - July 19 at 3:08 PMRevolut partners with Polkadot for a Learn and Earn programinsidebitcoins.com - July 12 at 4:36 AMPolkadot Price Prediction for Today, July 11: DOT Moves Sideways as Price Slides Below $7insidebitcoins.com - July 11 at 5:39 PMPolkadot And Revolut Launch “Crypto Learn”, Users Can Earn Up To $15 Per Lessonbitcoinist.com - July 11 at 4:08 PMPrime Protocol Announces Cross-Chain Connected Application on Moonbeamprweb.com - June 30 at 2:56 PMPolkadot Price Prediction for Today, May 28: DOT Range-Bounds as Price Moves Near $10insidebitcoins.com - May 28 at 12:57 PMInstitutional Investors Seek Safe Haven In Crypto Products Amid Market Uncertaintynewsbtc.com - May 25 at 1:06 AMPolkadot Price Prediction for Today, May 24: DOT Moves to Hit $12 Highinsidebitcoins.com - May 24 at 8:11 PMPolkadot Crypto Is Moving Higher As Its Parachains Gain Popularityinvestorplace.com - March 29 at 8:51 AMDAR Announces January 2022 Crypto Exchange and Asset Vetting Resultsprweb.com - January 20 at 9:44 AMPolkadot Launches Parachainsprnmedia.prnewswire.com - December 18 at 4:26 AMPolkadot Bringt Parachains Auf Den Marktprnmedia.prnewswire.com - December 18 at 4:26 AMPolkadot Lance les Parachainsprnmedia.prnewswire.com - December 18 at 4:26 AMSee All Recent Headlines Polkadot Currency Details Name Polkadot SymbolDOT Market Capitalization$5.97 billionThis market cap is self-reported and is based on a circulating supply of 904,869,778 DOT, which has not been verified. Coin or TokenCoin Algorithm Proof Type Genesis Date8/18/2020 Mineable?No Official Links Official Websitepolkadot.network Official Website (Alt)N/A BitcoinTalk AnnouncementView Twitter Account@polkadot Facebook PageView Github AccountViewCommunity Discussion Reddit Communityr/dot Telegram GroupView Discord GroupN/A Message Boardmedium.compolkadot-network Message Board (Alt)N/AResearch Tools Blockchain Explorerpolkascan.io Blockchain Explorer (Alt)polkadot-cc1.subscan.io CoinMarketCapView CryptoCompareView CoinGeckoView About Polkadot (DOT) Polkadot (DOT) Frequently Asked Questions How do I buy Polkadot? It is not possible to buy all cryptocurrencies with U.S. dollars. Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including Polkadot. What do investment analysts think about Polkadot? Weiss Research, an investment research firm that rates cryptocurrencies, has given Polkadot an overall rating of "C+", a technology and adoption rating of "B", and a market performance rating of "E+". Where can I get Polkadot wallet? Polkadot produces its own wallet software that is available for download on its website, which allows you to store Polkadot on your computer. For maximum security, you can store your cryptocurrencies on a dedicated hardware wallet such as a TREZOR wallet or a Ledger Nano X. If you do not wish to buy a hardware wallet, you may consider using a mobile wallet such as Atomic Wallet, Jaxx, or Coinomi to store multiple cryptocurrencies with some added security benefits. What is the value of Polkadot? One Polkadot (DOT) is currently worth $6.71 on major cryptocurrency exchanges. You can also exchange one Polkadot for 0.00029357 bitcoin(s) on major exchanges. The value (or market capitalization) of all available Polkadot in U.S. dollars is $6.07 billion. This market cap is self-reported and is based on a circulating supply of 904,869,778 DOT, which has not been verified. What is the Reddit page for Polkadot? The official Reddit community (subreddit) for Polkadot is https://reddit.com/r/dot. Polkadot (DOT) Price Chart for Monday, February, 6, 2023 Polkadot (DOT) Twitter Feed Tweets by @polkadotLoading…Polkadot (DOT) Reddit Feed This page was last updated on 2/6/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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