$5.92 2.2%
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Data gathered: November 21

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AI Stock Analysis - Polkadot (DOT)

Analysis generated March 10, 2024. Powered by Chat GPT.

Polkadot is a groundbreaking blockchain protocol designed to enable different blockchains to transfer messages and value in a trust-free fashion; sharing their unique features while pooling their security. It is often considered to be one of the next-generation blockchains after Bitcoin and Ethereum. Founded by Dr. Gavin Wood, one of the co-founders of Ethereum, Polkadot is designed to operate two types of blockchains: the main network (relay chain) and user-created networks (parachains). Its interoperability and scalability are two features that make Polkadot a notable player in the blockchain ecosystem.

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Stock Alerts - Polkadot (DOT)

company logo Polkadot | November 21
Price is down by -5.2% in the last 24h.
company logo Polkadot | November 20
Price is down by -5.3% in the last 24h.
company logo Polkadot | November 19
Price is down by -5.6% in the last 24h.
company logo Polkadot | November 18
Price is up by 5.8% in the last 24h.

About Polkadot

Polkadot is a sharded protocol that enables blockchain networks to operate together. Polkadot is an open-source project founded by the Web3 Foundation. The Polkadot coin serves three distinct purposes: governance over the network, staking, and bonding.


Polkadot
Price $5.92
Target Price Sign up
Market Cap $8.48B
Year Range $3.77 - $10.7
Industry Crypto

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What is the Market Cap of Polkadot?

The Market Cap of Polkadot is $8.48B.

What is the current price of Polkadot?

Currently, the price of one share of Polkadot is $5.92.

How can I analyze the DOT price chart for investment decisions?

The DOT price chart above provides a comprehensive visual representation of Polkadot's price performance over time. Investors can use this chart to identify patterns, trends, and potential support or resistance levels. By examining historical data and recent price movements, investors can make more informed decisions regarding buying, holding, or selling Polkadot. Our platform offers an up-to-date DOT price chart, along with technical data analysis and alternative data insights.

What are some of the similar assets to Polkadot?

Some of the similar crypto assets of Polkadot are Bitcoin, Ethereum, Litecoin, Dogecoin, and XRP.

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The analytics provided are estimates and not a substitute for professional advice. All investments involve risks, including possible capital loss.
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