Check live Polkadot prices here - Comparewise

#1 Choice
Cryptocurrency App

Polkadot

DOT

Polkadot Market Stats

Polkadot Price

$22,014.48

Polkadot Price Change (24H)

$22,014.48

Polkadot Price (24H Low)

$22,014.48

Polkadot Price (24 High)

$22,014.48

Polkadot Price (All Time High)

$22,014.48

Polkadot Market Cap

$22,014.48

Polkadot Volume (24H)

$22,014.48

Polkadot Circulating Supply

$22,014.48

Polkadot Price Live Data

The live [Bitcoin] price today is [$20,014.48] with a 24-hour trading volume of [$44.6b]. The [BTC] price is updated in real-time. [Bitcoin] is [up/down] [45.77%] in the last 24 hours. The current [Bitcoin] live market cap is [$189,3B] with a circulating supply of [121.3M] [BTC] coins and a max supply of [21,000,000] [BTC] coins.

Looking to buy [Bitcoin] at the current rate? The best cryptocurrecny exchanges for trading for [Bitcoin] stocks and coins are Bitbuy, CoinSmart, NetCoins, Netwon, and Crypto.com; you can find other [Bitcoin]-[BTC] exchanges on our best crypto exchange, best crypto exchange in Canada and best crypto exchange in the USA pages.

What Is Polkadot (DOT)?

Polkadot (DOT) has quickly become one of the most prominent digital currencies in the industry, backed by an impressive blockchain platform. It’s a platform that encourages a global network of computers to run a blockchain. This platform allows unrelated blockchains to interact with each other without an intermediary.

This blockchain platform’s name plays a significant role in the idea of what this platform actually does. Users will see what looks like a tapestry of dots when on the platform. Each of these dots figuratively represents the multiple blockchain platforms present today. And it highlights their separation from each other.

Cryptocurrencies can be confusing for some, with different platforms working on similar technology in isolation. While the individual dots represent these cryptocurrency platforms, Polkadot (DOT) helps to connect all these platforms or dots.

The Polkadot (DOT) gives holders a say in the direction of the blockchain project. And the token also allows holders the opportunity to stake their DOTs and earn.

Polkadot Coin - Comparewise

Who Created Polkadot (DOT)?

The Polkadot (DOT) platform was founded by one of the co-founders of Ethereum, Gavin Wood, in 2016. He was assisted by Peter Czaban and Robert Habermeier. Gavin Wood has been an integral part of the Ethereum platform, developing the language programmers use to design decentralized applications.

Gavin Wood was one of the first CTO of the Ethereum Foundation and previously worked at Microsoft. In October 2017, the platform raised about $144.3 million through its Initial Coin Offering. The platform officially launched on May 26. 2020. Its open-source code is maintained by the non-profit Web3 Foundation.

How Does Polkadot (DOT) Work?

To work more efficiently, the Polkadot platform was designed to work on two different blockchains. Their primary network is a so-called relay chain, where transactions are permanent. The user-created network, on the other hand, is called Parachain.

At its core, Polkadot is simply a blockchain network that works on the proof of stake concept. It uses this concept to connect all other blockchains. The relay chain and the various Parachains that exist on the network work together to connect these different blockchain platforms.

The Polkadot (DOT) network essentially works similarly to the Hub and Spoke model. That is, there is a central hub and many different branches that branch out from that hub. In the Polkadot platform, the relay chain is the hub that forms the basis of the network. This is where the different Parachains come to reach a consensus.

Since the Polkadot platform uses a proof-of-stake concept, the validators in the network must deploy at least 10,000 DOT tokens. This ensures that all validators are financially invested in the platform’s future. All validators reach consensus directly in the relay chain.

The various blockchains and decentralized applications are given their own unique use cases using Parachains. These Parachains are the heart of the model. They administer their own use cases and then connect to the Relay Chain to synchronize. Parachains ensure that everyone on the network is secure and on the same page.

This concept of shared security is what makes Polkadot unique and popular. The technology behind this platform makes Polkadot robust and adaptable.

Is Polkadot (DOT) a Good Investment?

Analysts and investors see Polkadot (DOT) as an inevitable evolution of digital currencies. The platform improves blockchain technology with its interactive platform. Polkadot (DOT) offers a scalable business model with many growth opportunities. When there’s growth, the value increases significantly, making DOT a good investment.

More and more developers are considering the Polkadot platform. They aren’t only linking their blockchains through the network but also creating new blockchains. When developers move to new technology, many investors follow them. Polkadot trades for less than $10, making it a more enticing buy than Bitcoin or Ethereum.

The Polkadot (DOT) platform also rewards its investors. As an investor, you receive access to management rights over the entire platform. Even though this technology comes with some risks, your investment will pay off in the long run since it’s still relatively new.

FAQs about Polkadot (DOT)

How Many Polkadot (DOT) Coins Are There?

Polkadot (DOT) tokens are not limited in supply. Currently, around 987,579,315 DOT tokens are in circulation.

How Is Polkadot (DOT) Secured?

The Polkadot (DOT) is secured by the Proof of Stake blockchain protocol, which selects the most invested validators.

What Can You Use Polkadot (DOT) For?

Polkadot is a decentralized, open-source network whose core objective is to link different blockchain platforms to one another. You can also use the network to build decentralized applications or new blockchain technologies.

Polkadot News

Loan Amount

Our service is accessible from anywhere. Skip the wait and stress of in-person meet and get great financing online today. what time is time today, how to buy a coin ...

Loan Amount

Our service is accessible from anywhere. Skip the wait and stress of in-person meet and get great financing online today. what time is time today, how to buy a coin ...

Best Polkadot Apps

Get $20 CAD in BTC with code: COMPAREWISE
Min Investment
$100
Coins Available
16+
Get a $50 Bitbuy bonus when you sign up
Min Investment
$250
Coins Available
25+
Get a $25 Netcoins bonus when you sign up
Min Investment
$10
Coins Available
22+
Get $25 CAD Newton bonus with code: 9APOU9
Min Investment
$100
Coins Available
70+
Get a $30 Coinberry bonus when you sign up
Min Investment
$50
Coins Available
29+
Get a $30 Shakepay bonus when you sign up
Min Investment
$5
Coins Available
2+
Earn up to $16 worth of crypto in Coinbase
Min Investment
$25
Coins Available
100+
Trade Bitcoin free and get up to $100 in welcome rewards
Min Investment
$50
Coins Available
600+
Up to 500 USDT welcome bonuses for new users
Min Investment
$5
Coins Available
600+
Get $100 when you top up $1k + earn up to 20% APR
Min Investment
$1,000
Coins Available
300+
Trade crypto at competitive rates in Changelly
Low Fees
0.5% - 5%
Coins Available
200+
Trade crypto, stock, and metals in one place
Min Investment
$1
Coins Available
130+

Best Polkadot Wallets

Earn up to 8% yield on your crypto with Secure Wallet
Min Investment
$85 USD
Coins Available
70+
Limitless wallet addresses on one device
Storage Type
Cold
Coins Available
40+
Easy-to-use, ready within 10 minutes
Storage Type
Cold
Coins Available
1000+
Manage over 5,500 digital assets + install over 100 apps
Storage Type
Cold
Coins Available
100+
Full colour touchscreen + encrypted storage on cloud
Storage Type
Cold
Coins Available
1000+
Connect through Bluetooth + use Ledger Live app
Storage Type
Cold
Coins Available
100+
Earn up to $16 worth of crypto in Coinbase
Min Investment
$25
Coins Available
100+
Stake and earn almost up to 40% yield
Min Investment
$50
Coins Available
50+
Stake and earn 5%-20% APY + get cash back
Storage Type
Cold
Coins Available
300+
Manage multiple wallets in one platform
Storage Type
Software
Coins Available
IOTA
Earn up to 11.01% APR with staking crypto
Min Investment
$50
Coins Available
1 million+
Buy Crypto directly with USD, EUR, and GBP
Min Investment
1 XLM
Coins Available
255+

Polkadot Analysis

Polkadot (DOT) Analysis Summary

The true value of Polkadot lies in its solid technical foundation and functionality. It has a good chance of being used across the blockchain industry, making the platform more valuable. Many analysts and investors are following this technology closely.

Although the recent price of Polkadot is relatively lower than its highest-ever price, it still represents a 240% increase since its ICO. This growth makes the token enticing to investors looking for a long-term investment.

Leading analyst platforms predict that DOT will view a bullish trend in the next few years. They predict the average trading price of the DOT to be $16.27 by 2023, with a potential ROI of 161%. The analysts assume that by 2025, the DOT token can reach a maximum value of $39.85, with an average trading price of $32.40.

The DOT token is expected to cross the $100 valuation by the year 2028. It is expected to be traded at an average price of $103.28. By 2030, the experts believe that DOT would at least be traded at $210.45. This would offer investors a potential ROI of 3400%.

Analysis Q&As

What is Polkadot price today?

Polkadot - DOT price today is [price] within 24-hour trading volume of [Volume].

What is Polkadot price in Canada?

Polkadot - DOT price today is [price] within 24-hour trading volume of [Volume].

What is Polkadot price in USA?

Polkadot - DOT price today is [price] within 24-hour trading volume of [Volume].

What was the highest price for Polkadot?

Polkadot hit an all time high of [All High].

What was the lowest price for Polkadot?

Polkadot had an all time low of [All Low].

What was the 24 hours trading volume of Polkadot?

The 24 hour trading volume of Polkadot is [Volume].

What Polkadot value has been traded in the past 24 hours?

The Polkadot value traded over the last 24 hour is [Volume].

Where can Polkadot be traded?

You can trade Polkadot on CoinSmart, Bitbuy, NetCoins, Newton, and Coinberry. The popular trading pairs for Polkadot in the market includes DOT/USD, Polkadot/CAD, Polkadot/EUR, Polkadot/GBP, and Polkadot/AUD. Polkadot is a token that is related to the Polkadot, categories.

Where to buy Polkadot in Canada?

You can buy Polkadot in Canada on CoinSmart, Bitbuy, NetCoins, Newton, and more. Check out other popular Polkadot exchanges on our best crypto exchange in Canada article.

Where to buy Polkadot in USA?

You can buy Polkadot in USA on CoinSmart, Coinbase, Binance, KuCoin, and more. Check out other popular Polkadot exchanges on our best crypto exchange in the USA article.

What exchange is Polkadot on?

Online traders can buy or sell Polkadot (DOT) on the top crypto exchange, such as Crypto.com, Kraken, Binance, and FTX.

What wallets can store Polkadot?

You can store your Polkadot safely on Zengo, Keepkey, Trezor Model One, Ledger Nano S, and Trezor Model T wallet. To see more popular wallet visit our best crypto wallet article.

wealthy simple free stock ad banner

Polkadot Price CAD Conversion

Convert Polkadot to CAD

DOT to CAD

DOT

CAD

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert CAD to Polkadot

DOT to CAD

CAD

DOT

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Convert 0.001 DOT to CAD

0.001 [BTC]

$26.19928 [CAD]

Polkadot Technicals

See Comparewise coin rating definitions for more information.

Polkadot Price Statistics
Polkadot Price Today

12/01/2022

Polkadot Price

$22,014.48

Polkadot Price Change (24H)

$22,014.48

Polkadot Price (24H Low)

$22,014.48

Polkadot Price (24H High)

$22,014.48

Polkadot Price (All Time High)

$22,014.48

Polkadot Market Cap

$22,014.48

Polkadot Volume (24H)

$22,014.48

Polkadot Circulating Supply

$121.3M

Grow your finances today.

By submitting, you agree to comparewise’s terms of use and privacy policy.

Browse coins by category

Avalanche is a platform for creating custom blockc...

DeFi (pronounced dee-fye) is short for decentraliz...

Crypto metaverses are immersive virtual worlds wit...

NFT stands for non-fungible token. It's generally ...

Polkadot is a protocol that connects blockchains ...

Solana is a proof-of-stake cryptocurrency with sma...

Earn Crypto Bonuses

See the top crypto deals and welcome bonuses on the market.