Polkadot (POL) or (DOT) is a decentralized platform that enables interoperability between different blockchain networks.$POL
Key Features:
1. Interoperability: Enables seamless interactions between blockchains.
2. Scalability: Increases scalability through parachain architecture.
3. Security: Enhances security through shared security model.
4. Governance: Decentralized governance through DOT holders.
Token Details:
- Token Name: Polkadot
- Token Symbol: DOT
- Blockchain: Polkadot Blockchain
- Token Standard: Native
- Total Supply: 1.05 billion DOT
- Circulating Supply: 750 million DOT (approximate)
Current Stats:
- Market Cap: $10 billion (approximate)
- Price: $10-$20 (varies)
- 24-hour Trading Volume: $500 million-$1 billion (varies)
- All-time High: $49.69 (February 2021)
- All-time Low: $2.40 (August 2020)
Use Cases:
1. Cross-Chain Interoperability
2. Scalable Blockchain Architecture
3. Decentralized Finance (DeFi)
4. Non-Fungible Tokens (NFTs)
5. Gaming
Partnerships:
- Ethereum
- Bitcoin
- Chainlink
- Cosmos
- Binance Smart Chain
Exchanges:
- Binance
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