Polkadot (POL) is not the native cryptocurrency of the Polkadot ecosystem. The native cryptocurrency is DOT.$POL
Polkadot (DOT) is a decentralized platform that enables interoperability between different blockchain networks.
Key Statistics:
- Market Capitalization: $7.5 billion
- Circulating Supply: 1.2 billion DOT
- Total Supply: 1.2 billion DOT
- All-Time High: $55.11 (November 2021)
- All-Time Low: $2.44 (August 2020)
DOT Token Utility:
1. Governance: Participate in Polkadot Network decision-making.
2. Staking: Validate transactions and earn rewards.
3. Interoperability: Enable cross-chain transactions.
Polkadot Features:
1. Interoperability: Connects disparate blockchain networks.
2. Scalability: Achieves high transaction speeds.
3. Security: Utilizes nominated proof-of-stake (NPoS) consensus.
Where to Buy DOT:
1. Binance
2. Coinbase
3. Huobi
4. Kraken
Current Price and Trends:
- Current Price: $6.50
- 24-hour Trading Volume: $245 million
- 7-day Price Change: +4.2%
Additional Resources:
- Website: polkadot.network
- Whitepaper: polkadot.network/whitepaper
- Telegram: t.me/PolkadotOfficial
Polkadot has partnered with notable organizations like:
- ChainSafe Systems
- Parity Technologies
- Web3 Foundation
Polkadot's use cases include:
- Cross-chain asset transfers
- Decentralized finance (DeFi)
- Gaming and entertainment
Would you like more information on Polkadot's technology or use cases?