DOT icon Polkadot price (DOT)

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--Past 24h
Data provided by CoinGecko

What is Polkadot?

Polkadot (DOT) is a blockchain system aimed at solving all the major problems surrounding Ethreum and Bitcoin. For instance, the system works with a main blockchain that is liable for security and controls. To the main blockchain, users can attach parachains to it, this is also called a mini blockchain. In this way, the system can conduct transactions in a secure but also convenient way.

3.0 blockchain

By working with a main blockchain to which various miniblockchains can be attached. The system is very similar to the 3.0 blockchain.

raised 200 million

Polkadot has already managed to raise 200 million during two investment rounds. This will allow them to develop further to compete with Ethereum.

DeFi

Polkadot wants to play a big role in DeFi projects in the future. For example, Polkadot already has 4 million worth of DeFi.

When is a good time to get in?

Polkadot statistics from the last 24 hours

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More about the Polkadot price

Bullish start

Polka Dot came out in 2020 with a price of €5.27 which soon slumped to €3.73. This was followed by a bullish move in early 2021 and the price rose to €34.89.

Bullrun

After a sharp rise, (DOT) experienced a correction to €11.36. But shortly after this, a bullrun followed which pushed (DOT) up to €44.98.

Bear market

Also (DOT) got caught up with the 2022 bear market which caused the price to drift to €6.07.

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