#14 rank
Polkadot

Polkadot dot

Polkadot Price in USD

$7.217

0.38%

0.002 ETH

0 BTC

Price Change

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MAX

Polkadot Price Statistics

Current Price

$7.217

Fully Diluted MarketCap

$13,679,018,225

Total Volume

160,207,371

Total Supply

1,427,957,049.737

Circulating Supply

1,347,026,944.492

What is Polkadot?

Polkadot is a blockchain developed by Gavin Wood, a co-founder of Ethereum. A unique feature of Polkadot is that custom blockchains called Parachains can be created within Polkadot, making it more scalable. Information and data can be easily exchanged between these parachains. Ethereum is undergoing a major update known as Ethereum 2.0, making it more similar to Polkadot in design and operation

The Team Behind Polkadot

Polkadot was founded by The Web3 Foundation, which facilitates open-source blockchain projects. The founders of the Web3 foundation are Gavin Wood, Robert Habermeier & Peter Czaban. Gavin Wood was the co-founder of Ethereum and inventor of Solidity, the programming language used in Ethereum. Robert Habermeier is a Thiel Fellow, a fellowship started by billionaire Peter Thiel, giving $100k to bright and young entrepreneurs. Only 20 are given each year. Czaban is the Web3 Foundation’s Technology Director of Web3 Foundation

Value Driver for Polkadot

Top reasons to invest in Polkadot: 1. The biggest Venture Capital firms in the Crypto space hold Polkadot. 2. Polkadot is in the top 10 cryptocurrencies by market value, which gives more exposure and credibility 3. Users can stake(lock) their DOT tokens and receive income

FAQs

The current price of Polkadot is USD 7.217.

The total supply of Polkadot is 1,427,957,049.737 and circulating supply of Polkadot is 1,347,026,944.492

The trading volume of Polkadot is 160,207,371 in the last 24 hours.