After trading sideways for almost a week, Polkadot’s price looked set to start another push to the upside. However, the...
Polkadot
Polkadot is a next-generation protocol created in 2016 by Ethereum Co-founder Dr Gavin Wood. The Polkadot protocol enables cross-chain transfers of any data or asset, offering users interoperability with various Blockchains in the Polkadot network.
Polkadot was designed as part of a larger vision for a web that gives consumers back control of the internet. It builds on the former promises of blockchain networks while providing several essential advantages.
Polkadot’s native token is DOT (DOT/USD)
Is Polkadot a good investment?
Like any other crypto, the price of Polkadot investing is highly volatile. Therefore investors should proceed with caution. Furthermore, Polkadot is still in its infancy, and may take time to reach its full potential. As with all cryptocurrencies, Polkadot is not backed by tangible assets, making it a high-risk investment.
How to buy DOT tokens
The first step is to open a cryptocurrency trading account with a trusted broker or exchange like Coinbase or Binance. Once your account is verified, you then link your bank account and deposit fiat currency such as US Dollars or Euros. Once that is done, depending on your goals, you can purchase DOT tokens as a short-term, or long-term investment. DOT Tokens can be held on an exchange or sent to an associated cryptocurrency wallet.
Polkadot latest news
Our Polkadot price prediction suggests that the price could go as high as $11.84 in August. DOT price has created...
Polkadot is up by 3 per cent in today’s trading session, making it the third consecutive day that prices are...
Our previous Polkadot price prediction is playing out exactly as predicted. As suggested in our last article, DOT crypto price...
The latest Polkadot price analysis shows DOT moving past the $7.4 resistance level following yesterday’s strong and aggressive bullish trend...
We’re only six months into a market downturn that could have years to run if the worst-case predictions prove true,...
Throughout the year, the Polkadot price has been consistent in falling. Today, the strong and aggressive bearish trend looks to...
The past few trading sessions have seen Polkadot prices stagnate and trade in a sideways market. Despite today’s trading session...
Polkadot price has resumed its strong bearish trend in today’s trading session, after closing the markets with a percentage gain...
In today’s trading session, Polkadot’s price has surged by 4 per cent and extended yesterday’s 5 per cent aggressive push...