Polkadot is on the verge of hitting a 3-day losing streak, after failing to break the resistance at $24.719. This...
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
Despite its growing popularity, even the Polkadot price is not immune to the wider cryptocurrency weakness. So, is DOT now...
The Polkadot price is back on the defensive after failing to clear resistance. Furthermore, if DOT loses the $13.62 support,...
The Polkadot price is gaining momentum as sentiment in the crypto industry improves. The coin has jumped by more than...
The Polkadot price is on the verge of a major bearish breakout even as Bitcoin remains solidly above $32,000. The...
The Polkadot price is below all of its major support levels. This could lead to a flush out for DOT...
The Polkadot price is rebounding today as part of the general cryptocurrency price rally. DOT is trading at $12.28, which...
The Polkadot price has snapped higher and is seemingly breaking out. However, for the rally to take hold, DOT needs...
The Polkadot price has bounced back from its lowest level in July. The coin is trading at $14.28, which is...
The Polkadot price has been unstoppable over the last two weeks. But there are signs that even after rallying 75%,...