Polkadot, or more precisely its token, the Dot, which is associated with this exchange protocol, is a “young network”, officially launched in July 2020.
Following its remarkable fundraising in 2017, the project launched with a bang and received largely positive reviews from cryptocurrency specialists and the financial sector.
Although, like any cryptocurrency, Polkadot has inherent volatility, its share price has clearly risen since its inception.
Dot peaked in November 2021 with a price approaching $55.
Its lowest point was recorded when it first came to market, with a value of less than $3 in August 2020.
The DOT price on September 2, 2024 is $4.16.
Moreover, Polkadot enjoys a robust reputation, both among the general public and among financial experts, whether they specialize in cryptos or other financial instruments.
It is not uncommon to see daily trading volumes in excess of several hundred million dollars.
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What is Polkadot (DOT) ?
Introduction
What is Polkadot?
Why choose Polkadot?
Polkadot is a multi-channel data exchange and transfer architecture with a highly secure protocol.
Constantly evolving, this technology is more than just a speculative tool.
It is not limited to a virtual currency, in this case the DOT, its token.
The Dot crypto project encompasses the Polkadot protocol, and the Dot embeds a technological solution that responds to real issues and a very real problem:
- blockchain interoperability.
By providing secure and viable answers to this well-known problem for crypto speculators.
Indeed, the use of this exchange protocol and its virtual currency has enormous potential.
At least, that’s what current indicators suggest.
More and more companies and private speculators are being encouraged to use this technology, which can be employed in virtually every area of the economy.
The Polkadot network, which brings together a number of existing blockchains, looks set to have a bright future ahead of it.
Its innovative concept suggests that it is likely to expand significantly in the years to come.
As a result, the Polkadot (DOT) share price has a good chance of evolving favorably in the medium and long term.
Of course, as with everything to do with crypto-currencies, and speculative products more generally, volatility is high.
So, depending on your strategy, you need to be alert to market opportunities and think short-term, or take a longer-term view.
Why buy Polkadot on Coinhouse?
Coinhouse offers competitive fees and a variety of payment options, making it easy to buy DOT while benefiting from local expertise and customer service available to meet your needs.
How to buy Polkadot on Coinhouse?
- Create an account: Register with Coinhouse and complete the identity check.
- Deposit funds: Add funds to your account via bank transfer or credit card.
- Buy DOT: Access the list of available cryptocurrencies, select Polkadot (DOT), and follow the instructions to complete your purchase.
You can exchange USDC for DOT.
News Polkadot in 2025
In 2024, Polkadot is focusing on major upgrades with Polkadot 2.0, which aims to improve network scalability and interoperability through innovations such as Agile Coretime and asynchronous sharding.
These improvements will facilitate access to computing resources for developers.
New parachains continue to join the ecosystem, testifying to Polkadot’s rapid expansion in the Web3 sector
Price Polkadot (DOT)
€ 3,92
-2.4 %
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