Price Polkadot (DOT)

Polkadot, or more precisely its token, the Dot, which is associated with this exchange protocol, is a “young network”, officially launched in July 2020.
Thanks to its record-breaking fundraising in 2017, the project was able to be rolled out with great fanfare, and enjoy very favorable reviews from experts in cryptocurrency and finance in general.
Like any virtual currency, Polkadot’s share price is by definition volatile, but it has been rising sharply since its inception.
Currently, the DOT price reached its highest historical value in November 2021, at nearly $55.
Its lowest level was reached at the time of its creation (which is understandable): less than $3 in August 2020.
Above and beyond these prices, Polkadot enjoys a solid reputation, both with the general public and with crypto and other financial professionals.
Daily trading volumes have reached several hundred million dollars.

The Polkadot infrastructure is the brainchild of British computer programmer Gavin Wood.
Driven by a visionary approach that goes far beyond cryptocurrencies, he helped create the Web3 Foundation.
This organization’s ambition was to decentralize the Web, and cryptocurrencies are precisely one of the tools of this decentralization.
Better still, they embody it.
Also known as Web 3.0 (hence the name of the foundation), the technologies employed for this purpose are an integral part of this decentralization movement.
On the strength of its ambition and the dynamism of its members, the Web3 Foundation achieved the feat of raising a gigantic amount of funds in 2017 to bring this project to fruition.
The Polkadot protocol was thus officially born in July 2020, and so was the DOT token (its cryptocurrency) associated with this infrastructure.
The Polkadot price has since soared.
The Polkadot project has thus facilitated communication and data transfer between heterogeneous blockchains (public, private, oracle, and all associated 3.0 technologies) without a trusted third party, while ensuring the security of these exchanges.
The Polkadot cryptocurrency quickly made a name for itself, and just as quickly entered the world’s top 10 cryptocurrencies.

Key investors include Outlier Ventures, Polychain Capital, and Kenetic Capital, venture capital funds specializing in blockchain technologies that believe in Polkadot’s vision of creating an interoperable multi-chain network.
Polkadot has also raised significant funds via several token sales, including an ICO in 2017 that raised around $145 million, followed by additional private funding rounds to support its development.
The project also benefits from the support of Web3 Foundation, which plays a crucial role in the funding and development of the Polkadot ecosystem.

Polkadot stands out for its unique ability to connect different blockchains, enabling interoperability and communication between them, which is essential for the future of decentralized applications.
This multi-chain network offers superior scalability and increased flexibility, attracting many developers and projects looking to build interoperable solutions.
Polkadot is backed by an experienced team, including Ethereum co-founder Gavin Wood, reinforcing its credibility and technological potential.
Polkadot uses a decentralized governance model, giving DOT holders an active role in decisions on network updates and evolution.