Looks like we’ve still got some legs in this alt run. $AVAX $FTM $DOT $ADA all looking great
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See the live Polkadot NEW price in USD. Buy Polkadot NEW or add it to your Crypto Strategy.
DOT USD price chart / performance
Data Disclosure
From
Dec 3, 2023
To
Dec 10, 2023
Strategies with DOT
Returns
Return (24h)
-1.87%
Return (7D)
+31.68%
Return (1M)
+42.35%
Return (1Y)
+36.66%
My Investment
Profit Taken
$0.00
0%
Profit/Loss
$0.00
0%
You Have:
$0.00
Polkadot NEW (DOT) History and Overview
The Polkadot crypto protocol is designed to enable unrelated blockchains to securely communicate, so that data and value can flow between, for example, Bitcoin and Ethereum blockchains without any intermediaries. It’s designed with speed and scalability in mind, as it uses many parallel blockchains, known as parachains, which alleviate the main blockchain by taking care of the majority of the processing demand.
The Polkadot coin, DOT, is used for two main purposes within the Polkadot network. It is a governance token, allowing holders to vote on changes and the future of the protocol. The Polkadot asset is also used for staking, whereby users who stake it receive periodical rewards of newly issued DOT. DOT can then be traded on various exchanges.
As such, Polkadot uses the proof-of-stake (PoS) consensus mechanism as opposed to the proof-of-work (PoW) mechanism to verify transactions, secure the network, and distribute new DOT.
How To Buy Polkadot NEW or Add it to your Strategy
The fastest, most convenient way to purchase Polkadot NEW is to purchase it on ICONOMI. We check Polkadot NEW live prices on 10+ crypto exchanges and buy it at the best market price.
You can buy Polkadot NEW by adding it to your private Crypto Strategy (crypto portfolio). You can also use our recurring buy feature that tends to level out cryptocurrency price volatility effects. You can find out more about how to benefit from smaller investments at regular intervals on our blog article.
We recommend you do your own research and cryptocurrency analysis. Experienced crypto traders use fundamental and technical analysis to evaluate if Polkadot NEW is a good buy/sell. Fundamental and technical analyses are the two most common types of analysis used in trading traditional assets (e.g. stocks and bonds).
If you are unfamiliar with analyzing cryptocurrency prices and want to buy Polkadot NEW, we recommend you read the next section, as copying might be a better approach.
Add Polkadot NEW to your portfolio by copying a Strategy
If you are not skilled at these, consider a different approach to investing in cryptocurrencies. You can learn from and copy seasoned crypto traders on ICONOMI who regularly share their insights and manage their public Crypto Strategies. Go to the strategies page and use the “ticker” filter to find out which public Crypto Strategies have Polkadot NEW in their structure.
Posts
Here you can read and comment on all posts made by Strategists about Polkadot NEW DOT. See all Polkadot NEW price predictions in real time and make the best use of their crypto knowledge.
Capella Horizon
22h ago
4 people like this
CARUS-AR
22h ago
Layer 1 ALTS have started to move! What a week, first $ETH outperformed $BTC, and now we see fantastic gains from our largest holding $ATOM and other holdings including $DOT and $NEAR.
Rebalanced, doing our second 'profit taking action'. Adding 0.5% to: $BTC $PAXG and $USDC. As stated on our blog, taking profits as we move up. https://carus-ar.com/blog/carus-ar-profit-taking-strategy-in-case-of-crypto-bull-market.html
13 people like this
Capella Horizon
8 Dec, 2023
Three chains with the most active development are kusama, cardana and dot - been the case for the last year $KSM $ADA $DOT
5 people like this
Pigster Crypto
8 Dec, 2023
Looks like the altcoins followed the $BTC narative. Yesterday $SOL saw a nice pump from which we gave a 4% to $PAXG. Others ($LINK, $INJ and $DOT) followed nicely as well. The plan is the same, from the profits, we'll be taking smaller chunks of % and will be putting them into $PAXG and $USDC. At corrections we'll buy with those positions.
Have a great weekend guys!🤙
3 people like this
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