2021-12-24 16:23 |
Polkadot (DOT) has been on the rise since December 20 and analysts believe the recent pullback is over and the coin is now poised for the moon.
To help investors and traders who want to buy Polkadot coin, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
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What is Polkadot (DOT)?Polkadot (DOT) is the native token of the Polkadot protocol.
In a nutshell, the Polkadot protocol is an open-source sharding multichain protocol that was built to facilitate the transfer of data and assets across multiple chains.
Cross-chain interoperability aims at making a fully decentralized and private web of blockchains controlled by users.
The DOT token is used for providing network governance, financing the creation of parachains, and the general operations within the network.
Should I buy the Polkadot coin today?If you want to invest in a cryptocurrency that is on the rise, then Polkadot is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Polkadot price predictionPolkadot has been on the rise since December 20 and analysts predict that the price shall continue rising towards its all-time high before the end of the year.
$DOT social media coverageUpdates on the rewards distribution for @Polkadot Slot Auction:
🔸 The distribution will be postponed till projects complete DOT mainnet launch
🔸 Estimated date ~2022-02-16 UTC
A further announcement will be posted when the distribution is complete.https://t.co/HA4tgbYmSE
Congratulations to @clover_finance on winning Polkadot's fifth auction!
Clover will be onboarded at block #8179200 [Dec. 18] at the beginning of lease 6 with the other first 5 auction winners. Over 5.4K network stakeholders locked up DOT in favor! pic.twitter.com/M2Cy1KqgtQ
The post Where to buy Polkadot coin: the coin has bounced back after its recent pullback appeared first on Invezz.
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