Polkadot Up More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot's (CRYPTO: DOT) price has increased by 3.48% over the past 24 hours to $5.5, despite a 3.0% loss over the past week. The coin's all-time high is $54.98. The trading volume for the coin has decreased by 16.0% over the past week, while the overall circulating supply of the coin has increased by 0.66% to over 1.26 billion. The current market cap ranking for DOT is #13 at $6.91 billion.
July 21, 2023 | 3:00 pm
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Polkadot's price has increased by 3.48% over the past 24 hours, despite a 3.0% loss over the past week. The trading volume has decreased by 16.0% over the past week, while the circulating supply has increased by 0.66% to over 1.26 billion.
The increase in Polkadot's price over the past 24 hours, despite a decrease in trading volume, suggests a positive sentiment among investors. However, the decrease in trading volume could indicate a lack of liquidity, which could impact the coin's price stability. The increase in circulating supply could put downward pressure on the price if demand does not keep up.
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