Polkadot Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot's (CRYPTO: DOT) price has risen by 3.16% in the last 24 hours, reaching $5.42. Over the past week, the price has increased by over 3%, starting from $5.24. The coin's all-time high is $54.98. Trading volume has surged by 80% over the past week, and the circulating supply has grown by 0.03% to over 1.30 billion. Polkadot's current market cap is $7.05 billion, ranking it 16th.
December 01, 2023 | 3:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Polkadot (DOT) has experienced a 3.16% increase in price over the last 24 hours and a weekly rise of over 3%, with a significant 80% increase in trading volume.
The price increase of Polkadot (DOT) over the past 24 hours and week, along with a substantial rise in trading volume, suggests a positive sentiment among investors, which could lead to a short-term bullish trend for DOTUSD. The increase in circulating supply is relatively small and is unlikely to have a significant impact on the price. The market cap ranking provides additional context but does not directly influence short-term price movements.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100