Polkadot's Price Increased More Than 7% Within 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot's (CRYPTO: DOT) price has risen 7.43% in the last 24 hours, reaching $7.1, continuing a weekly upward trend with an 8.0% gain from $6.47. The coin's all-time high is $54.98. Trading volume increased by 25.0%, and circulating supply grew by 0.63% to over 1.32 billion, with a market cap ranking of #13 at $9.44 billion.
January 29, 2024 | 7:00 pm
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Polkadot (DOT) has seen a significant price increase of 7.43% in the past 24 hours and an 8% increase over the past week, with its price now at $7.1. The trading volume has surged by 25%, indicating heightened investor interest.
The price increase and rising trading volume suggest strong market momentum for Polkadot, which could attract more investors and potentially lead to further short-term gains. The increase in circulating supply is relatively small and is unlikely to dampen the positive price movement in the short term.
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IMPORTANCE 85
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