Polkadot Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot (CRYPTO: DOT) has seen a price increase of 3.27% in the last 24 hours, reaching $8.48, with a 15% increase over the past week from $7.37. The trading volume for DOT has risen by 47% in the past week, while its circulating supply decreased by 0.21%. Currently, DOT's market cap ranks it 14th at $11.27 billion.
February 28, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Polkadot (DOT) has experienced a significant price increase of 3.27% in the last 24 hours and a 15% increase over the past week, with its trading volume also rising by 47%.
The price increase of 3.27% in the last 24 hours and 15% over the past week, along with a 47% increase in trading volume, indicates strong market interest and positive momentum for Polkadot. The slight decrease in circulating supply could further drive up the price due to reduced availability. Given these factors, the short-term impact on DOTUSD is likely positive.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100