Polkadot Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot (CRYPTO: DOT) has seen a 4.1% increase in its price over the last 24 hours, reaching $10.52. This is part of a larger trend, with a 30.0% gain over the past week from $8.09. The coin's trading volume has surged by 138.0% in the same period, and its circulating supply has slightly increased by 0.14% to 1.34 billion. Polkadot's current market cap is $14.09 billion, ranking it #13.
March 05, 2024 | 3:03 pm
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Polkadot (DOT) has experienced a significant 4.1% increase in price over the last 24 hours, reaching $10.52, alongside a 30.0% gain over the past week. The trading volume for DOT has also seen a substantial rise of 138.0%, with a slight increase in circulating supply.
The significant increase in Polkadot's price and trading volume, along with its ranking improvement, suggests a strong bullish sentiment among investors. The slight increase in circulating supply is also a positive sign of growth and stability for DOT. These factors combined indicate a likely short-term upward trend in DOT's price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100