Polkadot Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot (CRYPTO: DOT) has seen a 3.18% increase in price over the last 24 hours, reaching $9.0, despite a week of no overall gain. The coin's all-time high is $54.98, and its market cap ranks #15 at $12.14 billion. Trading volume fell by 7% over the week, while circulating supply rose by 0.35% to 1.35 billion.
April 08, 2024 | 3:02 pm
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Polkadot (DOT) has experienced a 3.18% increase in price to $9.0 over the last 24 hours, despite a stagnant week. The market cap is now $12.14 billion, with a slight increase in circulating supply.
The short-term price increase of 3.18% indicates a positive momentum for Polkadot, which could attract more investors. However, the decrease in trading volume might suggest a lack of strong buying interest at this level, potentially limiting further immediate gains. The increase in circulating supply is relatively minor and unlikely to have a significant impact on price in the short term.
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IMPORTANCE 75
RELEVANCE 100