Polkadot DOT
Current Price
$2.29 +7.10%
$0.2800 Daily Range (12.23%)
$2.09$2.37
$249.54M Daily Volume
2,696 BTC
Vol/MktCap: 6.63%
Market Performance
0.46% Relative BTC Volume
The total volume of Polkadot is $249.54M over the past 24 hours, compared to $54.58B total Bitcoin volume.
Hourly Moving Average
8 SMA $2.15 +6.28%
13 SMA $2.14 +7.16%
21 SMA $2.13 +7.30%
55 SMA $2.13 +7.68%
144 SMA $2.18 +4.89%
Price Performance
-2.37% 1 Hour Change
$2.29 from $2.35
+1.43% 7 Day Change
$0.0329 from $2.26
+0.19% 14 Day Change
$0.0043 from $2.29
-28.40% 30 Day Change
-$0.6503 from $2.94
All Time High
November 4, 2021
$54.98 -95.84%
-$52.69 vs. now
24H Change
250.46M USD +7.13%
2,706 BTC
Volume and Supply
Total Supply: 1.64B DOT 
1.64B DOT Available100.00% circulating A lower circulating supply may increase over time, reducing scarcity and potentially causing a drop in price. A higher circulating supply is less susceptible to dilution, offering the potential for a more stable price long-term.
Relative Supply Ratio
82.35 x BTC Supply82:1 supply ratio
RSR reflects potential differences in tokenomics, such as inflation rates, utility, or burn mechanisms, which can impact long-term value and scarcity.
Relative Trade Volume
111.90M DOT
traded over past 24 hours
6.81% of circulating supply
A higher trade volume relative to market cap indicates strong market activity and liquidity, while a lower ratio may suggest reduced interest, lower liquidity, or potential price stagnation.
Conversion Tool
Polkadot AI Market Analysis
Polkadot (DOT) is currently trading at $2.32, reflecting a 9.48% increase over the last 24 hours. The price has seen a daily range from a low of $2.09 to a high of $2.37, indicating strong volatility and potential investor interest.
The volume of 251,993,998 represents a 6.59% ratio to market cap, suggesting a healthy trading activity level. The short-term moving averages show bullish momentum, with the 8 SMA at $2.15 indicating a 7.67% increase, and the 21 SMA at $2.13 showing an 8.70% rise, reinforcing a positive sentiment among traders.
The 1-hour RSI at 78 indicates that DOT is approaching overbought territory, which may lead to price corrections in the short term. However, the 7-day RSI at 49 suggests that the asset is currently in a neutral position, providing room for further upward movement without immediate overextension.
In terms of longer-term performance, the 30-day price change shows a significant decline of -26.83%, which reflects ongoing market challenges. Yet, the recent 7-day and 14-day price changes at approximately 3.01% and 2.34%, respectively, suggest a potential trend reversal as investor sentiment shifts.
Given these mixed signals, while the short-term outlook appears bullish with substantial intraday gains, the longer-term downtrend and overbought conditions require caution.
Recommendation: **Hold**. While the recent price action is positive, the overbought RSI and historical declines necessitate a careful approach before considering a buy. Monitor for a potential pullback or consolidation before making further investment decisions.
The volume of 251,993,998 represents a 6.59% ratio to market cap, suggesting a healthy trading activity level. The short-term moving averages show bullish momentum, with the 8 SMA at $2.15 indicating a 7.67% increase, and the 21 SMA at $2.13 showing an 8.70% rise, reinforcing a positive sentiment among traders.
The 1-hour RSI at 78 indicates that DOT is approaching overbought territory, which may lead to price corrections in the short term. However, the 7-day RSI at 49 suggests that the asset is currently in a neutral position, providing room for further upward movement without immediate overextension.
In terms of longer-term performance, the 30-day price change shows a significant decline of -26.83%, which reflects ongoing market challenges. Yet, the recent 7-day and 14-day price changes at approximately 3.01% and 2.34%, respectively, suggest a potential trend reversal as investor sentiment shifts.
Given these mixed signals, while the short-term outlook appears bullish with substantial intraday gains, the longer-term downtrend and overbought conditions require caution.
Recommendation: **Hold**. While the recent price action is positive, the overbought RSI and historical declines necessitate a careful approach before considering a buy. Monitor for a potential pullback or consolidation before making further investment decisions.
Updated 203 minutes ago.
Polkadot Relative Price at Market Cap of:
Polkadot TradingView Chart
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