What is Polkadot coin used for?

Polkadot is a protocol that connects blockchains — allowing value and data to be sent across previously incompatible networks (Bitcoin and Ethereum, for example). It’s also designed to be fast and scalable. The DOT token is used for staking and governance ; it can be bought or sold on Coinbase and other exchanges.

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What is Polkadot worth today?

DOT Price Statistics Polkadot Price$20.8224h Low / 24h High$20.27 / $21.15Trading Volume24h$757,134,086.61 37.00%Volume / Market Cap0.03683Market Dominance1.03%Polkadot price today, DOT to USD live, marketcap and chart coinmarketcap.com › currencies › polkadot-new

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What is Luna currency?

LUNA coin is used as a protocol token to reduce the volatility of the stablecoins on the Terra blockchain . It is part of a dual token system with terraUSD: To mint more TerraUSD, the equivalent value of LUNA must be burned. This maintains the stable price of terraUSD and gives LUNA its value.

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