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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Does dot have a future?

TradingBeasts’ DOT price prediction for 2022, 2023, 2025, 2030. According to TradingBeast’s forecast, Polkadot’s price will range between $16 to $24 in the coming months . They aren’t too optimistic with their price prediction for 2023 either, as they estimate that DOT’s price may slide further down.

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Where can I buy a dot token?

Where to buy Polkadot? The DOT token is listed on several large crypto exchanges such as FTX, Kraken, Huobi and Bitfinex . To open an account with one of these exchanges, you’ll need to sign up and identify yourself. The process is straightforward and similar to that of an online brokerage.

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