What is Polkadot Coin (DOT)?
*Polkadot (DOT) is an open-source sharding multichain protocol that facilities the cross-chain transfer of any data or asset type. it make the blockchain interoperable with each other.
*Polkadot (DOT) protocol connects public as well as private chains, oracles, permission less network, and future technologies. it allows independent blockchains to share information and transaction through the Polkadot relay chain.
Who are the founders of Polkadot (DOT) coin?
*Polkadot (DOT) was founded by Dr. Gavin wood, Robert Habermeier ,and Peter Czaban.
How many Polkadot (DOT) tokens in circulation?
*There are 1 Billion DOT tokens available in circulation, following the network's redenomination from an initial maximum supply of 10 million tokens in august 2020. This redenomination was to avoid the use of small decimals to avoid complex calculation.
Polkadot (DOT) tokens price prediction
*Polkadot is a very strong token due to its parallel processing and security. The current price of the Polkadot token is $14.75 in july 2021. Its all-time high price was more than $45. According to the Polkadot DOT token uses we can say its value will go up in the upcoming months. If you hold this token you can get huge profit from it. Its value will go up to $70-$100 in the future.
Where you can buy the Polkadot tokens?
*The polkadot tokens are available in many major crypto exchanges like Binance, WazirX, Huobi, Coindcx, BitBNS, HBTC, etc. The token can be bought in DOT/USDT, DOT/BNB, DOT/INR pairs.
What makes Polkadot (DOT) Unique?
*Polkadot's parallel processing power improves the scalability of the network. it is a shared multichain network that can process multiple transaction on several chains in parallel (also called 'Parachains'). Customs blockchain can be easily connected with Polkadot's network within minutes.
*The network of Polkadot is also highly flexible, and adaptive which allows the information sharing between participants similar to like apps on smartphones. It can be automatically updated without any fork needed to order to implement new features or remove bugs. These functionalities make Polkadot unique among others.
Future analysis of Polkadot