Price Analysis: The Price Of Polkadot (DOT) Fell More Than 4% In 24 Hours – Mudcreep

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Over the past 24 hours, the price of Polkadot (DOT) has fallen 4.95% to $7.11. 

DOT Price Chart | Source: Coinstats

This continues its negative trend over the past week where it has experienced a 16.0% loss, moving from $8.45 to its current price.

The chart below compares the price movement and volatility for Polkadot (DOT) over the past 24 hours (left) to its price movement over the past week (right). 

DOT Price and Volatility

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. 

See Also: Bitcoin Price Tested $47k As Trading Volume Soars Nearly 120%

The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has tumbled 24.0% over the past week while the circulating supply of the coin has risen 0.65%. 

DOT Circulating Supply and Trading Volume

This brings the circulating supply to 1.32 billion. According to our data, the current market cap ranking for DOT is #12 at $9.36 billion.

Disclaimer: The information provided is not trading advice. holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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