30 August 2026
Polkadot Hits ATH And Becomes Fifth Largest Digital Currency
Cryptocurrency got its new fifth-largest blockchain in the crypto market- Polkadot. The digital currency Polkadot (DOT) has set a new record since the network’s history which leads to DOT market capitalization to a new level above Litecoin.
From December 2020, Polkadot has been on a strong price momentum pushing up from $5.22 on December 28 to $9.1 on January 1.
As per Coinmarketcap data, the cryptocurrency Polkadot went up to $11.60 earlier today and that marks its all-time high. The Polkadot increased by 40% in 24 hours and following its price the market capitalization also has increased accordingly.
The Coinmarketcap data shows Polkadot market valuation above $10.2 billion with a current circulating supply of 899,578,983. As a result, Polkadot gained a fifth position in the cryptocurrency market and surpassed Litecoin (LTC) and Bitcoin Cash (BCH).
Currently, Ripple (XRP) is holding the fourth position with a market capitalization of around $13.28 billion. It would be interesting to see if Polkadot will overtake XRP as well.
The founder of the Polkadot is Gavin Wood, one of the founders of the leading blockchain network, Ethereum. It was released in May 2020 and is growing vigorously. It became the seventh-largest cryptocurrency on 8th September 2020. Polkadot blockchain has attracted many developers building on it, including projects like KILT and Moonbeam, which is reportedly working on scalable smart contracts.
Explore related on CoinsCapture
Coins
Discussion
0 comments