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DOT (Polkadot) fell 3.41% in 24 hours.
Gate News Bot news, on November 14, according to CoinMarketCap, as of the time of publication, DOT (Polkadot) is currently priced at 2.86 USD, having fallen by 3.41% in the last 24 hours, with a high of 3.52 USD and a low of 2.84 USD. The 24-hour volume reached 305 million USD. The current market capitalization is approximately 4.681 billion USD, a decrease of 165 million USD from yesterday. Currently, DOT ranks 27th in the market capitalization leaderboard of Crypto Assets.
Important news about DOT recently:
1️⃣ Acurast completed millions in funding, enhancing Polkadot ecosystem strength Acurast, a decentralized privacy computing project based on smartphones, has completed a $11 million financing round, with participation from notable investors including Polkadot founder Gavin Wood. The project plans to launch its mainnet and release its native token ACU on November 17, aiming to bring new technological innovations and application scenarios to the Polkadot ecosystem, enhancing the overall appeal of the ecosystem.
2️⃣ Expansion of DOT staking channels, liquidity improvement Polkadot (DOT) has landed on a new on-chain staking platform, providing users with more staking gain opportunities. This initiative helps to increase the liquidity and use cases of DOT, which may have a positive impact on its value stability.
3️⃣ Polkadot network functionality fully restored, operating smoothly The sending, receiving, and staking functions of the Polkadot network have recently been fully restored to normal. These functions were temporarily suspended due to the network migration requirements. The complete restoration of these functions helps to enhance user confidence and ensure the stable operation of the network.
From a technical perspective, although the price of DOT has fallen in the past 24 hours, the recent comprehensive restoration of network functionality and the continuous expansion of the ecosystem may lay a more solid foundation for its future development. The addition of new projects and the expansion of staking channels are expected to enhance the activity and attractiveness of the Polkadot ecosystem, potentially providing support for the price of DOT in the medium to long term.
This message is not to be taken as investment advice; investors should be aware of market volatility risks.