{"id":34834,"date":"2021-01-16T10:46:04","date_gmt":"2021-01-16T08:46:04","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=34834"},"modified":"2025-08-28T22:24:37","modified_gmt":"2025-08-28T19:24:37","slug":"polkadot-becomes-the-fourth-largest-crypto-asset-by-market-capitalisation-overtaking-xrp","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/polkadot-becomes-the-fourth-largest-crypto-asset-by-market-capitalisation-overtaking-xrp\/","title":{"rendered":"Polkadot becomes the fourth-largest crypto asset by market capitalisation, overtaking XRP"},"content":{"rendered":"<p>The DOT token price rose 58.4% over seven days and 175% over the last month. This has allowed the coin to displace XRP from the fourth spot in the crypto-asset market-cap rankings.<!--more--><\/p>\n<p>At the time of writing, DOT&#8217;s total market value stands at $14 billion, and the token price at $14.78.<\/p>\n<div id=\"attachment_122200\" style=\"width: 1289px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-122200\" class=\"size-full wp-image-122200\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Polkadot-1.png\" alt=\"Polkadot becomes the fourth-largest crypto asset by market capitalisation, overtaking XRP\" width=\"1279\" height=\"341\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Polkadot-1.png 1279w, https:\/\/u1f987.com\/wp-content\/uploads\/Polkadot-1-300x80.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Polkadot-1-1024x273.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Polkadot-1-768x205.png 768w\" sizes=\"auto, (max-width: 1279px) 100vw, 1279px\" \/><\/p>\n<p id=\"caption-attachment-122200\" class=\"wp-caption-text\">\u0414\u0430\u043d\u043d\u044b\u0435: <a href=\"https:\/\/www.coingecko.com\/en\/coins\/all\" target=\"_blank\" rel=\"noopener noreferrer\">CoinGecko<\/a>.<\/p>\n<\/div>\n<p>Many members of the crypto community are optimistic about DOT&#8217;s prospects. A user known as Mr.Business does not rule out the token price reaching $100 amid a possible Ethereum rally to $5,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24DOT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$DOT<\/a> hit a new ATH<\/p>\n<p>And its not on Grayscale<\/p>\n<p>Its not on Coinbase<\/p>\n<p>And its 12x from ETH\u2019s MC.<\/p>\n<p>So if we believe <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> will go to 5k \u2014 how can <a href=\"https:\/\/twitter.com\/search?q=%24DOT&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$DOT<\/a> not go to $100?<\/p>\n<p>\u2014 Mr.Business (@Adouble212) <a href=\"https:\/\/twitter.com\/Adouble212\/status\/1349467955101380609?ref_src=twsrc%5Etfw\">January 13, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The Polkadot interoperability protocol was created by Ethereum co-founder and Parity Technologies director Gavin Wood. Polkadot is widely regarded as one of the most promising next-generation blockchain projects. The protocol is based on Parity&#8217;s Substrate framework.<\/p>\n<p>The Polkadot token sale took place in 2017. The project raised $145 million by selling 5 million DOT. But funds for development proved insufficient, and in 2019 the Polkadot team conducted a secondary token sale. According to The Wall Street Journal, since then the project&#8217;s market capitalisation grew to $1.2 billion.<\/p>\n<p>According to <a href=\"https:\/\/www.polkaproject.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">PolkaProject<\/a>, the Polkadot network already hosts 338 projects\u2014from stablecoins to social networks. In early autumn 2020 there were about 200 of them, and the network itself was launched only in May this year.<\/p>\n<p>Earlier, the rise in DOT&#8217;s price significantly <a title=\"\u041e\u0431\u044a\u0435\u043c \u0442\u043e\u0440\u0433\u043e\u0432 \u0431\u0438\u0440\u0436\u0435\u0432\u044b\u043c \u043f\u0440\u043e\u0434\u0443\u043a\u0442\u043e\u043c BTCE \u043d\u0430 Deutsche B\u00f6rse \u0432\u044b\u0440\u043e\u0441 \u0434\u043e \u0443\u0440\u043e\u0432\u043d\u044f \u0442\u0440\u0430\u0434\u0438\u0446\u0438\u043e\u043d\u043d\u044b\u0445 ETF\" href=\"https:\/\/u1f987.com\/obem-torgov-birzhevym-produktom-btce-na-deutsche-borse-vyros-do-urovnya-traditsionnyh-etf\/\" target=\"_blank\" rel=\"noopener noreferrer\">accelerated in December 2020<\/a> amid support from Binance, the largest cryptocurrency exchange.<\/p>\n<p>Follow ForkLog news on <a href=\"https:\/\/www.facebook.com\/forklog\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The DOT token price rose 58.4% over seven days and 175% over the last month, allowing the coin to displace XRP from the fourth spot in the crypto-asset market-cap rankings.<\/p>\n","protected":false},"author":1,"featured_media":34835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1145,1461,112],"class_list":["post-34834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-market-analysis","tag-polkadot-dot","tag-ripple"],"aioseo_notices":[],"amp_enabled":true,"views":"19","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34834","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=34834"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34834\/revisions"}],"predecessor-version":[{"id":34836,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/34834\/revisions\/34836"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/34835"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=34834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=34834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=34834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}