The Polkadot price set a new record of $55.12 on Wednesday as the total value of altcoins surged to $1.56 trillion. Polkadot (DOT) is trading at $52.77 (-1.16%), a 7-day gain of 29.5%, and +470% year-to-date. Polkadot’s current market cap is $51.8 billion, ranking it the 8th most valuable cryptocurrency behind Ripple (XRP). Several bullish catalysts have emerged for Polkadot recently. Firstly the cryptocurrency market, especially altcoins, is extremely robust. In the last two days, the combined value of all…
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