{"id":418,"date":"2021-01-15T06:18:58","date_gmt":"2021-01-15T06:18:58","guid":{"rendered":"https:\/\/cryptonita.co\/?p=418"},"modified":"2021-01-26T13:17:31","modified_gmt":"2021-01-26T13:17:31","slug":"dot-flip-polkadot-overtakes-xrp-to-become-the-fourth-largest-cryptocurrency-2","status":"publish","type":"post","link":"https:\/\/cryptonita.co\/?p=418","title":{"rendered":"Polkadot now the 4th largest crypto. OK, what is it?"},"content":{"rendered":"

After posting a massive gain of 26% (in just 24 hours) <\/span>Polkadot’s DOT token<\/span><\/a> surpassed <\/span>Ripple\u2019s XRP.<\/span><\/a> As DOT rose from roughly $11 to an all-time high of $14.80, Polkadot became the fourth largest cryptocurrency project by market cap.<\/span><\/p>\n

Ok, but what is Polkadot?<\/h4>\n

Polkadot<\/span><\/a> can be thought of as<\/span> an ecosystem of interoperable blockchains (called parachains). Parachains operate in parallel and transact with each other within a highly scalable framework. In other words, Polkadot is an internet of blockchains.<\/em><\/p>\n

TLDR<\/span><\/strong><\/p>\n