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Polkadot's DOT token rises 4.8% to $1.14 after recent volatility

Market News
16 Oct 2026
Tokenpost
View Source
Bullish
Polkadot's DOT token rises 4.8% to $1.14 after recent volatility

Polkadot's native token, DOT, increased by 4.833% to $1.1437 as of October 16, reflecting a recovery after earlier volatility. The token is essential for staking, governance, and network fees on the Polkadot platform. Earlier in the month, DOT experienced a sharp one-hour drop to $1.05 on October 8, highlighting market fluctuations. This recent gain indicates renewed investor interest and potential stabilization in the token's value.

Polkadot's DOT shows a notable 5.99% increase on Pluang as of Oct 16, 2026 23:11 WIB, slightly above the article's reported 4.833% rise to $1.1437. The token trades at Rp21.081 with a market cap of Rp36,39 trillion, and an active buy interest of 93% on the platform. This contrasts with its circulating supply at 82% of total, suggesting strong demand among available tokens during this period.

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