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Pocket Network price

Pocket Network pricePOKT

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Price of Pocket Network today

The live price of Pocket Network is $0.03583 per (POKT / USD) today with a current market cap of $58.74M USD. The 24-hour trading volume is $793,916.54 USD. POKT to USD price is updated in real time. Pocket Network is 2.82% in the last 24 hours. It has a circulating supply of 1,639,345,800 .

What is the highest price of POKT?

POKT has an all-time high (ATH) of $3.1, recorded on 2022-01-16.

What is the lowest price of POKT?

POKT has an all-time low (ATL) of $0.02118, recorded on 2023-09-11.
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Pocket Network price prediction

What will the price of POKT be in 2025?

Based on POKT's historical price performance prediction model, the price of POKT is projected to reach $0.04989 in 2025.

What will the price of POKT be in 2030?

In 2030, the POKT price is expected to change by +4.00%. By the end of 2030, the POKT price is projected to reach $0.07924, with a cumulative ROI of +127.70%.

Pocket Network price history (USD)

The price of Pocket Network is -67.04% over the last year. The highest price of POKT in USD in the last year was $0.4716 and the lowest price of POKT in USD in the last year was $0.02804.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+2.82%$0.03461$0.03601
7d-30.53%$0.03159$0.04981
30d-31.07%$0.03159$0.07386
90d-3.52%$0.03159$0.07386
1y-67.04%$0.02804$0.4716
All-time-98.47%$0.02118(2023-09-11, 1 years ago )$3.1(2022-01-16, 2 years ago )

Pocket Network market information

Market cap
$58,744,259.43
+2.82%
Fully diluted market cap
$60,311,117.73
+2.82%
Volume (24h)
$793,916.54
-46.46%
Market rankings
Circulation rate
97.00%
24h volume / market cap
1.35%
Circulating supply
1,639,345,800 POKT
Total supply / Max supply
1.68B POKT
-- POKT
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Pocket Network ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Pocket Network (POKT)

What Is Pocket Network?

Pocket Network is a blockchain data platform designed to meet the growing demands of Web3 and decentralized applications (dApps). This decentralized infrastructure acts as a bridge, connecting over 40 supported blockchains with their respective dApp ecosystems. Launched in July, 2020, Pocket Network has emerged as a pivotal player in the blockchain space, addressing the centralization issues prevalent in the RPC layer of the Web3 stack.

The platform operates on a Proof-of-Stake (PoS) consensus mechanism, ensuring a secure and efficient environment for transactions and interactions within the network. With its innovative approach, Pocket Network is not just a blockchain service; it's a paradigm shift in how data is distributed and accessed in the Web3 world.

Resources

Official Documents: https://docs.pokt.network/

Official Website: https://www.pokt.network/

How Does Pocket Network Work?

Pocket Network addresses a critical paradox in the blockchain ecosystem: the reliance on a limited number of centralized service providers for accessing decentralized networks. By offering a decentralized alternative, Pocket Network ensures that applications and projects of all sizes have reliable, scalable, and private infrastructure at their disposal. The network boasts thousands of full nodes, servicing the data needs of more than 50 different blockchains. This setup provides developers with constant uptime, optimized quality of service, and maximum privacy, all while maintaining a strong stance against censorship.

The mechanics of Pocket Network are both elegant and efficient. Service Nodes, powered by the POKT token, facilitate data relay between blockchains and applications. These nodes operate in a distributed manner, ensuring load balancing and reducing the need for additional infrastructure to handle traffic surges – a common challenge in traditional Web2 cloud-powered infrastructures. The unique 'Session' data structure of Pocket Network allows for the equitable distribution of work among Service Nodes, enhancing the network's resilience and efficiency.

Furthermore, Pocket Network's staking and inflation mechanisms are designed to optimize resource allocation. By tying rewards directly to inflation and reducing the frequency of on-chain fee payments, the network ensures a sustainable and balanced economic model. This model not only incentivizes node operators but also lowers the barrier to entry, enabling professional infrastructure providers to participate and contribute to the network's growth.

What Is POKT Token?

POKT is the utility token token of the Pocket Network ecosystem. The token creates a permissionless market between node providers and developers. Node operators are rewarded in POKT for running full nodes and processing data relays, incentivizing the maintenance and expansion of the network's infrastructure. For developers, POKT provides access to this decentralized infrastructure, allowing them to query data from blockchains for their applications and services.

What Determines Pocket Network’s Price?

The price of Pocket Network's native token, POKT, is influenced by a combination of factors typical in the cryptocurrency and blockchain markets. Primarily, the demand and supply dynamics play a crucial role. Demand for POKT is driven by its utility within the Pocket Network ecosystem, where it is used for staking by nodes and accessing network services by developers. As more decentralized applications (dApps) and services integrate with Pocket Network, the demand for POKT naturally increases, potentially driving up its price. Conversely, the supply of POKT is controlled by the network's tokenomics, including its inflation rate and the release schedule of tokens, which can impact its market availability and price.

Another significant factor is the overall performance and adoption of the Pocket Network. As a decentralized infrastructure for Web3 applications, its success in attracting and maintaining a robust network of nodes and a diverse range of dApps can significantly influence investor sentiment. Positive developments, such as partnerships with major blockchain platforms or technological advancements in the network, can boost confidence and demand for POKT. Additionally, the broader market trends in the cryptocurrency and blockchain industry also impact POKT's price. Bullish trends in the market often lead to increased investment in altcoins like POKT, while bearish trends can result in reduced interest and lower prices.

Moreover, regulatory news and global economic factors can sway the price of POKT, as with other cryptocurrencies. Regulatory announcements regarding blockchain and crypto assets can either positively or negatively affect investor sentiment, thereby influencing the price. In the rapidly evolving world of blockchain technology, Pocket Network's adaptability to new regulations and its ability to innovate in response to changing market conditions are crucial for its long-term price stability and growth. By staying attuned to these factors, investors and users of Pocket Network can better understand and anticipate the fluctuations in POKT's price, making more informed decisions in this dynamic blockchain and cryptocurrency landscape.

Pocket Network Social Data

In the last 24 hours, the social media sentiment score for Pocket Network was 3, and the social media sentiment towards Pocket Network price trend was Bullish. The overall Pocket Network social media score was 0, which ranks 609 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Pocket Network being mentioned with a frequency ratio of 0.01%, ranking 422 among all cryptocurrencies.

In the last 24 hours, there were a total of 144 unique users discussing Pocket Network, with a total of Pocket Network mentions of 55. However, compared to the previous 24-hour period, the number of unique users increase by 12%, and the total number of mentions has increase by 77%.

On Twitter, there were a total of 0 tweets mentioning Pocket Network in the last 24 hours. Among them, 0% are bullish on Pocket Network, 0% are bearish on Pocket Network, and 100% are neutral on Pocket Network.

On Reddit, there were 30 posts mentioning Pocket Network in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 6% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
0(#609)
Social contributors (24h)
144
+12%
Social media mentions (24h)
55(#422)
+77%
Social media dominance (24h)
0.01%
X
X posts (24h)
0
0%
X sentiment (24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score (24h)
22
Reddit posts (24h)
30
-6%
Reddit comments (24h)
0
0%

How to buy Pocket Network(POKT)

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Trade POKT perpetual futures

After having successfully signed up on Bitget and purchased USDT or POKT tokens, you can start trading derivatives, including POKT futures and margin trading to increase your income.

The current price of POKT is $0.03583, with a 24h price change of +2.82%. Traders can profit by either going long or short onPOKT futures.

Join POKT copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or POKT tokens, you can also start copy trading by following elite traders.

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FAQ

What is the current price of Pocket Network?

The live price of Pocket Network is $0.04 per (POKT/USD) with a current market cap of $58,744,259.43 USD. Pocket Network's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Pocket Network's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Pocket Network?

Over the last 24 hours, the trading volume of Pocket Network is $793,916.54.

What is the all-time high of Pocket Network?

The all-time high of Pocket Network is $3.1. This all-time high is highest price for Pocket Network since it was launched.

Can I buy Pocket Network on Bitget?

Yes, Pocket Network is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Pocket Network guide.

Can I get a steady income from investing in Pocket Network?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Pocket Network with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Pocket Network (POKT)?

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POKT
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1 POKT = 0.03583 USD
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Bitget Insights

Stacy Muur
Stacy Muur
2024/11/13 15:20
Shannon Upgrade is soon coming to @POKTnetwork. What makes it worth your attention? POKT is an RPC base layer, one of the best performant in the industry: • 1 trillion+ RPC calls handled • 15,000+ active nodes with monthly growth • 60+ chains supported • <20ms latency This is the base layer infrastructure for all types of dApps, from AI to DePIN – similarly to @AlchemyPlatform or @infura_io. Also, Pokt helps Infura serve relays through their DIN marketplace. The progress is impressive.
AI+4.07%
ONE+7.29%
Benyoyo
Benyoyo
2024/09/09 20:12
Here's a draft article on "The Impact of POKT Coin on the Future of Data Management": The Impact of
Here's a draft article on "The Impact of POKT Coin on the Future of Data Management": The Impact of POKT Coin on the Future of Data Management The way we manage data is undergoing a significant transformation. POKT Coin, a decentralized data storage network, is at the forefront of this revolution. Here's the impact of POKT Coin on the future of data management: _Decentralized Data Storage_ - POKT Coin's decentralized network enables secure, private, and censorship-resistant data storage. _Data Ownership and Control_ - POKT Coin gives users full control over their data, enabling them to decide who can access it and when. _Secure Data Sharing_ - POKT Coin's end-to-end encryption and zero-knowledge proofs ensure secure and private data sharing. _Scalability and Interoperability_ - POKT Coin's decentralized network ensures scalability and interoperability, enabling seamless data sharing across different platforms. _New Business Models_ - POKT Coin's token-based incentives enable new business models, such as data monetization and decentralized data marketplaces. _Enhanced Data Privacy_ - POKT Coin's decentralized network and zero-knowledge proofs ensure enhanced data privacy, protecting user identity and sensitive information. _Future-Proof Data Management_ - POKT Coin's decentralized architecture ensures future-proof data management, adaptable to evolving data storage and sharing needs. By decentralizing data storage and sharing, POKT Coin is transforming the future of data management. Join the POKT Coin community today and be part of a revolution that's shaping the future of data.
Benyoyo
Benyoyo
2024/09/09 20:10
Here's a draft article on "The Impact of POKT Coin on the Future of Data Management": The Impact of
Here's a draft article on "The Impact of POKT Coin on the Future of Data Management": The Impact of POKT Coin on the Future of Data Management The way we manage data is undergoing a significant transformation. POKT Coin, a decentralized data storage network, is at the forefront of this revolution. Here's the impact of POKT Coin on the future of data management: _Decentralized Data Storage_ - POKT Coin's decentralized network enables secure, private, and censorship-resistant data storage. _Data Ownership and Control_ - POKT Coin gives users full control over their data, enabling them to decide who can access it and when. _Secure Data Sharing_ - POKT Coin's end-to-end encryption and zero-knowledge proofs ensure secure and private data sharing. _Scalability and Interoperability_ - POKT Coin's decentralized network ensures scalability and interoperability, enabling seamless data sharing across different platforms. _New Business Models_ - POKT Coin's token-based incentives enable new business models, such as data monetization and decentralized data marketplaces. _Enhanced Data Privacy_ - POKT Coin's decentralized network and zero-knowledge proofs ensure enhanced data privacy, protecting user identity and sensitive information. _Future-Proof Data Management_ - POKT Coin's decentralized architecture ensures future-proof data management, adaptable to evolving data storage and sharing needs. By decentralizing data storage and sharing, POKT Coin is transforming the future of data management. Join the POKT Coin community today and be part of a revolution that's shaping the future of data.
Benyoyo
Benyoyo
2024/09/09 20:09
Here's a draft article on "The Impact of POKT Coin on the Future of Data Management": The Impact of
Here's a draft article on "The Impact of POKT Coin on the Future of Data Management": The Impact of POKT Coin on the Future of Data Management The way we manage data is undergoing a significant transformation. POKT Coin, a decentralized data storage network, is at the forefront of this revolution. Here's the impact of POKT Coin on the future of data management: _Decentralized Data Storage_ - POKT Coin's decentralized network enables secure, private, and censorship-resistant data storage. _Data Ownership and Control_ - POKT Coin gives users full control over their data, enabling them to decide who can access it and when. _Secure Data Sharing_ - POKT Coin's end-to-end encryption and zero-knowledge proofs ensure secure and private data sharing. _Scalability and Interoperability_ - POKT Coin's decentralized network ensures scalability and interoperability, enabling seamless data sharing across different platforms. _New Business Models_ - POKT Coin's token-based incentives enable new business models, such as data monetization and decentralized data marketplaces. _Enhanced Data Privacy_ - POKT Coin's decentralized network and zero-knowledge proofs ensure enhanced data privacy, protecting user identity and sensitive information. _Future-Proof Data Management_ - POKT Coin's decentralized architecture ensures future-proof data management, adaptable to evolving data storage and sharing needs. By decentralizing data storage and sharing, POKT Coin is transforming the future of data management. Join the POKT Coin community today and be part of a revolution that's shaping the future of data.
DeborahLewis
DeborahLewis
2024/09/09 18:27
Growth potential refers to the possibility of an asset, investment, or business increasing in value,
Growth potential refers to the possibility of an asset, investment, or business increasing in value, size, or profitability over time. It's the potential for expansion, improvement, or advancement, often driven by factors like: 1. _Innovation_: New technologies, products, or services. 2. _Market demand_: Increasing customer need or desire. 3. _Competition_: Outperforming rivals or entering new markets. 4. _Economic trends_: Favorable economic conditions or growth. 5. _Management and leadership_: Effective strategic decision-making. 6. _Partnerships and collaborations_: Strategic alliances or joint ventures. 7. _Scalability_: Ability to expand operations or production. 8. _Regulatory environment_: Favorable laws, regulations, or policies. In the context of POKT coin, growth potential might come from: 1. _Increased adoption_: More users and applications utilizing the POKT network. 2. _Improving technology_: Advances in the POKT protocol or ecosystem. 3. _Partnerships and collaborations_: Strategic partnerships or integrations. 4. _Growing demand for decentralized applications_: Increased interest in dApps and Web3. 5. _Mainstream recognition_: Greater awareness and acceptance of POKT and its use cases. Keep in mind that growth potential is not a guarantee and involves risks, uncertainties, and volatility.
NOT+3.25%

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