Category Archives: Dot

Polkadot (DOT) Bulls Push Toward $4.8 Resistance, Breakout Ahead?

Posted on by — No Comments ↓

Polkadot (DOT) has been gaining significant bullish momentum, with its price steadily approaching the critical resistance level of $4.8. This upward movement suggests a strong presence of positive sentiment in the market. As DOT nears this key resistance, speculations are about whether the bulls can maintain their dominance and drive the price higher. A successful breakout… Continue reading Polkadot (DOT) Bulls Push Toward $4.8 Resistance, Breakout Ahead?→

Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion

Posted on by — No Comments ↓

The recent report released by the Polkadot Treasury for the first half of 2024 has raised concerns over an impending funding crisis. The report indicates that the Treasury’s assets, spread across multiple chains, have become increasingly complex and challenging to manage effectively.  Decentralized finance (DeFi) researcher DeFi Ignas has analyzed the report, highlighting the Treasury’s… Continue reading Polkadot Treasury Faces Impending Funding Crisis: Limited To 24 Months Before Exhaustion→

Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?

Posted on by — No Comments ↓

Polkadot (DOT), a prominent player in the blockchain ecosystem, is currently experiencing a dramatic decline, prompting a bearish alert. The cryptocurrency is in freefall, with its price plummeting towards new lows. A combination of market-wide volatility, negative investor sentiment, and regulatory pressures fuels this sharp downturn. As DOT’s value continues to erode, investors are advised… Continue reading Polkadot (DOT) In Freefall: Will It Recover Or Hit Rock Bottom?→

Polkadot (DOT) Forms Rising Wedge Pattern, Bullish Or Bearish?

Posted on by — No Comments ↓

Polkadot (DOT), a popular cryptocurrency in the blockchain space, has been making waves with its innovative approach to interoperability and scalability. However, like any financial asset, its price movement is subject to various technical analysis patterns, one of which is the rising wedge chart pattern. The formation of a rising wedge pattern on DOT’s price… Continue reading Polkadot (DOT) Forms Rising Wedge Pattern, Bullish Or Bearish?→

Polkadot Price Sets Sights on New Highs: DOT Bullish Momentum Building

Posted on by — No Comments ↓

Polkadot (DOT) is consolidating gains above the $7.40 zone against the US Dollar. The price could start another increase if it clears the $7.70 resistance. DOT gained pace and tested the $7.70 resistance level against the US Dollar. The price is trading above the $7.20 zone and the 100-hourly simple moving average. There is a… Continue reading Polkadot Price Sets Sights on New Highs: DOT Bullish Momentum Building→

Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?

Posted on by — No Comments ↓

Polkadot (DOT) has come under the spotlight with crypto analysts laying out bullish narratives for the crypto asset. One of them is crypto expert Michaël van de Poppe, who believes Polkadot could rise to as high as $25 in this bull run.  Polkadot Could Reach $25 On Next Leg Up Michaël van de Poppe mentioned… Continue reading Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?→

DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction?

Posted on by — No Comments ↓

Polkadot (DOT) is correcting gains from the $7.5 resistance against the US Dollar. The price could start another increase if it stays above the $6.75 support. DOT gained pace and tested the $7.5 resistance level against the US Dollar. The price is trading above the $7.00 zone and the 100 simple moving average (4 hours).… Continue reading DOT Price (Polkadot) Reaches Key Juncture, Is This Bulls Trap or Correction?→

Record-Breaking Q1 For Polkadot: Daily Active Addresses Hit 514,000 As DOT Price Surges 7%

Posted on by — No Comments ↓

According to a Messari report, the Polkadot (DOT) blockchain protocol made significant progress in the first quarter (Q1) of the year in terms of market capitalization, revenue, and Cross-Consensus Message Format (XCM) activity, as well as a record increase in daily active addresses. DOT’s Market Cap Surges 16% QoQ During Q4 2023, Polkadot’s market capitalization… Continue reading Record-Breaking Q1 For Polkadot: Daily Active Addresses Hit 514,000 As DOT Price Surges 7%→

DOT Price (Polkadot) Approaches Key Level: Should Traders Brace for Sharp Drop?

Posted on by — No Comments ↓

Polkadot (DOT) is showing bearish signs below the $8 resistance against the US Dollar. The price could extend its decline if it fails to stay above $6.00. DOT is gaining pace below the $8.80 and $8.00 levels against the US Dollar. The price is trading below the $7.20 zone and the 100 simple moving average… Continue reading DOT Price (Polkadot) Approaches Key Level: Should Traders Brace for Sharp Drop?→

Polkadot Unveils Major Upgrade Plan: Relay Chain Replacement And 10M DOT Prize Incentive

Posted on by — No Comments ↓

Gavin Wood, the founder of the Polkadot protocol, has unveiled a new Gray Paper outlining the forthcoming Join-Accumulate Machine (JAM) upgrade for the network. This announcement occurred during Wood’s presentation on Polkadot’s future at the Token2049 crypto conference in Dubai.  Wood introduced the JAM Implementer’s Prize, a 10 Million DOT prize pool, to encourage diverse… Continue reading Polkadot Unveils Major Upgrade Plan: Relay Chain Replacement And 10M DOT Prize Incentive→