Polkadot Ecosystem Weekly digest revealed major updates that happened in the network. Performance on the metrics and price fronts was not as promising. Polkadot [DOT] published the latest edition of Polkadot Ecosystem Weekly Digest on 30 January, which highlighted all the notable developments that took place on its ecosystem over the last seven days. 🔹@Polkadot's […]
, DOT did not register promising gains over the last week, as its chart was red. At press time, DOT’s price had declined by over 4% in the last 24 hours and was trading at $6.29 with a market capitalization of over $7.24 billion. Over the last week, DOT’s Binance funding rate declined quite a few times, suggesting less demand from the futures market.has always been in the news for its development activity, last week the scenario was different as the graph declined.
Apart from the development activity, Polkadot’s popularity also took a blow, which was evident from LunarCrush’s . DOT’s social mentions and market dominance declined last week, which suggested that its presence and popularity in the market went down.
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Polkadot [DOT] dropped to a key support zone; can bulls prevail?Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion DOT was neutral after a sharp drop on the 12-hour chart. A price reversal could happen if demand increases at the crucial support zone. The value of Polkadot [DOT] dropped after Bitcoin [BTC] broke […]
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