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From $3.88 to $13? Polkadot's 2025 Bull Case Explained🔥🔥🔥🔥
Polkadot ($DOT ) has gained ~12.6% this month, currently trading around $3.88. Analysts project it could reach $5.60 by end-2025 in a moderate bull case, and even $13–$14 in a full breakout🔥🔥.
🎉🎉 With rising interest in parachain activity and stronger ETH interoperability, $DOT may be gearing up for a big move. Short-term resistance is near $4.00, but long-term holders are eyeing much higher targets.
#dot #palkadot
Polkadot ($DOT ) has gained ~12.6% this month, currently trading around $3.88. Analysts project it could reach $5.60 by end-2025 in a moderate bull case, and even $13–$14 in a full breakout🔥🔥.
🎉🎉 With rising interest in parachain activity and stronger ETH interoperability, $DOT may be gearing up for a big move. Short-term resistance is near $4.00, but long-term holders are eyeing much higher targets.
#dot #palkadot
RichardAtwood:
Institutions will start pouring their money, DOT will be included in ETF. The crypto market will also increase every year. DOT will be a new coin burning
Polkadot (DOT) Price Prediction for 2025
In 2025, Polkadot (DOT) is expected to trade between $8.11 and $23.45, with a potential high of $32.21.
A key price point to watch is $14.04. If DOT breaks above this Fibonacci level, it could signal a bullish reversal, leading to significant growth. On the downside, support around $3.55 is crucial for maintaining a positive trend. A drop below this level may indicate weakness.
$DOT
#DOT_UPDATE #palkadot
In 2025, Polkadot (DOT) is expected to trade between $8.11 and $23.45, with a potential high of $32.21.
A key price point to watch is $14.04. If DOT breaks above this Fibonacci level, it could signal a bullish reversal, leading to significant growth. On the downside, support around $3.55 is crucial for maintaining a positive trend. A drop below this level may indicate weakness.
$DOT
#DOT_UPDATE #palkadot
Here’s an article based on the Twitter post about ChessOnchain on Polkadot:
ChessOnChain on Polkadot: Play, Earn, and Win Big!
Bringing Chess to the Blockchain Revolution
Chess meets blockchain in ChessOnChain, an innovative platform built on Polkadot that allows players to earn rewards while enjoying their favorite strategy game. This decentralized chess ecosystem enables users to play competitive matches, earn NFT checkmates, and win tokens by participating in tournaments and bounties.
Your Moves, Your Rewards
ChessOnChain is not just about playing chess—it’s about competing and earning. Every game played on the platform is a chance to win. Players can climb leaderboards, participate in special challenges, and unlock valuable digital assets as they improve their skills.
The ChessJAM Campaign is LIVE!
The platform has recently launched the ChessJAM Campaign, offering participants a prize pool of over $5,000. Whether you’re a casual player or a seasoned chess enthusiast, you can join tournaments and compete for a share of over $10,000 in rewards.
Key Features of ChessOnChain
• Blockchain-Powered Chess: Secure and decentralized gameplay on the Polkadot network.
• Play & Earn Model: Win tokens and NFTs with every match.
• Competitive Tournaments: Challenge players globally and climb the leaderboards.
• Bounty System: Take on special chess bounties and earn exclusive prizes.
How to Get Started?
1. Join the ChessOnChain community on Twitter or through their official website.
2. Sign up and connect your wallet to start playing.
3. Compete in games, tournaments, and leaderboards to earn rewards.
4. Win NFTs and crypto prizes while enjoying an immersive chess experience.
The Future of Chess Gaming
ChessOnChain represents a new era where strategy, skill, and blockchain technology converge. By integrating NFTs, tokens, and smart contracts, the platform is transforming chess from just a game into a profitable and engaging Web3 experience.
Whether you’re a chess master or a casual player, ChessOnChain offers a unique way to enjoy and monetize your gameplay. So why just play chess when you can play, earn, and win $DOT #BinanceAlphaAlert
#dot #DOT_UPDATE #palkadot #CryptoNewss
Bringing Chess to the Blockchain Revolution
Chess meets blockchain in ChessOnChain, an innovative platform built on Polkadot that allows players to earn rewards while enjoying their favorite strategy game. This decentralized chess ecosystem enables users to play competitive matches, earn NFT checkmates, and win tokens by participating in tournaments and bounties.
Your Moves, Your Rewards
ChessOnChain is not just about playing chess—it’s about competing and earning. Every game played on the platform is a chance to win. Players can climb leaderboards, participate in special challenges, and unlock valuable digital assets as they improve their skills.
The ChessJAM Campaign is LIVE!
The platform has recently launched the ChessJAM Campaign, offering participants a prize pool of over $5,000. Whether you’re a casual player or a seasoned chess enthusiast, you can join tournaments and compete for a share of over $10,000 in rewards.
Key Features of ChessOnChain
• Blockchain-Powered Chess: Secure and decentralized gameplay on the Polkadot network.
• Play & Earn Model: Win tokens and NFTs with every match.
• Competitive Tournaments: Challenge players globally and climb the leaderboards.
• Bounty System: Take on special chess bounties and earn exclusive prizes.
How to Get Started?
1. Join the ChessOnChain community on Twitter or through their official website.
2. Sign up and connect your wallet to start playing.
3. Compete in games, tournaments, and leaderboards to earn rewards.
4. Win NFTs and crypto prizes while enjoying an immersive chess experience.
The Future of Chess Gaming
ChessOnChain represents a new era where strategy, skill, and blockchain technology converge. By integrating NFTs, tokens, and smart contracts, the platform is transforming chess from just a game into a profitable and engaging Web3 experience.
Whether you’re a chess master or a casual player, ChessOnChain offers a unique way to enjoy and monetize your gameplay. So why just play chess when you can play, earn, and win $DOT #BinanceAlphaAlert
#dot #DOT_UPDATE #palkadot #CryptoNewss
Polkadot (DOT) – Powering the Multi-Chain Future
Polkadot (DOT)#palkadot is a next-generation blockchain designed for interoperability, scalability, and shared security. Founded by Ethereum#Ethereum co-founder Dr. Gavin Wood, Polkadot connects multiple blockchains (parachains) through a central Relay Chain, enabling them to exchange data securely and efficiently.
Key features:
Interoperability: Seamless data exchange between blockchains.
Scalability: Parallel transaction processing via parachains.
Governance: DOT holders propose and vote on upgrades.
Forkless Upgrades: Smooth network improvements without hard forks.
With a fast-growing ecosystem and strong developer support, Polkadot is a leading project for building the decentralized web. Available on Binance, DOT is a top choice for long-term crypto investors.
#palkadot
Key features:
Interoperability: Seamless data exchange between blockchains.
Scalability: Parallel transaction processing via parachains.
Governance: DOT holders propose and vote on upgrades.
Forkless Upgrades: Smooth network improvements without hard forks.
With a fast-growing ecosystem and strong developer support, Polkadot is a leading project for building the decentralized web. Available on Binance, DOT is a top choice for long-term crypto investors.
#palkadot
Polkadot (DOT) Exhibits Bullish Potential on Weekly Chart
Technical analysis of the DOT/USDT pair reveals a promising scenario. On the weekly timeframe, Polkadot's price action is successfully holding above the cup and handle formation. This pattern is often indicative of a potential reversal or continuation of an uptrend.
Key observations:
- #DOT/USDT maintains position above the cup and handle formation on the weekly chart
- This pattern suggests a possible rise in price
- Traders and investors are closely watching for a potential breakout.
$DOT #dot #palkadot #BinanceLaunchpoolBIO #MarketRebound
Technical analysis of the DOT/USDT pair reveals a promising scenario. On the weekly timeframe, Polkadot's price action is successfully holding above the cup and handle formation. This pattern is often indicative of a potential reversal or continuation of an uptrend.
Key observations:
- #DOT/USDT maintains position above the cup and handle formation on the weekly chart
- This pattern suggests a possible rise in price
- Traders and investors are closely watching for a potential breakout.
$DOT #dot #palkadot #BinanceLaunchpoolBIO #MarketRebound
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Overview of the DOT token (Polkadot)
Polkadot (DOT) is the native token of the Polkadot blockchain protocol, created in 2016 by Gavin Wood, one of the co-founders of Ethereum. Polkadot is a multi-chain protocol (layer-0) that enables interoperability between various blockchains, allowing data and assets to be transferred between them. The DOT token serves three key functions:
DOT 2.0 is coming and I’m Bullish on
DOT ecosystem.
Starting late last year, DOT surged from 3.60$ in October 2023 to 7.90$ in February 2024. The increasing interest from investors in the Polkadot 2.0 upgrade, the DED airdrop, and top applications suggests a potential 5x - 10x increase for $DOT from its current price in 2024/2025
The ecosystem has diverse projects, interoperability, and the scalability make it a prime investment opportunity. And investing in Polkadot means access to a thriving ecosystem of parachains, enabling cross-chain communication and innovation.
Polkadot investors have a say in how things work through a special system. They get to be a part of decisions and improvements in the network.
The $DOT ecosystem is also expanding fast, and it's worth keeping an eye on. Here are the excellent projects building in Polkadot:
1-hydra_dx- Making things easier for treasuries, DAOs, and protocols, HydraDX stands out in Polkadot's DeFi world with its growth and innovative approach.
2-centrifuge- Bridging real-world assets (RWAs) with the blockchain, Centrifuge leads the integration of RWAs with DeFi, showcasing the practical side of blockchain.
3-StellaSwap- Enhancing accessibility and efficiency, StellaSwap allows smooth liquidity transfer from EVM chains to Polkadot.
4-SubsocialChain- As Polkadot's premier social network, Subsocial empowers creators and consumers through unique mechanisms like Creator Staking, shaping a new social media era.
5-bifrostesport- A key player in Liquid Staking Tokens (LST), Bifrost Finance leads Polkadot's DeFi scene with offerings like vDOT and liquid tokens for ETH, MANTA, FIL, and more.
6-playmythical- Set to launch on Polkadot, Mythical Games promises an impressive entry with its large existing user base.
7-InterlayHQ- Offering a decentralized Celsius-like experience, Interlay provides safe and reliable access to Bitcoin liquidity without hidden leverage often found in other financial instruments like ETFs.
$DOT #palkadot #rwa
#CryptoPresident
DOT ecosystem.
Starting late last year, DOT surged from 3.60$ in October 2023 to 7.90$ in February 2024. The increasing interest from investors in the Polkadot 2.0 upgrade, the DED airdrop, and top applications suggests a potential 5x - 10x increase for $DOT from its current price in 2024/2025
The ecosystem has diverse projects, interoperability, and the scalability make it a prime investment opportunity. And investing in Polkadot means access to a thriving ecosystem of parachains, enabling cross-chain communication and innovation.
Polkadot investors have a say in how things work through a special system. They get to be a part of decisions and improvements in the network.
The $DOT ecosystem is also expanding fast, and it's worth keeping an eye on. Here are the excellent projects building in Polkadot:
1-hydra_dx- Making things easier for treasuries, DAOs, and protocols, HydraDX stands out in Polkadot's DeFi world with its growth and innovative approach.
2-centrifuge- Bridging real-world assets (RWAs) with the blockchain, Centrifuge leads the integration of RWAs with DeFi, showcasing the practical side of blockchain.
3-StellaSwap- Enhancing accessibility and efficiency, StellaSwap allows smooth liquidity transfer from EVM chains to Polkadot.
4-SubsocialChain- As Polkadot's premier social network, Subsocial empowers creators and consumers through unique mechanisms like Creator Staking, shaping a new social media era.
5-bifrostesport- A key player in Liquid Staking Tokens (LST), Bifrost Finance leads Polkadot's DeFi scene with offerings like vDOT and liquid tokens for ETH, MANTA, FIL, and more.
6-playmythical- Set to launch on Polkadot, Mythical Games promises an impressive entry with its large existing user base.
7-InterlayHQ- Offering a decentralized Celsius-like experience, Interlay provides safe and reliable access to Bitcoin liquidity without hidden leverage often found in other financial instruments like ETFs.
$DOT #palkadot #rwa
#CryptoPresident
Polkadot ($DOT
T/USDT Technical Analysis & Trade Signal
Trend: Bullish momentum (+10.64% in 24h)
Support Level: $6.85
Resistance Levels: $7.65, $7.80, $8.00
Trade Signal: Buy 📈
DOT has broken resistance at $7.30 and is showing strong upward momentum with high 24-hour trading volumes.
Targets:
1. 🎯 $7.80 (Short-term)
2. 🎯 $8.00 (Mid-term)
3. 🎯 $8.25 (Aggressive target)
Momentum: Strong, but watch for RSI levels as they may approach overbought territory. A slight pullback toward $7.50 could present a good re-entry opportunity.
#BinanceAlphaAlert #GrayscaleHorizenTrust #BinanceLabsBacksUsual #palkadot
T/USDT Technical Analysis & Trade Signal
Trend: Bullish momentum (+10.64% in 24h)
Support Level: $6.85
Resistance Levels: $7.65, $7.80, $8.00
Trade Signal: Buy 📈
DOT has broken resistance at $7.30 and is showing strong upward momentum with high 24-hour trading volumes.
Targets:
1. 🎯 $7.80 (Short-term)
2. 🎯 $8.00 (Mid-term)
3. 🎯 $8.25 (Aggressive target)
Momentum: Strong, but watch for RSI levels as they may approach overbought territory. A slight pullback toward $7.50 could present a good re-entry opportunity.
#BinanceAlphaAlert #GrayscaleHorizenTrust #BinanceLabsBacksUsual #palkadot
🔥Investing in DOT coin can be seen as a promising opportunity for several reasons:
1. Innovative Technology: Polkadot's unique architecture allows for interoperability between different blockchains, which is becoming increasingly important as the blockchain ecosystem grows. This innovation positions Polkadot as a leader in the space.
2. Strong Use Cases: With applications in decentralized finance (DeFi), non-fungible tokens (NFTs), and cross-chain solutions, DOT has a wide range of practical uses that can drive demand for the token.
3. Active Development Community: Polkadot has a vibrant and active development community, continuously working on improvements and new projects. This ongoing development fosters confidence in the platform's future potential.
4. Governance and Staking Rewards: By holding DOT, investors can participate in governance decisions and earn staking rewards, providing additional incentives to invest.
5. Market Position: As one of the top cryptocurrencies by market capitalization, DOT has established itself as a significant player in the crypto market, attracting attention from both retail and institutional investors.
6. Long-Term Vision: Polkadot's vision for a decentralized web aligns with broader trends in technology and finance, making it a potentially valuable investment as these trends continue to evolve.
While investing in any cryptocurrency involves risks, the unique features and potential of DOT coin make it worth considering for those looking to diversify their investment portfolio in the blockchain space. As always, it's essential to conduct thorough research and consider your risk tolerance before making any investment decisions.$DOT
#palkadot #ToTheMoon🌕✨
1. Innovative Technology: Polkadot's unique architecture allows for interoperability between different blockchains, which is becoming increasingly important as the blockchain ecosystem grows. This innovation positions Polkadot as a leader in the space.
2. Strong Use Cases: With applications in decentralized finance (DeFi), non-fungible tokens (NFTs), and cross-chain solutions, DOT has a wide range of practical uses that can drive demand for the token.
3. Active Development Community: Polkadot has a vibrant and active development community, continuously working on improvements and new projects. This ongoing development fosters confidence in the platform's future potential.
4. Governance and Staking Rewards: By holding DOT, investors can participate in governance decisions and earn staking rewards, providing additional incentives to invest.
5. Market Position: As one of the top cryptocurrencies by market capitalization, DOT has established itself as a significant player in the crypto market, attracting attention from both retail and institutional investors.
6. Long-Term Vision: Polkadot's vision for a decentralized web aligns with broader trends in technology and finance, making it a potentially valuable investment as these trends continue to evolve.
While investing in any cryptocurrency involves risks, the unique features and potential of DOT coin make it worth considering for those looking to diversify their investment portfolio in the blockchain space. As always, it's essential to conduct thorough research and consider your risk tolerance before making any investment decisions.$DOT
#palkadot #ToTheMoon🌕✨
🚨 Polkadot (DOT) Price Update & Outlook 🚨
📉 Price Drop Explanation: Polkadot (DOT) is currently trading at $3.97, showing a 2.93% decline. This drop can be attributed to:
Inflation Concerns: The network's inflation rate has been debated, leading to some selling pressure.
Developer Activity Decline: A slight decrease in developer activity may be affecting network growth and, in turn, DOT's price.
🔮 Future Price Potential: However, there are positive signs ahead:
Inflation Rate Adjustment: The Polkadot community has voted to reduce the inflation rate from 10% to 7.78%, potentially reducing selling pressure.
Polkadot 2.0 Launch: The upcoming launch of Polkadot 2.0 promises enhanced scalability and interoperability, which could attract more users and developers, boosting DOT’s value.
💹 Price Predictions:
Short-term: DOT could see some fluctuations, with potential support around $3.74. If market conditions stabilize, it could rise to $5.25.
Long-term: With ongoing upgrades and community support, DOT has the potential to reach $6.50 and beyond, especially if Polkadot continues to grow its ecosystem.
📈 The Bottom Line: While short-term volatility remains, these developments set the stage for potential future growth. Stay informed and keep an eye on DOT’s progress as these changes unfold!
#Binance #palkadot #dot #BTC #Price-Prediction $DOT
💬 What Do You Think About Polkadot (DOT)? 💬
Do you believe DOT will rise in price to $5.25 or higher soon?
🔵 Yes
🔴 No
Vote and let’s see what everyone thinks! 👇
📉 Price Drop Explanation: Polkadot (DOT) is currently trading at $3.97, showing a 2.93% decline. This drop can be attributed to:
Inflation Concerns: The network's inflation rate has been debated, leading to some selling pressure.
Developer Activity Decline: A slight decrease in developer activity may be affecting network growth and, in turn, DOT's price.
🔮 Future Price Potential: However, there are positive signs ahead:
Inflation Rate Adjustment: The Polkadot community has voted to reduce the inflation rate from 10% to 7.78%, potentially reducing selling pressure.
Polkadot 2.0 Launch: The upcoming launch of Polkadot 2.0 promises enhanced scalability and interoperability, which could attract more users and developers, boosting DOT’s value.
💹 Price Predictions:
Short-term: DOT could see some fluctuations, with potential support around $3.74. If market conditions stabilize, it could rise to $5.25.
Long-term: With ongoing upgrades and community support, DOT has the potential to reach $6.50 and beyond, especially if Polkadot continues to grow its ecosystem.
📈 The Bottom Line: While short-term volatility remains, these developments set the stage for potential future growth. Stay informed and keep an eye on DOT’s progress as these changes unfold!
#Binance #palkadot #dot #BTC #Price-Prediction $DOT
💬 What Do You Think About Polkadot (DOT)? 💬
Do you believe DOT will rise in price to $5.25 or higher soon?
🔵 Yes
🔴 No
Vote and let’s see what everyone thinks! 👇
🔵 Yes
67%
🔴 No
33%
116 votes • Voting closed
🚀 24‑Hour PalkaDot Coin Forecast 🚀
📈 Price Outlook
DOT is currently trading at $3.44 and showing signs of an upward breakout. The price respected the $3.39 support and bounced, aligning with a strong reversal pattern. If momentum sustains above $3.45, a move toward $3.52 is expected within 24 hours. Tight Bollinger Bands and a failed bearish breakdown suggest volatility expansion to the upside.
🔍 Technical Momentum
On the 4h chart, RSI is printing hidden bullish divergence — prices made lower lows, but RSI made higher lows, signaling a shift in momentum. MACD histogram is ticking upward, and a bullish cross is near. 50‑EMA resistance at $3.50 is in focus; reclaiming it will unlock room toward $3.52. Parabolic SAR dots flipped below price, confirming near-term bullishness. Ichimoku’s lower cloud band is being tested — a breach signals breakout.
🌐 On‑Chain Strength
No surge in active addresses (~9k), but stability indicates healthy user retention. Over 150k DOT exited exchanges in the past 24 hours, hinting at short-term accumulation. Top wallets remained steady, with no notable dump from holders. Exchange outflows outweigh inflows, a mild bullish cue.
💼 Institutional Flows
Open interest declined by ~4.7%, likely clearing weak longs. Funding rate remains neutral, showing lack of excessive bias. No major long liquidations occurred today, indicating bears lack control at current levels.
📊 Market Mood
Crypto Fear & Greed Index sits at 49 — neutral zone. Social chatter around DOT on Reddit and Twitter is steady. No hype, no panic — fertile ground for technical-driven upward movement.
🌍 Macro Tailwinds
DXY eased slightly (–0.2%), improving altcoin sentiment. No Fed statements or major CPI releases today. Nasdaq and S&P mildly red — neutral overall backdrop for DOT to move independently.
🔑 Entry & Exit
• Entry: $3.42–$3.44
• Exit: $3.50–$3.52
• Timeframe: 24h
📌 Summary
Price action, indicators, and on-chain flows align for a short-term increase toward $3.52.
#ShoaibFinancialInsights #palkadot #dotcoin
📈 Price Outlook
DOT is currently trading at $3.44 and showing signs of an upward breakout. The price respected the $3.39 support and bounced, aligning with a strong reversal pattern. If momentum sustains above $3.45, a move toward $3.52 is expected within 24 hours. Tight Bollinger Bands and a failed bearish breakdown suggest volatility expansion to the upside.
🔍 Technical Momentum
On the 4h chart, RSI is printing hidden bullish divergence — prices made lower lows, but RSI made higher lows, signaling a shift in momentum. MACD histogram is ticking upward, and a bullish cross is near. 50‑EMA resistance at $3.50 is in focus; reclaiming it will unlock room toward $3.52. Parabolic SAR dots flipped below price, confirming near-term bullishness. Ichimoku’s lower cloud band is being tested — a breach signals breakout.
🌐 On‑Chain Strength
No surge in active addresses (~9k), but stability indicates healthy user retention. Over 150k DOT exited exchanges in the past 24 hours, hinting at short-term accumulation. Top wallets remained steady, with no notable dump from holders. Exchange outflows outweigh inflows, a mild bullish cue.
💼 Institutional Flows
Open interest declined by ~4.7%, likely clearing weak longs. Funding rate remains neutral, showing lack of excessive bias. No major long liquidations occurred today, indicating bears lack control at current levels.
📊 Market Mood
Crypto Fear & Greed Index sits at 49 — neutral zone. Social chatter around DOT on Reddit and Twitter is steady. No hype, no panic — fertile ground for technical-driven upward movement.
🌍 Macro Tailwinds
DXY eased slightly (–0.2%), improving altcoin sentiment. No Fed statements or major CPI releases today. Nasdaq and S&P mildly red — neutral overall backdrop for DOT to move independently.
🔑 Entry & Exit
• Entry: $3.42–$3.44
• Exit: $3.50–$3.52
• Timeframe: 24h
📌 Summary
Price action, indicators, and on-chain flows align for a short-term increase toward $3.52.
#ShoaibFinancialInsights #palkadot #dotcoin
🚀 $DOT — FROM SILENCE TO SUPERSONIC? 🔥
Once a beast at $55, now resting at just $4.51... but don’t let the calm fool you. ⚠️
This isn’t weakness — it’s accumulation. The chart’s whispering what the whales already know. 👀🐋
A breakout is brewing beneath the surface — and when it ignites, you’ll wish you didn’t blink. ⚡🚨
📊 From $3.00 lows to a slow but solid climb — DOT is showing early signs of a macro reversal.
Retail is distracted. Smart money is positioning. Are you in or still watching? 🎯
🧠 History doesn’t repeat, but in crypto... it rhymes.
This might be the last quiet phase before the next vertical liftoff. 🌕🔓
👇 Comment “🌌 DOT Warrior” if you’re not missing this wave again!
Let the doubters scroll — the warriors ride. #Dot #palkadot
Once a beast at $55, now resting at just $4.51... but don’t let the calm fool you. ⚠️
This isn’t weakness — it’s accumulation. The chart’s whispering what the whales already know. 👀🐋
A breakout is brewing beneath the surface — and when it ignites, you’ll wish you didn’t blink. ⚡🚨
📊 From $3.00 lows to a slow but solid climb — DOT is showing early signs of a macro reversal.
Retail is distracted. Smart money is positioning. Are you in or still watching? 🎯
🧠 History doesn’t repeat, but in crypto... it rhymes.
This might be the last quiet phase before the next vertical liftoff. 🌕🔓
👇 Comment “🌌 DOT Warrior” if you’re not missing this wave again!
Let the doubters scroll — the warriors ride. #Dot #palkadot
B
DOT/USDT
Price
4.586
🍿Good news for $DOT holder ! 🥳
Palkadot received New achievement 💐
Heading another ? 🛩️
📈 Record-Breaking Active Addresses: Polkadot's blockchain hit a new high with over 600,000 active addresses, as revealed in a recent post by Polkadot.
💹 DOT Token Performance: Polkadot's native token, DOT, surged by 4.68% in the last 24 hours, currently trading at $8.99. However, it has plummeted by 83% from its peak of $55 in November 2021, as per CoinMarketCap.
📉 Transaction Volume Analysis: Despite the surge in addresses and accounts, Polkadot's transaction volume remains relatively low. In March, it recorded 11.58 million transactions, compared to December 2023's 31.78 million.
🚀 Introduction of DOT is $DED: The Polkadot community jumped on the memecoin bandwagon by launching DOT is $DED, which gained popularity on X starting March 23. Investors received 36 DED tokens for each DOT token held.
🔍 Moonbeam Leads: More than 41% of the active addresses are associated with Moonbeam, a cross-chain smart contract platform. Meanwhile, over 191,000 addresses were generated directly on Polkadot itself.
📈 Positive Growth in Unique Accounts: The number of unique accounts with balances greater than zero surpassed 5.59 million by the end of March, marking an increase from 5.53 million in February.
😕 Adjustments to Airdrop Allocation: To ensure the sustainability of DOT is $DED, the team reduced the initial airdrop allocation from 100% to 5% of the token supply, disappointing some investors.
#BullorBear #Memecoins #palkadot #TrendingTopic #HotTrends
Palkadot received New achievement 💐
Heading another ? 🛩️
📈 Record-Breaking Active Addresses: Polkadot's blockchain hit a new high with over 600,000 active addresses, as revealed in a recent post by Polkadot.
💹 DOT Token Performance: Polkadot's native token, DOT, surged by 4.68% in the last 24 hours, currently trading at $8.99. However, it has plummeted by 83% from its peak of $55 in November 2021, as per CoinMarketCap.
📉 Transaction Volume Analysis: Despite the surge in addresses and accounts, Polkadot's transaction volume remains relatively low. In March, it recorded 11.58 million transactions, compared to December 2023's 31.78 million.
🚀 Introduction of DOT is $DED: The Polkadot community jumped on the memecoin bandwagon by launching DOT is $DED, which gained popularity on X starting March 23. Investors received 36 DED tokens for each DOT token held.
🔍 Moonbeam Leads: More than 41% of the active addresses are associated with Moonbeam, a cross-chain smart contract platform. Meanwhile, over 191,000 addresses were generated directly on Polkadot itself.
📈 Positive Growth in Unique Accounts: The number of unique accounts with balances greater than zero surpassed 5.59 million by the end of March, marking an increase from 5.53 million in February.
😕 Adjustments to Airdrop Allocation: To ensure the sustainability of DOT is $DED, the team reduced the initial airdrop allocation from 100% to 5% of the token supply, disappointing some investors.
#BullorBear #Memecoins #palkadot #TrendingTopic #HotTrends
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