๐ Polkadot ($DOT ) Making Moves! ๐
Price: ~$4.63 USD Binance+2CoinMarketCap+2
Market Cap: ~$7.5 billion Binance+2CoinGecko+2
24h Volume: ~$460-$600 million Binance+3CoinGecko+3Blockworks+3
Circulating Supply: ~1.52-1.62 billion DOT bitFlyer+3CoinGecko+3Blockworks+3
๐ Whatโs Keeping DOT Alive
DOT is up ~5-6% in the last 24h, and around +9-10% week-over-week โ signs of revived interest. CoinGecko+2Coinbase+2
Strong volume across major exchanges, showing good liquidity. CoinGecko+2Blockworks+2
Activation of more parachains, governance activity remain big tailwinds. DOTโs utility still in staking, governance, bonding for network security.
โ Watch Out Forโฆ
Resistance: price still quite far from ATH (~$55), so upside will likely face strong resistance zones. CoinMarketCap+2CoinGecko+2
Inflation / issuance: DOT has inflation mechanisms; new supply entering circulation can weigh on price. Blockworks+1
Broader market sentiment: macro, regulations, risk aversion still major risk factors.
๐ฏ Why DOT Still Counts
Polkadot is one of the stronger cross-chain/interoperability plays in crypto. Its Relay Chain + Parachains architecture is battle-tested, governance is active, staking yields remain attractive, and its role in future โPolkadot 2.0 / core-timeโ improvements could unlock more value.
๐ฌ Your move:
Are you entering on pullbacks (around $4.00-4.30), or waiting for confirmation of a breakout above resistance (maybe ~$5.20-$5.50)?
