#DOT sinking to a new ATL.
On August 20th, 2020 — five years ago — this amazing project was born. It reached its ATH on November 4th, 2021, hitting an impressive $55.00 USDT.
Since then, it's been a bumpy ride. And today? It's at $3.17, down more than 7%. With the current global uncertainty, I don’t see it rebounding to a decent level anytime soon to consider it a reversal. So here we go — likely heading below $2.69 USDT, its all-time low.
I don’t hold DOT, by the way. But the project is promising.
Market traders need to start valuing projects through foundational analysis. They must realize that the biggest shitcoin in the world is actually BTC. Yep — the one everyone’s buying does nothing but support token trading. No real project, no future, no vision. Just a giant array of wallet hashes and balances.
Meanwhile, projects like Polkadot — with a solid and promising Web3 strategy — keep getting ignored.
I just hope I live long enough to witness a full cultural shift in the crypto space.