Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Polkadot
Decentralized Funding Protocol Polimec Launches On Polkadot
Decentralized and community-driven funding parachain Polimec has officially announced its launch on Polkadot, kickstarting a new era of community-funded projects on Polkadot. Polimec aims to provide a transparent way for projects and teams to raise funds and issue tokens, maintaining regulatory compliance throughout the process. Polimec Launches On Polkadot The launch of Polimec on Polkadot ushers in a new era of decentralized fundraising, prioritizing access, community involvement, and regulatory compliance. The parachain already has its inaugural project, Apillon, an infrastructure…
1 year ago
Polimec Brings Decentralized Fundraising to Polkadot
Zug, Switzerland, May 20th, 2024, Chainwire Decentralized funding protocol Polimec has launched with the goal of kickstarting a new era of community-funded Polkadot projects. The protocol provides a transparent way for teams to raise funds and issue tokens while maintaining regulatory compliance. The first project to feature on Polimec is Apillon, an infrastructure solution for web3 developers. With the start of the first Evaluation Round on Polimec, investors get the opportunity to appraise projects and decide whether they should advance…
1 year ago
Polkadot Price Analysis: DOT Battles To Stay Above $7
Polkadot (DOT) is battling to stay above $7 after a weekend dominated by sellers. The price dropped to $6.93 on Sunday after considerable gains during the previous week. Polkadot (DOT) had a fairly strong showing during the previous week, rising by 6,58% over the past seven days. Polkadot (DOT) Drops Below $7 After Strong Week After a strong week, Polkadot (DOT) fell back into the red over the weekend, slipping back below the crucial $7 mark. DOT started the previous…
1 year ago
Polkadot Price Recap: $DOT Trades Back Above $7
Polkadot ($DOT) continues the battle to keep above the $7 mark. $DOT started the week off trading below its support level, regaining its strength to gain 4% over the past week. The battle continues as Polkadot claws its way back to trade above $7. The coin saw a good week, gaining 4.08% in the past seven days, at $7.02. Polkadot ($DOT) Barely Maintains Recovery After starting the week close to its bearish support level of $6.40, $DOT managed to recover…
1 year ago
Rollblock (RBLK) vs. Tron (TRX) and Polkadot (DOT): Which Crypto Offers Better Returns?
This year, there are a lot of tokens in the altcoin market with promising capabilities for gains and there are also startup tokens that are gleaming with potential to disrupt the market they’re tapping into. While some of the most savvy investors eye Tron (TRX) coin and Polkadot (DOT) token due to recent developments in their network, others have caught on to the new online gambling GameFi protocol called Rollblock (RBLK). Showing signs of rivaling Tron and Polkadot, Rollblock may…
1 year ago
Polkadot Price Analysis: DOT Soars As Crucial Support Level Holds Once More
Polkadot (DOT) has been experiencing choppy waters over the past month, with sellers pushing the price as low as $6.41. However, despite the bearish sentiment, DOT’s support level of $6.40 has held strong. Polkadot (DOT) has rebounded once again over the past few days as buyers took control of the market and pushed the price above $7. Polkadot (DOT) Has Strong Week The Polkadot (DOT) price has had a strong week after dropping dangerously close to its support level of…
1 year ago
Polkadot Price On The Verge Of Massive Breakout, Can It Reach $25?
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 in an X (formerly Twitter) post that Polkadot’s next rally will see it climb between $20 and $25. He explained that the crypto token has…
1 year ago
Founder Institute Partners with Polkadot To Empower Web3 Startup Founders
The Founder Institute has forged a strategic alliance with Polkadot, heralding the commencement of the inaugural Web3 cohort within its Core Program. Collab Announcement On May 14, the renowned pre-seed startup accelerator Founder Institute unveiled its landmark collaboration with Polkadot via X.com. The partnership aims to pioneer the first-ever Web3 cohort within the Founder Institute's Core Program, setting the stage for a transformative journey in startup acceleration and Web3 technology education. The institute announced the news on X.com on May…
1 year ago
Polkadot Ecosystem Insights: April 2024 Highlights
While the Polkadot (DOT) price may be caught in the doldrums for the time being, there’s a lot going on in the Polkadot ecosystem, including tech updates, important discussions, and feedback. Let’s go over some of these developments, including participation on the network, discussions on the Polkadot forum, developer wishlists, and important ecosystem topics. Robust Developer Participation The Polkadot ecosystem has demonstrated its vibrancy and robust developer participation over the past month. To better understand this activity, let’s look at…
1 year ago