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
Analysts Predict Shiba Inu to Hit $0.00017, Stacks & Polkadot AI Rival Soar to New Highs
Despite the fact that the crypto community is already familiar with speculation, some of the predictions win a huge audience among investors and crypto fans. Actually, analysts now say that Shiba Inu (SHIB) may reach $0.00017. On the other hand, other projects, including the Stacks and Polkadot are presenting tough competition to Borroe Finance ($ROE) and become more and more popular, getting more and more people. Shiba Inu’s Price Prediction The internet coin Shiba Inu (SHIB), referred to as the…
1 year ago
Polkadot Price Analysis: DOT Drops Perilously Close To Support Level
The Polkadot (DOT) price has witnessed a dramatic downturn primarily due to intense selling activity at the 200-day SMA and 20-day SMA, pushing it to the lower end of its trading range. If sellers manage to breach the lower end of DOT’s trading range, the bearish trend could persist for the foreseeable future, a scenario that investors should be cautious about. Polkadot (DOT) Continues To See Red Looking at the Polkadot (DOT) price chart, we observe a bullish trend at…
1 year ago
Move Over Binance Coin (BNB), Polkadot (DOT), and Near Protocol (NEAR): Rollblock (RBLK) Dominates the Field
Now and then, the cryptocurrency market plunges into a huge frenzy, as traders and buyers search for the next big opportunity. With new cryptocurrency, Rollblock (RBLK) steamrolling the competition with impressive features, it’s time to forget the likes of Binance Coin (BNB), Near Protocol (NEAR), and Polkadot (DOT) Near Protocol Token Might Be One of The Best Cryptocurrencies To Buy Near Protocol (NEAR) has established itself as a mainstay token following its debut in the altcoin market sometime in the…
1 year ago
Polkadot vs Ethereum
Polkadot and Ethereum are blockchains that fulfill different roles and have emerged as industry leaders, gaining significant attention and traction. Polkadot is a heterogeneous multi-chain protocol capable of hosting multiple layer1 blockchains, allowing them to partake in shared security. On the other hand, Ethereum is a general-purpose blockchain that hosts the Ethereum Virtual Machine (EVM). What Is Polkadot Polkadot is a unique platform that allows different blockchains to work together through a novel feature called parachains. The primary goal of…
1 year ago
Polkadot Price Analysis: DOT Continues Downward Trajectory
Polkadot (DOT) continues its downward trajectory as sellers remain in control, with the price dropping towards the support at $6.40. Polkadot (DOT) slipped below the crucial $7 mark on Friday and continued to drop over the weekend, ending Sunday at $6.61. Can Polkadot (DOT) Remain Above $6.40 Over the past few days, Polkadot remained in a defined range, indicating a balance between buyers and sellers. The price was at its highest level of the ongoing month on May 2, when…
1 year ago
Polkadot ($DOT) Price Analysis: Bearish Sentiment Returns
After a promising start to the week, Polkadot ($DOT) failed to maintain its upward momentum and is trading below $7 again. After concluding the previous week in the green, holding its price above $7, $DOT failed to maintain the momentum and is back trading in the red as of Friday, May 10. Bearish Sentiment Returns: $DOT Over the Week Polkadot’s price dropped sharply on Friday after slipping below a crucial support level of $7. $DOT had been trading relatively stable…
1 year ago
Tags
PolkadotTags
PolkadotDOT’s Potential: Amid April’s 22% Drop, Can Polkadot Hit $10 in May?
Polkadot’s (DOT) development activities and blockchain activities show a mixed performance as the price struggles to breach a crucial resistance level at $7.4. According to an analyst, the asset is getting ready for a bullish run as it presents a buying opportunity to investors as it did six months ago. Polkadot (DOT) had a disastrous month in April, declining by 22% and slipping below the $6 support level. As expected, this had a drastic impact on its social metrics including…
1 year ago
Polkadot Price Analysis: DOT In The Red As Crucial Support Cracks
The Polkadot DOT) price is back in the red as it slipped below the crucial $7 level and the 20-day SMA, as bearish sentiment returned on Friday. DOT is currently trading at $6.74, but the price has not seen any significant movement so far, as trading remains muted. Polkadot (DOT) Back In The Red The Polkadot (DOT) price registered a sharp drop on Friday, deflating expectations as it slipped below a crucial support level at $7. The DOT price had…
1 year ago
Which Crypto Reddit Users Recommend for 100X Potential: Solana, Polkadot, and New Crypto Raboo
Crypto Reddit is well-known as a place for uncovering cryptocurrency gems, and three have recently been highlighted for their 100x potential: Solana, Polkadot, and a new crypto known as Raboo. After raising more than $1 million in its presale, Raboo is quickly becoming Reddit's favorite new crypto. Let's find out why these three projects could be 100x gainers. Solana: Meme coin sentiment boosts SOL Solana is a standout on crypto Reddit, celebrated for its blistering transaction speeds—up to 3,500 TPS…
1 year ago