Polkadot

Polkadot’s price has seen a significant decline and found support around the critical $6 mark, exhibiting slight fluctuations indicative of low volatility. However, it’s noteworthy that the cryptocurrency remains firmly within a pivotal range, hinting at an imminent breakout. Polkadot Price Analysis: Technicals By Shayan The Daily Chart An in-depth examination of the daily chart reveals a period of subdued price action and sideways consolidation near the $6 mark following a substantial drop below the 100 and 200-day moving averages.…

Polkadot is one of the most successful projects focusing on improving the underlying technology that helps power decentralized applications (dApps).  Polkadot uses parachains, an integral part of the Polkadot ecosystem. These are heterogeneous blockchains connected to Polkadot and are interoperable with the Polkadot network and other parachains.  What Is A Polkdadot Parachain? Polkadot was created by Ethereum co-founder Gavin Wood and Peter Czaban. Wood published the Polkadot whitepaper in 2016 and also launched the Web3 foundation a year later. The…

Whispers are swirling through the crypto markets, with Polkadot (DOT) and Ripple (XRP) holders placing a bullish bet on the revolutionary Fezoo exchange. But what's driving this interest in a newcomer, and how might Fezoo's features impact the price potential of its own token (FEZ)? Let's delve into the recent performance and historical context of these coins to understand their motivations and Fezoo's potential growth trajectory. Polkadot (DOT): Seeking DeFi Nirvana Beyond Ethereum's Bottlenecks Polkadot (DOT), currently priced at $8.54,…

The number of active addresses on the Polkadot network has reached a record high, surpassing 600,000. Unique accounts with non-zero balances are also on the rise, reaching 5.59 million accounts at the end of March. Polkadot is celebrating record adoption with network activity reaching record highs. According to DotLake data, the number of active addresses on the Polkadot network has reached over 600,000. About 41% (248,000), are created on the cross-chain smart contract platform Moonbeam. Another 191,000 are directly on…

Seventy percent of early-stage cryptocurrency investments surge in value, marking the current presale of Koala Coin (KLC) at stage one for just $0.014 as a not-to-miss opportunity. As Polkadot (DOT) climbs, the unique charm of Koala Coin (KLC) could spell significant gains, fanning the flames of FOMO among savvy investors. Unveiling the Unique Appeal of Koala Coin (KLC) Koala Coin (KLC) distinguishes itself with its secure and transparent blockchain technology. This mix of cutting-edge security and engaging meme magic makes…

TL;DR Polkadot (DOT) remains well in the red on a weekly scale following the latest market decline. Nonetheless, some analysts are optimistic about the asset’s potential for significant gains in the near future, adding it to their portfolios. DOT’s Next Possible Move Polkadot’s native token—DOT—tumbled severely during the latest market correction. Its price is down 20% on a weekly scale, briefly plunging below $6. However, it started recovering in the past several hours and is currently trading at around $7…

Polkadot’s price has recently undergone a significant 33% decline triggered by news of the Iran-Israel conflict on April 14th. However, the price found support at the crucial 200-day moving average, suggesting a potential period of consolidation correction. Polkadot Price Technical Analysis By Shayan The Daily Chart A detailed review of the daily chart reveals a substantial downtrend, with Polkadot experiencing a 32% decline following the recent concerning news of Iran invading Israel on April 14th. This plunge breached several critical…

Despite a busy and successful week, Polkadot (DOT) records another day of losses.  Polkadot (DOT) saw one of its busiest weeks, reaching a record 600,000 active addresses and a possible sponsorship deal for the upcoming Paris Olympic Games. Despite its record active addresses and sponsorship possibility, the network is down 3% over the past 24 hours.  Crypto Market Rebound: Polkadot Price Analysis After witnessing a significant uptick and registering new all-time highs across the board, most of the crypto market…

Whales have been exiting the Cardano (ADA) network in droves as interest wanes, triggering notable selling pressure. On the other hand, Borroe Finance ($ROE) is witnessing heightened investor confidence as the network continues to stamp its authority in the Web3 space, making it a notable Filecoin and Polkadot rival. Borroe Finance Instigates AI-Powered Web3 Funding Since the funding process is usually rigorous and time consuming, Borroe Finance seeks to tame this pain point through its NFT-based and AI-driven funding marketplace,…