Polkadot

Polkadot has seen significant developments over the past week, with the network’s active addresses hitting a record 600,000 and a community-driven initiative that fueled a groundbreaking sports sponsorship.  However, the DOT price has seen a considerable decline over the past week and is down by over 14% over the past 24 hours.  Polkadot Considering Branding Proposal For Paris Olympics Sponsorship  Polkadot’s governance forum has been actively considering a proposal to promote the network at the upcoming Paris Olympic Games through…

Polkadot (DOT) has flashed bullish technicals after a 20% drop in the last 30 days and looks poised to retest March highs this month. Smart investors are looking to take advantage of the discount prices ahead of an imminent price breakout, partly fueled by the coming Bitcoin halving. Polkadot (DOT) has suffered a bearish trend for the last couple of weeks. Market data shows that DOT has recorded a 20% dip in the last 30 days. This trend is consistent…

Polkadot’s price is primed for a potential bullish rebound in the medium term, as it has reached a significant and decisive support zone, including the range between the 0.5 and 0.618 Fibonacci retracement levels, as well as the dynamic support provided by the 100-day moving average. Technical Analysis By Shayan The Daily Chart A detailed examination of the daily chart reveals a substantial downward retracement, with Polkadot experiencing a 30% decline from its yearly high of $11.9. However, sellers have…

TL;DR Despite a recent 20% drop in price, analysts predict a significant uptrend for Polkadot (DOT), with forecasts suggesting it could reach new highs in the coming months. The team behind the blockchain protocol recently introduced “Ambassador Program 2.0” to foster community involvement. The Latest DOT Predictions The 15th largest cryptocurrency by market capitalization – Polkadot (DOT) – has been on a downtrend in the past month, witnessing a price decline of around 20%. Currently, the asset hovers the $8.50…

The cryptocurrency market is buzzing with excitement as notable platforms like Polkadot, Avalanche, and Solana make significant strides. Alongside these giants, an emerging player, BlastUP, is poised to make waves. As the bull run of 2024 continues, industry observers are keenly watching these cryptos, anticipating their next big moves and potential for explosive growth. This article delves into the recent advancements and future prospects of these compelling networks, offering insights into their journey upward. BlastUP Goes Viral, Raising $4 Million…

Polkadot has been undergoing an extended bearish pullback, with its price reaching a notable support area that includes the 100-day moving average and the 0.618 Fibonacci retracement level. Despite this downturn, several indicators suggest a potential resurgence towards the crucial $10 mark. Technical Analysis By Shayan Polkadot’s Price on the Daily Chart A detailed examination of the daily chart illustrates DOT’s sustained bearish retracement following its impressive climb to the yearly high of $11.9. However, upon encountering a significant support…

Polkadot, a blockchain platform designed for interoperability between different blockchains, is experiencing a surge in new users, but a disconnect between user growth and network activity is raising questions about its long-term viability. Based on the latest figures, DOT tallied an all-time high in active wallets and unique accounts in March, surpassing 600,000 and 5.59 million, respectively. This suggests a growing interest in the platform, potentially driven by the thriving developer ecosystem on Polkadot’s parachains, specialized blockchains that connect to…

Polkadot achieved a major milestone, hitting a record high of 600,000 unique addresses, highlighting the increasing interest, adoption, and utilization of the Polkadot network.  Analysts are hopeful the latest milestone could help reverse a recent bearish trend that has seen DOT drop from a recent high of $11.82 to its current $8.55.  Activity On Polkadot Rising  Polkadot addresses hit a record high despite the community’s efforts to promote meme coins not gaining any significant traction. Data from DotLake has indicated…

The post Community Is Excited as the First Launchpad on Blast Chain, BlastUP (BLP), Soars, Solana and Polkadot Gradually Recover from Market Turbulence appeared first on Coinpedia Fintech News The crypto space is buzzing as a new platform makes an impactful debut while established names like Solana and Polkadot begin to stabilize. The excitement for the new BlastUP launchpad is palpable, showing the market’s resilience and potential for innovation. As major players steady themselves, the emergence of fresh initiatives hints…