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Polkadot's price has been consolidating over the past couple of months, following a steep decline in early April. Yet, things might be changing for the better.
Talisman, the multi-chain crypto wallet, announced the launch of Talisman Quests, a gamified experience set to boost user engagement and education within the Polkadot (DOT) ecosystem, according to the information shared with Finbold on June 3.
The new Quests app, makes onboarding fun as well as rewarding, incentivizing users to explore all of the interesting Web3 projects and apps.
The Polkadot (DOT) price managed to hold above the crucial $7 level after a bearish week that saw the asset register a sharp decline from $7.63 to $6.97 as sellers took control of the market.
Polkadot began the week with a volatile session, with the price oscillating between $7.78 and $7.37 before settling at $7.63. A significant drop in the following days in a volatile market sees $DOT currently trading at $7.09.
Polkadot (DOT), one of the notable cryptocurrencies in the market, is currently facing intense selling pressure at a critical resistance level. This scenario has raised concerns about a potential bearish retracement that could see its price fall towards the $6 mark.
Good news might be incoming for DOT's traders soon.
The Bitcoin halving is done, but its effects will be felt over the next year and more. As a result, these two cryptocurrencies should be on your radar right now.
Polkadot, a leading blockchain network known for its innovative approach to scalability and interoperability, recently achieved a significant milestone that underscores its commitment to decentralization. However, despite this achievement, Polkadot's native token, DOT, has not mirrored this success in its market performance.
The Polkadot (DOT) price faced significant resistance at $7.60, following which it declined considerably to below the $7 level over the next few sessions.
Polkadot becomes the most decentralized blockchain, but its price action continues to remain bearish.
The Polkadot Treasury is a pot of funds collected via transaction fees, block production rewards, slashing, and staking inefficiencies. These funds are held in a system account accessible only by the system internal logic.
The Polkadot community has spoken, with the network's proposed JAM upgrade getting an almost unanimous vote of approval.
Polkadot recently encountered significant selling pressure at a key resistance region, encompassing the 100-day moving average and the crucial $7.4 level. This resistance has led to a potential continuation of the bearish retracement.
Pudgy Penguins, a prominent NFT collection, has announced a partnership with Mythical Games to develop a Web3-powered AAA mobile game on the Polkadot-based Mythos Chain, according to a May 30 statement. The game will launch in 2025, featuring the beloved Pudgy Penguins characters and their unique lore and humor.
This week, we take a closer look at Ethereum, Ripple, Cardano, Shiba Inu, and Polkadot. Ethereum (ETH) This week, Ethereum has moved sideways with a modest 1.5% price increase.
Real-world assets (RWAs) tokenization platform TVVIN has expanded to Polkadot as part of its strategy to become an omni-chain platform. In a May 29 statement, the platform revealed it was launching its London Bullion Market Association (LBMA)-certified gold token (VVG) and its platform utility token (TVVIX) on Polkadot.
Cross-consensus message format, or XCM, is a messaging format and language used to communicate between consensus systems.
A constant consolidation near the substantial resistance region of $7.4 indicates an ongoing battle between Polkadot buyers and sellers. Nevertheless, the market is in a critical spot, with the upcoming price action shedding light on DOT's future prospects.
The Polkadot (DOT) price registered a sharp drop on Tuesday after a strong showing over the weekend, culminating in DOT reaching a high of $7.78 on Monday.
Polkadot (DOT) has recently gained the attention of both investors and analysts due to its impressive price movements. Currently trading at $7.41, the cryptocurrency is showing signs of robust performance, suggesting further gains may be on the horizon.
DOT sees an unexpected spike in trading volume, suggesting a return of the bulls.
Polkadot (DOT) has captured the attention of investors and analysts alike with its recent upward momentum. Currently trading at $7.41, the cryptocurrency has exhibited robust performance metrics that hint at further gains on the horizon.
The Polkadot community has approved the Join-Accumulate Machine (JAM) Protocol upgrade in an almost unanimous vote, with backing from over 31 million DOT tokens.
