Polkadot Drops 10% in 24 Hours as Bearish Trend Takes Hold
Polkadot (DOT) is no stranger to dramatic price movements. Over the past 24 hours, Polkadot has experienced a steep decline, with its value dropping by nearly 10%.
Keep up with what's happening in the crypto world in real-time.
Polkadot (DOT) is no stranger to dramatic price movements. Over the past 24 hours, Polkadot has experienced a steep decline, with its value dropping by nearly 10%.
As the crypto market faces bearish pressure, Neuroweb.AI emerges with a record of 2.4 million knowledge assets, driving 6.96 million Polkadot parachain transactions. Will Neuroweb's growth reshape AI in decentralized ecosystems and pump Polkadot's price beyond $10?
Polkadot lost a substantial amount of its market cap in the last 24 hours, and the trend might continue.
Denpasar, Bali / Indonesia, 9th December 2024, Chainwire
Polkadot (DOT) has been one of the standout performers in the crypto space recently, showing strong bullish movement throughout the last month. However, despite a recent surge that saw the price peak at $11.65 in early December, technical indicators suggest that a short-term pullback could be on the horizon.
Website: Lunex Network Telegram: Join Our Telegram Community Twitter: Follow Us On X
Polkadot (DOT) is turning heads in the cryptocurrency market with its recent price surge and record-breaking activity levels. Over the past month, DOT has gained remarkable momentum, climbing to its highest prices in nearly a year.
The buying volume has been soaring over the past month, evidenced by the OBV's new high.
Litecoin joined Polkadot as an underperformer, falling 3.8%.
Polkadot's parabolic rally continues, as it remains among the top performers over the last 30 days. The bull run has reached prices last seen in March 2024 and hit new record highs over the network. As the price chart predicts a potential rally, bulls target these key levels.
In what has been one of the most bullish months of the year, asset manager and crypto exchange-traded fund (ETF) issuer VanEck released a report highlighting significant gains in the memecoin sector, alongside notable performances from major cryptocurrencies like Cardano (ADA), Solana (SOL), Polkadot (DOT), and Stellar (XLM). Solana's Ecosystem Thrives According to VanEck's analysis, Solana delivered a 42% return in November, with the SOL token hitting an all-time high of $262.
Polkadot (DOT) has recently reached a significant milestone, recording 60 million monthly transactions. This is a remarkable increase from 20 million at the start of the year, reflecting growing adoption and usage of the blockchain.
Polkadot (DOT) price has surged over 10% in the last 24 hours and is up an impressive 178.44% in the past 30 days, reflecting strong bullish momentum. However, technical indicators suggest the rally may be losing steam, with RSI and CMF both showing signs of weakening buying pressure.
Filecoin joined Polkadot as a top performer, gaining 16.3% from Tuesday.
The Polkadot Blockchain Academy (PBA), renowned as a premier institution for blockchain developer training, is making its way back to Europe. After a two-year hiatus, the academy's sixth cohort is set to take place in March 2025 at Lucerne University of Applied Sciences and Arts in Switzerland.
A widely followed analyst is leaning bullish on layer-1 blockchain Avalanche (AVAX) while offering his forecast for the flagship memecoin Dogecoin (DOGE) and interoperable chain Polkadot (DOT). The analyst pseudonymously known as Rekt Capital tells his 518,000 followers on the social media platform X that Avalanche witnessed a strong November.
Polkadot's network activity reached new highs while its price crossed a crucial resistance.
The crypto market is experiencing an upward momentum, attracting investors seeking high-growth opportunities. With a bullish outlook, these four altcoins to buy stand out as strong candidates for a potential 10x return by the end of 2024.
The Polkadot Blockchain Academy (PBA) will host the sixth edition of its advanced developer course in Lucerne, Switzerland. This edition will begin in March 2025 and mark the academy's return to Europe after two years.
Polkadot, one of the most innovative blockchain platforms in the sector, is preparing to launch version 2.0 in the first quarter of 2025. This update promises to radically transform the ecosystem, improving scalability, efficiency, and the experience for developers. With Polkadot 2.
Polkadot Blockchain Academy (PBA), Polkadot's (DOT) educational program, has announced a new advanced developer course in Switzerland, according to the updates shared with Finbold on Monday, December 2.
Cryptocurrencies have done better than American stocks this year. Bitcoin has more than doubled, while smaller meme coins like Dogwifhat and Popcat have minted many millionaires.
A closely followed crypto analyst believes Dogecoin (DOGE) is in a solid position to ignite fresh moves to the upside. Pseudonymous analyst Rekt Capital tells his 517,400 followers on the social media platform X that DOGE looks bullish as it trades within an ascending triangle pattern.
Polkadot (DOT) has seen impressive growth in the stablecoin sector, with USDC and USDT collectively surpassing $120 million in total value. This surge reflects growing confidence in Polkadot's ability to provide a scalable, low-cost blockchain solution for stablecoins.