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Polkadot (DOT) is in a downtrend and approaching the bottom of the chart.

A rally in equities markets is providing support to BTC and altcoins, but bulls will likely struggle in keeping the momentum needed to turn overhead resistance levels to support.

Polkadot (DOT) is riding a solid bullish momentum that enabled it to stay in the green for the past 24 hours and maintain significant gains in the last seven days. According to tracking from Coingecko, at the time of writing, DOT is changing hands at $4.69, tallying a weekly hike of 10%.

A security researcher discovered a potential vulnerability that could have resulted in the theft of up to $200 million from three Ethereum-compatible parachains on the Polkadot network: Moonbeam, Astar Network and Acala. The vulnerability was found in June in Frontier, a software used for “wrapping” native tokens on the three blockchain projects on the Polkadot network.

An Immunefi researcher was rewarded for finding a critical vulnerability on three parachains in the Polkadot ecosystem. The post Immunefi researcher saves $200 million from potential theft on three Polkadot parachains appeared first on The Block.

Crypto regulation might shift into high gear soon, considering the abundance of crypto scams and incidents where investors lost money. Polkadot [DOT] identified the potential threat that may come with such action and, as such, it has released a statement for DOT investors.

These three cheap cryptos to buy all can jump during the sector's next rally. That rally could be around the corner.

Bitcoin and select altcoins are showing signs of starting a sustained recovery over the next few days.

Polkadot has soared past the $4.35 resistance and broke the lower timeframe bearish market structure a few days ago. The asset hasn't looked back since and went on to post gains of almost 7% since then.

The day began with a bullish outlook as Bitcoin and other altcoins, including Ethereum, BNB, XRP, Cardano, and LINK, saw a bull run. This has caused a 1.27% increase in the global crypto market cap over the past 24 hours.

Popular crypto analyst Michaël van de Poppe is predicting rallies for Chainlink (LINK), Polkadot (DOT), Binance Coin (BNB), Cosmos (ATOM) and SKALE (SKL). In a new YouTube strategy session, Van de Poppe tells his 163,000 subscribers that Chainlink is likely to rally after the decentralized oracle network first dips by as much as 20%.

On 2 January, Polkadot [DOT] published a roundup of the network's notable announcements over the last few days. The most prominent updates included Astar Network's integration with Coinhub, which would help Astar increase its user base.

A look at the top performers over the past 24 hours reveals a trend that could trigger a boom among certain altcoins in 2023. We're talking about Lido Finance (LDO), which has risen 7% in the past 24 hours and 17% over the past seven days, making it the 37th largest cryptocurrency by market cap.

Even though the cryptocurrency industry is still picking up the pieces from the devastation caused by the FTX crash in 2022, blockchain development teams across the main networks are building and expanding throughout their ecosystems as 2023 gets started.

If you're like most of us, putting 2022 in the rearview mirror can't come fast enough. You're hoping that the bear market will end and 2023 is a reason for optimism.

The Polkadot price is moving upward toward the $5.10 confluence of resistance levels. While it seems likely that it will get there, whether it will break out or not seems unclear.

Cryptocurrency Price Today: The market is trading in green as major coins jump up after entering 2023. As of writing, Polkadot increases by 3.54%.

Alternative coins (altcoins) have remained suppressed for several months, a situation complicated by the extended cryptocurrency bear market. Indeed, in the past, altcoins rallied thanks to interest from retail investors, but they have failed to pick up as the crypto market was hit with instances such as the FTX exchange collapse and soaring inflation.

Polkadot [DOT] recently tweeted about its yearly roundup mentioning all the notable developments that happened in its ecosystem in 2022.

Polkadot (DOT) is trading at $4.5, down by more than 90% of its all-time high of $55 (November 2021). DOT showed a comparatively low tendency to cause price inconsistency.

Polkadot (DOT) is in a downtrend and has dropped to the bottom of the chart.

The year 2023 is said to be huge for Polkadot (DOT) as it is one of the cryptocurrencies to watch out for. Many crypto experts are very optimistic about Polkadot, and they're saying that traders should keep an eye on the coin because its developments will be big for that year.

In the fast evolving world of cryptocurrencies, a myriad of protocols have been taking the lead to emerge supreme over the others. Polkadot ecosystem is one such prudent platform, which is leaving no stone unturned in the crypto market.

At the end of 2021, a myriad of people thought a handful of smart contract platform tokens, often referred to as ‘Ethereum killers,' would flip the second-largest crypto asset in terms of market capitalization in 2022.