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Polkadot out-competed major cryptocurrencies in terms of ecosystem and development activity. However, DOT flew under the radar as social mentions and engagements declined.
Bitcoin and most major altcoins remain stuck inside a range as traders keep a close eye on next week's macroeconomic events.
Polkadot's TVL grew over the past few months DOT's weighted sentiment increased towards the end of November, but quickly fell Polkadot has maintained a strong presence in the list of top crypto projects by market cap.
Best BNB Tokens This Week: With the crypto coins showing a surge, the tokens in the BNB chain have also gone up. The major coins are trading in green, being an exciting day for investors.
The Polkadot price has attempted to break past its immediate resistance several times during the first week of December. Despite that, the bulls could not build on their strength.
Polkadot price analysis reveals a relatively upbeat approach today; the price has gained most of its lost value. In the last few days, the cost of DOT has received much positive attention and has increased to a slight degree.
The cryptocurrency industry is still picking itself up following the devastation created by the collapse of FTX, nonetheless, development teams among the major blockchain networks are continuing to build and expand across their own ecosystems.
Worst Polkadot Tokens This Week: The tokens on the Polkadot ecosystem have shown some optimism by going slightly up today. However, some of the major tokens in the chain have plunged down in the past 7 days.
01 Polkadot [DOT] fell below $5.494 after BTC lost support at $17.03K.
The current weakness in BTC and major altcoins shows that investor sentiment remains negative and that bears are active at higher levels.
The Polkadot (DOT) price is trading inside a short-term bullish pattern but has yet to show any bullish reversal signs. The post Will Polkadot (DOT) Bullish Pattern Lead to Price Breakout?
A program that rewards community users who secure the protocol
You may never have heard of this token -- at least not by its correct name.
DOT again topped the list of projects by average development activity However, metrics suggested a trend reversal Polkadot [DOT] recently uploaded its weekly roundup, wherein it mentioned all the important developments that occurred in Polkadot's parachain teams, ecosystem projects, and infrastructure providers.
On Tuesday, the crypto market failed to carry forward yesterday's gains as the global crypto market capitalization was below the 1 trillion mark and was down 1.54% at $853.82 Billion compared to the last day. The total crypto market volume in the previous 24 hours is $38.97B, which makes a 13.85% increase.
Crypto markets appear to be losing some of their recent bullish momentum, but a favorable tailwind from equities markets could catalyze a breakout in Bitcoin and select altcoins.
Polkadot price analysis has been trending upward over the past few days, as the cryptocurrency is currently priced at $5.70. The key resistance level is at the $5.73 mark, and a break above this price could signal further gains for Polkadot in the near future.
Polkadot's development activity decreased while volume witnessed a surge Market indicators suggested that investors should be cautious Polkadot [DOT] made the headlines yet again, but not because of its development activity.
A decentralized finance (DeFi) protocol based on the interoperable blockchain Polkadot (DOT) is skyrocketing after launching a new notification feature. According to a recent article penned by the project's chief growth officer, the scalable smart contract platform Acala Network (ACA) is enabling push notifications for users and developers of its DeFi platform.
Smart contract platform Cardano (ADA) is unsurpassed compared to other digital assets when it comes to one key metric, according to market intelligence platform Santiment. Santiment says that based on submissions to software development hosting platform GitHub, Cardano by far recorded the highest level of development activity over the last 30 days.
Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of over $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels.
Recent Polkadot price analysis indicates that the price of DOT has been on an upward trajectory, with the price reaching above $5.58 earlier today. The price has increased by over 5% over the past 24 hours and is currently facing resistance at $5.68.
In terms of developmental activity, Cardano is ahead of Polkadot and Ethereum, as the network initiated more than 570 projects in November.
The price of Polkadot (DOT) has been falling, but has started to rise again. The price of the cryptocurrency has been moving in a range between $5.34 and $6.17 since November 9. On November 28, when the bulls bought the dips, the bears broke the existing support.
