Polkadot (DOT) Prints Classic Bullish Falling Wedge – Big Breakout Imminent
In an update on X, crypto analyst Jascrypto pointed out that Polkadot (DOT) is currently forming a textbook bullish falling wedge pattern on the daily chart. This technical setup is often associated with a potential trend reversal, signaling the end of a downtrend and the beginning of a bullish breakout. As DOT continues to consolidate…
Polkadot Q3 Digest: Examining The Network’s Growth, Challenges, And Future Prospects
Market intelligence firm Messari recently released its third quarter (Q3) performance report for Polkadot (DOT), providing insights into the blockchain network’s development and financial metrics during this period. Polkadot Sees Strong Developer Engagement One of the notable findings from the report is the developer activity on Polkadot. According to Electric Capital, the network had approximately…
First Polkadot Core Sells For 69 DOT: Will Prices Move?
Polkadot, an interoperable blockchain, continues to build. Less than a month after launching Agile Coretime, the first core was bought for 69 DOT over the weekend. This purchase is a significant milestone for the modern blockchain that’s been pushing to attract more users and developers on its rail by making block space accessibility easier and…