Polkadot [DOT] bulls confirm investors’ confidence- Here’s how

Michael Nderitu
Michael Nderitu

19 Mar 2023 9:30 AM

Polkadot crowns the list of top blockchain protocols by development activity. DOT delivers a bullish week but is already exhibiting signs of a slowdown. Polkadot’s native cryptocurrency DOT just concluded a bullish week during which it trailed the top cryptocurrencies. Despite that, its native network has not had much going for it this month. How […]...

  • Polkadot's native cryptocurrency DOT had a bullish week, but its native network has not had much going for it this month.
  • DOT's price movement was in tandem with Bitcoin and Ethereum, but it has not achieved a new YTD high.
  • Polkadot was ranked as the top blockchain network in terms of development activity by GitHub data.
  • DOT's volatility declined significantly in the last two weeks, but it is starting to surge once again, pointing towards a higher likelihood of a bearish retracement.

The article has a neutral to slightly bearish sentiment towards DOT and the Polkadot network, highlighting both positive and negative aspects of their recent performance.

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