$DOT
📉 Market Performance (Short-Term)
$DOT DOT has been weak recently, trading around ~$1.8–$2.0, with recent declines and failure to hold key psychological levels (e.g., $2). �
CoinDesk +1
Technical indicators show bearish momentum, including breakdowns of support and bearish MACD signals, signaling continued pressure. �
CCN.com
Some analyst technical setups, however, highlight oversold conditions, which could lead to short-term relief bounces if selling pressure eases. �
MEXC
🔧 Fundamentals & Ecosystem
Positive developments:
Polkadot 2.0 and upcoming upgrades aim to boost scalability, developer friendliness, and throughput, potentially improving long-term utility. �
Bitget +1
DAO governance is evolving with tokenomics reforms that include a hard cap on total supply (~2.1 B DOT), reducing future inflation and making DOT more predictable. �
AInvest
Active ecosystem growth and community initiatives like hackathons and governance improvements could attract more developers and projects. �
Medium
Challenges:
Price underperformance vs broader crypto markets and continued weak demand are current concerns. �
CoinDesk
Some community sentiment highlights past inefficiencies in converting treasury funds into sustainable growth, which can dampen investor confidence. �