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Search Results for: DOT

Is Polkadot (DOT) Positioned for an Imminent Bull Run?

The altcoin market has been grappling with a persistent bearish trend over the past month, hitting new recent lows. Among them, Polkadot’s native token DOT plummeted to a six-month low of $5.389 just five days ago. However, showing resilience, DOT swiftly recovered to $6.442 within three days, marking a 7%

June 29, 2024 1 min read

Polkadot (DOT) Price Poised for Breakout as Investor Sentiment Turns Positive

Despite the recent negative price development, Polkadot’s (DOT) price is expected to respond positively to the shifting investor sentiment. The likelihood of a breakout is significant, as the altcoin is currently trading within a descending channel pattern, which could set the stage for a potential rally. Chaikin Money Flow Indicates

June 26, 2024 2 mins read

EasyA’s Developer Community Surpasses 1 Million, Unveils Polkadot Education

In light of the recent announcement that its community has grown over one million developers, EasyA, the leading Web3 education app in the world, plans to begin its Polkadot education campaign to capitalize on this achievement. The platform has grown to be a vital starting point for the industry’s builders,

June 20, 2024 2 mins read

Influencers Propel BlockDAG to $51.1M Presale Success; DOT And XRP Struggle To Keep Pace

Polkadot (DOT) recently invested $14 million in its DeFi venture, Hydration, while Ripple (XRP) battles market fluctuations tied to its ongoing SEC lawsuit. Amid these events, BlockDAG has achieved a staggering 1,120% price increase since its initial release earning $51.1 million in presale. Influential voices like Crypto Bull have praised

June 18, 2024 4 mins read

First Decentralized RPCs for Polkadot and Kusama Launched by SubQuery Network

SubQuery Network, a provider of Web3 infrastructure, has announced the release of two new RPCs for the Polkadot ecosystem. They’re the first decentralized RPCs on Substrate-based networks, available for Polkadot and Kusama. Nearly 200 networks use web3 infrastructure from SubQuery. The SubQuery Network is a worldwide network of decentralized indexers and RPC

June 11, 2024 1 min read

Hydration Secures $14.4M in DOT Tokens from Polkadot Treasury to Boost DeFi

The leading DeFi project on Polkadot, Hydration, is excited to announce that it has been awarded 2 million DOT tokens from the Polkadot treasury, which is worth $14.4 million. The funds will be used to improve Omnipool, Hydration’s single-sided liquidity provisioning platform, in terms of both liquidity and trading efficiency. The DOT tokens

June 10, 2024 2 mins read