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
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,
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
The cryptocurrency market is notorious for its volatility, with prices capable of significant pumps and dumps within short periods. Amid this environment, bull runs—periods of sustained price increases and heightened market confidence—offer lucrative opportunities for investors. One analyst, renowned for his accurate market predictions, has recently highlighted three cryptocurrencies he
In the ever-evolving world of cryptocurrencies, innovation is key as new ventures strive to make their mark in the market. Retik Finance (RETIK) is one such venture that stands out for its initiative to combine traditional finance principles with the dynamic DeFi world. This innovative approach has caught the attention
Q1 2024 was a frenzy period for cryptocurrencies. Bitcoin, the leading crypto asset, crossed the $70k mark to set a new all-time high (ATH), prompting experts to predict an imminent $100k sooner rather than later. While Bitcoin was bullish, several Altcoins, including DeFi projects and meme coins, joined the race.
Earlier on Thursday, Polkadot co-founder Gavin Wood teased the release of the Join-Accumulate Machine (JAM) update on X. The goal of this proposal is to completely change Polkadot’s trajectory going forward. At the Token2049 crypto conference in Dubai, Wood introduced the JAM Gray Paper and gave insights about the revolutionary
The cryptocurrency market has surged recently, transitioning from a specialised asset class to a pivotal investment avenue. Amidst this burgeoning landscape, investors encounter a myriad of digital currencies, necessitating careful discernment. Analysts carefully scrutinise a vast array of cryptocurrency projects on a global scale to identify the most promising candidates
The number of active addresses on the Polkadot blockchain has surpassed all previous records. An April 7 X post by Polkadot provided statistics from DotLake, which showed that Polkadot had over 600,000 active addresses on-chain by the end of March. Among the 605,000 addresses, 248,000 (or more than 41%) are
The community currency $DED, backed by Polkadot, made it to the trending charts on X (previously Twitter), indicating the power and support of the community for the memecoin. $DED has just become the newest community coin to make waves in the space. Over 20,000 people are waiting for their airdrop in the $DED
