Polkadot Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot (DOT) has experienced a 3.83% price drop in the past 24 hours, continuing a week-long negative trend with a 3.0% loss. Trading volume has decreased by 20.0% over the past week, while the circulating supply has increased by 0.46%.
May 28, 2024 | 7:02 pm
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NEGATIVE IMPACT
Polkadot (DOT) has seen a 3.83% price drop in the past 24 hours, continuing a week-long negative trend. Trading volume has decreased by 20.0% over the past week, while the circulating supply has increased by 0.46%.
The significant price drop and decrease in trading volume indicate a bearish sentiment among investors. The increase in circulating supply could further pressure the price downward.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100