Polkadot Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Polkadot (DOT) has experienced a 4.42% price drop in the past 24 hours, contrasting with its 4.0% gain over the past week. Trading volume has increased by 44.0%, while the circulating supply has decreased by 0.71%. The current market cap ranking for DOT is #16 at $8.58 billion.
July 18, 2024 | 3:02 pm
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Polkadot (DOT) has seen a 4.42% price drop in the last 24 hours, despite a positive trend over the past week. Trading volume has increased significantly, while the circulating supply has slightly decreased.
The significant price drop in the last 24 hours, despite a positive trend over the past week, indicates short-term bearish sentiment. The increase in trading volume suggests heightened market activity, but the decrease in circulating supply could be a concern for liquidity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100