1inch $0.42271.98%aave $105.643.41%ada $0.44791.34%ae $0.0283*1.23%algo $0.15715.01%ape $0.75761.37%atom $6.33661.76%avax $26.9022.38%axs $5.75003.60%bal $2.64002.33%band $1.14004.20%bat $0.19052.80%bcd $0.0640*13.79%bch $388.531.33%bcn $0.000025788*0.00%bnb $559.803.90%bsv $43.142*5.38%btc $63,1224.30%cake $1.9745*3.25%dcr $13.657*0.84%dgb $0.0075*2.81%doge $0.11964.42%dot $6.39942.14%enj $0.17933.34%etc $23.4102.69%eth $3,378.04.55%fil $4.27400.45%ftm $0.49040.10%grt $0.20476.17%hbar $0.07475.25%iost $0.0061*3.54%knc $0.53134.08%ksm $22.9973.70%link $13.8344.69%loom $0.0538*2.18%lrc $0.15452.13%lsk $0.9571*1.61%ltc $70.6260.24%mana $0.34233.11%matic $0.53821.55%mkr $2,845.91.71%mlx $0.0000001390.00%nano $0.92405.97%oxt $0.07396.79%pepe $0.0000095254.40%ren $0.04663.36%rep $0.87100.00%sand $0.32703.10%sc $0.00480.42%shib $0.0000179983.12%skl $0.04594.08%snx $1.88489.90%sol $152.374.29%sushi $0.73293.68%theta $1.4703*2.87%trx $0.13831.02%uma $2.14303.53%uni $8.31050.88%usdt $0.99720.46%vet $0.03120.00%waves $0.9684*1.93%xaut $2,405.70.00%xlm $0.10470.01%xmr $160.571.95%xrp $0.53740.56%yfi $5,972.32.22%zil $0.01680.00%
1inch $0.42271.98%aave $105.643.41%ada $0.44791.34%ae $0.0283*1.23%algo $0.15715.01%ape $0.75761.37%atom $6.33661.76%avax $26.9022.38%axs $5.75003.60%bal $2.64002.33%band $1.14004.20%bat $0.19052.80%bcd $0.0640*13.79%bch $388.531.33%bcn $0.000025788*0.00%bnb $559.803.90%bsv $43.142*5.38%btc $63,1224.30%cake $1.9745*3.25%dcr $13.657*0.84%dgb $0.0075*2.81%doge $0.11964.42%dot $6.39942.14%enj $0.17933.34%etc $23.4102.69%eth $3,378.04.55%fil $4.27400.45%ftm $0.49040.10%grt $0.20476.17%hbar $0.07475.25%iost $0.0061*3.54%knc $0.53134.08%ksm $22.9973.70%link $13.8344.69%loom $0.0538*2.18%lrc $0.15452.13%lsk $0.9571*1.61%ltc $70.6260.24%mana $0.34233.11%matic $0.53821.55%mkr $2,845.91.71%mlx $0.0000001390.00%nano $0.92405.97%oxt $0.07396.79%pepe $0.0000095254.40%ren $0.04663.36%rep $0.87100.00%sand $0.32703.10%sc $0.00480.42%shib $0.0000179983.12%skl $0.04594.08%snx $1.88489.90%sol $152.374.29%sushi $0.73293.68%theta $1.4703*2.87%trx $0.13831.02%uma $2.14303.53%uni $8.31050.88%usdt $0.99720.46%vet $0.03120.00%waves $0.9684*1.93%xaut $2,405.70.00%xlm $0.10470.01%xmr $160.571.95%xrp $0.53740.56%yfi $5,972.32.22%zil $0.01680.00%
dot / polkadot trade
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2.14%
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            news
            A new bridge is now facilitating the connection between Polkadot (DOT) and its sister chain or “canary network” Kusama (KSM).
            Polkadot faces bearish pressure as it struggles to maintain critical support levels, signaling potential further declines in its price action.
            DOT has been on a downward spiral recently. However, a price reversal looks likely with bulls attempting a recovery of its YTD high.
            Polkadot recently tweeted about its yearly roundup mentioning all the notable developments that happened in its ecosystem in 2022.
            A blockchain analytics platform is revealing that over the past 30 days, Polkadot (DOT), Kusama (KSM) and Cardano (ADA) have emerged as the top-three crypto assets in development activity.
            Polkadot [DOT] recently published the latest edition of its weekly digest, mentioning all the notable developments that happened in the ecosystem in the last seven days.
            Polkadot [DOT] maintained its number one spot on the list of blockchains in terms of monthly development activity. This was a commendable feat, as the blockchain remained consistent with its updates.
            Polkadot (DOT) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Monday, the Distributed Software Platform has gained 0.67% to $6.16.
            In this article, we’ll explore the potential impact of Spacewalk — an innovative fiat bridge — on the future price of Polkadot (DOT). Alongside this, we’ll discuss how Collateral Network (COLT) — a Web3 lending platform in the presale phase — could offer investors 35x gains before 2024.
            N3MUS is the first recipient of Moonbeam's innovation fund and is tasked with developing a gaming-focused ecosystem on the network.
            Despite facing headwinds in 2023, Polkadot experienced a remarkable 25.6% surge in revenue variation, offering hope for its market position.
            The Polkadot (DOT) ecosystem is billed to see a number of additional functionalities through targeted protocol upgrades that are set to go live in the near term. According to a new Twitter thread by Bill Laboon, a Kusama Council Member, at least two key proposals to boost network functionality have attained over 95% approval by voters.
            On-chain analytics company Santiment has shown that Polkadot’s development activity, combined with that of its pre-production network Kusama, has been higher than that of Cardano during the past 30 days.
            Polkadot provides interoperability among several blockchains for users while maintaining high scalability and speed in processing transactions. Also known as a multichain network, Polkadot supports many parachains, enabling developers to build their blockchains seamlessly.
            Polkadot is making a significant play in the Non-Fungible Token (NFT), and Web 3 arena as the space grows and the link gets deeper. The development of the Internet and how we interact with digital assets are tied to Web3 and NFTs. Polkadot is putting its foot down early with a recent collaboration announcement with Beatport. Needless to say, a favorable effect on DOT may be on the cards too.
            Live at the Sub0 conference, Polytope Labs announced its upcoming protocol, Hyper Bridge, in the web3 space. The product is meant to solve the interoperability challenge between Polkadot and Ethereum with the help of ISMP.
            Polkadot (DOT) is on a mild bullish rampage today as the broader market is in recovery mode. Polkadot is changing hands at a price of $4.57, up by more than 2.54% in the past 24 hours and by more than 5% in the trailing seven-day period, according to data from CoinMarketCap.
            $37 Million Investment in Outreach and Marketing Polkadot has made significant strides in promoting its ecosystem, spending nearly $37 million on outreach and marketing in the first half of 2024. This investment aims to attract new users, developers, and businesses to the network, covering advertising, sponsorships, and influencer partnerships. This extensive outreach reflects Polkadot’s commitment to growing its community and increasing adoption of its blockchain technology​ (The Daily Hodl)​.
            Polkadot Insider revealed that the number of stakers in the Polkadot [DOT] ecosystem has been on a rise since the beginning of this year.
            In the past 48 hours, DOT registered a bounce close to 3% higher. Yet, the spot CVD has been in a downtrend during this time.
            general news
            The prediction market dApp Polymarket, hosted on the Polygon network, has recently seen its trading volumes exceed $100 million. This surge in activity highlights the growing popularity of Polygon’s dApps and underscores the network’s success.
            July 2024 is set to be an eventful month for the cryptocurrency market with over $755 million worth of crypto assets from projects like AltLayer, Xai, Aptos, Arbitrum, and others being unlocked. These vesting periods ending could influence market prices and trading behaviors as significant quantities of tokens become available for trading​ (Cointelegraph)​.
            Uniswap (UNI), one of the leading decentralized exchanges (DEXs) in the crypto market, is currently experiencing significant challenges. Despite its strong performance earlier this year, recent events have sparked concerns among investors and market watchers.
            Anticipated Price Surge Post-Halving Cardano’s native token, ADA, is projected to experience a significant price surge following the upcoming Bitcoin halving event in 2024. Analysts predict that ADA could reach a high of $2.11 by July 2024, representing a massive 298% increase from its current levels. This potential rally is supported by Cardano’s burgeoning DeFi ecosystem, which has recently hit new highs in total value locked (TVL), demonstrating increasing adoption and utility within the network​ (CoinCodex)​.
            In Germany, MP Joana Cotar criticized the government’s decision to sell its Bitcoin holdings, urging the development of a strategic reserve. Cotar argued that holding Bitcoin could diversify the state’s assets and serve as a hedge against inflation. She emphasized the need for a clear legal framework for Bitcoin, suggesting it could enhance Germany’s technological and financial development.
            Ethereum (ETH ) is becoming increasingly scarce, surpassing Bitcoin in this regard. On-chain data from BTC-Echo’s Leon Waidmann reveals that Ethereum ’s exchange balance is currently at 10.189%, while Bitcoin’s stands at 15.08%, highlighting a significant trend of decreasing Ethereum availability.
            Solana (SOL) is continuing its upward trajectory with a series of significant developments that underscore its growing prominence in the blockchain space. The network has seen a notable price movement, maintaining a steady position around $141.05, with a market cap of $65.40 billion. Here are the latest highlights from the Solana ecosystem:
            Ripple, the developer behind the XRP Ledger and the largest holder of XRP, recently sold 150 million XRP from its July reserves, valued at $64.5 million. This transaction marks a $13.5 million decrease compared to similar activities last month, according to Finbold.
            VanEck, a leading investment firm, has made a notable move by filing for a Solana (SOL) exchange-traded fund (ETF) with the U.S. Securities and Exchange Commission (SEC), positioning this filing as a strategic bet on Donald Trump winning the 2024 presidential election.
            Ripple’s Chief Technology Officer, David Schwartz, recently addressed the XRP community’s growing concerns about the cryptocurrency ’s price drop amidst the broader market downturn. As major cryptocurrencies face significant selling pressure, XRP has hit its lowest price point since March 2023, leading to fear, uncertainty, and doubt among investors.
            Polygon Miden, a pioneering project within the Polygon ecosystem, has announced a $35 million grant initiative aimed at fostering innovation and enhancing the decentralized finance (DeFi) landscape. This initiative is designed to support the development of scalable and efficient blockchain solutions leveraging Polygon Miden’s advanced technologies.
            Bitcoin (BTC) is experiencing a notable bullish trend, with significant factors driving its recent price movements and market sentiment. As of early July 2024, BTC has seen considerable inflows into Bitcoin ETFs, recording $295 million, the highest in 21 days​ (BTCNEWS)​. This influx of capital highlights growing investor confidence and renewed interest in Bitcoin’s potential.
            Ethereum (ETH) is poised for substantial growth in 2024, driven by the anticipated approval of several spot Ethereum ETFs and continued advancements in its network infrastructure. Industry analysts predict that the approval of these ETFs could trigger a significant influx of capital, potentially boosting ETH prices by up to 500% this cycle​ (NerdWallet: Finance smarter)​​ (markets.businessinsider.com)​.
            Shiba Inu (SHIB) has recently achieved a major milestone by surpassing Cardano and securing a spot among the top 10 cryptocurrencies by market capitalization. This significant achievement reflects the growing enthusiasm and robust support from the Shiba Inu community, often referred to as the Shib Army. Over the past 24 hours, SHIB’s trading volume surged by 115.67%, reaching over $2 billion, and its market capitalization increased by 15.29%​ (ShibDaily)​.
            The prediction market dApp Polymarket, hosted on the Polygon network, has recently seen its trading volumes exceed $100 million. This surge in activity highlights the growing popularity of Polygon’s dApps and underscores the network’s success.
            Billionaire Jack Dorsey envisions a future where Bitcoin could replace the U.S. dollar as the dominant global currency, predicting its value could soar to $1 million by 2030. Dorsey, CEO of Block and cofounder of Twitter, emphasizes Bitcoin’s decentralized nature, advocating for its potential to democratize financial systems and diminish reliance on traditional banking. He believes Bitcoin offers more control and freedom compared to the U.S. dollar and Chinese yuan, which he sees as controlling entities.
            Crypto influencer Ben Armstrong, known as BitBoy Crypto, recently declared that Cardano (ADA) and Polkadot (DOT) are "dead" coins. Armstrong expressed his views on social media, emphasizing that these tokens no longer hold institutional appeal. In a YouTube video from April, he claimed that ADA's current situation is different and questioned the value of holding onto ideals while portfolios suffer losses. Armstrong argued that ADA's poor performance is due to its lack of institutional backing compared to tokens like Ethereum (ETH) and Solana (SOL).
            Polygon 2.0: A New Era for MATIC Polygon (MATIC) is making significant strides with the implementation of its highly anticipated 2.0 upgrade. This series of enhancements aims to reimagine and expand the capabilities of the Polygon ecosystem, solidifying its position as a leading layer-2 solution for Ethereum. The first set of Polygon Improvement Proposals (PIPs) has been released, detailing the initial phase of upgrades which include transitioning from MATIC to the new POL token, enhancing staking mechanisms, and launching the Staking Layer​ (CoinDesk)​​ (Web3, Aggregated.)​.
            Bitcoin (BTC) has seen significant gains this year, rising 26.65% year-to-date. As of 8 a.m. ET, one bitcoin is valued at $57,423.61. The cryptocurrency reached its highest intraday price of $73,750.07 on March 14, 2024, marking its all-time high. Over the past year, the lowest intraday price was $24,930.30 on September 11, 2023, showcasing bitcoin’s volatility and growth potential.
            Dogecoin (DOGE) has been experiencing a notable surge, recently reaching $0.21, its highest level since 2021. This increase has been driven by bullish bets totaling $2 billion, largely due to speculation surrounding potential integration of DOGE for payments on the social media platform X (formerly Twitter)​
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