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Tag Archives: polkadot

Here’s Why Polkadot (DOT) Might be a ‘Great Mover in the Coming Years:’ Analyst

TL;DR Polkadot’s DOT is down 4% weekly, trading around $6.20, but a potential resurgence might be on the horizon. Some analysts see the asset in an accumulation phase, with a bullish outlook if it holds above a certain resistance level. Rebound or Further Decline for DOT? Polkadot’s native token has not been as severely affected as other leading cryptocurrencies during the most recent market correction. Still, its price is down around 4% weekly, currently hovering around the...

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Polkadot Ecosystem Recap: Some of the Recent Major Developments

TL;DR Polkadot has partnered with Heroic and introduced Deloitte’s KYC credential solution through the Polimec Protocol. The community also plans to allocate 3 million DOT tokens to support DeFi activities. Despite these advancements, Polkadot’s cryptocurrency DOT has declined by 10% weekly, but some analysts are optimistic about its future potential. What’s New Around Polkadot? Polkadot continues to make waves due to significant advancements related to its ecosystem and...

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Polkadot Crashes Toward $6 But Some Remain Optimistic, What’s Next? (DOT Price Prediction)

TL;DR Polkadot (DOT) is trading at around $6.37 amid a market correction, with analysts predicting a potential rise if it surpasses key resistance zones. The Relative Strength Index (RSI) indicates the asset might be poised for an upward trend, with current levels suggesting it is not overbought. Bears Might Get Disappointed Polkadot’s DOT is yet another cryptocurrency heavily affected by the ongoing market correction. It currently trades at around $6.37 (per CoinGecko’s...

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Polkadot (DOT) Ecosystem Recap: The Recent Advancements

TL;DR Polkadot Blockchain Academy launched its fifth cohort in Singapore to nurture developer talent with 184 lecture hours and 18 experienced instructors. Polkadot recently introduced Asynchronous Backing for better block validation and partnered with Founder Institute for a Web3 cohort. Despite those advancements, DOT’s price remains steady at around $7, with mixed future predictions. The Latest Update According to a document shared with CryptoPotato, Polkadot Blockchain...

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Polkadot (DOT) Ecosystem Recap: The Latest Developments

TL;DR Polkadot has introduced the Join-Accumulate Machine (JAM) upgrade to replace the Relay Chain and launched a 10 million DOT prize to encourage development. The protocol improved block validation efficiency after a vital upgrade and formed a strategic partnership with the Founder Institute to launch its first Web3 cohort. The Recent Advancements Polkadot keeps holding center stage thanks to the developments surrounding its ecosystem and some strategic partnerships. Most...

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Polkadot (DOT) Ecosystem Recap: The Most Recent Advancements

TL;DR Polkadot partnered with Founder Institute to launch a Web3 cohort and introduced Asynchronous Backing to enhance scalability. Some of its parachains, such as Acala Network and Moonbeam Network, have also made notable advancements in security, governance, and community engagement initiatives. Summary of the Latest Developments Polkadot’s ecosystem continues to advance due to frequent improvements in its operations and vital partnerships. Most recently, the blockchain...

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Polkadot (DOT) Ecosystem Recap: Here are the Latest Advancements

TL;DR Polkadot has recently improved its network performance, significantly boosting the speed and capacity for processing transactions. In addition to its technical advancements, the protocol is exploring a potential $8.8 million sponsorship deal with the American soccer club Inter Miami. What’s New Around Polkadot? The blockchain protocol made the headlines in the past few days due to completing some important advancements. As CryptoPotato reported, it enabled Asynchronous...

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