Polkadot incentivizes the members of the community to assist fight scams.
Negative attitude could hamper the effective price recovery.
The MFI numbers are depleting.
The Polkadot invites and rewards the community members to come forward to fight the scams through an “anti-scam bounty.” This quarter proved very turbulent for the crypto market, due to which this initiative should have had a bullish impact; instead, it reflected with no response as the price continued to form the downtrend triggered by the FTX collapse.
Here’s what the charts reveal
Source: Tradingview
The price finds a calm zone at about $5 and continues to form a downtrend. The volume also depletes as the users are overwhelmed with pessimistic sentiments and don’t react the same as they used to before the crunch. The EMAs are slopped downwards and indicate a consistent fall.
Source: Tradingview
The CMF indicator floats under the 0-mark level, indicating the ongoing downtrend. It may rise slightly before
We współpracy z: https://www.thecoinrepublic.com/2022/11/26/dot-may-undergo-a-free-fall-as-negative-sentiments-flourish-bears-awaiting-the-drop/
