Polkadot (DOT) Gears Up to Outshine Rivals Solana and Avalanche in 2024

Polkadot (DOT) Gears Up to Outshine Rivals Solana and Avalanche in 2024

Polkadot’s price surged 48% in 30 days, now trading at $8.13, but faces resistance near $9.2.
DOT’s recent bearish trend might reverse with dropping Open Interest, signaling possible price uptick.
Polkadot (DOT) has made a name for itself with a substantial price surge in the last 30 days. According to data, DOT recorded a remarkable 48% increase during this period, propelling it into the ranks of the top cryptocurrencies by market capitalization. 
Currently trading at $8.72 and boasting a market capitalization exceeding $11 billion, DOT has captured the attention of both traders and enthusiasts. Polkadot’s native cryptocurrency has shown resilience, with a gain of more than 6% in the last 24 hours, reaching $5.50 from its previous lows of $3.50. 
Analyst Perspective: Clean Path vs. Resistance Levels
Tony, a cryptocurrency analyst, has highlighted a significant difference between Polkadot and a couple of its rivals, Solana (SOL) and Avalanche (AVAX). Polkadot seems to have a cl

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