TL;DR
Polkadot (DOT) remains well in the red on a weekly scale following the latest market decline.
Nonetheless, some analysts are optimistic about the asset’s potential for significant gains in the near future, adding it to their portfolios.
DOT’s Next Possible Move
Polkadot’s native token—DOT—tumbled severely during the latest market correction. Its price is down 20% on a weekly scale, briefly plunging below $6. However, it started recovering in the past several hours and is currently trading at around $7 (a 7% increase in the last 24 hours).
DOT Price, Source: CoinGecko
One popular cryptocurrency trader who touched upon DOT’s recent price turbulence is the X user FLASH. The analyst argued that the asset’s trajectory is “the ugliest ever,” but the trends might soon change for the better.
FLASH assumed that DOT will either continue dropping in the near future or ascend impressively toward the $20 mark. It seems like the trader is rooting for the second option sin
We współpracy z: https://cryptopotato.com/this-popular-trader-buys-the-polkadot-dot-dip-details/
