Polkadot price prediction: Break and retest pattern forms
Polkadot’s DOT token has been in a strong bearish trend in the past few months. There are concerns about the network’s ecosystem as activity slows. Circle has now integrated USDC into its ecosystem. Polkadot price has been in a strong bearish trend in the past few months amid rising concerns about the ecosystem. DOT token plunged to a low of $3.90 last week, down by more than 50% below the highest level this year. It has underperformed other popular coins like Bitcoin, Tron, and Ethereum. Polkadot ecosystem woes Polkadot is one of the leading players in the blockchain industry. Developed by an Ethereum co-founder, the platform makes it possible for creators to build parachains that are interconnected with other chains. Parachains are independent layer-1 blockchains that transcend limitations of other chains. Over the years, many developers have won parachain slots in Polkadot’s ecosystem. Some of the most popular Polkadot parachain...