Polkadot Price Plummets 8.5% Under Bearish Momentum
Polkadot's price has taken another hit, falling around 8.5% as seller pressure and bearish momentum persist.
The $1.35 billion market capitalization of DOT reflects continued participation in parachain slot auctions driven by its token-locking mechanism.
The project maintains institutional backing from the Web3 Foundation and leadership from its co-founders, supporting ongoing ecosystem development.