CandleFocus

Polkadot Surges Past $8 Mark

Polkadot (DOT) has experienced a significant surge in price, rising over 100% in the past month. This surge has helped the cryptocurrency reclaim the $8 threshold, which is now seen as a crucial support level for continued growth. The increase in Polkadot's price is part of a broader rise in cryptocurrency investments, with strong trading volumes and momentum further supporting its recovery. Experts predict that if the upward trend continues, Polkadot could break through the critical $10 resistance level and potentially reach $12.60. Presently, DOT is trading at $8.53, with a market cap of $13.14 billion and a high trading volume of $3.03 billion in the past day.

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