Polkadot (DOT) has announced a decrease in the inflation rate of its native currency, DOT. The community voted to reduce inflation from 10% per annum to 7.78%. This decision could control the supply of DOT, reduce selling pressure, and potentially increase the long-term value of the cryptocurrency. Lower inflation may drive up the price of DOT due to increased scarcity. It could also attract investors looking for stable assets. The reduction in inflation could lead to better network usage, increased adoption, and more staking. The anticipated launch of Polkadot 2.0 in 2025 further supports price appreciation. As of now, DOT has experienced volatility but remains optimistic. The announcement of a lowered inflation rate could trigger more accumulation in the short term and potentially push the price of DOT to new levels.
Content Editor ( thecoinrepublic.com )
- 2025-02-12
Polkadot (DOT) To Lower Inflation Rate To 7.78%, Here’s Impact on Price
