Analyst Thinks DOT Will Reclaim Former Glory With Polkadot 2.0
DOT, the native currency of Polkadot, a smart contract platform, remains under pressure, posting sharp losses after soaring to an all-time high
Read MoreDOT, the native currency of Polkadot, a smart contract platform, remains under pressure, posting sharp losses after soaring to an all-time high
Read MoreAccording to a Nov. 6 post on X, Cardano has chosen to use Substrate, the foundation of the Polkadot SDK, to build its partner chain project. This decision is said to come after four years of research, culminating in Cardano selecting Polkadot’s SDK, formerly Substrate, as the ideal choice due to
Read MorePolkadot (DOT) is gaining pace above the $4.50 resistance against the US Dollar. The price could surge toward $5.5 if it clears
Read MoreThe crypto market rallied in “Uptober” as Bitcoin (BTC) soared as high as $35k. Altcoins like Polkadot (DOT) and Cosmos (ATOM) followed, seeing gains on the weekly chart. On the other hand, analysts are bullish on Everlodge (ELDG). Polkadot rises 4.33% Polkadot released around 99 million DOT into circulation on Oct. 24. Despite
Read MoreThe Polkadot (DOT) network is exploring ways to implement deflationary mechanisms to counterbalance inflation and accrue value for DOT token holders. According to a new Request for Comments (RFC) proposal titled “Burn Coretime Revenue,” Polkadot aims to burn revenues generated from sales of unused Coretime on the network. Coretime refers to
Read MoreThe use of artificial intelligence (AI) is increasing, with more crypto protocols adopting the technology. In Q4 2023, ChatGPT was tasked with predicting prices for Polkadot, Cosmos, and Everlodge. Summary: ChatGPT sees Polkadot rallying to $7.74 in Q4 2023. Cosmos network activity is rising, and ATOM prices could follow. ChatGPT forecasts Everlodge to reach
Read MoreParity Technologies, the company behind the Polkadot blockchain, is cutting 30% of its workforce — about 100 employees — amid a widespread wave of staffing cuts across the crypto industry.See related article: Chainalysis cuts 150 employeesFast FactsThe decision to lay off staff arrives as Parity attempts to refocus on its
Read MoreRecent reports also suggest that a significant number of employees were laid off earlier this month, with sources indicating that approximately 300 people lost their jobs. Parity Technologies, the prominent blockchain infrastructure company supporting the Polkadot network, has unveiled a significant restructuring plan that includes a 30% (around 100 people) reduction
Read MoreThe CoinDesk Bitcoin Trend Indicator BTI, which measures the directional momentum and strength in bitcoin's price action, switched to "significant uptrend" as BTC strengthened its footing above the $30,000 level, Todd Groth, head of research at CoinDesk Indices, noted. Original Source
Read MoreNuggetRush’s utilities and growth potential boost meme coin Parity Technologies aims to decentralize Polkadot Crypto whales selling ETH in 2023. NuggetRush (NUGX), a project with solid fundamentals and meme coin potential, can be explored. Polkadot’s (DOT) decentralization shift, Ethereum (ETH) whale behavior, and market trends can also offer insights for investors. NuggetRush creators
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