Staked and Undervalued: Polkadot’s Bullish Case in a Hot Altcoin Market
The post Staked and Undervalued: Polkadot’s Bullish Case in a Hot Altcoin Market appeared on BitcoinEthereumNews.com. Polkadot (DOT) has been overshadowed in the current altcoin frenzy. However, DOT is forecast to stage a strong breakout with over 50% of its supply locked in staking and an expanding ecosystem. If it can capitalize on market sentiment and capital inflows, DOT’s price will rise to $5.30, possibly reaching $10 by September 2025. Is DOT The Market’s Dark Horse in This Cycle? At present, altcoins are capturing the market’s attention. Searches for “altcoin” on Google Trends have hit a record high. Search interest for altcoin. Source: Google Trends Against this backdrop, Polkadot (DOT) appears to be overlooked in the current bullish cycle. DOT is trading around $4.15, over 92% below its all-time high in 2021. This deep decline has led many investors to doubt the project’s potential. In addition, a user on X highlighted lingering issues in the project’s tokenomics. DOT experiences a high inflation rate and relatively large internal staking rewards. However, weak demand drivers outside staking indicate that pressure from new token issuance persists. Nevertheless, recent analyses suggest that DOT is well-positioned for an upswing, supported by an expanding ecosystem and bullish technical indicators. Data shows the network remains active and stable, with over half of DOT’s total supply locked in staking. This is a key factor in reducing sell pressure and creating conditions for price recovery. Analysts Eye $10 by September 2025 From a technical standpoint, the short-term outlook appears promising. After breaking through the $4.30 resistance level and forming a higher low, DOT has confirmed the potential continuation of its uptrend. Analysis from LennaertSnyder projects the next reasonable target at the $5.30 peak. Meanwhile, Joao Wedson believes the market may have already accumulated enough tokens. He suggests that prices are now simply waiting for a positive catalyst to trigger a strong rally that could wipe…
The post Staked and Undervalued: Polkadot’s Bullish Case in a Hot Altcoin Market appeared on BitcoinEthereumNews.com.
Polkadot (DOT) has been overshadowed in the current altcoin frenzy. However, DOT is forecast to stage a strong breakout with over 50% of its supply locked in staking and an expanding ecosystem. If it can capitalize on market sentiment and capital inflows, DOT’s price will rise to $5.30, possibly reaching $10 by September 2025. Is DOT The Market’s Dark Horse in This Cycle? At present, altcoins are capturing the market’s attention. Searches for “altcoin” on Google Trends have hit a record high. Search interest for altcoin. Source: Google Trends Against this backdrop, Polkadot (DOT) appears to be overlooked in the current bullish cycle. DOT is trading around $4.15, over 92% below its all-time high in 2021. This deep decline has led many investors to doubt the project’s potential. In addition, a user on X highlighted lingering issues in the project’s tokenomics. DOT experiences a high inflation rate and relatively large internal staking rewards. However, weak demand drivers outside staking indicate that pressure from new token issuance persists. Nevertheless, recent analyses suggest that DOT is well-positioned for an upswing, supported by an expanding ecosystem and bullish technical indicators. Data shows the network remains active and stable, with over half of DOT’s total supply locked in staking. This is a key factor in reducing sell pressure and creating conditions for price recovery. Analysts Eye $10 by September 2025 From a technical standpoint, the short-term outlook appears promising. After breaking through the $4.30 resistance level and forming a higher low, DOT has confirmed the potential continuation of its uptrend. Analysis from LennaertSnyder projects the next reasonable target at the $5.30 peak. Meanwhile, Joao Wedson believes the market may have already accumulated enough tokens. He suggests that prices are now simply waiting for a positive catalyst to trigger a strong rally that could wipe…
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