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Polkadot Jumps Ahead of Halving Event

Advertisement Home News Blockchains Polkadot Jumps Ahead of Halving Event DOT rises as investors look toward a coming supply cut, though analysts say the move may be driven by market sentiment. By: Jona Jaupi • Blockchains Polkadot’s native token DOT soared on Wednesday, Feb. 25, making it the top performer among large-cap cryptocurrencies just weeks before the network’s planned supply halving. DOT is currently trading at $1. 54, up about 23% over the past 24 hours, according to CoinGecko.

Advertisement Home News Blockchains Polkadot Jumps Ahead of Halving Event DOT rises as investors look toward a coming supply cut, though analysts say the move may be driven by market sentiment. By: Jona Jaupi • Blockchains Polkadot’s native token DOT soared on Wednesday, Feb. 25, making it the top performer among large-cap cryptocurrencies just weeks before the network’s planned supply halving. DOT is currently trading at $1. 54, up about 23% over the past 24 hours, according to CoinGecko. The token’s market cap is near $2. 6 billion, while daily trading volume has climbed above $420 million. DOT Chart The rally comes as Polkadot approaches a major tokenomics change scheduled for March 14.

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Polkadot Jumps Ahead of Halving Event