DOT rises 14.6% to $1.22, with $15.67 million in 24-hour trading volume, leaving the other coins on the list far behind. Polkadot, the elder statesman of the cross-chain track—these past couple of years have basically meant a slow, downtrend. Today it was suddenly pulled up, and my first reaction was to look for news, but I couldn’t find anything.
When an old coin sees volume pick up, there are only two explanations: either someone knew something in advance, or after hot money sweeps the new tickets, they circle back to pick up the old low-lying spots. The first one is always the one I’m last to hear about. The second one—by the time I see the leaderboard, they’ve already reached halfway up the hill. Whether 1.2 can hold is more worth watching than how much it’s up today. I’ll add it to my watchlist first and observe for the next two days.
When an old coin sees volume pick up, there are only two explanations: either someone knew something in advance, or after hot money sweeps the new tickets, they circle back to pick up the old low-lying spots. The first one is always the one I’m last to hear about. The second one—by the time I see the leaderboard, they’ve already reached halfway up the hill. Whether 1.2 can hold is more worth watching than how much it’s up today. I’ll add it to my watchlist first and observe for the next two days.