#DOT_UPDATE 13. My final reading of the DOT
The current situation is very different from simply saying:
"DOT fell from US$55 to US$1, so it’s cheap."
It is well below the peak, but a low price does not automatically mean undervaluation.
I see four simultaneous forces:
Positive: a 2.1 billion cap, a massive reduction in emissions in 2026, staking, Coretime, Polkadot Hub, technological evolution, and the possibility of greater institutional inflows via an ETF.