$DOT 10Around October 29, it fell below $1; its current price is about $0.95, down approximately 67.8% over the past year (according to CoinGecko data cited by media outlets). Interestingly, around the same time, it made a move seen as “good news”: reports say the network has capped total supply at 2.1 billion tokens and reduced annual issuance, while staking rewards have fallen from double digits to single digits.
For beginners, here’s the simple explanation: reduced issuance means slower dilution, but it doesn’t mean the price will rise. People still need to use and buy it.
Market data (Kraken 4-hour chart, past 7 days): the range was approximately $0.867–$1.104. The $1 level is a clear psychological threshold. The current price is around $0.95, below all commonly watched moving averages, with selling activity outweighing buying activity.
Levels to watch: $1.00–$1.10 above; near the 7-day low of about $0.87 below.
Catalysts: whether the JAM upgrade generates genuine demand for transaction fees, and ETF inflows.
Risks: trading volume is far below the monthly average, so low volume can amplify one-sided price moves. Also, in late October, a third-party wallet was reported to have leaked private keys. Check official announcements when using wallets.
My view is to wait and see whether volume returns before talking about a rebound. Are you more focused on the “supply cap” or on “actual usage”?
#Polkadot #代币经济
This is not investment advice.
For beginners, here’s the simple explanation: reduced issuance means slower dilution, but it doesn’t mean the price will rise. People still need to use and buy it.
Market data (Kraken 4-hour chart, past 7 days): the range was approximately $0.867–$1.104. The $1 level is a clear psychological threshold. The current price is around $0.95, below all commonly watched moving averages, with selling activity outweighing buying activity.
Levels to watch: $1.00–$1.10 above; near the 7-day low of about $0.87 below.
Catalysts: whether the JAM upgrade generates genuine demand for transaction fees, and ETF inflows.
Risks: trading volume is far below the monthly average, so low volume can amplify one-sided price moves. Also, in late October, a third-party wallet was reported to have leaked private keys. Check official announcements when using wallets.
My view is to wait and see whether volume returns before talking about a rebound. Are you more focused on the “supply cap” or on “actual usage”?
#Polkadot #代币经济
This is not investment advice.
