Polkadot’s DOT Stages Comeback After 7% Plunge—Bullish Reversal or Dead Cat Bounce?
Polkadot's native token defies gravity—again. After a brutal 7% nosedive, DOT clawed back with the tenacity of a degem trader chasing leverage. Here's why the market's watching.
The Dip That Almost Wasn't
Like a crypto phoenix, DOT rebounded from its weekly lows—proving once more that in blockchain, corpses don't stay buried. The 7% drop vaporized paper hands while OGs loaded bags.
Parachains vs. Gravity
Polkadot's architecture—built for interoperability—seems to extend to price action too. Every selloff just another opportunity for cross-chain capital flows. (Meanwhile, Bitcoin maximalists grind teeth.)
Market shrugs off the dip like a VC shrugging off regulatory scrutiny. Whether this resilience lasts depends on whether DOT can turn parachains into profit chains—not just another buzzword for pitch decks.