Polkadot’s DOT Plunges 5%: Selling Frenzy Triggers Market Bloodbath

Bearish traders just took a chainsaw to Polkadot's DOT—lopping off 5% in a single session as sell orders flooded the market. Here's why the bleeding might not stop yet.

The domino effect: When whales dump, retail panics. And right now, the order books look like a Black Friday sale—except everything's red.

Liquidity crunch: Bids got swallowed faster than a Bitcoin maximalist's pride during an altseason. With support levels shattered, algorithmic traders piled on like vultures circling wounded prey.

Silver lining? DOT's still up 300% since the last cycle bottom—which just proves even 'Web3 infrastructure plays' aren't immune to good old-fashioned greed and fear. (But hey, at least the stakers are still getting their inflationary rewards—paid for by bagholders, naturally.)