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DOTUSD

Polkadot (DOT) Blockchain Infrastructure and Smart ContractsPolkadot (DOT) Blockchain Infrastructure and Smart Contracts: Web3 Foundation and Parity Technologies ➡️ Web3 Foundation web3.foundation , based in Switzerland, is an organization dedicated to promoting Web3 technologies, with Polkadot as its flagship product. Its founder, Gavin Wood, was one of the co-founders of Ethereum and played an important role in developing the leading altcoin, including the widely known Solidity programming language. ➖ In the last four years, Web3 Foundation has granted a total of 480 grants to various projects ( medium.com ). The numbers include 60 grants in 2019, 147 in 2020, 123 in 2021, and 150 in 2022. ➖ Parity Technologies ( www.parity.io ), founded by Gavin Wood, is the company behind Polkadot blockchain. Wood served as CEO of Parity for many years and currently serves as the company's Chief Architect. ➖ Since the launch of parachains in late 2021, Polkadot has become a large and diverse ecosystem with 74 parachains currently active on the network ( polkadot.network ). In total, there are about 550 projects running or in development on Polkadot's technological stack. ➖ Over 200 teams have launched or are creating their own blockchains on the Polkadot network, recognizing that this model better suits their needs. 🎉 Exciting news arrived in November 2022 when Web3 Foundation announced after three years of collaboration with SEC that Polkadot's native token, DOT, has transformed and is no longer considered a security. Web3 Foundation's Polkadot Reaches New Milestones in 2022: Record Development and Tokenomics Explained 💥🚀 In 2022, the Web3 Foundation grant program reached two important milestones: receiving its 1000th grant application and supporting its 400th project. It's no surprise that Polkadot's development reached record levels in 2022. DOT is the native token of the Polkadot network. ➖ Polkadot has no maximum coin limit (inflationary model), and rewards are distributed through the protocol's staking mechanism. ➖ Currently, there are 1.16 billion DOT tokens in circulation. It is expected that the supply of DOT tokens will reach 1.5 billion by January 2025 ➖ Check out the detailed tokenomics ( www.coingecko.com ) and Polkadot's roadmap ( polkadot.network ). Priorities include scalability, inter-parachain communication, Relay Chain management, staking, and bridges to other ecosystems. 💥 In 2022, the project truly showed good development dynamics. However, it's important to keep in mind that Polkadot is still a very young ecosystem (the average parachain has been on the network for only about 6 months). This year, the project team will need to put in a lot of effort to keep up with the race of leading blockchains.🚀
Long
by UnknownUnicorn285026
POLKADOT - BOTTOM IS IN!From looking at POLKADOT on a high timeframe, we can see that Polkadot has completed wave 2 PERFECTLY and the bottom is in. We are now looking to ride wave 3, we made one impulse to the upside and now we are correcting that move. See lower timeframe analysis for the breakdown. Trade idea: - Watch for the completion of the current correction - Enter at the break of wave 2, stops must be below the bottom - Targets: 14, 24, 54, HODL the rest Goodluck and as always, trade safe.
BINANCE:DOTUSD
by WicktatorFX
4
DOT - false breakdown?Hello, everyone! Now it's time to make an update on BINANCE:DOTUSDT . We can see the upward trend channed which market maker used for the manipulations. There are 2 fake outs: one to the down and one to the upside. Now the price broke the support line again. I suppose if the price will be able to re-enter the channel we can see the scenario on the chart. But now it's bearish and we need a confirmation that the price have an intention to re-enter inside the channel. Best regards, Ivan
by Skyrexio
7
Polkadot: On the Dot ⌚️Polkadot has already made further progress in our primary scenario and should continue the downwards movement. We expect our crypto-friend to arrive in the magenta-colored zone between $6.49 and $6.06 on the dot to finish wave a in green. Then, the altcoin should apply itself to the countermovement of wave b in green, which should lead out of the magenta-colored zone but stop before the resistance at $7.89. Afterwards, Polkadot should take another southwards step by completing wave c in green as well as wave ii in orange. Alternatively, there is a 40% chance that Polkadot could climb above the resistance at $7.89, thus shifting the recent high upwards by developing wave alt.i in orange.
BINANCE:DOTUSD
by MarketIntel
1
DOT - more gains ahead!Hello, traders! As you know I expect Bitcoin a little bit higher. Anyway it should break through the $25200 resistance. At the same time DOTUSDT can show us the fantastic pump in the upcoming days. On the 1D chart BINANCE:DOTUSDT chart we can notice that the trendline resistance was broken without retest. Moreover price formed the range and made a deviation below. Therefore, there is the high probability that PolkaDot will make the same deviation above. It would be logically also because of the ton of liquidity on this way. After that it is going to be difficult to pump, thus I expect the retest of the trendline and the bottom for this asset next to $3 . Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
Long
by Skyrexio
12
DOTUSD Futures ( DOTUSD3 ), H4 Potential for Bearish DropTitle: DOTUSD Futures ( DOTUSD3 ), H4 Potential for Bearish Drop Type: Bearish Drop Resistance: 6.992 Pivot: 6.454 Support: 5.700 Preferred case: Looking at the H4 chart, my overall bias for DOTUSD3 is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Expecting price to continue heading towards the support at 5.700, where the overlap support is. Alternative scenario: Price could head back up towards the resistance at 6.992, where the previous swing high is. Fundamentals: There are no major news.
DShort
by Genesiv