Should You Buy Polkadot (DOT) While It's Under $5?
Is Polkadot in deep trouble, or poised to soar? Here's what the official Web3 cryptocurrency has been up to lately.
Cryptocurrencies have been volatile lately.
That's the unpredictable backdrop to any serious analysis of cryptocurrencies in March 2025. The election drove many coins sky-high, as investors hoped for dramatically more crypto-friendly policies under the Trump administration. But the new team hasn't actually offered much support to crypto owners so far, which explains the swooning price charts in recent weeks.
On that note, let's talk about Polkadot (CRYPTO: DOT). The official cryptocurrency of the Web3 Foundation saw impressive gains in November and early December, but lost nearly all of it since hitting that multi-year summit. Today, it's trading at $4.40 per coin and has gained a meager 5% in six months.
