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Remember @Polkadot $DOT?
It was once a top 10 cryptocurrency with a market cap of over $50 billion
Now, it's down 98.6% from its all-time high
The biggest reason?
Polkadot kept building, but failed to attract users, liquidity, and developers at the same pace as competitors like Solana and Ethereum L2s
Absolutely brutal
#Polkadot #DOT #Crypto #Altcoins
It was once a top 10 cryptocurrency with a market cap of over $50 billion
Now, it's down 98.6% from its all-time high
The biggest reason?
Polkadot kept building, but failed to attract users, liquidity, and developers at the same pace as competitors like Solana and Ethereum L2s
Absolutely brutal
#Polkadot #DOT #Crypto #Altcoins