$DOT ramping up

in hive-148441 •  4 years ago 

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$DOT one of the alts breaking out today more so than others. Over the last 24 hours it's made a low of 6.54 and a high of 8.07 right now it's currently being traded for around 7.60. Hearing it could move into the mid 8.00 range. Had my eyes on Polkadot for awhile now, one of the better altcoins in my opinion. There are a few coins I like in their ecosystem as well and from what I remember DOT usually moves first and the smaller caps tend to follow. ETH breaking out recently bolds well for alts regardless of the all the FUD we've been hearing with the SEC filing against XRP. Sure they could look into other companies as well but it's best to stand pat and wait to see how it shakes out. Can always adjust.

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polkadot is on a good track now. the market seems to be on the side of this coin. yesterday I saw the DOT price is still at $5.3, but today it is already $8.1. a beautiful milestone to close this year.

I think this is also the impact of ripple. people started shifting their Assets and updating their portfolios after many exchanges started phasing out XRP.