- The number of short positions taken against DOT grew despite a surge in price.
- Public sentiment fell materially as social volume fell.
Polkadot’s [DOT] price movement has seen green over the last few weeks, against all odds. But despite this, many traders have turned bearish on the altcoin.
Bears get hungry
Based on AMBCrypto’s analysis of Coinglass’ data, the number of short positions taken against DOT had grown materially. The percentage of short positions taken against DOT grew from 49% to 55% in the last few days.
This meant that many traders were banking on the fall in DOT’s price at the time of writing.
Source: Coinglass
Despite trader behavior, the price of DOT grew increasingly in the past few weeks. The price showed multiple higher highs and higher lows, showcasing a bullish trend.
At press time, DOT was trading at $5.53, with its price growing by 0.91% in the last 24 hours.
However, Polkadot’s Social Volume did not grow during that period. This meant that DOT was failing to gain popularity on the social front.
The network also saw a decline in Weighted Sentiment. This meant that the overall number of negative comments for DOT had increased compared to the positive ones.
This falling Weighted Sentiment could act as a fork in the road for Polkadot’s price, going forward.
Source: Santiment
New updates
However, recent collaborations being made by the Polkadot system could help improve public sentiment around the network and could relieve the waning metrics around DOT.
Read Polkadot’s [DOT] Price Prediction 2023-24
As per a tweet by Polkadot Insider on the 3rd of December, the blockchain will see the launch of Polimec soon. Alongside this, amidst other developments, the ecosystem introduced Parallel Finance as well.
Regardless, it remains to be seen whether these updates will be enough to curb the bearish sentiment around DOT and help the token regain investor favor over the next few weeks.
The #Polkadot and #Kusama ecosystems are growing impressively with great news on a daily basis 🗞️#PolkadotInsider is pleased to bring you the recap of highlight events in the @Polkadot and @kusamanetwork ecosystems in the last 72hrs 📰
Check it out 👇🧵#DOT #KSM pic.twitter.com/hh34qtJaxQ
— Polkadot Insider (@PolkadotInsider) December 2, 2023
where to get generic clomiphene without prescription can i purchase cheap clomid prices cost of cheap clomiphene without a prescription how can i get generic clomiphene tablets cost generic clomiphene pills how to get clomid buying generic clomid
This is a very good tips especially to those new to blogosphere, brief and accurate information… Thanks for sharing this one. A must read article.
This website exceedingly has all of the low-down and facts I needed to this participant and didn’t know who to ask.
More articles like this would remedy the blogosphere richer.
how to buy zithromax – buy tindamax 500mg without prescription metronidazole for sale
motilium 10mg pills – buy cheap domperidone cyclobenzaprine oral
cheap amoxicillin for sale – order ipratropium 100mcg online cheap order ipratropium 100 mcg online cheap
cost zithromax – buy generic zithromax buy nebivolol 5mg generic
Adorei este site. Para saber mais detalhes acesse nosso site e descubra mais. Todas as informações contidas são informações relevantes e exclusivas. Tudo que você precisa saber está está lá.
buy augmentin sale – https://atbioinfo.com/ acillin over the counter
order esomeprazole generic – https://anexamate.com/ where to buy nexium without a prescription
buy coumadin medication – https://coumamide.com/ cozaar 50mg tablet
buy meloxicam 15mg pills – swelling mobic 15mg usa
deltasone 40mg tablet – https://apreplson.com/ cost deltasone 5mg
As soon as I discovered this internet site I went on reddit to share some of the love with them.
where to buy otc ed pills – fastedtotake buy ed meds
order amoxil generic – generic amoxil amoxil pills
buy forcan sale – https://gpdifluca.com/ forcan without prescription
cenforce 50mg uk – https://cenforcers.com/ order cenforce 50mg pills
no presciption cialis – does medicare cover cialis where can i buy cialis on line
order zantac pill – https://aranitidine.com/# cost ranitidine 300mg
how to get cialis for free – generic cialis vs brand cialis reviews tadalafil best price 20 mg
This website positively has all of the information and facts I needed about this case and didn’t comprehend who to ask. https://gnolvade.com/
More delight pieces like this would insinuate the web better. order azithromycin 500mg online cheap
This is the tolerant of advise I unearth helpful. https://ursxdol.com/cenforce-100-200-mg-ed/
I couldn’t turn down commenting. Well written! https://prohnrg.com/product/atenolol-50-mg-online/
I like this post, enjoyed this one thankyou for putting up.
This is the tolerant of enter I find helpful. https://aranitidine.com/fr/acheter-propecia-en-ligne/
With thanks. Loads of erudition! https://ondactone.com/simvastatin/
More articles like this would frame the blogosphere richer.
https://proisotrepl.com/product/baclofen/
Hi, just required you to know I he added your site to my Google bookmarks due to your layout. But seriously, I believe your internet site has 1 in the freshest theme I??ve came across. It extremely helps make reading your blog significantly easier.
I’ll certainly carry back to review more. http://bbs.yongrenqianyou.com/home.php?mod=space&uid=4272503&do=profile
I’m still learning from you, while I’m trying to achieve my goals. I definitely love reading everything that is posted on your blog.Keep the information coming. I loved it!
I have not checked in here for some time as I thought it was getting boring, but the last few posts are great quality so I guess I will add you back to my everyday bloglist. You deserve it my friend 🙂
I would like to thnkx for the efforts you have put in writing this blog. I’m hoping the same high-grade site post from you in the upcoming also. In fact your creative writing abilities has encouraged me to get my own website now. Really the blogging is spreading its wings fast. Your write up is a good example of it.
I together with my pals were going through the nice advice found on the website and before long got an awful suspicion I had not expressed respect to the website owner for those secrets. My men had been happy to read all of them and already have truly been making the most of these things. We appreciate you indeed being indeed kind and for choosing varieties of extraordinary issues most people are really desirous to discover. My personal honest apologies for not expressing gratitude to sooner.
order dapagliflozin 10 mg generic – https://janozin.com/ forxiga 10mg tablet
Fantastic goods from you, man. I have understand your stuff previous to and you are just extremely magnificent. I actually like what you have acquired here, certainly like what you are stating and the way in which you say it. You make it entertaining and you still care for to keep it smart. I can not wait to read much more from you. This is really a tremendous website.
where can i buy orlistat – on this site buy orlistat online cheap