Polkadot (DOT) has experienced a notable decline in recent days, erasing all gains from the previous week. The market has been dominated by bearish sentiment, leading to a significant drop in the altcoin's price.

This downturn highlights the volatility inherent in the cryptocurrency market, particularly for altcoins. Investors should remain cautious and consider the broader market trends and underlying factors driving these price movements.

As Polkadot continues to navigate these fluctuations, it remains crucial to monitor developments within the ecosystem and broader market conditions that could impact its future performance.