Polkadot (DOT) – the flagship project of the web3 Foundation
Bitcoin has posted a staggering 150% growth so far this year, attributing its surge to a more stable global economy. Meanwhile, Ripple has experienced a commendable 70% gain over the same period, helped by favorable legal developments in the courts.
However, Polkadot seems to have missed the memo about the booming market. The crypto network designated by the Web3 Foundation has experienced a 4% decline this year, and looking at its performance over the past 52 weeks, price woes have escalated to 29%.
The Web3 Foundation is preparing to launch a new funding system for Polkadot developers, in line with Parity’s new approach to promotion. "Our community has many diverse voices and we want to help more people become leaders," they tweeted two weeks ago.
DOT recommends paying attention, every rebound is pretty good.
