๐ Polkadot's (DOT) price briefly soared past $7, nudging its market cap close to a whopping $10 billion! ๐
Analysts are buzzing with optimism, predicting a potential rally to $20-$25 or even $9-$13 if DOT can break through key resistance levels.
Why the sudden surge?
- DOT's recent protocol developments are a big factor.
- The launch of the Join-Accumulate Machine (JAM) Gray Paper last month, which merges elements of Polkadot and Ethereum, is also a game changer.
Analysts like Michael van de Poppe believe DOT has already "bottomed," and is set for a steady climb. Others, like Block Diversity, suggest DOT could hit $9, $11, and eventually $13 once it clears the $6.90 resistance level.
Crypto enthusiasts FLASH and Crypto Thanos also see a bright future for DOT. FLASH describes DOT's recent price dip as a "textbook correction" that will soon be replaced by a resurgence towards the $20 mark.
What do you think? ๐ค Will DOT continue its upward trajectory? Share your thoughts below! #Polkadot #DOT #CryptoNews