Polkadot (DOT) has experienced a continued decline this week, with its price dropping over 3% in the past 24 hours. This downward trend is attributed to persistent selling pressure in the market.

The decline in DOT's value reflects broader market sentiments and investor behavior, which have been cautious amid recent market volatility. Analysts suggest that the selling pressure may be driven by profit-taking activities and macroeconomic factors affecting the cryptocurrency sector.

As Polkadot remains a significant player in the blockchain ecosystem, its price movements are closely monitored by investors and market participants. The ongoing decline highlights the need for careful market analysis and strategic decision-making.