$DOT : Still HODLing or Time to Jump Ship? 🤔👇
DOT crew! Let's be real, DOT's price action hasn't exactly been lit lately. Compared to $BTC and $ETH , DOT's returns over the past 3 months have been kinda meh, sitting at -25% and change. It's a similar story when you zoom in on shorter timeframes – DOT just isn't bringing the gains right now. 🤕
On top of that, #DOT is currently chilling at $7.04, a whopping 86% down from its all-time high back in November 2021. 🥶 Things are even a bit quieter on the user front. The number of folks actively using the #Polkadot network has dipped, with daily active addresses going from a peak of 14.7K to just around 7.28K. 😅
But hold on a sec! 😤 Before we all hit the panic button, let's not forget about Polkadot's parachains – those independent blockchains that piggyback off Polkadot's security and speed. Over the past 3 months, parachains have actually been seeing a decent amount of activity, with a daily average of 60-70K active addresses.
**So, the big question: Is DOT a buy, sell, or hold? ** 🤷🤐
Let's hear your thoughts in the comments. 👇💻🙏DYOR! #altcoins #ETH