Things have been relatively calm and quiet on the Polkadot front but a lack of excitement was seen for both the network and the DOT cryptocurrency.Investors’ attention has been shifting elsewhere but Polkadot is still winning in one key area.Is your portfolio in the green?
Check out the Polkadot Profit CalculatorFor perspective, most of the top Polkadot metrics align with the market slowdown observed in the last few weeks.
For example, on-chain volume achieved a monthly peak between 18 and 20 February. The volume tanked since then and was rapidly approaching its 4-week lows, at press time.Source: SantimentThe low volume also aligns with Polkadot’s liquidity outflow observed within the same period.
The network has so far lost roughly $1.6 million from its market cap in the last 2-3 weeks.Social volume has been relatively weak for the most part within the last four weeks.Read more on ambcrypto.com