Polkadot Developments Show Strength, Despite Coin’s 18% Loss

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As the rebound in some sectors of the crypto market slows, Polkadot (DOT) has captured some momentum garnering the attention of some investors that grabbed it at a discount. According to CoinGecko, the token is up almost 6% today, with the rebound slowing to a mere 2% increase since yesterday. However, this has not deterred investors from keeping their eyes on DOT as it slowly makes its way upward. 

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This is partly due to Polkadot’s continuing on-chain developments that helped ease market anxieties after the broader sell-off that happened this week. We might see more positive movement in the coming days investors and traders are convinced that the sell-off is a one-of-event. 

DOT price up in the last 24 hours. Source: Coingecko

Tuning In To On-Chain News For Polkadot 

On-chain, the Polkadot’s parachains are actively contributing to the network’s overall growth. Polkadotters, an X account…

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