The Polkadot price has crashed over the past few months, dropping from a high of $11.7 in November to $4 today. It also remains much lower than its all-time high of $52. Still, one analyst has made the case why the DOT token will rebound in the coming months.
Analyst Makes the Case for Polkadot Price
Daniel Cukier, a top analyst and developer, has made the case for why the Polkadot price is on the cusp of a strong rebound.
He noted that the recent DOT crash was structural in nature. He argues that the coin plunged because, historically, Polkadot has used the parachain auction approach, which initially created substantial demand. This demand arose because teams had to purchase and lock DOT tokens for a period of two years.
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Why did $DOT crash from $50 to $5?
And why could it soon return to its all-time high?
It wasn’t just the bear market.
It was structural.
But the same mechanics that crushed DOT…
might now be setting it up for a comeback.
Let me explain 🧵— Daniel Cukier (@danicuki) June 6, 2025
The slots then started to expire recently, and many teams began selling, likely because their projects had…
