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These metrics must change their course to restrain Polkadot from falling off the edge
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ambcrypto.comPolkadot, one of the market’s most prominent sharded multichain networks, was in the news recently owing to a report that linked its token outflows to the parachain auctions.
In the short timeframe, the asset’s price did not react negatively. In fact, after creating a low of $27.69 on 3 December, DOT managed to negate its losses.
Interestingly, even at the time of writing, DOT was the only asset in the top 10 that had witnessed an uptick in the 24-hour window.
Well, DOT’s price is evidently at an indecisive juncture. At this point, there are quite a few question marks revolving around whether or not it would be able to capitalize on its recent change in narrative.
At the time of this analysis, DOT was seen revolving at $29, right below its
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