
Polkadot Token Prediction
About Polkadot Token (DOT)
Polkadot Token (DOT) on Binance Smart Chain is a wrapped version of the native Polkadot asset, enabling BSC users to access DOT's cross-chain interoperability features. With a market cap of $21.8M and 215K holders, this token maintains reasonable adoption but suffers from concentrated ownership and thin liquidity. The current price of $1.36 reflects recent selling pressure, though steady holder growth suggests underlying accumulation interest despite short-term bearish momentum.
Current price: $1.36
Market cap: $21.79M
Liquidity: $245.96K
Holders: 70.0K
Polkadot Token Price Prediction
DOT on BSC is experiencing notable selling pressure with a -4.34% decline over 24 hours and sell volume ($5,017) exceeding buy volume ($4,041) by approximately 24%. The 55.4% sell pressure combined with declining short-term momentum suggests continued downside risk in the immediate term, though the modest hourly recovery of +0.11% indicates potential stabilization.
Medium-term outlook remains cautious given the concentrated holder structure and limited liquidity on this BSC-wrapped version. The native Polkadot ecosystem developments and broader market conditions will likely drive price action more than this specific token's on-chain metrics.