Polkadot (DOT), the 11th largest cryptocurrency with an overall valuation of nearly $6 billion, continues to keep its losses in this prevailing crypto winter to minimal levels.
On November 8, despite the negative effects of the collapse of the FTX exchange platform, the digital asset managed to briefly surpass the psychological $7 marker, peaking at $7.38.
DOT wasn’t able to sustain this gain and quickly abandoned the territory, hovering around the $6 region before eventually falling to the $5 range which it continues to maintain despite the ongoing bear market.
According to latest tracking from Coingecko, Polkadot is trading at $5.13 at the time of this writing, being down by only 1.3% over the last seven days.
(By Christian Encila)
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