Polkadot (DOT) is experiencing a sharp price correction for the past days, painting its charts in red as it continues to struggle to find a solid footing and start climbing once again. At press time, tracking from Coingecko shows the crypto is trading at $6.11, going down by 1% over the last seven days, 5.1% for the past two weeks and by 4.6% over the last month. Furthermore, forecast from cryptocurrency data provider Coincodex points at a massive decline for Polkadot. While the altcoin in seen to slightly increase its value over the next five days to $6.18, it is bound to fall down all the way to $4.02 30 days from now. There are 24 technical analysis indicators that are sending bearish signals for the digital asset that is also under tremendous pressure from its extremely high supply inflation. Related Reading: AAVE Price Poised For Rebound With $94 On The Crosshair – Time To Buy? Polkadot Outperforms Ethereum And Solana Even with its extended bearish momentum, DOT managed to surpass Ethereum and Solana – two of cryptocurrencies in top 10 in terms of market capitalization – in terms of blockchain activity numbers. According to data shared by Polkadot Insider, over the last seven days, the asset’s network was able to tally activity index of 3124.14. ETH only managed to register 78.79 and was actually outranked by NEAR which came second to DOT with its 90.86 tally. Once again, @Polkadot is leading the dashboard in terms of dev...
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