Polkadot Treasury Reserves at All-Time Low And DOT Bears Aren’t Helping

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Polkadot Treasury Reserves at All-Time Low And DOT Bears Aren’t Helping - NewsBTC

Quick Summary:

Polkadot Treasury Reserves Down To All-Time Lows Unyielding bears have been forcing prices lower over the months since DOT rose to around $10 in Q1 2024, depleting the Polkadot Treasury Reserves.

Policy Intervention To Boost Funds To further increase inflows into the Treasury Reserves, the Polkadot community passed a policy to reduce inflation.

Even though the platform promotes blockchain interoperability, a feature needed in the age of increasing fragmentation, DOT prices have failed to inspire bulls. This state of affairs on price charts reflects the general trend across the board, especially in leading smart contract platforms like Ethereum and Solana.