Polkadot (DOT) Price Drops 2% Amid High Trading Volume - Market Analysis

The price of Polkadot's native cryptocurrency, DOT, has experienced a 2% decline in the last 24 hours. This downward movement coincides with trading volume that is notably higher than the average, indicating increased market activity. Such elevated volume during a price drop often suggests heightened selling pressure. Market analysts are monitoring key support levels for DOT to gauge the next potential direction. The broader cryptocurrency market sentiment remains a significant factor influencing DOT's short-term price action.