Polkadot’s DOT token has surged about 27% over the past week as the network’s first halving event draws near. The halving is scheduled for March 14.
The move comes amid broader crypto market momentum as traders weigh the potential effects of DOT’s supply shift on price dynamics after the event. Market participants expect volatility to persist as liquidity and sentiment interact with the halving countdown.
As the date approaches, traders will monitor DOT’s price action for signs of sustained momentum or a pullback. The halving could act as a catalyst for volatility, depending on broader market conditions.
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