Is Polkadot (DOT) Price Undervalued as Institutional Interest Grows?
cryptonews.net
The Polkadot (DOT) price is witnessing bullish momentum building at the moment, which is likely signaling further growth for the altcoin. institutions are the drivers of the bull run this year DOT has noted higher inflows than the likes of its competitors , Polkadot’s inflows surpassed that of major
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- The Polkadot (DOT) price is witnessing bullish momentum building at the moment, which is likely signaling further growth for the altcoin.
- institutions are the drivers of the bull run this year
- DOT has noted higher inflows than the likes of its competitors
- , Polkadot’s inflows surpassed that of major cryptocurrencies – Ripple and Cardano. Both these tokens stand to be an institutional favorite, but DOT has managed to defeat them both.
- institutions are observing potential in the altcoin that even the investors may not have recognized yet. The same is evident from the fact that Polkadot believes that cryptocurrency is undervalued according to the price-to-sales (P/S) ratio.
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