Polkadot, which had a high development activity for quite some time, has seen a significant decline in recent times. Besides, DOT’s social media presence is also declining.
DOT price drops
Over the past week, Polkadot (DOT) has experienced a major decline in development activity.
Declining social media presence and negative investor sentiment may cause DOT to decline in price in the future.
Despite all the bearish signals, Polkadot has seen growth in NFTs. Polkadot’s NFT volume has consistently increased from $363,270 on August 26 to $1.62 million on September 24.