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Polkadot gains 75% in one week — But can DOT price reach $20 next?

Published 01/16/2021, 09:35 AM
Updated 01/17/2021, 11:40 AM
Polkadot gains 75% in one week — But can DOT price reach $20 next?
BTC/USD
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XRP/USD
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DOT/USD
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Bitcoin (BTC) has made significant moves already this year but altcoins are catching up. Once Bitcoin’s price starts to stabilize, the market environment becomes better for altcoins to begin their run.

One of the strongest performers in 2021 is Polkadot, as this cryptocurrency has been making new all-time highs day in, day out. Polkadot’s price rallied by 85% in 2021 and 75% in the past seven days, surpassing XRP in market capitalization.

DOT/USDT 1-day chart. Source: TradingView
DOT/USDT 1-day chart. Source: TradingView
DOT/BTC 1-day chart. Source: TradingView
DOT/USD 2-hour chart. Source: TradingView

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