- DOT was able to overtake both MATIC and LINK to become the twelfth-largest cryptocurrency by market cap.
- DOT was changing hands at $6.86 after its price underwent a correction in the past 24 hours.
- Technicals suggest that DOT’s bullish momentum may have reached a peak.
Polkadot (DOT) was able to climb above Chainlink (LINK) and Polygon (MATIC) in terms of market cap. This is after DOT’s price surged more than 21.50% over the past week.
At press time, DOT was trading hands at $6.86 according to CoinMarketCap data. Despite the altcoin’s price undergoing a slight correction in the past 24 hours, DOT was still ranked above LINK and MATIC in terms of market cap.
DOT outperformed LINK throughout the past day of trading as well, as LINK saw its price drop more than 8%. MATIC was the best performer of the three cryptocurrencies, as it only recorded a 24-hour loss of 4.96% during the same period. Subsequently, LINK changed hands at $15.04, while MATIC’s price stood at $0.8661.
In terms of market cap, DOT had a total valuation of $8.605 billion. On its heels was LINK with its cap of $8.377 billion. Both of these cryptocurrencies stated above had a sl…
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