Polkadot (DOT) Jumps 11% After Token Supply Cut & Stablecoin Launch – Can It Hit $1.75?
Polkadot's price rose 11% following a 54% cut in annual token issuance and the launch of its native stablecoin, with rising open interest and long dominance suggesting further upside.
The reduction aims to curb inflation, while the stablecoin could boost DeFi usage; analysts watch if DOT can break the $1.75 resistance level amid growing bullish sentiment.
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