
Polkadot's DOT Falls 5% After Brief October Rally Despite 2.1B Supply Cap
- —DOT trades near $1.16–1.18 after peaking at $1.29 on October 10
- —The token fell about 7% on October 12 and closed near $1.17
- —A 2.1 billion DOT supply cap is in place, with the first issuance cut on March 14, 2026
- —Traders are watching $1.14 support and a possible rebound to $1.20
Why it matters: Better tokenomics have yet to lift the price: with altcoin demand weak, liquidity and sentiment outweigh supply caps in the short term.
Source: Coinpaper