Polka Dot (DOT) is one of the top performers this week. Despite the overall market slowing, Altcoin has hit 12.67% in the last seven days. Assets came from trading at a minimum of $4.02 and trading at a maximum of $4.55. This was a big rest for the dot market, which has been struggling for a while. Despite a slight increase in the last month of 2024, the annual price change of the asset is at minus 50%. However, the latest move by the Securities and Exchange Commission could bring significant benefits to assets.
Current market for polka dots
Dot was a pretty bullish day from $4.55 after trading at $4.33. This comes after a 1.97% increase over the last 24 hours. At the time of writing, the assets were trading at $4.53. Please note that DOT is 91% below its all-time high. Altcoin peaked at $55 in 2021 about three years ago. In fact, DOT is close to $2.69 in history.
As businesses began to focus more on small cryptocurrencies, Nasdaq filed documents with the SEC requesting permission to list and trade shares in 21 shares Polkadot Trust. Recently, the SEC has approved this submission. This has brought great news for the dot market.
March end price forecast
Polkadot will fail to carry this trend into the last week of March 2025. Cincodex data highlights how to immerse yourself in the low of $4.10 before it rises to $4.25 on March 31st. However, it should be noted that the above price levels are much higher than what the assets were trading earlier this week.
