Scarcity introduced. Polkadot moves to cap its token supply, addressing a major criticism just as "Agile Coretime" prepares for launch.

What's Happening:

  • Community discusses proposal to cap DOT supply at 2.1 billion

  • Price dips below $2.00 amid general market weakness

  • "Agile Coretime" upgrade set to revolutionize blockspace usage

  • Coinbase integration with USDC on Polkadot expands DeFi utility

Why It Matters: Inflation has been the biggest bear case for DOT. A hard cap changes the narrative completely, potentially transforming it from an inflationary utility token to a scarce store of value within its ecosystem.

Technical View: $DOT is in price discovery to the downside, breaking psychological support at $2. Accumulation here is for believers in the interoperability thesis. Fear & Greed at 22 suggests extreme oversold conditions.

🎯 Key Levels:- Support: $1.70 | Resistance: $2.10- 24h Range: $1.75 - $1.90

💡 Scarcity is the best marketing

What's your take? Drop a 🔥 for bullish, ❄️ for bearish 👇

#Polkadot #DOT #Tokenomics #CryptoNews #Web3

Disclaimer: This content is for educational purposes only and should not be considered financial advice. Always do your own research (DYOR) before making any investment decisions.