Polkadot's 97% Plunge: Is the Once-Hyped 'Layer 0' Network a Bargain or a Ghost Chain?
Five years after its peak, Polkadot (DOT) trades at a staggering 97% discount from its all-time high. Once a top-tier crypto, it has now fallen outside the top 30. We examine whether its steep discount represents a hidden opportunity or a sign of a failed thesis in a market now dominated by Ethereum and Solana.