>>60938729
it's not dead,
short to medium term you got 2 ETF submissions. Max decision time is November. There is a high likelihood that DOT will be approved within the next batch of L1 coins and utility coin ETFs.
If it doesn't make it in, you can officially declare it dead.
In addition you got all the Scytale backed coins that will pump sometime although Scytale will go on the max extraction path and they will sell all their allocations so you be ready to sell with them and ideally before them. It applies to Acurast, Aventus, Hyperbridge, etc.
Long term you got very "elite aligned" developments like this doxxing Proof of personhood. Gavin in the most Brit way possible has decided to go all in on compliance, KYC, FATF - Davos mindshare so he will test the waters and use the DOT user base as guinea pigs for his Orwelian experiments. If he succeeds and gets nooticed by his sempais then DOT can grow in value and reclaim the top spots for the same reasons Worldcoin will climb the marketcap ranks. Worldcoin has US VCs in the mix, Polkadot does not so tread carefully.
A big red flag is that Parity is shedding hundreds of millions so Gavin will reach for the web3 foundation's DOT for airdrops experiments grants, etc which can damage DOT's price due to dumping.
Personally I'll just wait for Sep 16th for rate cuts and Nov for ETF approval and then evaluate dumping my stack. I got an average of 5$ so not terrible but not good either as this token has underperforming compared to other big caps.
Just ignore piss ID bc he's a paid shill. Pic rel.
