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Polkadot falls 5% after brief October rally despite new supply cap and reduced issuance.

Market News
17 Oct 2026
Coinpaper
View Source
Bearish
Polkadot falls 5% after brief October rally despite new supply cap and reduced issuance.

Polkadot (DOT) dropped about 5% on October 17, reversing gains from an earlier October rally that saw prices near $1.29. This decline occurred despite Polkadot's recent introduction of a 2.1 billion DOT supply cap and a reduced token issuance schedule aimed at limiting supply growth. The pullback reflects broader weakness in the altcoin market and profit-taking rather than any specific negative event for Polkadot. Investors are watching key support at $1.14 and a potential recovery to $1.20 as market sentiment remains cautious.

Polkadot is trading at Rp19.900 on Pluang, down 4.50% as of Oct 18, 2026 01:21 WIB. The market shows a slight selling bias with 54% of orders as Sell and a typical hold time of 121 days among investors.

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