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Polkadot price drops 3.3% to $1.006 amid trust issues and limited supply impact

Market News
27 Oct 2026, 00:17 WIB
CryptoTicker
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Bearish
Polkadot price drops 3.3% to $1.006 amid trust issues and limited supply impact

Polkadot (DOT) fell 3.3% to $1.006 on October 26, marking its fifth consecutive losing session. The decline follows a security warning about tampered Fearless Wallets that drained 17,286 DOT, damaging investor trust more than the actual loss. Despite a fixed supply cap of 2.1 billion DOT and a new issuance model limiting new tokens, daily trading volume far exceeds new supply, meaning the cap currently has little effect on price. Investors should watch upcoming Kusama proposals and the 28-day staking lock-up period, with a key Federal Reserve rate decision occurring mid-unbonding period. The supply cap may support long-term scarcity but does not prevent short-term price drops without renewed demand.

Polkadot trades at Rp18,113 on Pluang, down 2.83% in the past day. As of Oct 27, 2026 04:32 WIB, the market cap stands at Rp31.18 trillion with a 24-hour trading volume of Rp2.25 trillion, reflecting active investor interest despite recent price declines.

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