Polkadot (DOT) ends July with a bearish note as user engagement hits 2024 lows

Polkadot (DOT) displayed an unwelcoming performance in July, losing around 12% on its monthly chart. DOT underperformed as the bellwether Bitcoin jumped 8%, while Ethereum saw a brief 2% slide within the past 30 days. Dwindled user engagement contributed to Polkadot’s weakness in the last couple of sessions. The altcoin’s user activity plunged to 2024

Source: Invezz