Five years ago, Polkadot (DOT 1.32%) was a high-flying cryptocurrency that ranked among the largest in the world. But how times have changed. Polkadot no longer ranks among the top 30 cryptocurrencies and has fallen off the radar of most crypto investors.
So, is it worth taking a closer look at Polkadot? At a bargain price of just $1.84, surely Polkadot must be an underrated crypto, right?
Image source: Getty Images.
An ugly five-year chart
The answer, unfortunately, is no. Just one look at Polkadot’s five-year chart tells you all you need to know. After hitting an all-time high of $55 back in November 2021, Polkadot soon cratered in…
