Polkadot (DOT), an altcoin, has experienced a significant drop in price, falling below $4. The altcoin’s price started the week positively but faced heavy selling pressure, resulting in a substantial decline. It’s currently trading below the $4 level and is just inches from its multi-year support of $3.62.
Despite this, the altcoin is likely to recover if it drops to its multi-year support.
