News
Significance:
6/10

Polkadot DAO approves 2.1B token cap on DOT supply in tokenomics shift

https://cointelegraph.com/news/polkadot-dao-approves-2-1b-hard-cap-dot-supply

Ezra Reguerra

Mentions

Sentiments

Target
Sentiment
Comment
Bearish
DOT's price dropped nearly 5% after the announcement of the tokenomics shift.
Bullish
Capping the DOT supply is expected to introduce long-term scarcity and reduce inflationary pressure.