📉 Polkadot's Decline: A significant drop in Polkadot's daily trading volume poses a risk of further decline. Low volume suggests waning interest despite a recent 6.61% price increase.

📉 Excitement Drops: Data from Artemis.xyz reveals a volume of $137.80 million, among the lowest since the second quarter began. Rising prices alongside decreasing volume indicate a weak trend, potentially limiting DOT's short-term movement between $7.15 and $7.60.

🔧 Development Activity: Despite robust development activity, reflected in a Santiment metric of 2.92, DOT's price doesn't consistently correlate with it. Increased social volume on May 17th followed by a decline suggests subdued demand for DOT, making a 25%+ price increase unlikely in the short term.

💼 Factors to Consider: Other on-chain indicators like network growth could influence DOT's value. However, the current scenario suggests that hitting double digits might not be feasible this month.