Polkadot, Compound, Algorand Price Analysis: 30 January

The last 7 days have been very interesting, to say the least, for the crypto-market. While for most of the week the market seemed destined for more consolidation, Bitcoin bucked the trend after the Musk-driven hike yesterday. While the world’s largest cryptocurrency was back at square one at press time, it should be noted, however, that many of the market’s altcoins didn’t register corresponding hikes of their own. The price charts of Polkadot, Compound, and Algorand are a case in point.
Polkadot [DOT]
Source: DOT/USD on TradingView
The market’s fourth-largest cryptocurrency at press time, D