DOT’s price fell by 2.90%, with the RSI below the neutral level, indicating ongoing bearish sentiment., the blockchain interoperability protocol established in 2016, has allocated $87 million worth of DOT tokens toward activities in the first half of 2024.This spending leaves the company’s treasury, with $245 million worth of DOT remaining.Community members are now estimating that the remaining funds could potentially last for approximately two years, based on current market conditions.
“ It is a highly toxic ecosystem that lacks any real value for web3, and it does not focus on users or adoption at all.”who highlighted that the firm’s financial position is “Deep in the negative”, a term often used to describe a situation wherein expenses or liabilities exceed income or assets.“The whole notion of a “runway” for the on-chain treasury is misleading. The treasury has continuous inflows. It’s never going to run out of funds.