PEAQ fluctuates 64.8% in 24 hours, surging over 40%: Polkadot tokenomics reset drives DePIN ecosystem momentum

Volatility Overview

PEAQ experienced significant price volatility in the past 24 hours, reaching a high of $0.0211 and a low of $0.0128. It is currently trading at $0.0183, with an amplitude of 64.8% and an approximate 42.9% gain from the 24-hour low. 24-hour trading volume surged to $16.65 million, with a market capitalization of about $35 million.

Brief Analysis of the Cause of the Market Movement

- Polkadot officially implemented a tokenomics reset on March 17, 2026, introducing a hard cap of 210 million and reducing the emission rate by 53.6%, aiming to stabilize the ecosystem and boost long-term adoption. This move directly benefits PEAQ, its DePIN parachain, driving momentum for applications such as supply chain tracking.

- Polkadot’s own price increased by 11% within 24 hours, with trading volume soaring by 300%. The “halving” event and scarcity model prompted a linked rebound among tokens within the ecosystem.

Market Views and Outlook

Overall market sentiment is optimistic, with 88% bullish opinions in the CoinGecko community. Analysts believe Polkadot’s reset will attract developers and users into the DePIN sector. PEAQ may benefit from long-term adoption growth, but caution is advised regarding overall crypto market volatility and low liquidity risks in the short term.