I think other altcoins like ETH, SOL,BNB,Cardano,XRP etc are way better options then dot to invest. These coins have proved in the past that they have some very strong fundamentals and they are more worth it to invest then dot in think. We should look more at them as halving is near rather than a project that has a very weak performance history in the past.
The bullish moment of the current crypto market saw Bitcoin price rise to the highest level we have seen. There are many coins around this market hype of Bitcoin like Ethereum, BNB, Solana among the top alt coins have pumped most of the coins but we haven't seen Polka Dot Coin perform like that. Dot is one of the top coins, I think the coin may go higher when the bull season starts after the bitcoin halving. I think the Dot is not lost yet, investing in this coin will have to wait a little longer, hopefully next year's coin can change its character.
Not only polkadot but other major alts like matic, link, xrp and some others are also underperforming till now. I think its common for all major coin in every season. In the last season we have seen how majors alts were slow moving in the initial phrase of the bull market. But when people started joining the market and all of the media started talking about crypto all the major alts also started moving as well. I am expecting a similar scenario this time as well. Also Polkadot 2.0 can be a game changing for the dot community.