Polkadot price has experienced unprecedented growth in the past week hitting a market capitalization of $16 billion.
Many investors, however, are concerned about a potential massive crash like happened to EOS.
Polkadot is known as the Ethereum Killer and although started trading in 2020, quickly reached a market capitalization of $4 billion. This blockchain protocol offers a high throughput and low-cost transactions, but what does make DOT different than any of the other Ethereum competitors like EOS?
EOS is a platform that was designed to allow developers to build decentralized applications on it. The digital asset had an amazing start reaching a market capitalization of $17 billion in April 2018. Nevertheless, shortly after, its price plummeted down to $1.8 from the $21 all-time high and never managed to recover.
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