A Popular Analyst Predicts Polkadot (DOT) Price to Hit $300 Very Soon!

[LeziT]

Polkadot price manifested bull ride vibes a couple of days before indicating a possible initiation of a Polkadot Season. The bull run escorted the asset to enter the top 5 cryptocurrencies including Cardano.

Despite both lost their positions, DOT successfully regained the lost position and currently is the fourth largest cryptocurrency according to market capitalization.

The Polkadot ecosystem is anticipated as the upcoming blockchain platform addressing the issues of the current trending ethereum ecosystem. And hence, many projects are scheduled to be released in 2021 which may rally the DOT price to the next level.

However, the projects currently working on the Polkadot ecosystem like Kusama(KSM), Polkastarter(POLS), Polkacover(CVR), Polkabridge(PVR), etc are performing exceptionally with a notable surge.

As mentioned by a popular analyst, Lark Davis, the Polka-based projects are currently undervalued and they will be the biggest moneymakers of 2021. Moreover, the analysts raised his DOT price prediction from $100 to $300.

I was wrong about Polka $dot… I used to think $100 was a reasonable target for this bull run. That is not the case. I now think $300 is much more likely.

— Lark Davis (@TheCryptoLark) February 19, 2021
DOT price Flys High!
The DOT price was trending in a narrow ascending channel for a couple of days, which compelled the price to remain below $35. However, the price broke the ascending channel and surged high to smash new ATH in the early trading hours.

ADA price
The DOT price at the time of writing is on the verge to test the levels around the ATH yet again, within a very short timeframe. This indicates the strong bullish momentum the asset holds and also manifest the impassive run to form new higher levels.

Currently, the DOT price is $38.23 with a jump of 16.27% in the past 24 hours, just 1.03% lagging behind the ATH at $38.49. The bull run seems to break the $40 mark very soon forming a couple of ATH in the same working day and hence flying high in the coming days.

On the contrary, the RSI levels are already entered the overbought area above 80 levels and hence a slight pullback cannot be ruled out. Yet the Polkadot price is expected to rebound within a small timeframe and hit the target set at $100.

A Popular Analyst Predicts Polkadot (DOT) Price to Hit $300 Very Soon!
https://cryptonews.net/473043/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

[Malam90]

$300 is a mere dream within the short time. $100 is very possible if this bull run continues more. I will be satisfied $100 within 2021. $100 is a psychological win of the DOT investors i think but in the long run it can hit $300, we have to wait at least 1 year or more.

[Lutera94]

Nice analysis & i am really confident that polkadot price will be hit at least 100$ in this year. Till now polkadot didn’t fully starting Their project. So i am waiting for polkadot new update then it will be flying.

[Criminal]

Polkadot price manifested bull ride vibes a couple of days before indicating a possible initiation of a Polkadot Season. The bull run escorted the asset to enter the top 5 cryptocurrencies including Cardano.

Despite both lost their positions, DOT successfully regained the lost position and currently is the fourth largest cryptocurrency according to market capitalization.

The Polkadot ecosystem is anticipated as the upcoming blockchain platform addressing the issues of the current trending ethereum ecosystem. And hence, many projects are scheduled to be released in 2021 which may rally the DOT price to the next level.

However, the projects currently working on the Polkadot ecosystem like Kusama(KSM), Polkastarter(POLS), Polkacover(CVR), Polkabridge(PVR), etc are performing exceptionally with a notable surge.

As mentioned by a popular analyst, Lark Davis, the Polka-based projects are currently undervalued and they will be the biggest moneymakers of 2021. Moreover, the analysts raised his DOT price prediction from $100 to $300.

I was wrong about Polka $dot… I used to think $100 was a reasonable target for this bull run. That is not the case. I now think $300 is much more likely.

— Lark Davis (@TheCryptoLark) February 19, 2021
DOT price Flys High!
The DOT price was trending in a narrow ascending channel for a couple of days, which compelled the price to remain below $35. However, the price broke the ascending channel and surged high to smash new ATH in the early trading hours.

ADA price
The DOT price at the time of writing is on the verge to test the levels around the ATH yet again, within a very short timeframe. This indicates the strong bullish momentum the asset holds and also manifest the impassive run to form new higher levels.

Currently, the DOT price is $38.23 with a jump of 16.27% in the past 24 hours, just 1.03% lagging behind the ATH at $38.49. The bull run seems to break the $40 mark very soon forming a couple of ATH in the same working day and hence flying high in the coming days.

On the contrary, the RSI levels are already entered the overbought area above 80 levels and hence a slight pullback cannot be ruled out. Yet the Polkadot price is expected to rebound within a small timeframe and hit the target set at $100.

A Popular Analyst Predicts Polkadot (DOT) Price to Hit $300 Very Soon!
https://cryptonews.net/473043/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared

For now, we expect the Palka dot token to touch one hundred dollars. Because touching three hundred dollars is a matter of time. Currently the value of most coins in cryptocurrency is upward So now if the polka dot token can touch a hundred dollars, its value will increase further in the future Hopefully the price of Polka Dot will touch $300 soon.

[LeVi]

gavin wood , co-founder of Ethereum and creator of Polkadot. is a big deal , thats why polkadot is popular , he gained the trust of many people .

[wxxyrqa]

gavin wood , co-founder of Ethereum and creator of Polkadot. is a big deal , thats why polkadot is popular , he gained the trust of many people .

I think with all this news, it's safe to say that DOT has great promise for the future. It is this moment that must be used for profitable investments in this project. I believe that after a while, many cryptocurrency users will bite their elbows and regret that they made the wrong choice now.

[pealr12]

$300 is a mere dream within the short time. $100 is very possible if this bull run continues more. I will be satisfied $100 within 2021. $100 is a psychological win of the DOT investors i think but in the long run it can hit $300, we have to wait at least 1 year or more.

Take bnb as a case study my friend,  in crypto 1 year achievement can happen under 1 weeks one's we are in the right season,  bnb pumped from $50 to $340 within few days which left everyone speechless,  then talk about dot with high expectations and capabilities,  I do agree with the writer, even though this are mere speculations but judging from the calibre of Polkadot, it could just be a reality that will happen within the shortest possible time.

[Kitaiev]

$ 300 is too high a price for a coin for the next year. But if we keep the coin for a long time, then it is quite possible to see such a price in the future. Coins have a great future! Buying now at such a high price will not be a mistake if we aim to hold the coin for a long time.

[Malam90]

I am locking this thread to avoid discussion price which tends to price speculation. This section isn't allowed to discuss price speculations.