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Author Topic: Chinese investors are growingly concerned that Polkadot fails amid EOS.  (Read 911 times)

Offline Malam90

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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. News Source

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Offline pealr12

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Re: Chinese investors are growingly concerned that Polkadot fails amid EOS.
« Reply #1 on: January 20, 2021, 07:36:06 PM »
I will have to disagree with that, I wonder why they would even dare compare dot with that crap eos, they nothing alike and won't experience the faith, polkadot is a solid project with useful utility, not eos that has nothing to prove.

Offline Malam90

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Re: Chinese investors are growingly concerned that Polkadot fails amid EOS.
« Reply #2 on: January 21, 2021, 06:40:22 AM »
I will have to disagree with that, I wonder why they would even dare compare dot with that crap eos, they nothing alike and won't experience the faith, polkadot is a solid project with useful utility, not eos that has nothing to prove.
EOS is already a proved coin to the Chinese users and DOT is working to prove itself. EOS haven't able to meet the demands of the Chinese investors  so they are finding a solid project. Hence DOT is their best choice and also my better choice of the two. I have fade up with EOS project so far and i think it failed to meet me satisfied. So like Chinese i am moving from EOS to DOT.  :)

 

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