Why Polkadot Is The Hottest Crypto In China

[Goldlife]

It’s not a secret that in China, Polkadot resembles a newer, better EOS, the public blockchain that swept the Chinese crypto ecosystem in 2018.

Both projects have inspiring foreign—in particular Caucasian leaders—who frequent China’s blockchain conferences and cocktail parties. (I don't want to sound racist but the fact that they are white plays a huge role. Some Chinese ponzi scams have actually hired white actors during their roadshows to fool retail buyers.)

EOS and Polkadot are backed by Chinese capitalists, who spread the Ethereum-killer narrative whenever they can on crypto Wechat. These capitalists, especially exchanges such as Binance, Huobi, and MXC, come with a war chest of funds to lure entrepreneurs to the Polkadot ecosystem. Both projects have attracted strong interest from Chinese retailers but somehow are far lesser-known abroad.

Despite the two projects’ perceived similarities, Polkadot has developed its own narrative and community. This week’s da bing examines the rise of Polkadot and how that reflects the state of crypto in China.

More info: https://decrypt.co/55163/polkadot-china-hottest-crypto?amp=1

[Criminal]

 Polka dot token is one of the best coins in cryptocurrency. Most of the information you have shared about this coin is accurate.Currently a record number of people are investing in this polka dot platform. Anytime in the future this token's Its price can suddenly be a lot of pumping. numbers of people are saying that polkadot is going in Ethereum future.

[Tnoy30]

Polkadot has gained a lot of popularity in just a few days. No one has ever been able to beat him for this. So dot is one of the most popular coins. In the beginning the price was much lower. But as the team has been very hardworking and dedicated, there has been a huge increase in investment and trade. Which is much more profitable for every trader.