Your expectations for Polkadot in 2024

[MrSpasybo]

2023 has passed, the crypto market has had a strong recovery that can be seen in the price increase of BTC, TRB, INJ, SOL, AVAX, while DOT token has not really made much impression on investors. investment due to the stagnation of price lines. However, the Polkadot project continues to develop and has many new updates.

The Polkadot ecosystem experienced remarkable growth in 2023, with significant expansion in the number of parachains, developers, and monthly active users. The Web3 Music Summit and the Polkadot Blockchain Academy further solidified Polkadot's position as a leading blockchain platform.

Polkadot's commitment to decentralization was evident in 2023, with the Nakamoto coefficient ranking second among proof-of-stake protocols. The Web3 Foundation's launch of the Decentralised Futures fund further underscored its dedication to fostering a decentralized ecosystem.

These achievements demonstrate Polkadot's potential to revolutionize the blockchain industry and pave the way for a more interconnected and interoperable web^[1].

I am an advocate of blockchain technology and believe that cross-chain is blockchain's future, similar to how the economy operates in a flat world. Polkadot will be one of the most important hubs of blockchain technology and DOT token will receive the full value it deserves.

BTC Halving is coming, I believe that 2025 will still be a hot year for crypto similar to 2013 - 2017 - 2021, for DOT to stand out among thousands of other potential tokens, Polkadot needs to return to the Layer-0 race spectacularly. Only a successful 2024 for Polkadot will create a booming 2025 for DOT token!

Up to now, we have not tested the Polkadot network in cross-chain feature, everything we say about Polkadot is just theory and vision. I want to see Polkadot truly operate effectively in 2024, crypto assets can move seamlessly between parachains, dangerous bugs will be found and resolved to protect users. The development of Kusama and parachains is also important. Along with that, the marketing strategy on price chart will not be forgotten by Web3 Foundation. I hope DOT will return to Fibo 0.618 ~ $20 or better yet create a new peak > $55, which is a necessary condition for investors to pay attention and look to DOT in the uptrend.

Are you a fan of Polkadot? What do you expect from Polkadot's development and DOT token price movements in 2024?
[1] Polkadot 2023 Roundup

[KryptoBull]

BTC Halving is coming, I believe that 2025 will still be a hot year for crypto similar to 2013 - 2017 - 2021, for DOT to stand out among thousands of other potential tokens, Polkadot needs to return to the Layer-0 race spectacularly. Only a successful 2024 for Polkadot will create a booming 2025 for DOT token!

2023 is already the year of BTC and SOL, not the year of DOT. The important developments of the Polkadot ecosystem have not "permeated" DOT token price, but it will become a driving force in price growth in the future.
2024 is the year of halving, and opportunities will be divided equally among all projects, especially important blockchains like Polkadot in the crosschain field. I am even more optimistic and think that DOT will make a new ATH as soon as 2024 thanks to the DeFi summer and the growth of parachains.
We can monitor the recovery of KSM token to predict DOT token price movements because Kusama is a test version of Polkadot.

[MUGNIA]

I'm not a fan of polkadot but I will follow the development of this token, where in the previous halving it had the potential to be better but the development I think is quite slow so it hasn't reached the peak, btc has gone down, and made polkadot stop, in 2024 this is not the year of the dot it seems because there has been no significant increase in sales volume,

[PX-Z]

I invested DOT way back 2022, after seeing the statistics it has now if i continue holding it, it was 124% down lmao. So i expect nothing about it even on the previous year. My investment on ETH on the other hand grows +40% which is not bad, but bitcoin from 25k last year should profit at least 65%.

[MrSpasybo]

2023 is already the year of BTC and SOL, not the year of DOT. The important developments of the Polkadot ecosystem have not "permeated" DOT token price, but it will become a driving force in price growth in the future.
2024 is the year of halving, and opportunities will be divided equally among all projects, especially important blockchains like Polkadot in the crosschain field. I am even more optimistic and think that DOT will make a new ATH as soon as 2024 thanks to the DeFi summer and the growth of parachains.
We can monitor the recovery of KSM token to predict DOT token price movements because Kusama is a test version of Polkadot.

I also hope that DOT will not disappoint its fans and investors. The project is developing very well but the growth of DOT price is also important for holders.

I'm not a fan of polkadot but I will follow the development of this token, where in the previous halving it had the potential to be better but the development I think is quite slow so it hasn't reached the peak, btc has gone down, and made polkadot stop, in 2024 this is not the year of the dot it seems because there has been no significant increase in sales volume,

I think DOT is like a compressed spring, the tighter it is compressed, the greater its strength will be, similar to ADA in the crypto winter 2019. The demand for crosschain is real, so DOT will definitelycomeback race again in the next Halving!

I invested DOT way back 2022, after seeing the statistics it has now if i continue holding it, it was 124% down lmao. So i expect nothing about it even on the previous year. My investment on ETH on the other hand grows +40% which is not bad, but bitcoin from 25k last year should profit at least 65%.

I am the same as you, when DOT price continued to be at the bottom, ETH and BTC recovered very well and brought profits to other investors. The money flow in this market is limited and flows from an ecosystem to another, then it will be DOT's turn ⏳

[therozaq]

I invested DOT way back 2022, after seeing the statistics it has now if i continue holding it, it was 124% down lmao. So i expect nothing about it even on the previous year. My investment on ETH on the other hand grows +40% which is not bad, but bitcoin from 25k last year should profit at least 65%.

If still have polkadot, better to hold until next year mate.
I also polkadot holder, buy at beginning 2022.
For now , I want to buy more.
But I didn't free money.
Maybe by join this bounty, I can gain rewards, and will buy polkadot.
I think DOT price will rise during bullish next year.

[MrSpasybo]

If still have polkadot, better to hold until next year mate.
I also polkadot holder, buy at beginning 2022.
For now , I want to buy more.
But I didn't free money.
Maybe by join this bounty, I can gain rewards, and will buy polkadot.
I think DOT price will rise during bullish next year.

The crypto market has been volatile in recent months but the DOT price chart remains in accumulation. However, Polkadot is a strong project with a lot of potential and it is possible that the DOT price will increase significantly in the future. For some reason, I also always believe in a DOT boom in the coming cycle. DCA and keep DOT strongly 💪💪💪

[jonathancool220]

There is nothing to expect from the Polkadot coin because I see that this Polkadot coin is so very detailed in developing coins.
It can be seen from the manufacture of Polkadot  coins, wallets, dex and various other security that are able to create the solidarity of Polkadot  coins until now in the market.
Maybe what I hope for Polkadot  coins is to create as many quality tokens as possible in the Polkadot  coin blockchain so that more use of the main Polkadot  coin, the more creating quality tokens, the more rising prices from Polkadot coins.

[MrSpasybo]

There is nothing to expect from the Polkadot coin because I see that this Polkadot coin is so very detailed in developing coins.
It can be seen from the manufacture of Polkadot  coins, wallets, dex and various other security that are able to create the solidarity of Polkadot  coins until now in the market.
Maybe what I hope for Polkadot  coins is to create as many quality tokens as possible in the Polkadot  coin blockchain so that more use of the main Polkadot  coin, the more creating quality tokens, the more rising prices from Polkadot coins.

Yeah, the more the ecosystem grows, the more Parachains and cross-chain transactions on Polkadot, the more valuable the DOT token becomes. According to https://polkaproject.com/, we currently have 582 projects on Polkkadot - a huge ecosystem, this will be the main driving force for DOT price chart to recover and grow in 2024.

Do you expect or wait for a specific price for DOT token in 2024 & 2025?

[jonathancool220]

- According to https://polkaproject.com/, we currently have 582 projects on Polkkadot -

Do you expect or wait for a specific price for DOT token in 2024 & 2025?

Wuow, I just found out that there is a website like Polkaproject.com which provides a lot of information about Polkadot coins.
Looks like I have to save it in the bookmark so that I can check it on another time and will not miss information about Polkadot coins.

There is no hope for polkadot coins because I don't have a Polkadot coin at this time.
Maybe another time when I trade with a polka -dot coin might definitely hope that the polka -dot coin that I hope can rise more than 10x.

[MrSpasybo]

Wuow, I just found out that there is a website like Polkaproject.com which provides a lot of information about Polkadot coins.
Looks like I have to save it in the bookmark so that I can check it on another time and will not miss information about Polkadot coins.

There is no hope for polkadot coins because I don't have a Polkadot coin at this time.
Maybe another time when I trade with a polka -dot coin might definitely hope that the polka -dot coin that I hope can rise more than 10x.

I believe in the cross-chain trend so DOT is the token that I followed during the crypto winter and will definitely be in my portfolio in the next bullrun. Of course I hope that DOT price will increase. The development of projects in Polkadot ecosystem is a necessary condition and a good marketing strategy from Web3 Foundation is a sufficient condition for that to happen 🚀🚀🚀

[jonathancool220]

- marketing strategy from Web3 Foundation is a sufficient condition for that to happen .

It could be like that and it can also be different from the changes in the polka -dot coin plan because in fact humans are creatures who always change thoughts.
But are you sure the web3 foundation that is reflected by this polka -dot coin will have a positive impact in the bull run?

I don't know exactly what web3 is?
I just heard that there was cooperation between Polkadot and Web3 coins.
Can you explain in detail about the web3 that is in the Polkadot coin network?

[MrSpasybo]

- marketing strategy from Web3 Foundation is a sufficient condition for that to happen .

It could be like that and it can also be different from the changes in the polka -dot coin plan because in fact humans are creatures who always change thoughts.
But are you sure the web3 foundation that is reflected by this polka -dot coin will have a positive impact in the bull run?

I don't know exactly what web3 is?
I just heard that there was cooperation between Polkadot and Web3 coins.
Can you explain in detail about the web3 that is in the Polkadot coin network?

Web 3.0 describes the next evolution of the World Wide Web, the user interface that provides access to documents, applications and multimedia on the internet.

Web 3.0 is still being developed, so there isn't a universally accepted definition. Even the proper spelling isn't nailed down, with analyst firms like Forrester, Gartner and IDC toggling between "Web3" and "Web 3.0."

What is clear, though, is that Web 3.0 will place a strong emphasis on decentralized applications and probably make extensive use of blockchain-based technologies. It will also use machine learning and AI to empower a more intelligent and adaptive web^[1].

You can learn more about Web3, to put it simply: Web3 = connect your wallet ^^

Polkadot provides a platform for many blockchains to interact with each other, and many projects developed right on Polkadot also aim to build Web3 utilities for users. Additionally, Polkadot is led by the Web3 Foundation, making Polkadot considered a giant in Web3 trend.

I believe in the future of Web3, so I also put my hope in Polkadot and DOT token.

[1] What is Web 3.0 (Web3)? Definition, guide and history

[Gurujebs]

I invested DOT way back 2022, after seeing the statistics it has now if i continue holding it, it was 124% down lmao. So i expect nothing about it even on the previous year. My investment on ETH on the other hand grows +40% which is not bad, but bitcoin from 25k last year should profit at least 65%.

I fear that Polkadot has been left by some whale and has moved to more coins that has more to deliver in term of project quality and what it can do for people. If you look at the chart, from the previous all time high to when the price crash to lowest of 2022, it has been finding it difficult to recover. Even some project that are not that valuable to people has recovered and has done 100% plus but Polkadot has only done little move.


I don't think it's worth anyone attention to invest large amount of money because from the beginning, Polkadot was created by the formal developers of Ethereum and because of the selfish interest, it didn't go well the way he expected Polkadot to get the attention of people. It's good to put some few money but as I said, don't put much on this project even for long term sake.

[jonathancool220]

You can learn more about Web3, to put it simply: Web3 = connect your wallet ^^
[1] What is Web 3.0 (Web3)? Definition, guide and history

Is thisweb3 like this with the appearance of the Facebook website and can connect wallet?
Then the Polkadot coin adopts his website or platform to be like an ordinary website and then can be connected to our wallet?

Looks like I have problems and doubts with this web3.
In the past when booming the ERC20 wallet using a wallet from Myetherewallet that was connected to the website.
But this myetherwallet is very vulnerable to the Pishing website. This is that makes everyone lose money on myetherwallet.
Now the platform of the Yaiutu Web3 Polkadot coin appears again which is planned to be connected to various wallets, whether web3 from this polka -dot coin will protect from various pishing web threats ??