Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Jaya60 on June 13, 2021, 05:08:31 AM
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A bad market day has sent the price of top altcoins reeling. Other losses in the top 20 cryptocurrencies by market capitalization were less severe, but no less pronounced. Polygon (MATIC), fell 10% to trade at $1.2. Bad news for the Mark Cuban-backed Indian crypto startup, which has been working to scale faster than Ethereum.Finally, the prices of Chainlink and Polkadot both dropped by 9% in the last 24 hours. Chainlink currently trades at $21.05 while Polkadot is at $20.59. Yesterday’s news that Polkadot plans to build ‘cross-chain bridges’ for greater interoperability between blockchains has done little to curb today’s downturn.source (https://decrypt.co/73442/polygon-polkadot-and-icp-fall-10-as-altcoins-take-a-price-hit)
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-10% of this Polkadot is really very minimal because this Polkadot really really gives something very good and in my opinion -10% is still very normal because Ethereum and Bitcoin have experienced a decline of up to 500% from All Time High.
So are we afraid that Polkadot will become Dead Coin?
No, Polakdot will not be a Dead Coin because Polkadot has a lot of ecosystems like Solana, BSC and Ethereum.
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This Polkadot has full support from various factors so that to create price increases, ecosystems or investor confidence it is very easy because behind this Polkadot #DevelopmentTeam are teams from Ethereum.
It is appropriate that this Polka-dot can spin beautifully in the cryptocurrency space because this Polka-dot has an innovation that was not previously owned by other coins that have been born.