Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => Polkadot Forum => Topic started by: Malam90 on January 19, 2021, 10:25:28 AM
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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 (https://www.fxstreet.com/cryptocurrencies/news/chinese-investors-are-growingly-concerned-that-polkadot-fails-amid-eos-like-fraudulent-activity-202101181604)
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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.
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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. :)