As what you said lot of updates will come for Polkadot in quarter 2 and quarter 3. Maybe we should expect great things to come before the update occur. There is a prediction that polkadot is potential to reach $100. For me that wasn't impossible because polkadot is not declining but on the move to hit another level of ath.Exactly, many update left of Polkadot project & Parachain is one of them. When parachain launched, its didn’t clear right now. But i hope in this quarter parachain Will be launched. After this polkadot will be boom. Note this one More point, that is polkadot didn’t list in coinbase too.
Polkadot lacks hives like BNB because Polkadot does not have activeness on their social media like Twitter.This is may be your concern but polkadot didn’t fully updated. That's why polkadot price didn’t moving fast .activities in social media is so important to grow up a project, i think team will be More active in social media when its needed.
We can compare the CEO from Binance who always creates tweets about BNB and the price of BNB goes up so fast.
Polkadot is not very active on Twitter, so the results are not as exciting as BNB.
It will fly like BNB, just wait for the time. I think it won't be a long time, we will see the big pump in DOT. Who knows if the price of DOT will be around $80 or more in this season. I won't be so surprised if the price of DOT to be pumped very significant because many people support the DOT to the next Ethereum.Now Binance Smart Chain hype is ongoing. More promotion and activeness of Binance social medias and utility of BNB is playing the most important role but hence still Polkadot utility not started yet. It's still on development stage. From the start of Q3, Polkadot hype will start from my personal view, and surely it will go up and up.
BNB and DOT both are good but at present BNB is more valuable than DOT. Because now BNB's price is rising a lot. And it’s transaction fee is still lower than ETH and it’s transaction speed is so good. On the other hand DOT also trying to improve their platform. I hope DOT's price will pump highly like BNB in near future.I am also thinking too. Crypto marketcap now Over 2T$ & it will be increasing day by day, as a result polkadot future will be bright if crypto going to well. Now i am waiting for big announcement from polkadot. Let's see, i feel polkadot still undervalued.
BNB and DOT both are good but at present BNB is more valuable than DOT. Because now BNB's price is rising a lot. And it’s transaction fee is still lower than ETH and it’s transaction speed is so good. On the other hand DOT also trying to improve their platform. I hope DOT's price will pump highly like BNB in near future.I am also thinking too. Crypto marketcap now Over 2T$ & it will be increasing day by day, as a result polkadot future will be bright if crypto going to well. Now i am waiting for big announcement from polkadot. Let's see, i feel polkadot still undervalued.
We are all know that BNB price raising too much & they have own blockchain platform, which is Binance smart chain (BSC). Lots of new project interested to add with BSC because of low fee than ETH. And most important think is BNB is a totally complete project but polkadot till lot of work left. Latest update coming of Polkadot in Q2 & Q3. When polkadot completely updated then polkadot Will be pump like BNB.
Bnb took a lot of traffic from ETh also it has a lot of use cases like launchpad staking pools and binance itself fee reduction also worth mentioning is the regular burn od tokens decreasing overall supplyYes, its true that BNB set a good platform to grow & take advantage from eth . As a result BNB flying. I can see right now eth gas fee is not much & eth return like a bang. I think polkadot will be pumping more, just waiting.
BNB is established coin in the crypto currency market. It has own block chain, Binance smart chain. Many projects have been added with this block chain due to its low transection fees. So BNB is being popular day by day. On the other hand polkadot also popular coin and it is growing day by day but for some special facilities like BSC it is growing rapidly.Yes, this is the main point. BNB is totally complete project, they have own blockchain and recently maximum new project are trying add under bnb blockchain. But polkadot didn’t complete their work, i hope after this year polkadot Will be complete their job. Lets see
We are all know that BNB price raising too much & they have own blockchain platform, which is Binance smart chain (BSC). Lots of new project interested to add with BSC because of low fee than ETH. And most important think is BNB is a totally complete project but polkadot till lot of work left. Latest update coming of Polkadot in Q2 & Q3. When polkadot completely updated then polkadot Will be pump like BNB.
Polkadot does not have a Hive like BNB because this BNB is very strong in having a reserve fund from the Binance Exchange.
Changpeng Zhao is also very active on Twitter so creating FOMO for his BNB is also going fast and I like BNB because I also trade on Binance Exchange every day.
I think we shouldn't compare BNB and DOT.The truth is easy to see: BNB is a token supported by Binance, it is easily accessible to millions of Binance users. BNB is also the native token of BSC (or BNB chain at present), the demand for use is huge because the BNB chain ecosystem is really large and vibrant.
We all know BNB is binance coin.
Binance is the biggest exchange and has the big team behind their project.
We talk about the reality, polkadot is potential coins,but not as popular as BNB.
But time will tell.
What will happen with polkadot at the coming future.
Let's see.
BNB is established coin in the crypto currency market. It has own block chain, Binance smart chain. Many projects have been added with this block chain due to its low transection fees. So BNB is being popular day by day. On the other hand polkadot also popular coin and it is growing day by day but for some special facilities like BSC it is growing rapidly.
The truth is easy to see: BNB is a token supported by Binance, it is easily accessible to millions of Binance users. BNB is also the native token of BSC (or BNB chain at present), the demand for use is huge because the BNB chain ecosystem is really large and vibrant.I believe the strong recovery of BNB token price is due to the recent Launchpools & Binance Web-3 Wallet campaigns, which have increased user demand to buy and hold BNB. At the same time, Binance's return after resolving legal troubles with the DOJ has also given investors more confidence in Binance's future. As they use Binance and the BNB chain more, the value of the BNB token will be supported, driving up the price in the market.
Meanwhile, DOT is just a native token of Polkadot, a layer-0 network that has not yet been put into effective operation, and has no need for any use other than auctioning for parachain slots. This makes the price of DOT unable to fluctuate as strongly as BNB, but this is also a good sign because the growth potential of DOT in the next uptrend is huge 8)
BNB and DOT do have very clear differences. The development of BNB is increasing because BNB has the support of the Binance exchange, giving them the opportunity to always use BNB at every event they have and ultimately making the price of BNB very expensive as it is now.Polkadot does not have a Hive like BNB because this BNB is very strong in having a reserve fund from the Binance Exchange.
Changpeng Zhao is also very active on Twitter so creating FOMO for his BNB is also going fast and I like BNB because I also trade on Binance Exchange every day.
I think we shouldn't compare BNB and DOT.
We all know BNB is binance coin.
Binance is the biggest exchange and has the big team behind their project.
We talk about the reality, polkadot is potential coins,but not as popular as BNB.
But time will tell.
What will happen with polkadot at the coming future.
Let's see.
Polkadot lacks hives like BNB because Polkadot does not have activeness on their social media like Twitter.In fact, this is the basis for Polkadot to be more active in promotion in order to gain a place in the crypto community in the future. If they don't do branding, how will novice crypto lovers know the advantages of Polkadot? To be honest, I'm not very excited about Polkadot, I'm afraid it won't be able to provide benefits like other coins.
We can compare the CEO from Binance who always creates tweets about BNB and the price of BNB goes up so fast.
Polkadot is not very active on Twitter, so the results are not as exciting as BNB.
Polkadot does not have a Hive like BNB because this BNB is very strong in having a reserve fund from the Binance Exchange.
Changpeng Zhao is also very active on Twitter so creating FOMO for his BNB is also going fast and I like BNB because I also trade on Binance Exchange every day.
I think we shouldn't compare BNB and DOT.
We all know BNB is binance coin.
Binance is the biggest exchange and has the big team behind their project.
We talk about the reality, polkadot is potential coins,but not as popular as BNB.
But time will tell.
What will happen with polkadot at the coming future.
Let's see.
It's true that every coin has its own way of attracting the attention of its users, in my opinion,I don't know what kind of relationship could help Polkadot regain its former popularity from the bullrun 2021. We used to talk about parachain auctions or the potential of Web3, but the crypto winter has rendered those narratives meaningless.
polkadot was also at the start of the list, highly sought after by crypto lovers and was left behind when the polkadot fomo faded
if polkadot has a collaboration with a new crypto there is a possibility that it will also have more value than now
I don't know what kind of relationship could help Polkadot regain its former popularity from the bullrun 2021. We used to talk about parachain auctions or the potential of Web3, but the crypto winter has rendered those narratives meaningless. I still love Polkadot, but I'm really not happy with how Polkadot is marketed to the crypto community. The weak marketing has caused the DOT token to lose its competitiveness against other Layer-0 tokens such as ATOM, ONE and AVAX.
I used to make some money with DOT back on the time when I bought some when the price was lower and it made some significant gains...but right now it seems to be lacking the excitement compared to its peers. There must be some things that people behind DOT must do and explore to make it more palatable again...and so far nobody can sure what would be the steps they should be taking. Still, I know the potential of DOT myself and I am still supporting it but we need to inject more energy on it to make it so competitive again.It's unfortunate that DOT price just retested the $3.6 bottom as the market panics over fears of an impending decession. This is truly disappointing and has angered many investors who are suffering significant temporary losses due to their trust in Polkadot and the Web3 Foundation. The efforts of the Polkadot team have been insufficient to make DOT more attractive to investors and worthy of a slot in their portfolios.
It's unfortunate that DOT price just retested the $3.6 bottom as the market panics over fears of an impending recession.
This is truly disappointing and has angered many investors who are suffering significant temporary losses due to their trust in Polkadot and the Web3 Foundation. The efforts of the Polkadot team have been insufficient to make DOT more attractive to investors and worthy of a slot in their portfolios.
Haha.. Seems like I've missed this topic.. anyway the answer to the title is because BNB is BnB and DOT is DOT haha, a serious answer is BNB was and is backed by the BNB chain which is way more developed in terms of ecosystem, and DApps compared to DOT. At the same there's heavy marketing by Binance Labs for BNB at the same time DOT's marketing is RIP.BNB is supported by binance exchange which is the biggest exchange, so there is no doubt that BNB is a good coin and very popular. While polkadot does not experience development from its team, this makes polkadot start to be abandoned by its fans.
Looking at my opinion why Polkadot doesn't fly like BNb is because Polkadot doesn't have a centralized Exchange, while BNB has an exchange like Binance which has been widely used by all investors and has been downloaded on the Playstore by hundreds of thousands of people. Basically, the use of BNB coins is widely used than Polkadot coins which only rely on the network.You are right, BNB is always supported by Binance as the largest exchange that always has a way to maintain and support BNB. While polkadot does not have a strategy like binance, but I am sure that over time the DOT team will also have an exchange, we will see in the future.
You are right, BNB is always supported by Binance as the largest exchange that always has a way to maintain and support BNB. While polkadot does not have a strategy like binance, but I am sure that over time the DOT team will also have an exchange, we will see in the future.I'm not sure about the Web3 Foundation introducing its own CEX to support DOT token. Building a CEX isn't the job of a blockchain project, instead, a CEX can build its own blockchain based on existing technologies. For example, Binance has BNB chain, OKX has OKchain, Huobi has Hecochain, and Coinbase has Base.
As far as I know, creating an Exchange is quite difficult because it can be seen from the security factor, regulations, user friendly and various licenses that must be taken from the rules of the country where the exchange operates. If Poldaot is able to create an exchange then Polkadot certainly has everything I have mentioned but I have noticed that until now for updates from Polkadot there is no high hype.Looking at my opinion why Polkadot doesn't fly like BNb is because Polkadot doesn't have a centralized Exchange, while BNB has an exchange like Binance which has been widely used by all investors and has been downloaded on the Playstore by hundreds of thousands of people. Basically, the use of BNB coins is widely used than Polkadot coins which only rely on the network.You are right, BNB is always supported by Binance as the largest exchange that always has a way to maintain and support BNB. While polkadot does not have a strategy like binance, but I am sure that over time the DOT team will also have an exchange, we will see in the future.
It's true that every coin has its own way of attracting the attention of its users, in my opinion,I don't know what kind of relationship could help Polkadot regain its former popularity from the bullrun 2021. We used to talk about parachain auctions or the potential of Web3, but the crypto winter has rendered those narratives meaningless.
polkadot was also at the start of the list, highly sought after by crypto lovers and was left behind when the polkadot fomo faded
if polkadot has a collaboration with a new crypto there is a possibility that it will also have more value than now
I still love Polkadot, but I'm really not happy with how Polkadot is marketed to the crypto community. The weak marketing has caused the DOT token to lose its competitiveness against other Layer-0 tokens such as ATOM, ONE and AVAX.
As far as I know, BNB has its own exchange, namely Binance Exchange. The use of BNB coins on the Binance exchange also greatly affects the increase in the price of BNB, for example: BNB is used for transaction fees for buying and selling trades, BNB is used for Launchpool or Launchpad. While Polkadot coins do not have an Exchange and I think Polkadot's weak point is in that part which is very different from BNB.As you said, BNB's future and success are guaranteed by the extremely large Binance ecosystem, while Polkadot is only supported by Web3 and crosschain trends. When each ecosystem in the market is still facing difficulties, the demand for crosschain interaction will not be large enough and Polkadot will be forgotten.
If you have polkadot in your wallet, you should still hold mate. because it is likely that next year the price of DOT will increase.It's true that every coin has its own way of attracting the attention of its users, in my opinion,I don't know what kind of relationship could help Polkadot regain its former popularity from the bullrun 2021. We used to talk about parachain auctions or the potential of Web3, but the crypto winter has rendered those narratives meaningless.
polkadot was also at the start of the list, highly sought after by crypto lovers and was left behind when the polkadot fomo faded
if polkadot has a collaboration with a new crypto there is a possibility that it will also have more value than now
I still love Polkadot, but I'm really not happy with how Polkadot is marketed to the crypto community. The weak marketing has caused the DOT token to lose its competitiveness against other Layer-0 tokens such as ATOM, ONE and AVAX.
What can we do as DOT owners, we want to hope for more but the devs have no enthusiasm to increase the price, if we have to let go I think it's quite a shame, holding on is the main key here until there is a miracle like DOGE which can touch a new ATH with just one tweet from Elon
We are all know that BNB price raising too much & they have own blockchain platform, which is Binance smart chain (BSC). Lots of new project interested to add with BSC because of low fee than ETH. And most important think is BNB is a totally complete project but polkadot till lot of work left. Latest update coming of Polkadot in Q2 & Q3. When polkadot completely updated then polkadot Will be pump like BNB.Competition in crypto is very tight, whoever provides the best service will be chosen by the community. The more people who choose, the more market demand will increase and the price will rise. If you compare BNB and Polkadot, of course I will choose BNB too. Because clearly the future potential of BNB is better than Polkadot.