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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.
(https://www.tradingview.com/x/Q7oUUW4m/)
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 (https://medium.com/polkadot-network/polkadot-2023-roundup-7fe77d88f022)
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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.
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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,
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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%.
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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 ⏳
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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.
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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 💪💪💪
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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.
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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?
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- 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. ;D
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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. ;D
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 🚀🚀🚀
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- 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?
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- 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 (https://www.techtarget.com/whatis/definition/Web-30)
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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%.
(https://i.ibb.co/XzynYd1/IMG-8985.jpg)
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.
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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 (https://www.techtarget.com/whatis/definition/Web-30)
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 ??
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Polkadot Coin's current market value is above $6. This coin regained its health in the year 2024. I think this coin will reach $20 within this year. As a result, the crypto market will be able to improve significantly. However, by 2023 its value was above $10. Therefore, it is expected that this number will exceed $20 in 2024 or may go above.
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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.
Polkadot's potential is huge but the recovery of DOT token price is disappointing many investors. Anyway, DOT is just one of many top altcoins, I think it will be safer to invest in BTC and ETH during the market recovery period. Currently, Sonic-R shows that DOT has broken out of the downtrend and is retesting the support zones, I expect the DOT token price will not fall below $5.5.
(https://www.tradingview.com/x/oyAE1553/)
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.
We haven't really experienced the full features on Web3 yet, so I think we need to wait more. I have not yet imagined how I will interact with Web3 platforms in the future. At this time, I only connect my wallet to swap and play games.
Polkadot Coin's current market value is above $6. This coin regained its health in the year 2024. I think this coin will reach $20 within this year. As a result, the crypto market will be able to improve significantly. However, by 2023 its value was above $10. Therefore, it is expected that this number will exceed $20 in 2024 or may go above.
I am also waiting for DOT token price to return to Fibo 0.618 ~ $20 in 2024, preferably in Q2 right after Halving to participate in the strong growth of the whole market right after BTC price increases and confirms that a new cycle has begun for crypto market.
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We haven't really experienced the full features on Web3 yet, so I think we need to wait more. I have not yet imagined how I will interact with Web3 platforms in the future. At this time, I only connect my wallet to swap and play games.
But if Polkadot coin already provides Web3 features, it seems like it will be the best choice for Polkadot coin lovers, right?
Maybe you will also continue to use Polkadot coins to play games, swap tokens or various additional features in cryptocurrency.
It only took a few days for Gavin Wood to realize that Polkadot coins have integration with Web3. As far as I know, Gavin Wood has a lot of money and is generous when developing a project he owns. Cmiiw
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Polkadot Coin's current market value is above $6. This coin regained its health in the year 2024. I think this coin will reach $20 within this year. As a result, the crypto market will be able to improve significantly. However, by 2023 its value was above $10. Therefore, it is expected that this number will exceed $20 in 2024 or may go above.
Hmm, Interesting, Seems like DOT isn't performing well still, I'm expecting at least the closure of the year with a decent market capital and standing for a dot as the price reaches almost 25$+. during the conclusion of the cycle, I expect Dot to be at least performing 4x from the current market price.
I have been one of DOT believers for a long time for a very long duration Dot really disappointed me but for now I'm bullish again for DOT due to some upcoming expected developments and recent developments.
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Hmm, Interesting, Seems like DOT isn't performing well still, I'm expecting at least the closure of the year with a decent market capital and standing for a dot as the price reaches almost 25$+. during the conclusion of the cycle, I expect Dot to be at least performing 4x from the current market price.
I have been one of DOT believers for a long time for a very long duration Dot really disappointed me but for now I'm bullish again for DOT due to some upcoming expected developments and recent developments.
DOT price chart is disappointing investors. Polkadot has always been considered a good project by the market and worth investing in during the crypto winter, but it has not brought profits to the most loyal holders. DOT price is still at the bottom, while many other tokens have recovered strongly, even creating new ATHs. The stagnation of projects in the Polkadot ecosystem makes me even more worried. Maybe Polkadot will miss the 2025 uptrend and become a dino-coin like EOS or BCH >:(
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DOT price chart is disappointing investors. Polkadot has always been considered a good project by the market and worth investing in during the crypto winter, but it has not brought profits to the most loyal holders. DOT price is still at the bottom, while many other tokens have recovered strongly, even creating new ATHs. The stagnation of projects in the Polkadot ecosystem makes me even more worried. Maybe Polkadot will miss the 2025 uptrend and become a dino-coin like EOS or BCH >:(
I'm not too worried about the future of the Polkadot ecosystem or the DOT token price. Polkadot is not abandoned, it is still strongly developed by the Web3 Foundation and the community, investment funds continue to believe in the future of the project.
To me, cross-chain is future of the crypto market. As each individual blockchain develops, the need for interaction will also increase and Polkadot is a bright choice for users. In addition, the Web3 trend has not yet returned to compete with Layer-1, Layer-2, GameFi, Restaking... so Polkadot has not received the attention of investors.
Polkadot has its own timing, we should give DOT more time to accumulate before it explodes!
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By seeing bitcoin price movements at this year 2024 and current DOT price is $ 7.3, Polkadot ever touched ATH at $ 55. I have expectation ADA will reach around $ 20 at this year..I think It's not high expectation, because Polkadot ever touched it.
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Judging by the graph from 2020, DOT showed good results, especially in 2021, it updated its maximum, if you estimate that it can get closer and update them, then this is not a bad investment, judging by how they believe in this project, I think it will happen.
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PolkaDOT once generated a lot of hype and held a top position on CoinMarketCap. But suddenly it lost its popularity a lot. And with the Bitcoin price crash, DOT also crashes. The DOT has since fallen far behind. ADA was subordinate to DOT but ADA managed to retain its position. DOT is still a top 7 coin on coinmarketcap so they too have potential to do well in the future. But to enjoy that opportunity you must think of long term investment.
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Judging by the graph from 2020, DOT showed good results, especially in 2021, it updated its maximum, if you estimate that it can get closer and update them, then this is not a bad investment, judging by how they believe in this project, I think it will happen.
2021 is indeed a very good year for the Polkadot coin and that was when it reached the All Time High, maybe the price was around 53 USD and now in 2024 it is completely opposite to 2021.
The value of the Polkadot coin this year is around 7.3 USD and this value is very far from the price of the All Time High in 2021 and perhaps if you currently want to reach the All Time High you need 700% in order to rise to reach the All Time High.
The problem is, if altcoins that have been circulating for a long time and are in the top 20 Coinmarketcap to reach 700%, in my opinion it will be difficult because these coins are already spread across various markets and various wallets.
Except there are several new programs from Polkadot coins which can provide benefits to Polkadot coin holders, such as the 1:1 Airdrop with coins which will be launched on the Polkadot coin Blockchain network.
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2021 is indeed a very good year for the Polkadot coin and that was when it reached the All Time High, maybe the price was around 53 USD and now in 2024 it is completely opposite to 2021.
The value of the Polkadot coin this year is around 7.3 USD and this value is very far from the price of the All Time High in 2021 and perhaps if you currently want to reach the All Time High you need 700% in order to rise to reach the All Time High.
The problem is, if altcoins that have been circulating for a long time and are in the top 20 Coinmarketcap to reach 700%, in my opinion it will be difficult because these coins are already spread across various markets and various wallets.
Except there are several new programs from Polkadot coins which can provide benefits to Polkadot coin holders, such as the 1:1 Airdrop with coins which will be launched on the Polkadot coin Blockchain network.
Old coins are always at risk of being forgotten in the new cycle, as is DOT, but I believe that as long as the Web3 Foundation continues to work and develop Polkadot, DOT will continue to exist and serve the user cross-chain needs. After the tokenomics update, DOT token has many more utilities, not only in parachain auctions, to serve the return of the Web3 trend in 2024-2025. As the story of Web3 and cross-chain attracts investor attention through the media and the price increase of many tokens in the Polkadot ecosystem, we will see the return of DOT tokens in the capitalization race.
ADA token price is already x150 in the 2020 cycle, I think it will not be difficult for us to see DOT x10 from the current price 8)
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Old coins are always at risk of being forgotten in the new cycle, as is DOT, but I believe that as long as the Web3 Foundation continues to work and develop Polkadot, DOT will continue to exist and serve the user cross-chain needs. After the tokenomics update, DOT token has many more utilities, not only in parachain auctions, to serve the return of the Web3 trend in 2024-2025. As the story of Web3 and cross-chain attracts investor attention through the media and the price increase of many tokens in the Polkadot ecosystem, we will see the return of DOT tokens in the capitalization race.
That means you confirm that Web3 will still be the best to support Polkadot coins in the future so that Polkadot coins can Pump, right?
Parachain Auctions, Web3, apart from these two technologies, what can make Polkadot coins pump?
Please explain to me because I want to know the advantages of Polkadot coin.
ADA token price is already 150 in the 2020 cycle, I think it will not be difficult for us to see DOT x10 from the current price 8)
ADA As far as I know, it's a coin from Cardano, did you type it wrong?
The problem is that you and I are discussing Polkadot coins, not Cardano coins.
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PolkaDOT once generated a lot of hype and held a top position on CoinMarketCap. But suddenly it lost its popularity a lot. And with the Bitcoin price crash, DOT also crashes. The DOT has since fallen far behind. ADA was subordinate to DOT but ADA managed to retain its position. DOT is still a top 7 coin on coinmarketcap so they too have potential to do well in the future. But to enjoy that opportunity you must think of long term investment.
The collapse in the price of Polkadot was indeed very sharp, and it was all due to the influence of the collapse in the price of Bitcoin. But what is strange is that currently the price of Bitcoin has started to recover, but the price of Polkadot is also not like Bitcoin, which is starting to recover. Polkadot price movements should follow Bitcoin price movements, but unfortunately not as expected.
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That means you confirm that Web3 will still be the best to support Polkadot coins in the future so that Polkadot coins can Pump, right?
Parachain Auctions, Web3, apart from these two technologies, what can make Polkadot coins pump?
Please explain to me because I want to know the advantages of Polkadot coin.
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ADA As far as I know, it's a coin from Cardano, did you type it wrong?
The problem is that you and I are discussing Polkadot coins, not Cardano coins.
I believe that Web3 is the future, and it can become a driving force for DOT's price increase because Polkadot is one of the leading projects in the Web3 trend.
Parachain aution is one of the features in Polkadot ecossystem and DOT token is mainly used for this purpose. If the aution race becomes fierce, more DOT will be locked up and help reduce selling pressure in the market, supporting the price increase of DOT token.
I'm not sure which one will support DOT token price, probably both.
What I mean is that Cardano's ADA token has increased in price by x150 in the 2020 cycle, I think DOT can increase in price by x10 compared to the current price.
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Judging by the graph from 2020, DOT showed good results, especially in 2021, it updated its maximum, if you estimate that it can get closer and update them, then this is not a bad investment, judging by how they believe in this project, I think it will happen.
2021 is indeed a very good year for the Polkadot coin and that was when it reached the All Time High, maybe the price was around 53 USD and now in 2024 it is completely opposite to 2021.
The value of the Polkadot coin this year is around 7.3 USD and this value is very far from the price of the All Time High in 2021 and perhaps if you currently want to reach the All Time High you need 700% in order to rise to reach the All Time High.
The problem is, if altcoins that have been circulating for a long time and are in the top 20 Coinmarketcap to reach 700%, in my opinion it will be difficult because these coins are already spread across various markets and various wallets.
Except there are several new programs from Polkadot coins which can provide benefits to Polkadot coin holders, such as the 1:1 Airdrop with coins which will be launched on the Polkadot coin Blockchain network.
Now almost all coins are at this level from historical highs, I do not mean the most popular altcoins, but exactly those to which the dot can be attributed, at least this coin is very popular and it has every chance to reach historical highs and even more and we can know what to expect.
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PolkaDOT once generated a lot of hype and held a top position on CoinMarketCap. But suddenly it lost its popularity a lot. And with the Bitcoin price crash, DOT also crashes. The DOT has since fallen far behind. ADA was subordinate to DOT but ADA managed to retain its position. DOT is still a top 7 coin on coinmarketcap so they too have potential to do well in the future. But to enjoy that opportunity you must think of long term investment.
The collapse in the price of Polkadot was indeed very sharp, and it was all due to the influence of the collapse in the price of Bitcoin. But what is strange is that currently the price of Bitcoin has started to recover, but the price of Polkadot is also not like Bitcoin, which is starting to recover. Polkadot price movements should follow Bitcoin price movements, but unfortunately not as expected.
Some people say the Polkadot project seems to be stuck, this is what makes it difficult for Polkadot to rise following Bitcoin's high rise. It may take time for polkadot to improve its performance
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Some people say the Polkadot project seems to be stuck, this is what makes it difficult for Polkadot to rise following Bitcoin's high rise. It may take time for polkadot to improve its performance
Yes, you are right, Polkadot started with a strong hype and then could not hold the bar and continue to grow further.
But I am still sure that Polkadot project is worthy of attention and investment, apparently it has people who are interested in popularization and will promote it.
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Yes, you are right, Polkadot started with a strong hype and then could not hold the bar and continue to grow further.
But I am still sure that Polkadot project is worthy of attention and investment, apparently it has people who are interested in popularization and will promote it.
I have been truly blown away by Polkadot's vision and technology in 2021, which is better than what I thought when referring to its ICO in 2017. However, I must also admit that the DOT token price is making many holders disappointed: BTC has recovered and grown, but DOT continues to stay in the accumulation zone.
I hope that within this delay lies a great opportunity for those who choose to continue to believe in Polkadot and the potential of the DOT token.
(https://www.tradingview.com/x/mNl4hFtd/)
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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,
Polkadot is quite a promising project that is focused on interoperability between various blockchain, it is different from other altcoins that allow each other to communicate with each other which could be a huge benefits as a whole. We hope for a new all time highs this next bull run.
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Polkadot is quite a promising project that is focused on interoperability between various blockchain, it is different from other altcoins that allow each other to communicate with each other which could be a huge benefits as a whole. We hope for a new all time highs this next bull run.
Yeah, as each blockchain and ecosystem develops, the need for cross-chain interaction will also increase and users will need Polkadot's solutions. With the new tokenomics, the DOT token price will be positively impacted and increase, not disappointing holders in the 2024-2025 bull run. We also cannot forget the fierce competition from Cosmos and LayerZero in the cross-chain space, this cycle will be a good opportunity for Polkadot to deploy and prove the value of its parachains technology.
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Some people say the Polkadot project seems to be stuck, this is what makes it difficult for Polkadot to rise following Bitcoin's high rise. It may take time for polkadot to improve its performance
Yes, you are right, Polkadot started with a strong hype and then could not hold the bar and continue to grow further.
But I am still sure that Polkadot project is worthy of attention and investment, apparently it has people who are interested in popularization and will promote it.
As I said before Polkadot currently doesn't seem to be having any good moves, at the time bitcoin touched $73K, polkadot just wasn't showing any good moves. If you say polkadot, it's still worth it but I'd rather use my money to invest in solana than polkadot. Because Solana is showing good progress.
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As I said before Polkadot currently doesn't seem to be having any good moves, at the time bitcoin touched $73K, polkadot just wasn't showing any good moves. If you say polkadot, it's still worth it but I'd rather use my money to invest in solana than polkadot. Because Solana is showing good progress.
It is true that Solana ecosystem is developing more strongly than Polkadot at the moment, but the need for cross-chain will return in the bull run and Polkadot will also return. I think that each token will have its own opportunity and moon time, and DOT will also have the opportunity to return and grow strongly in this cycle, bringing development to the Web3 trend and profits to investors.
The Cosmos ecosystem is also developing strongly, but the ATOM token has not been able to return to the race for token price. It seems that the cross-chain trend has not yet received cash flow and its tokens are still hidden gems in the crypto market ::)
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As I said before Polkadot currently doesn't seem to be having any good moves, at the time bitcoin touched $73K, polkadot just wasn't showing any good moves. If you say polkadot, it's still worth it but I'd rather use my money to invest in solana than polkadot. Because Solana is showing good progress.
In my opinion the top 10 coins are coins with more potential, polkadot is currently ranked 13th, still potential for investment, but when compared to Solana, I would also choose Solana.
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In my opinion the top 10 coins are coins with more potential, polkadot is currently ranked 13th, still potential for investment, but when compared to Solana, I would also choose Solana.
SOL price has increased very strongly in the past time, but we should not continue to expect that SOL price will soon x10 and reach $2K because SOL's marketcap is already very large at ~$85.5B. On the other hand, DOT price can completely x10 in this cycle because DOT marketcap is only ~$13B.
If I had to choose at this time, I would tend to choose DOT over SOL. If I like Solana, maybe I will choose a few tokens in the Solana ecosystem such as PYTH or JUP.
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In my opinion the top 10 coins are coins with more potential, polkadot is currently ranked 13th, still potential for investment, but when compared to Solana, I would also choose Solana.
SOL price has increased very strongly in the past time, but we should not continue to expect that SOL price will soon x10 and reach $2K because SOL's marketcap is already very large at ~$85.5B. On the other hand, DOT price can completely x10 in this cycle because DOT marketcap is only ~$13B.
If I had to choose at this time, I would tend to choose DOT over SOL. If I like Solana, maybe I will choose a few tokens in the Solana ecosystem such as PYTH or JUP.
I agree with you because it is possible that Polkadot can give much more profit than Solana if both are invested with the same amount because already, Solana has a huge marketcap compared to Polkadot.
Polkadot has the same possibility of giving their investors profits as those investing in Solana are anticipating potential profits from their investment made
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I agree with you because it is possible that Polkadot can give much more profit than Solana if both are invested with the same amount because already, Solana has a huge marketcap compared to Polkadot.
Polkadot has the same possibility of giving their investors profits as those investing in Solana are anticipating potential profits from their investment made
I hope the Web3 trend will return soon and not disappoint us. Cross-chain may no longer be a hot trend in this cycle because many blockchains are interacting with each other through fairly secure bridges and users do not need a separate solution like Parachain or IBC. Polkadot and Cosmos will need to find a more interesting narrative to return in this cycle.
Currently DOT price is returning to the bottom of the crypto winter. This really surprised and disappointed me. I don't dare think about taking this opportunity to accumulate more DOT, I choose ETH to balance between profit and safety in this sensitive period of the market.
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Ah, it's a sad that DOT has to be replaced by several altcoins. Even though this is a very potential coin, I have several, but unfortunately this coin doesn't have much progress now, and the community is starting to switch to other more promising projects. However, that doesn't mean that DOT has no future anymore, right? I hope that DOT can at least go up to $10, I'm already quite grateful for that
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Ah, it's a sad that DOT has to be replaced by several altcoins. Even though this is a very potential coin, I have several, but unfortunately this coin doesn't have much progress now, and the community is starting to switch to other more promising projects. However, that doesn't mean that DOT has no future anymore, right? I hope that DOT can at least go up to $10, I'm already quite grateful for that
As a DOT holder, I can't be happy seeing the DOT price drop to the bottom again, but at least I'm not so dissatisfied or hate the Web3 Foundation. The crypto market has many things beyond our predictions, old trends are often replaced by new trends in the market every 4 years. Cross-chain is a good initiative but it can't fight market laws.
I believe that altseason is still ahead and DOT still has a chance to recover and grow strongly this year. It remains one of the most potential tokens that long-term investors can think of because it has its own ecosystem, solutions and a fairly large community. $100 should be our target instead of $10 as you expect ^^
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Ah, it's a sad that DOT has to be replaced by several altcoins. Even though this is a very potential coin, I have several, but unfortunately this coin doesn't have much progress now, and the community is starting to switch to other more promising projects. However, that doesn't mean that DOT has no future anymore, right? I hope that DOT can at least go up to $10, I'm already quite grateful for that
As a DOT holder, I can't be happy seeing the DOT price drop to the bottom again, but at least I'm not so dissatisfied or hate the Web3 Foundation. The crypto market has many things beyond our predictions, old trends are often replaced by new trends in the market every 4 years. Cross-chain is a good initiative but it can't fight market laws.
I believe that altseason is still ahead and DOT still has a chance to recover and grow strongly this year. It remains one of the most potential tokens that long-term investors can think of because it has its own ecosystem, solutions and a fairly large community. $100 should be our target instead of $10 as you expect ^^
True, even though DOT used to have very good performance, it's just that this season, it's really dropped and its development is very different from other altcoins. Ahhh, what a shame, if you want to sell now, you will definitely only lose. But yes, there are still many who believe that DOT will be able to rise again. At least if it can go up over $10, wouldn't that be much better? But yes, no one can predict accurately, just hope.
Now the price of DOT is around $4.37, it has dropped even more compared to its purchase price, and this is still up and down, it's just that it has dropped very naturally. Fortunately, the market cap is still quite good so it is ranked #22 and the trading volume is still quite good.
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True, even though DOT used to have very good performance, it's just that this season, it's really dropped and its development is very different from other altcoins. Ahhh, what a shame, if you want to sell now, you will definitely only lose. But yes, there are still many who believe that DOT will be able to rise again. At least if it can go up over $10, wouldn't that be much better? But yes, no one can predict accurately, just hope.
Now the price of DOT is around $4.37, it has dropped even more compared to its purchase price, and this is still up and down, it's just that it has dropped very naturally. Fortunately, the market cap is still quite good so it is ranked #22 and the trading volume is still quite good.
Yeah, luckily DOT is still holding its ground in the market. It's not forgotten, it's still being developed and mentioned in crypto media. That presence helps strengthen the belief of DOT holders despite the recent terrible price drop.
Even though I sometimes regret not choosing DOT instead of BTC, I really hope I'll have the chance to celebrate holding DOT through the tough times and making huge profits from DOT. If that happens, maybe I'll create a topic on AltcoinsTalks to share my experience of hold to triple dip then top ^^
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Yeah, luckily DOT is still holding its ground in the market. It's not forgotten, it's still being developed and mentioned in crypto media. That presence helps strengthen the belief of DOT holders despite the recent terrible price drop.
You do realize that holding its ground and terrible price drop in the same phrase about a coin are a bit contradictory, right?
I know you hold these coins while I do not, so obviously biased way of viewing things but a coin that benefits from a bull run only to dump immediately after it's over is hardly a coin in which development or adoption matter and more simply speculation.
3.5 pump to ten dollars then dump to 4.5, I woundn't want to be holding that for a long time.
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You realize that holding its ground and terrible price drop in the same phrase about a coin are a bit contradictory, right?
I know you hold these coins while I do not, so obviously biased way of viewing things but a coin that benefits from a bull run only to dump immediately after it's over is hardly a coin in which development or adoption matter and more simply speculation.
3.5 pump to ten dollars then dump to 4.5, I woundn't want to be holding that for a long time.
When talking about price drops, we compare the current DOT price to its ATH from the previous cycle. Conversely, when I say DOT remains a top coin, I'm referring to its market cap still being around the #21 position. They're not contradictory: even though the DOT price has fallen significantly, it's still one of the top coins in this market.
I also don't want to suffer losses from DOT, and I've considered selling DOT to go back to BTC, but I think the amount of DOT I hold is only a few hundred $, and switching to BTC won't bring me much profit even if BTC reaches $150K this cycle. I'd rather bet on DOT success for the rest of this year.
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When talking about price drops, we compare the current DOT price to its ATH from the previous cycle. Conversely, when I say DOT remains a top coin, I'm referring to its market cap still being around the #21 position. They're not contradictory: even though the DOT price has fallen significantly, it's still one of the top coins in this market.
It was #11 at the start of the last year
https://coinmarketcap.com/historical/20240101/
Other than Polygon/Matic they have suffered the biggest setback of all top 20 coins.
And if you run the numbers against inflation corrected USD price, you're not going to like the outcome at all ;)
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It was #11 at the start of the last year
https://coinmarketcap.com/historical/20240101/
Other than Polygon/Matic they have suffered the biggest setback of all top 20 coins.
And if you run the numbers against inflation corrected USD price, you're not going to like the outcome at all ;)
I also know that the DOT price has dropped sharply and the DOT marketcap as well, but I still maintain an optimistic attitude when observing DOT price movements. DOT position in the market is still not too bad, at least from my point of view. The opportunity for DOT to return in this cycle is still there since we haven't even entered altseason yet.
Many DOT holders have abandoned DOT for other more attractive tokens, but I'm still staying with the Polkadot ecosystem and choosing a positive mindset instead of a negative one with the market. If DOT needs more time to accumulate, I'll let it have enough time before making an impressive price surge in altseason ^^
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I also know that the DOT price has dropped sharply and the DOT marketcap as well, but I still maintain an optimistic attitude when observing DOT price movements. DOT position in the market is still not too bad, at least from my point of view. The opportunity for DOT to return in this cycle is still there since we haven't even entered altseason yet.
Many DOT holders have abandoned DOT for other more attractive tokens, but I'm still staying with the Polkadot ecosystem and choosing a positive mindset instead of a negative one with the market. If DOT needs more time to accumulate, I'll let it have enough time before making an impressive price surge in altseason ^^
I feel good after reading your post, as I am also the one who is holding DOT from the bear market time, and I am still accumulating it in the current price zone. Well mate, what are your expectations with it? Like, will it make a new all-time high in this altcoin season? But one more thing to notice here: I don't know why DOT keeps us waiting more. Don't you think it's now kinda late, or it should have pumped according to the investors or holders expectations?
Well, we should atleast hope for the best haha, and honestly, I feel relaxed now, like there are DOT holders like you and me still standing with it! :)
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I feel good after reading your post, as I am also the one who is holding DOT from the bear market time, and I am still accumulating it in the current price zone. Well mate, what are your expectations with it? Like, will it make a new all-time high in this altcoin season? But one more thing to notice here: I don't know why DOT keeps us waiting more. Don't you think it's now kinda late, or it should have pumped according to the investors or holders expectations?
Well, we should atleast hope for the best haha, and honestly, I feel relaxed now, like there are DOT holders like you and me still standing with it! :)
I don't have the exact numbers, but I believe Polkadot has quite a global fanbase thanks to its cross-chain technology. It's at least enough for DOT to not fade into oblivion this bullrun, especially since the Web3 Foundation has been trying hard to change how the crypto community views Polkadot.
Clearly, Polkadot needs to improve a lot of features, like having its own Layer-1, not just a Layer-0 dependent on users and investors cross-chain asset transfer needs. Parachain auctions used to be the main driver pushing DOT price up in the previous cycle, but it can't be reused in this cycle to push DOT price to a new ATH.
Hope that DOT won't let us down!