The increase in Polkadot's value since its launch on August 20 has left the crypto community in awe. After multiple delays, Polkadot is finally released to the market by its developers. DOT excited investors, rising from $ 2.82 to $ 6.82 on September 1. At the moment, DOT is valued at $ 4.20, down from Thursday's market crash.

Polkadot even knocked rising star Chainlink (Ethereum killer) out of 5th place by market cap on CoinMarketCap but back to 7th place now.

Is Polkadot the next generation of Ethereum? Nah, not really.  Lots of hype.  Good potential, but a long way from catching up.

-Pho