Post
Topic
Board Altcoin Discussion
Re: Can Polkadot and Uniswap Survive?
by
zasad@
on 17/08/2021, 17:44:04 UTC
Polkadot and Uniswap are both present in the crypto market in 2020. As a relatively new coin in the market, many are asking and thinking whether they will survive in the midst of the great old coins?
In January 2021 Uniswap slowly rose in price from $4.9. While Polkadot also experienced an increase in the same month and year by $5. The market continues to run and they are also holding on to prices not much different (Polkadot $27, Uniswap $29). Their rankings on the coinmarketcap list are also close together (DOT #9, UNI #11).
*source: https://coinmarketcap.com/
Let's discuss
These are completely different projects. DOT tokens can be used to vote for projects that will be added to the Polkadot ecosystem.
Few projects will be added without a vote, such as the bridge between Polkadot and Bitcoin and the bridge between Polkadot and Ethereum.
For me, polcadot looks like a more promising investment.