Post
Topic
Board Speculation (Altcoins)
Re: Polkadot, what do you guys think?
by
xeqoRameshAxueamExaqana
on 08/03/2024, 23:19:18 UTC
Currently, many coins have recovered their prices as the price of Bitcoin rises in this pumping market. I have no answer as to why polka dot could not recover its price. Like top coin XRP the price of their coins but also in this pumping market could not increase because their developers did not provide any security, efficiency of XRP coin due to which the price did not change much despite the top coin. If the team doesn't try at this moment, then I can't say exactly how the price will go later. But if the team takes good initiatives then Polka dot will definitely move to a good position in the future

The XRP coin consistently faces issues with the SEC due to its US-based owner and founder, who also hails from the US. Thus, investing in XRP becomes quite uncomfortable as whenever there's news involving the SEC, the XRP price is likely to plummet and experience a crash in its market value.