Post
Topic
Board Speculation (Altcoins)
Re: Polkadot, what do you guys think?
by
Abiky
on 14/03/2024, 16:38:10 UTC
It hasn't gone into bull mode like BTC has, is there a reason?

What do you think about the future price of Polkadot?

I guess Polkadot hasn't brought the attention of mainstream investors yet. They're focused on the spot Bitcoin ETFs and the upcoming halving event in 2024. Besides that, investors are putting their money into rival smart contract blockchains such as ETH and SOL, leaving DOT behind in the dust. I've used to wonder why, especially when Polkadot has promising tech behind it. Parachains and Polkadot's modularity should make it one of the most scalable blockchains in the world. It could've challenged SOL and BSC by now.

Maybe the upcoming Polkadot 2.0 upgrade will make things better? If not, don't expect prices to rise anytime soon. I'd invest a small amount of money into DOT just to be safe. Cheesy