Topic: How does Polkadot crypto come to 7th position? is a scam? (Read 961 times)

you need to learn more about polkadot before you wrote if this altcoin was a scam project
because many people believe polkadot is one of the best ethereum competitors,
i know its hard to beat eth but this altcoin has a lot of chance to grow hard in the near time and stay as the part of the TOP altcoins

Polkadot it is maintenand a great crypto that is starting to become popular

Usdt will now soon launch on polkadot's own blockchain

https://www.theblockcrypto.com/post/100614/tether-usdt-stablecoin-polkadot-kusama

Couldn't agree more with you, mate. Polkadot is one of the very few legitimate projects in the crypto/Blockchain space that will last for long. It might become as good as Ethereum sometime in the future. I wouldn't say it's a scam, since it's backed by prominent developers in the industry. Being founded by one of Ethereum's co-founders, I'd say this project has potential to become one of the best smart contract platforms in the world. DOT will live alongside ADA, and ETH, for many generations. That is if Polkadot remains decentralized and censorship-resistant.

Nonetheless, it seems to me that Polkadot will be here to stay. The competition is getting fierce as new smart contract platforms emerge in the crypto/Blockchain space. While Ethereum is still the leader in the industry, there's ample room for growth for other alternatives like Binance Smart Chain, Cardano, and Polkadot itself. Who knows how big DOT will grow in the future? It may be the fifth-largest cryptocurrency by market cap now, but it could rise all the way to the moon if popularity increases at a fast pace. Imagine if DOT becomes the third-largest cryptocurrency by market cap after Ethereum? It would certainly gain the attention of people in the mainstream world. I see Bitcoin, Ethereum, and Polkadot as the leaders of the crypto/Blockchain industry in the not-so-distant future. Just my thoughts

Polkadot it is a big idea and infrastucture - it is not one man with several teenagers in programmers(developers). Just watch a main sheets of polkadot - the real nice structure to investing? ofcourse they are growing.

  When you have a workable product in the market; then you don't need more strength for promotion. Polkadot (Known as DOT) is a well manage project that has all it functions workable, is one among few projects that have solutions for existing problems: "In brief, Polkadot is a scalable, heterogeneous, multi-chain technology.", so, tell me you are just joking because this project is fabulous in nature and not scam. 

Polkadot has been consistently showing good potential and great volume in the coinmarketcap so its position isn't doubtful or questionable. It's a good project with a strong foundation that has caught the attention and trust of most investors. It still needs lots of developments in the future but it has been continuously moving positively so I'm sure that it could grow more in the future.

Looks like a shady tactic to game coinmarketcap.

Exactly. To say the least, Polkadot is one of the few legitimate projects in the crypto/Blockchain space. There are many talented developers working on it day and night making sure the project delivers as intended. The sudden rise of DOT on the market, is largely attributed to the "De-Fi" craze surrounding the industry. As long as there's demand for Polkadot, it'll stay within the top ranks in market cap. At least, there's growing competition in the smart contracts space. While Polkadot may never replace Ethereum, it could become a viable alternative for "De-Fi". Dirt-cheap fees, and blazing-fast transactions will certainly attract the masses into DOT. All that's needed is developer support so Polkadot could have an ample dApp ecosystem. Only then, it'll be able to become a true contender of Ethereum.

Nonetheless, time will tell us if Polkadot's sudden rise will be sustainable. Everything will depend on mainstream adoption. The team working on Polkadot will need to make sure that the project delivers constant development and innovation in order to stay ahead of the game. As long as they do that, Polkadot will survive for a very long time. We're going to have to wait until the hype ends in order to determine DOT's true value on the market. Just my thoughts

There has been a lot of hype surrounding Polkadot and I believe the same goes for the number of people that are investing in the project, they are probably going to be many and investing huge, so it shouldn’t come as a surprise to me if it reaches the 7th position. I don’t think it’s a scam, and as for whether it’s a good project or not, that’s what I can’t tell you and I can’t tell if it will be able to stand in the future.

Polkadot is not the first project that was nicknamed the Ethereum killer, most of them have come and gone and nobody knows about them now. Ethereum usually beats, and moreover there are still lots of developers making use of Ethereum smart chain.

No  polkadot does not look scam , they are working to hard to get it a place and I think they succeeded. I think it will be one of the most profitable as like EoS . I think many people are waiting to invest in polka projects too

they are really working on this platform. not a scam in my opinion. they have real technology in the making here. also, you can check the teams building on polkadot and they have good list also including popular  projects oceanprotocol and chainlink.their position is justifiable from my end. but if you are a serious investor, you need to open your eyes for what this project is working on.

Of course if what you read about polkadot is correct I think that is a good thing for polkadot,
and it is not impossible that the coin can develop further,
I think it's just a matter of time so it's better to be patient first,
I hope that you can finish soon in collecting data and information related to polkadot

Many people believe that Polkadot will be the next Ethereum, even if you compare it at this time very far between Polkadot and Ethereum.
Polkadot still need time to develop, so don't be too quick to conclude that Polkadot are good or bad. But if you look at Polkadot performance
this year, Polkadot should be one of the most profitable projects. So investing in Polkadot is what I suggest, I myself have invested in Polkadot
since the end of 2020 and am quite satisfied with the profit provided by Polkadot.

In fact, I read some article saying that polkadot are being supported by one of the top coins in crypto. It only means that polkadot project is so much trusted by high end investors and projects because of its strong credibility and unbreachable security. As of now, I'm gathering data and information to know what is the coin that supports and help polkadot.

Polkadot has its own network which is currently accepted by the market. the effect of Hype Defi also affects Polkadot, which is currently increasing. Indeed, the current volume of polka dots is increasing.
Currently it has reached 10X the lowest price since 2020. The hype in several defi projects has indeed made the price increase unreasonable.

That's a good step, of course seeing that there are currently many projects that end up scams,
I hope everyone can offer that considering the scam project is very unsettling for everyone,
with being limited of course it makes us a little calm,
however, we must be careful not to get caught up in a scam project

I don't see anything surprising here because its popularity has multiplied so much that it can be called a stable coin and its popularity is increasing day by day because of the chain and para chain attached to this coin.Moreover, the founders of Etherium are directly involved in it.

Quite right, as many people here write. But another and most important thing is that DOT offers a new tokenomics that seriously limits scam projects. Now for scam projects there will be no road to DOT

As far as I know, polkadot can grow this far thanks to his team,
they really work hard and the result is that polkadot can even be ranked 5th,
and of course we have to give appreciation to the team,
and I also believe that polkadot can develop even further

It’s a solid project, I don't think it is a scam. It’s #5 on total market cap. Also there is a unlimited supply and a rather high inflation (10%). This surpresses the value of 1 single token. Last; we first need to see some adoption for the price to go higher and DOT have already done it look qt the price now.