I think POLKADOT is still really undervalued - page 3.

jamalaezaz

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Quote from: Bitbtc8 on February 19, 2021, 03:35:22 AM

I don't think so, DOT isn't undervalued for a new project, it's currently trading at 31$ and it's all time low was 2$, that's over 1000% gains already and it's working towards perfection, this isn't a pump and dump project where by you will see 2cent worth of a coin turning into 2000$ in juts few months of release

I think it is still undervalued, even it is 1000% higher then it's all time low. but it has way more potential than that. I am pretty sure POLKADOD token's price will cross 3 figures very soon. so many top level projects building their Defi tokens on polka blockchain, I saw so many projects moving from ethereum to polkadot because of their good features and low fee.
I will not be surprised if DOT Token value cross $100 in next few months.

JohnBitCo

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Quote from: adekogbe on February 18, 2021, 06:11:32 PM

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued

Polkadot is very much undervalued and i am sure once there are many project build successfully on polkadot, we will see a lot of potential for DOT and this will increase its price considerably. I am considering DOT to move in a similar manner as we are seeing bnb price rise these days.

cryptoaddictchie

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Compared to Binance smart chain then polkadot is the real deal when it comes to technology and innovation. Supposedly they will be the next already after ethereum but due to Binance wise and clever move they have been surpass. It seems market are overthrown by which hype projects will dominate the market.

For those intellectual people whom literally have some knowledge on innovation then dot is the more suited but for some simple minded but practical then there is bsc which suited to all decentralized exchanges with very low fee.

meanwords

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Quote from: coinswebid on February 19, 2021, 03:37:26 PM

Quote from: Bttzed03 on February 18, 2021, 07:47:14 PM

I have this funny theory that projects like DOT and ADA would have been closer to ETH by marketcap by now if not for the Binance Smart Chain. Binance was smart enough to pull a move under their nose Grin

The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.

^ See what I mean?

yes, when i write this post binancecoin now become TOP 3 coin at coinmarketcap lists replacing USDT
so, this is enough proof, if binance coin is better than cardano or polkadot
but i support the OP if at this moment Polkadot price still undervalued

What do you mean? the fact that Polkadot is already at the top 4 means that it's already showing it's value. Not to mention it's a new hyped project so it's hasn't really made that significant impact compared to Bitcoin and Ethereum. I know that it has the potential to contribute more in the future but that doesn't really mean it's undervalued as of this moment.

Jamesdila1

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Besides LINK, HT and AR, DOT is my favorite project thar I got into in 2020. DOT has a lot of developers and projects in the pipeline. Im in it for the long term as I'm expecting its market cap to be a few hundred billion at least.

There's many projects right now that have high market caps for no good reason other than greed and I believe sooner or later some of that capital with rotate into the good stuff...

Bttzed03

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Quote from: GreatArkansas on February 19, 2021, 02:02:51 AM

~
You got a point, but I believe it will only in the price/market cap. If you deep dive into the Polkadot ecosystem, you will appreciate and surprise, especially they are using the Substrate framework for creating different platforms. There are some projects that are starting to shift from the Ethereum ecosystem to Polkadot, you can see the list here: https://coinmarketcap.com/polkadot/.

I also check Polkadot projects from time to time. I won't compare the tech but in terms of numbers, BSC projects are catching up.

Quote from: GreatArkansas on February 19, 2021, 02:02:51 AM

Why not in Binance Smart Chain? As I remember, there was a lot of issue against Binance before, especially on the launch of their so-called "DEX", which a lot of people complaining it's not a DEX/Decentralized exchange.

Binance DEX is old news. I haven't visited that exchange for a long time but the last I remember is that they only traded BEP-2 tokens and not BEP-20 that's on BSC exchanges/swaps.

coinswebid

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Quote from: Bttzed03 on February 18, 2021, 07:47:14 PM

I have this funny theory that projects like DOT and ADA would have been closer to ETH by marketcap by now if not for the Binance Smart Chain. Binance was smart enough to pull a move under their nose Grin

The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.

^ See what I mean?

yes, when i write this post binancecoin now become TOP 3 coin at coinmarketcap lists replacing USDT
so, this is enough proof, if binance coin is better than cardano or polkadot
but i support the OP if at this moment Polkadot price still undervalued

Dutchyyy

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Quote from: adekogbe on February 18, 2021, 06:11:32 PM

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued

Honestly, I'm not very familiar with the Polkadot project, but the things that are happening around them these days are quite interesting, and the price chart shows it. Data shows that some of the biggest Wall Street players have bought (ETP) for Polkadot.According to Bloomberg: Goldman Sachs, JPMorgan, UBS and ICAP have already bought shares.

trauchot

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Polkadot appeared not so long ago, so this project will still have many incredible achievements, and this project has already reached incredible heights in such a short time, and most importantly, this is just the beginning, so I have invested in this project and I am sure that this project has a great future and I see how the Polkadot developers are very quickly developing their project and they constantly delighting their clients with good news, and therefore I am sure that Polkadot will reach new heights already this year.

XCANA

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Quote from: Bitbtc8 on February 19, 2021, 03:35:22 AM

I don't think so, DOT isn't undervalued for a new project, it's currently trading at 31$ and it's all time low was 2$, that's over 1000% gains already and it's working towards perfection, this isn't a pump and dump project where by you will see 2cent worth of a coin turning into 2000$ in juts few months of release

Yeah, POLKADOT isn't a pump and dump project of it kind becasue i have taken time to under study their project and discovered that they have much to offer to the cryptocurrency community compare to those project we have seen doing the game of pumping. POLKADOT isn't undervalue becasue at the moment it be trading among the top coin on coinmarketcap, so, such coin isn't undervalue again. Currently, there are very few coins that i would mention as undervalue but POLKADOT isn't among these coins.

jessyj48

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If DOT grows any higher than this there will be massive dump later, for a new project I think it's already doing fine, investors have gained over one thousand percentage returns already, the team shouldn't do any thing to pump the price further, they should let therm demand do the talking

Bitbtc8

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I don't think so, DOT isn't undervalued for a new project, it's currently trading at 31$ and it's all time low was 2$, that's over 1000% gains already and it's working towards perfection, this isn't a pump and dump project where by you will see 2cent worth of a coin turning into 2000$ in juts few months of release

crzy

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DOT made its new all time high and I think that is already a great value for a great project, and that made it to the top 5 in terms of marketcap. There's a lot of undervalued project right now which I think has the chance to go up as well, so if you see that kind of project better to start buying. Its hard to buy on the peak price honestly, but I also believe that DOT will continue to rise.

Altcoinsintel

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I think that it is extremelly overvalued and you are at risk of losing all your money. It hasn't offered anything yet and except from the hype surrounding this coin I am still waiting to see a product. Still, there are some big investors that got into Polkadot lately and it could provide a support in case the market goes wrong and everything crashes by 99%. If Polkadot has any fundamentals to stay around for years then we will see them. EOS was at the same spot two years ago, lets see what Polkadot will do differently.

virasisog

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Quote from: adekogbe on February 18, 2021, 06:11:32 PM

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued

As far as the products or services available at polka dot we have to wait and see how will they make a difference and what new and better things they are offering till then it is just kind of speculation but as the confidence is high the price of their coin is growing and with this momentum i do not think that 100 bucks will be difficult to achieve for dot.

I think Polkadot has a huge potential same as Ethereum, and it is still in its early phase. I am just hoping that Polkadot will be able to keep up on developing and not go as the same way as what happened to Ethereum with a huge fee. I am starting to accumulate Polkadot little by little as it's blockchain shows more and more promising projects too, not to mention projects moving in to their chain.

ahmia39

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Quote from: adekogbe on February 18, 2021, 06:11:32 PM

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued

That's right, and today I also found out that the Bitmart exchange will also be holding a Flash Sale in the form of a Launch on Polkadot on that exchange, and this is definitely a very good opportunity for everyone.

Link: https://www.bitmart.com/launch/en?activityId=555846942467293184

Coinsfera

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Quote from: olabiyijummy02 on February 18, 2021, 07:15:53 PM

I agree with you and strongly believe that polkadot along with a lot of other crypto prohects are still very much undervalued right now
If you think about it, cryptocurrencies have achieved so much by being mainly just a means of value exchange and development of other blockchains
By the time the mainstream usage of decentralized finance happens, the prices of most of these tokens will surge to incredible heights.
Polkadot has a great team behind it so i think it has the potential to do great things

Polkadot is a next-generation blockchain protocol that connects multiple blockchains to a single network. The polkadot network has a system that executes transactions in parallel, not sequentially. There are different user roles in the system. Therefore, we can say that the platform is a really promising technology in the long run.

Coinsfera

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Polkadot is a scalable, interoperable and secure network protocol for the next generation web. The Polkadot network enables interchain data transfer by connecting blockchains to each other. In this way, decentralized applications can receive data from open, semi-open, or private blockchains running independently of each other.

traderethereum

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Polkadot, as a newcomer in the crypto world trying to compete with the other coins and bet it.
Sooner or later, we will see if Polkadot has a chance to eliminate the other coins position and move to their place and get a better position in the market.
I see this coin can be the next potential coin, and if the project can sustain better performance and invite more investors to invest in the project, that will bring new hope for Polkadot to increase.
Until that time, Polkadot still needs to increase the price, and that chance can come in the next altcoin season.

GreatArkansas

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Quote from: Bttzed03 on February 18, 2021, 07:47:14 PM

I have this funny theory that projects like DOT and ADA would have been closer to ETH by marketcap by now if not for the Binance Smart Chain. Binance was smart enough to pull a move under their nose Grin

The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.
https://i.ibb.co/GCSQWrD/Untitled.png
^ See what I mean?

You got a point, but I believe it will only in the price/market cap. If you deep dive into the Polkadot ecosystem, you will appreciate and surprise, especially they are using the Substrate framework for creating different platforms. There are some projects that are starting to shift from the Ethereum ecosystem to Polkadot, you can see the list here: https://coinmarketcap.com/polkadot/.
Why not in Binance Smart Chain? As I remember, there was a lot of issue against Binance before, especially on the launch of their so-called "DEX", which a lot of people complaining it's not a DEX/Decentralized exchange.

Topic: I think POLKADOT is still really undervalued - page 3. (Read 693 times)