Topic: Polkadot New ATH (Read 330 times)

The blockchain race is in full swing

Everyone is launching programs and pouring money into ecosystem development. The direct competition for users and their capital begins, and the main battle is taking place in the DEFI segment, where the rules are much clearer and the result is clearer (TVL buildup in their ecosystem).

It seems like all the blockchains are already expensive, but the SOLANA, ETH pumpe opens up new upside for smaller players. It will also now see alpha blockchains that are ready to enter this race and beta blockchains that are not ready or afraid to lose.

In fact, it is pointless and merciless money burning, the money is taken from the acceleration of the main blockchain token. So they can plummet even higher, but they will also collect the cream from the market this time.

Polkadot has the prospect to grow to $300-500.

Maintaining the overall positive situation in the crypto market will contribute to an increase in demand and interest in DOT, taking into account the large number of serious and large contenders for a slot in the blockchain auction. So due to altcoin season and quick start of auctions I predict the price 50-55$.
The opposite scenario where the market after reaching a historical maximum the price will go into the correction stage, it is also possible. However, on the eve of one of the most important stages in the development of the project, there is a massive sale tokens are unlikely.

most people always compare the price of altcoins against the US dollar but forget to compare the price of altcoin against bitcoin, when we compare the price of dot against bitcoin we can easily see that this month the price of dot in relation to bitcoin it is stagnant, so why is the price of dot at $43? it is simply at that price because the price of bitcoin has increased a lot to $61000, if the price of bitcoin was at $30,000 the price of dot would be below $30, so buying dot is the same thing or it would even be more advantageous to buy bitcoin

I'm on the fence about the price of DOT/BTC right now. While it's looking bullish it's also currently testing resistance, so seems like a good chance price will correct again to re-test it. The price does look better than most altcoins that much is true, even if the price is struggling to make ATH against fiat. The price & 50 Week MA are now above most of the accumulation volume which is also a good sign.

You are right, the ATH may not yet occur, and I think that there may be many options for which the movement is slowed down, the most evident is for the bears, who sell in each rallie that is formed, however the price of DOT has increased and has done much better than many other altcoins, it is that Polkadot capitalized a lot of community and investors, it is obvious that those investors are going to defend the price level, they do not want to see DOT below 30, even in the levels of the 20s, when many were forecasting a DOT price of up to 15usd.

Everything indicates that DOT is on a bullish streak, for now the price is around 43.9USD, not bad, despite the fact that BTC is at $ 62k, according to the technical indices of cointelegraph we have the following in the short term:


Source: https://cointelegraph.com/news/price-analysis-10-25-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

The possible rise to 53USD is latent and would be a good thing for investors and DOT bulls, so far DOT has proven to be a very stable project and has been meeting their expectations and at the speculative level of the market it is very attractive.

Unfortunately now Bitcoin is suddenly correcting, hopefully the Bitcoin support price is strong enough to hold it from going down too deep.
Otherwise it will affect the altcoins down too, but luckily so far it hasn't affected the Polkadot price. Since Polkadot is still up 1.83% in 24 hours,
it means that Polkadot's potential to return to the ATH price can be achieved in the near future. We really have to be patient to be able to see
Polkadot reach new ATH, if in the near future the price of Bitcoin can recover and rise again in price. I believe it can help push the Polkadot price
to go up faster to reach new ATH.

I see many people choose DOT as the other investment besides having bitcoin, ethereum, and bnb. DOT can be a short or long term investment but if you can see DOT increases high and make a new ATH, you can sell it for half amount from the total amount so you can buy back when the correction comes. I think it will be better to do that as when the altcoin reaches the new ATH, the price will drop and it may be back to the current low price. So no matter what altcoin we use for the investment, we should be wise when we can profit.

It is basically 10% drop right now. It is around 43 dollars or so right now, and it needs to be basically 50 dollars to reach that. Which is a 10% drop give or take, and it would require about 20% or so increase as well. I have to say it would happen only if the bull market continues. We are getting to the alt season closer and closer, bitcoin increase will continue for a while but the moment it stops then we are going to be basically not reaching those levels at all.

Let's wait for the alt season and see if it will happen or not, if it happens then we are going to make a good profit from it and the ATH will be reached but if we can't get to the alt-season then we won't see it.

ATH $49.35 - May 15, 2021, which has been done by ADA, so far it has not been exceeded, how can we ensure that polka dots will trade quickly above $100 !!!
if it's going to increase it's likely to happen later this year, but it's unlikely that there will be any surprises. apart from that, there is a push for funds from strong investors to eventually be able to increase quickly.

when all are reaching ATH like ethereum, but the polka dots are not able to do that, at least they can match their last ATH first. after that gradually to be able to increase rapidly. we have to admit that polka dots are indeed very good coins and are worthy of investment. but it may be necessary to gradually improve, and hope that there will be encouragement from those with large funds to be able to change the situation that may occur.

100$ ? seriously ? meaning this will took the 3rd place in Binance and Cardano?

for this coin to reach that level this needed to have at least 190 billion capitalization and that is a Huge target for something like Polkadot.

this may come but not that soon , maybe at least 30$ can be expected.

If that sentiments being followed by action, Alt market will receive good appreciation from the investors.

No doubt that Polkadot will get the attention and gained those diverted money from BTC market,
we know that in each pump correction will take place,

Every eye will soon be seen inside ALT market. Make sure to keep your spare in case you are
still looking for the right position to place your entry.

Timing will give you lots of money to be earned from each asset that you'll going to use as your token for investment.

That's why Polkadot can be in the top 8 right now, because the Polkadot development team is quite ambitious in developing the project. Many big
investors finally saw the potential of Polkadot, even I, as a small investor, invested in Polkadot. Because I believe Polkadot will have a bright future,
even now the Polkadot price keeps increasing close to ATH price. Moreover, with Bitcoin successfully reaching new ATH a few hours ago, this will
definitely make the prices of some altcoins go up. And Polkadot is one of the projects that is rising right now, so I believe maybe this week Polkadot
will reach new ATH.

I have seen many projects that is not as decentralized or as ambitious like polkadot trading high in value . Polkadot will be trading higher than $100 in very short term,  consider bitcoin is still making new high.  I think high price discovery is on the way for polkadot. 
 Polkadot must be a hold for investors!

We all understand the impact it has on this market, and it's understandable that DOT is growing strongly at the moment. The great potential is what we have talked about so much about DOT with the solutions it is pursuing to apply in the market, I believe that in the future there will be more great things in the DOT space when predetermined development paths.

Everybody knows is a solid project and because of this it will have it’s run trough the lasts. People will put profits in it as it has a big chance to be around also in the next season. When everything crashes I expect DOT to stay above $40 in the end of this year.

Yet not enough to call ATH the movement today because does not break the recent ATH months ago >>>>  https://coinmarketcap.com/currencies/polkadot-new/

maybe next year or at least before the end of December it may run for another ATH .

But it is not making any ATH now

All Time High       May 15, 2021 (5 months ago)   $49.69

this was the last All Time High.

The DOT price is going very well, at the moment for 44usd, the truth is not bad at all, if we go with the technical indices, only the fact that BTC rises, is an indication that DOT will rise more, in the short term we see the following :


Source: https://cointelegraph.com/news/price-analysis-10-20-btc-eth-bnb-ada-xrp-sol-dot-doge-luna-uni

The DOT price is very easy to continue rising, and the target that they forecast is almost 50USD, it may happen, because as the market is going it can happen these days, of course if a plan or bearish market movement does not arise in general.

I think Polkadot is one of the best cryptocurrencies right now.  Where Polkadot is increasingly popular and becomes an altcoin that ranks in the top 10 CMC, of ​​course DOT has a great opportunity to be able to get its new ATH by the end of this year, especially at this time BTC which is an indicator of the rise of altcoins is growing rapidly and is in the best position, so DOT and some other alt will follow the movement of BTC.

Well there's a game of great whales playing around on the SOL project. I certainly hope that DOT must also always be more competitive at this time and look for its ideal position in the eyes of investors. With great trust already built, it is very easy for DOT to adapt in the market. The potential of DOT is very visible. It's just a matter of waiting for the right cue and immediately launching a big project at the end of this year. I wish we had arrived earlier.

In my opinion, the current market will focus on BTC, and altcoins will suffer a certain drop because of the bit/altcoin spread.
However, Polkadot really has a lot of potential in the crypto space, I see parachain updates being very attractive, in addition the ecosystem is getting more and more attention from new developers. Perhaps DOT will be one of the top coins to see good growth in the near term.

"They will release parachain auctions next month" Great ... is there significant demand for this use case on this specific chain? No one cares despite investors hoping for pump do dump their bags. Just like you said. "and this will probably give another pump to the price." You are excited that this event will push price up ... you are not excited about this new feature... you dont care about it ... you did not even plan to test it. Am I right?

Its not like being little less popular than BTC, ETH, BNB. Its a massive gap. DOT daily TX is 10-20k. BSC daily tx is 6 M. Its like 500 more while DOT is only 2 times cheaper than BNB while bnb is not only chain token, its also token used on biggest cex to lower fees, for binance card cashback, for launchpads, lauchpools, staking. I don't care about 12% interest from holding DOT. I have >50% APY from launchpads and other events on binance from holding BNB and BNB is deflationary.

Its dead because no one is using it. Not because devs does not release small updates from time to time to boost price.

This is possible on a good project and DOT is one of a few projects with a high potential it will soon reach its new ATH. Its good to see many altcoins now are pumping along with Bitcoin, though if you compare DOT to SOL we knew who has the advantage and knew that many investors are into SOL now. Anyway, if DOT was able to make a new progress, new ATH will be seen so always be ready for this possibility.

Given Bitcoin new ATH at the moment, I didn't notice that DOT also showed significant movement this month. With its sharp upward movement, I see that in the next few months DOT should be able to capture Solana's market capitalist. Because the difference is quite thin, namely the SOL Marketcap of $47,976,648,847 and the DOT Marketcap of $42,775,865,038
Although investors from the SOL network project attracted more investors.

Cryptocurrency always provide unexpected surprises, today bitcoin experienced a very extraordinary increase, BTC price is up 8.1% in the last 24 hours, this fact shows the crypto market is on a good track.
Ethereum is also experiencing the same thing, Ethereum increase reached 2.3%. Polkadot also goes with the flow of BTC and ETH, in the last 24 hours the price of Polkadot rose 5.4%.
OP decision is very correct, because buying Polkadot when the price is still cheap. If you expect the price of Polkadot to increase, you can take a long-term position, and if you think the price will drop, You can take a short position and still make a profit if the price falls in the trade.
Now the decision is entirely in your hand.

I wouldn't call it dead, far from it. They will release parachain auctions next month and this will probably give another pump to the price. It is not because it is less popular than BTC, ETH and BNB that a project is dead. Don't forget that you also can claim a 12% interest when holding polkadot.

At what price you've been accumulating?
is it not possible that what you did and gave your analysis of polkadot(DOT), because you have been collecting coin dots for a long time, as you say and hope that there will be an increase, can even hope to replace eth ?

I hope the analysis you say is pure because seeing the movement that occurs in the dot is better than the eth !!
so that it is not biased in how to do an analysis that can be trusted for accuracy or at least it makes sense what to do with the analysis you do.

I just looked at the graph for a year between dot with btc and eth, the graph looks like this ;



Looking at the graph for a year with bitcoin, it's true that sometimes the dot can be better than the btc itself but it's not too flashy, so it's relatively natural to be sure that bitcoin still affects the dot too.



while the graph for a year is dot with eth, it is clear here that dot is very reliable and always in the best position than eth itself. when comparing with eth we need appreciation that dot is better.

but can dot replace eth ? Of course, the question can't just be answered that simple just based on a year's graph. there must be more proof of dot if you really want to compete with eth. because the market capitalization of eth is still very high and dot is only 10% of eth.

it seems what you say is not as easy as you think, from many sides it can be said that eth is still the best compared to dot.
indeed, the main problem with eth at this time is the high costs and cannot be controlled properly, so many are innovating so that there are no transactions related to eth.

but it must also be remembered that in crypto nothing is impossible and can happen, but we also have to be realistic because the market capitalization of eth is still very high so it will take time to convince that dot will be able to replace it. make no mistake that there are still many coins that have also wanted to do this shift and indeed no one has been able to so far. because there are still many eth who support it by continuing to hold and make transactions as well.

DOT broke out of this formation 3 days ago with nice volume. From technical point of view looks very nice. Bitcoin is also very bullish. Close to ATH. Looks like we have 1 more leg up for BTC and alts. But as I said before. DOT from fundamential point of view looks dead to me. I suggest to take a look at other alts with symilar TA outlook. Like BNB which just broke triangle.

You did a great job buying on a dip because DOT is growing and if you look at the market price today, I’m sure you already make your profit. ATH will be made in the next bull run, its possible so be patience to hold on that toke and if you see another dip, better to increase your holdings. I also have DOT, let’s keep our faith on this project.

DOT has risen a lot, in fact it is around 41.59 USD, with + 18% and with the probability that it will continue to rise more in price, it is likely that for now there will be upward movements if BTC continues to rise:


Source: https://cointelegraph.com/news/price-analysis-10-13-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uni

For now, the best thing is those who can buy will not lose so the price goes down, DOT is a very good project and it is for the future.

polkadot and other altcoin in the market are following the trend of the market along with the top crypto, so i believe DOT will continually making good results as long as some alts were doing the same as well and if not for sure it will become unpredictable in my personal opinion.. Actually i'm not an expert, wherein i just said these because that's what always happened and what i noticed when i open 4 different chart every day using my list of altcoins.. So for me it's not surprising if DOT react when some of the top alts shows a pull back.. But i hope it will not happen.  

Depends what you mean by dead I guess. It's never been considered alive to my ratings. Market price is such a false indicator of aliveness, otherwise we might as well take all the thousands of defi nonsense coins out there and call them alive with actual project proposals, but we know that to be false.

But you know these defi guys. They just going to yak until the dead cat stops bouncing.

Polkadot is one of the best crypto assets in 2021. Polkadot is growing in popularity as the project aims to decentralize the web by connecting blockchain and allowing them to interact which will enable new applications such as decentralized finance.
Although it is very difficult accurately predict the future price of polkadot, personally I really support your decision to collect polkadot, especially when you get it when the price is down. Your decision is very right. Because the future of polka dots is so bright that investors will compete to collect polkadot.

But isn't the DOT dead already? It was supposed to be ETH killer. Rushed to top 10 CMC out of nowhere. Its been a while since that and ... nothing. Not much is going on on DOT, there is no good project, there is no good DEX, there is no traffic - 10k daily TX - 800 times less than on BSC (8 mln). I know that, if its not the end of bull market, and it looks like its not the end, everything will pump like crazy. Most likely DOT will pump too. But is a dead project evaluated at 33B$ a good investment? I would rather like to invest in something that succeeded (BSC, ETH, BTC) or at least something that did not failed yet. DOT already failed showing that no one needs it.

Although chart looks decent.

At what price you've been accumulating?
I'm thinking the opposite once this bull run ends. But if there's another series of bull run then we can expect that to happen.

Too good to be true, i have heard a bunch of people keep saying the same thing like that so many times but nothing happened and DOT is already been replaced by a better blockchain like ADA. DOT has no chance to compete with ADA for now.

Overrated blockchain. I can't deny the fact so many projects launched on DOT but i rarely seen a project that issued tokens in the DOT chain. what's happening with it? ATH can be reached but this is not caused by the utility of the platform. Im feeling curious why people are still putting their hopes on DOT. ADA and SOL have transformed to be better blockchains than DOT.

from almost 50$ ATH now valuing 31$ meaning there must be at least 70-80%  increase to reach that another ATH.

https://coinmarketcap.com/currencies/polkadot-new/

While many still believe in DOT , i can see no good reason for this to increase these soon, the last ATH is enough this year and if you want to see another hype then wait for another few years till rightful investors enter again.

I have big hope for Polkadot, and I've been accumulating DOT since the dip. And Polkadot Parachain Auction will be held in the bull run. Expecting chaos!
What do you think about Polkadot?

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