Polkadot - new top ten member - page 6.

pedpedped101

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Quote from: denasha92 on August 25, 2020, 05:36:11 PM

honestly, i never heard polkadot. when i checked the coinmarketcap, its rank is not in the top ten, but they still in rank 2000+. but i can't said it's a bad crypto. it has a good price. maybe it will go into the top 100 in a few months.

The post also prompted me to take a look at it on CMC. When ever I come across such mention, I try to verify and see what is happening.
On CMC the market cap is yet to be updated, so, I am surprised it is gainings lots of attention, although, it has not displaced BNB.
It looks promising and might be a real gem in the space.

Shallow

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It's true the project looks promising owing to its features but time will tell if it will remain in top 10 or not, remember most projects once occupied that range of rank, and as time goes on they dropped or climb Futher up. Nevertheless, what I meant is, with time everyone will know if the project will keep going up the rank or will drop. Also, another thing that caught my utmost attention is the thought that Polkadot could be a serious contender to Ethereum, as for me, I do not agree with this, many projects came with different ideas as to why they will beat Ethereum but that didn't happen. With all these being said, it would be better to invest not because of the range of rank on coinmarketcap, not because it is among the top 10 nor aims to beat Ethereum, but however let all investment choice comes from full and clear understanding of the project.

chanc3r

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Quote from: denasha92 on August 25, 2020, 05:36:11 PM

honestly, i never heard polkadot. when i checked the coinmarketcap, its rank is not in the top ten, but they still in rank 2000+. but i can't said it's a bad crypto. it has a good price. maybe it will go into the top 100 in a few months.

If you were reading some posts above you and you will know the answer and what you need to do to visit the coingecko site and you will get your answer. Idk if that was true or not but coingecko has already put the total supply for polkadot to determine how much mcap for DOT

denasha92

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honestly, i never heard polkadot. when i checked the coinmarketcap, its rank is not in the top ten, but they still in rank 2000+. but i can't said it's a bad crypto. it has a good price. maybe it will go into the top 100 in a few months.

Kelvinid

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Quote from: kerjakuat on August 25, 2020, 12:45:56 PM

Im not a fan of billion token supply with a high pump like that.. Newbies will jump when they see something new like that going top 10. But for me i will stay away from that pump high. Not often to see any token with a billion supply with a price $5 currently now.. Hard to see.. this might be something but im rather to wait then to lose in high.

If that looks so promising, why not? Of course, I have to jump through because I know that I can make gain from investing them. Though market supply will affect the price, however, we don't just keep this as a reason that there is no way we go higher but have to keep at a low market price.

What it happens to Polkadot is really impressive but I doubt its consistency, it may be after this huge pump, a dump will strike. It is good for those who it during its early stage of market development but if we are planning to buy this time, I don't think so and I don't recommend it to others. It is to believe that DOT is also a victim of the pump and dump scheme, we never know more about this coin and consider out of potentials that it becomes unbelievable how it surge that quick.

@baoli

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Suddenly is see this coin pushing all the way through and its really amazing. It a project but can't be compared to ethereum. Developers could have a good concept and marketing strategy but getting to ethereum is far fetch.

kindbtc

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Quote from: casperBGD on August 22, 2020, 03:05:58 PM

as of today, Polkadot entered top ten list of coins, pushing BNB out from the top ten, and BSV on the position ten
Polkadot is smart contract platform, and could be serious contender to Ethereum and other platforms, with Cardano just a few percents away on position eight

what do you think about it?

Polkadot has been received well by the market and due to listing from big exchanges its tokens called DOT have found immediate demand and buyers with high efficiency of polkadot smart contracts im sure they will be able to do well.

triangles

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Quote from: arufox on August 25, 2020, 12:46:17 PM

Quote from: casperBGD on August 22, 2020, 03:05:58 PM

as of today, Polkadot entered top ten list of coins, pushing BNB out from the top ten, and BSV on the position ten
Polkadot is smart contract platform, and could be serious contender to Ethereum and other platforms, with Cardano just a few percents away on position eight

what do you think about it?

I believe that every coin/project has a dump and pump time. If you look at coinmarketcap gainers and losers, you will see every day the list is different. So no coin always pump and always dump. And now it's time for Polkadot, but I tried to search on coinmarketcap, I didn't see any information about the coin. Is this a bug or something happened ??

https://coinmarketcap.com/currencies/polkadot-new/, you can't find polkadot because the split coin change from polkadot from 1 to 100, and also CMC still hasn't updated the market cap and also circulating supply so the coin is a bit difficult to find.

arufox

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Quote from: casperBGD on August 22, 2020, 03:05:58 PM

as of today, Polkadot entered top ten list of coins, pushing BNB out from the top ten, and BSV on the position ten
Polkadot is smart contract platform, and could be serious contender to Ethereum and other platforms, with Cardano just a few percents away on position eight

what do you think about it?

I believe that every coin/project has a dump and pump time. If you look at coinmarketcap gainers and losers, you will see every day the list is different. So no coin always pump and always dump. And now it's time for Polkadot, but I tried to search on coinmarketcap, I didn't see any information about the coin. Is this a bug or something happened ??

kerjakuat

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Im not a fan of billion token supply with a high pump like that.. Newbies will jump when they see something new like that going top 10. But for me i will stay away from that pump high. Not often to see any token with a billion supply with a price $5 currently now.. Hard to see.. this might be something but im rather to wait then to lose in high.

DoubleEdgeEX

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Awesome news imho. And I hope nobody minds, but I had this project on the radar for months so I wrote an article about it incl. background info and price forecast. So if you guys don´t mind, here is the link to my post.

https://double-edge.net/2020/08/25/coin_predictions_crypto_forecast_polkadot/

It´s written for Newbies and starters, not for advanced folks. I reduced the tech language to a minimum and tried to explain everything in words a random person on the street would understand. I think thas the only chance for mass adopton. Things get complicated soon enough

zasad@

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Read about the technology behind this project.
https://medium.com/polkadot-network/kusama-polkadot-comparing-the-cousins-170e4fe6c280
It's too early to say, I don't see any working projects in these networks right now, but this coin has very good growth potential.
https://medium.com/polkadot-network/kusama-polkadot-comparing-the-cousins-170e4fe6c280

https://www.coingecko.com/en/coins/kusama
kusama has grown in price very well

shakesbear

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DOT is definitely a new strong project, several successful projects have already been launched on their platform, I think that the number of users should increase further.

target

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Quote from: jacafbiz on August 25, 2020, 09:16:42 AM

The current valuation is crazy and time will tell for a project that has nothing in production currently. The space is still open for some of these Ethereum competitors to take the top spot form Ethereum before the launch of the Ethereum 2.0 and if some of these new projects fail to come up with a solution to the scaling solution than bye-bye. I still feel the project is over valued at $4 billion Mcap

I just went to coinmarketcap, BNB is still in the top 10 and no change has occurred. Looks like you checked it out at coingecko? Btw Polkadot is a big project and I believe it will rapidly grow strongly in the future, and the top 10 altcoins in 2021 will have this project name.

Coingecko displays Polkadot NEW at top 6th with a price of more than $5. This is a good project otherwise its not going to have a huge marketcap. Its unsure though why CMC isn't listing this project so far but if the project gets a lot of daily volume of $590,732,669, its not going to be good for inferior platform tokens like ADA. Damn, holding it seem a mistake for not seeing the coming of polkadot.

MikeyVeez

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On Coinmarketcap the coin is still not ranked because probably Coinmarketcap didn´t know the current supply. Secondly, they swapped the old DOT coins to a new one with a 1:100 ratio. Last time when I wanted to buy Polkadot, it costs 3 times less, probably we will see another bull rally on PolkaDOT coin, they are at the beginning.

pakhitheboss

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Quote from: Denongels on August 22, 2020, 03:25:14 PM

I don't really follow polkadot but I do think this project will be the toughest competitor ethereum, moreover, there have been many tokens that use polkadots blockchain and have great success and also I have tried tokens from polkadot even though currently most of them have ui wallets that are not good but I am impressed with the fee and also the transfer speed of Polkadot because it is very fast, even in just a matter of minutes the coins we transfer can enter the exchange, if Ethereum wants not to be competed by Polkadot I think they must immediately fix the problem of upgrading ethereum 2.0

Quote

I do think this project will be the toughest competitor ethereum

I have been reading and hearing the same word for the past three years now and have not found a single competitor till date for ethereum.

Moreover, this project deals only with smart contract and if your are aware about ethereum then you should know smart contract is one of the features that it provides.

Polkadot is now ranked 2166 on CMC.

jacafbiz

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The current valuation is crazy and time will tell for a project that has nothing in production currently. The space is still open for some of these Ethereum competitors to take the top spot form Ethereum before the launch of the Ethereum 2.0 and if some of these new projects fail to come up with a solution to the scaling solution than bye-bye. I still feel the project is over valued at $4 billion Mcap

Yamifoud

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Quote from: Bossfidelity on August 25, 2020, 08:50:30 AM

I really can't explain how Dot token moved from position 2155 to position 10 in less than a month, it beats my imagination, because I know the total supply is about 200 million and its most likely that there are either whales holding the tokens or the tokens in circulation are reduced to help keep the value on check.

Indeed, it is impossible to see and we don't know the story about these huge changes, surprising isn't it? But if we take a look into this https://www.coindesk.com/polkadot-raises-43m-in-72-hour-private-sale-source that was also an impressive market show up.

On the other hand, we can't easily judge a thing like this, the market is so volatile and it seems to be impossible but having this miracle will something it tells that many investors had considering its potentiality to gain market demand in perfect time and that is what we have now. I don't want to believe it but looking into the chart https://www.coingecko.com/en/coins/polkadot, you'd probably believe it and see how investors giving an extent in risking this project.

Piston Honda

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more erc uniswap vapourware shit lol

Zeehaxan

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Quote from: casperBGD on August 22, 2020, 03:05:58 PM

as of today, Polkadot entered top ten list of coins, pushing BNB out from the top ten, and BSV on the position ten
Polkadot is smart contract platform, and could be serious contender to Ethereum and other platforms, with Cardano just a few percents away on position eight

what do you think about it?

We should definitely support innovative projects.
Polkadot was highly anticipated project even before it was listed for trading and it is right time for it to be launching in the market as market sentiment is becoming positive day by day. With quality services polkadot will definitely become a top coin.

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