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Topic: PolkaDOT on its way to $100. - page 3. (Read 371 times)

member
Activity: 644
Merit: 10
November 06, 2021, 10:33:00 AM
#12
I don't understand why it's not growing. Few want to stake their DOT tokens for 2 years in order to get the tokens of the new project? Even Binance has already joined DOT auctions. Have you thought about the fact that no one wants to participate in auctions and all those who bought are speculators who thought there would be strong growth?
sr. member
Activity: 1190
Merit: 250
November 06, 2021, 10:29:51 AM
#11
I think the polka dots will reach $100 soon, I'm sure when the green market is back like October, the polka dots will soon reach $100. The more projects that actively use the polka-dot platform, the more the use of polka-dot coins increases.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
November 06, 2021, 09:53:50 AM
#10
I think DOT can reach $100 in the mid-term or long-term but it is hard to reach in the short term, such as this month, if there are no fast moves to break every high price. The next high price for DOT will be at $60 as DOT already makes a new ATH at $54 so DOT needs more time to rise back and reach $60. Maybe DOT will reach $100 in December or Q1 in the next year as that will give more chances for DOT to lift the price drastically, especially if BTC price can surge higher.
sr. member
Activity: 1372
Merit: 322
November 06, 2021, 08:54:23 AM
#9
I'm sure parachain auction will give it a huge pump. Solana made a significant move too which I really had no idea.
I don't know why people didn't buy when it dropped below $30 before when this para chain is expected to happen before the year will end.
Apart from the bearish market, it was never ensured when parachain auction will be lived. It could take more time too. Either way, I have been holding some small amounts of DOT for a quite long time now and it already is in more than 10x. I don't mind wherever it goes.
full member
Activity: 1024
Merit: 100
November 06, 2021, 07:28:21 AM
#8
in technical analysis, yes the next target is 100$. but for the fundamentals themselves, I don't think the situation is so good. the price is already at ATH and it looks like it will stop for a while. just like bitcoin is starting to have trouble pumping higher, DOT also seems to be in the same situation. so in the near future this target is very difficult to achieve. but in the long term this is very possible.
sr. member
Activity: 2170
Merit: 254
November 06, 2021, 07:18:47 AM
#7
I think DOT would be at $100 right now if it wasn’t for everyone buying meme coins. I think it’s a great project and one of the few that I actually want to keep long term.

It was a great buy around the $30 mark a few weeks back. Basically it was strong support, then strong resistance and it acted as support again and would been a great entry with little drawdown.

I think if the meme coin mania dies down then coins like BTC, ETH and DOT will really start to have a good and healthy rally.

Same here, it has strong foundations and an active development team so I am also keeping it long term. I bought my first DOT when it was at around 4$, mainly also because of the 12% staking you can get. Also bought some more when it dipped in July. You can be right about the meme coin mania, but I am afraid it is not over yet ...
hero member
Activity: 1946
Merit: 502
November 06, 2021, 12:41:17 AM
#6
Polkadot created a new all-time-high a few days ago after May 2021 all-time-high.
After Polkadot announced their date about para chain auctions will be starting on November 11 on Polkadot Relay Chain, that's the time price of Polkadot pumped.
I don't know why people didn't buy when it dropped below $30 before when this para chain is expected to happen before the year will end.

Same reason why people don't buy loads of btc or other coins when they are down, it is common perception among most crypto people, when the market is down instead of taking advantage of the opportunity,  some will be dumping and too afraid to buy, only the brave ones usually take such advantage.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
November 06, 2021, 12:37:11 AM
#5
Back then, many people were afraid that it was the beginning of a longer bear market. At the moment, buying at ATH is not the best time to invest, but it looks like the price may still go up, so the chances of earning money are there. It is a matter of whether someone likes high risk with the chance of low earnings.  Wink Cool
I think there will be very few people who like high risk with low income because buying at ATH prices is a bad thing if market conditions are not certain to continue to improve until early next year later.
legendary
Activity: 3808
Merit: 1723
November 05, 2021, 08:50:37 PM
#4
I think DOT would be at $100 right now if it wasn’t for everyone buying meme coins. I think it’s a great project and one of the few that I actually want to keep long term.

It was a great buy around the $30 mark a few weeks back. Basically it was strong support, then strong resistance and it acted as support again and would been a great entry with little drawdown.

I think if the meme coin mania dies down then coins like BTC, ETH and DOT will really start to have a good and healthy rally.
sr. member
Activity: 1554
Merit: 260
November 05, 2021, 06:05:21 PM
#3
Polkadot created a new all-time-high a few days ago after May 2021 all-time-high.
After Polkadot announced their date about para chain auctions will be starting on November 11 on Polkadot Relay Chain, that's the time price of Polkadot pumped.
I don't know why people didn't buy when it dropped below $30 before when this para chain is expected to happen before the year will end.

Back then, many people were afraid that it was the beginning of a longer bear market. At the moment, buying at ATH is not the best time to invest, but it looks like the price may still go up, so the chances of earning money are there. It is a matter of whether someone likes high risk with the chance of low earnings.  Wink Cool
legendary
Activity: 2506
Merit: 1394
November 05, 2021, 05:34:55 PM
#2
Polkadot created a new all-time-high a few days ago after May 2021 all-time-high.
After Polkadot announced their date about para chain auctions will be starting on November 11 on Polkadot Relay Chain, that's the time price of Polkadot pumped.
I don't know why people didn't buy when it dropped below $30 before when this para chain is expected to happen before the year will end.
legendary
Activity: 3052
Merit: 1273
November 05, 2021, 04:43:26 PM
#1
After reaching an ATH of ~$50 in May, 2021 and a decline to $10 in July, DOT managed to get back up and running towards a new ATH and it crossed the $55 mark till now. But while seeing many shit projects making even 100x, I believe that DOT has a chance to make at least 10x of that $10 decline and continue its parabolic run until it reaches $100 based on the recent PolkaDOT Parachain (Slot) Auctions being conducted. Below is the weekly chart posted which looks like an amazing opportunity in this coin and can give great returns during these two months. I'm parabullish (parabolic-ally bullish) on DOT, what are your thoughts?

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