Bitcoin Forum

It hasn't gone into bull mode like BTC has, is there a reason?

What do you think about the future price of Polkadot?

Currently, many coins have recovered their prices as the price of Bitcoin rises in this pumping market. I have no answer as to why polka dot could not recover its price. Like top coin XRP the price of their coins but also in this pumping market could not increase because their developers did not provide any security, efficiency of XRP coin due to which the price did not change much despite the top coin. If the team doesn't try at this moment, then I can't say exactly how the price will go later. But if the team takes good initiatives then Polka dot will definitely move to a good position in the future

Not all currencies need to go like how Bitcoin does because the support is different from each investors and that is what the whole market is all about.


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

Polkadot is still holding strong at rank 12 , and now has 20+ percent increase so my question is how much are you expecting  DOT to reach ?

Yeah there is and it's not only one reason but probably more.

- Obsolete blockchain
- Non friendly blockchain
- It has lost its FOMO and hype.
- Polkadot users were not as high as when this blockchain became so popular in the past.


Im not so optimistic forecasting this coin because i don't like this complicated blockchain. My prediction is that DOT coin will get another big pump in the upcoming days. The chart has been showing signs of pump. It will be mooning soon. I will aim $20 probably the target for polkadot to be achieved first.

You should not think that all coins can follow current trends such as the price increase of the king of crypto, namely Bitcoin. That's why knowledge, experience and research are important so that we are more advanced and not left behind by those who already hold potential coins that have been prepared to welcome the arrival of the bull run

Just prepare your pockets well and be patient, DOT is still highly regarded in the crypto space. Maybe newcomers like to get a quick fix but please understand that its existence does not serve you, take advantage of your own opportunities.

Even though I don't have an investment with DOT, imo the upcoming phase will get it noticed.

Polkadot has risen around 172% since October 2023 while btc has risen around 127% at the same time. So what are you talking about?
Are you asking why it crashed so hard after ATH? There are ton of reasons for that, but main one would be that DOT wasn't anything special. It shouldn't have any reason to get to new ath, but since markets are dumb, it's probably going to do that as well at some point. But i personally don't want that crap to my bags. Even meme tokens bring more value to crypto.

And since biggest security issue in crypto for a while has been cross-chain bridge vulnerabilities, why would people want to invest to a coin, that's basically build around that subject?

Polkadot 2.0 is something the community is waiting for. It is not unnatural for some top project to move slowly at the beginning. All these projects will catch up later on, and I have also heard that Dot is going to be deflationary in the future. That means no more inflation, which will give it more potential upward momentum. Like dot matic is also not moving that much but it will eventually with its rebranding and new AGG layer update. Its just the start of the market and i think all the major coin like dot, matic, link will go up eventually.

Its ATH

makishart, noted, thanks


yes good point


O baby you turn me on  ;D


Yes, this is true.

What meme coins you recommend?



Yes, deflationary news likely provide bullish movement.
il check out matic, forgot about that one

The XRP coin consistently faces issues with the SEC due to its US-based owner and founder, who also hails from the US. Thus, investing in XRP becomes quite uncomfortable as whenever there's news involving the SEC, the XRP price is likely to plummet and experience a crash in its market value.

Agreed, My friends who hold XRP have been saying for 4 years, anytime now its gonna reverse... still hasn't happened.

Have you ever thought why they have not taken measures and steps to make their coins flourish in the market. Do you really think that they don't want their projects to get success in the era of this much hype of crypto. There can be several reasons for their lack of development and non technical aspects.

As you know that nowadays due to continuous change in the use case of the projects people are making some very good models.In this time it has become very difficult to compete with them with previous technicalities. Growing up nowadays is not easy and investing in a project which can't get you returns is not what the project owners want.

maybe there are still many improvements to polkadot. I like the coin from a network perspective, their ecosystem is good. but until now there has been no significant sign of polka dots. Having participated in last year's crypto trend, Polkadot had good value, after entering the bear season, Polkadot coins dropped drastically

Just  keep your DOT mate and lets see what comes , I also have some polkadot in my pocket and will keep them safe for the next halving after effect , I am assuming that DOT will at least double its price now in 2025 .
and I am enough to take my profit then.

Yes I agree with you to some extent. The projects that are authentic need some time for their resignation. As they are more attracted to people after getting to know their usage and how they are solving their problems. So it'll take time once it'll reach potential customers by word of mouth then they'll spread it due to its use ability and then it'll get some pump and investors as well.

Meme coins usually get a lot of hype due to its strategies to attract customers and maker Investors to invest and then suddenly get the project wipes off but the real ones take time to take off

There's future in Polkadot, we may not see every coin rising the same time others are performing well, each may have their own separate season for performance, but there's this confidence in it to rise to a new all time high, when you look at the market cap in it, you can easily deduce that its such a well performing coin and its season has not yet started does not mean that it wont perform more better subsequent time to come.

Polkadot when it was launched it was called as an Ethereum killer. Everytime when a cryptocurrency is launched with aim to disrupt the Ethereum ecosystem it always goes the other way. The reason being that every cryptocurrency needs a community that is always supportive. In polkadot case they started well but the community lost hope due to the delay in development of the project. Another factor which is feel was responsible for its downfall was that the developers couldn't maket it's ecosystem as they could have done. I don't see any new crypto being launched using its ecosystem for sometime now.

Polkadot coin is currently increasing in price although there is no sufficient reason for this, the biggest reason is investor interest. The more investors invest in the Polkadot coin, the more the price will increase. Although it is an old platform so if you keep investing Polkadot coins now, it will definitely grow in the future.

But polkadot is moving good in these days ?

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

though Like Ethereum the highest ranking Altcoin is still not getting its ATH so why do polkadot ?

many coins are still not working same as bitcoin but eventually or maybe at least next year? dot will go as you wishes.

it will come mate , but of course you need to wait for some time . expectation to be happening in the after halving season in which mostly happens year after  that Bitcoin miner halving in which bitcoin and legit altcoins like DOT is coming to their ATH.

I guess Polkadot hasn't brought the attention of mainstream investors yet. They're focused on the spot Bitcoin ETFs and the upcoming halving event in 2024. Besides that, investors are putting their money into rival smart contract blockchains such as ETH and SOL, leaving DOT behind in the dust. I've used to wonder why, especially when Polkadot has promising tech behind it. Parachains and Polkadot's modularity should make it one of the most scalable blockchains in the world. It could've challenged SOL and BSC by now.

Maybe the upcoming Polkadot 2.0 upgrade will make things better? If not, don't expect prices to rise anytime soon. I'd invest a small amount of money into DOT just to be safe. :D

I think this coin has lost its spark. Nowadays people have stopped talking about this. I personally don't know about the technicalities behind this but even in this bull run this coin hasn't performed well nor in the past. Analysts say that its price will be into a flat line even at the end of 2025. The market has been very volatile Nowadays but this project I think doesn't have the power to perform anymore..

Stop Investing into these coins who are flat but I'll advise you to get into the details what it is not able to perform and then keep an eye on them if they make the wrongs good then there might be a chance to get profited by investing in it.

The coin has lost his spark but it can get a big pump during altcoin season. I still hold quite a lot of DOT mainly because of the high staking interest you got but reaching a price of around 50$ (what it reached 2 years ago) will probably not happen.

Yeah, sadly it hasn't moved that much compared to the other altcoins that we have. But compared to the price last year, it has doubled already. You have to wait until it starts moving like the others because not all altcoins are going to move up together but basically now, wait until the halving of BTC is done and most of them are going to follow each other afterwards.

Polkadot indeed is holds potential to on top but it's bit surprising to see we haven't witnessed the rally in Polkadot which we have seen with other coins but we need to remember we are still in pre halving days and there are chances of altcoins including polkadot to make rally post halving when we are expected to see more surge in bitcoin's price. Let's hodl it as of now it does have potential and it won't take longer period of time for it to rally and multiply the profits once it gets going and I would say those who have missed to invest into SOL can utilize Polkadot as the rally is yet to begin.

It's not yet time for them to get the spotlight, but it has always been known as the leading blockchain in the space. I think compared to L1 blockchains, the DOT competition is showing a weak advantage, as most of the options are in spaces where investors can benefit, and speculation also takes time. With the belief that DOT is good, I think it will also be a hotly discussed L1 in the near future. I don't have much speculation about the price yet, but perhaps this period of DOT accumulation is still very good.

In addition to a bullish moment, Bitcoin broke its all-time high and made new highs. Right around this time the top alt coins have rallied but not as expected. However, some coins pumped more than I expected, such as Solana Coin. Polkadot is one of the top coins, these few didn't pump much. Currently we are in early bull season. If we invest in polkadot coins at this time and hold till the bull season starts at the end of the year, we can expect triple to four times next year's polkadot.

https://i.postimg.cc/vZSvRd2W/hmh46j4.png

Where is DOT? It has billion marketcap but it was not even able to be among the blockchain with most of transactions. It means that DOT has no demand and it can still survive due to the speculation only. DOT is not a good blockchain anymore. People are rarely using it now.
The parachain is a total flop, it has proven caused by dot is not also having a lot of TVL too. Its mean people have no interest to use DOT as blockchain to did regular transactions everyday.

I think dot2.0 has certain features that will allow it to scale into the market a little and it could impact its price as well. The feature of block space allocation is something that can make a huge impact because it will ease the process of new projects entrance into the polkadot ecosystem. The polka dot new update will potentially help it to enter web 2.0 and even web 3.0 frameworks.

I think these updates will enable the developer to avoid any kind of design problem that will arise in future. It will ultimately lead to the price hype of polka in the near future. This project has not done well in the past but I think it's better to invest some assets in polka to have a safer site.

I agree on that because DOT is not like any other coins that can only come and go but it stayed for a reason and that is it can provide a solution to the known problems of cryptos and the blockchain. Besides, the bull run is only getting started and there is more to come from it. The BTC price is still coming back to above 70k which means people still keep buying

We still have plenty of months left before we end the year and I'm sure that the after-effects of the halving that you are talking about there will already be experienced. My prediction on the year of 2025 is it may now be a bear season again but if you are that patient, this may not be a problem to you.

Where were all these coins were hiding. The present price of Polkadot $9.78 and that is a good price in the cryptocurrency market. And for me coming to this altcoins board has educated me a lot of coins and I have learnt a lot from them. Though I don't know when the coin project was created and launched into the cryptocurrency community but from the market cap the future of this coin is very much bright. But I will still make a rigorous investigation before I can invest in it if I wanted and also recommend it to someone.

With a lot of new competitors right now, I am not really hoping with Polkadot now. Before, I supported them especially when Gavid Wood was still on the project.
The technology behind this project is superb, but the adaption seems low compared what we have right now that alternative to Ethereum which is layer-2 networks.

I guess the Polkadot team has done a terrible job promoting the cryptocurrency (DOT). Perhaps, Polkadot is one of the few projects driven by utility instead of hype. It might not have demand compared to other Blockchains, but its approach to scaling is quite promising. I sure hope it stays decentralized forever. The market is flodded with many centralized "shitcoins" overhyped by VCs, and whales alike. Polkadot could prove itself to be a viable ETH alternative to those looking into security, stability, and reliability.

With the upcoming 2.0 upgrade, it's expected things will change for the better. What I don't like about DOT is the huge number of coins in circulation. Maybe that's one of the many reasons why the cryptocurrency struggles to reach a new ATH? At least, Polkadot does the job it's supposed to. Who knows how the project will fare in the long run? :)

I don't agree that this coin has a very good and bright future. Yes it is a good project to get a small investment and get out of the market after making 1 or 2 percent on your profits. As today the price altered by 4 percent. It was launched back in 2016 with a capital of billions and still 30 percent Is holded by its investors.

If it has a bright future it would have done so far so better. It had a high of 44 something in 2021 but after that it crashed very badly. I think it'll topple here at that price until and unless it can do something good hopefully in 2.0 update.

The problem is investors are paying attention to overhyped "shitcoins" (cough cough, Solana) instead of those with real utility and promising tech. SOL has been a constant victim of network outages, yet market prices go up because of the hype. "Meme" coins and the sale of so-called "crypto-powered" smartphones contributed to the increase in SOL's market price. Polkadot, on the other hand, isn't that lucky because of a poor marketing/promotion strategy from the team. Developers decided to focus on providing real utility instead of hyping their project.

Without "meme" coins or NFTs launching on DOT, demand for the cryptocurrency will remain low for quite some time. Maybe there's hope with the upcoming 2.0 upgrade? The future can't be predicted, so lets hope for the best. ;)

I can't follow bitcoin's bull mood yet because just waiting for a new ath. Although the old top altcoins are always the best investment for the long term, buy with time. Now almost the token price has gone up so you can't afford to buy at a lower price even if you want to. A proper planning and waiting can make your crypto investment profitable. Also you can buy some memecoins if you want because they can give you good feedback anytime.

Major altcoins will be slow moving in terms of price action this is historically proven. In the last season all the major altcoins moved very slowly compared to mid range and low cap altcoins. But when the right time comes, they move up very fast. Dot will also perform in time and when it does, there won't be time to hope into the journey. Halving is near so i don't think we have too much time before the market started to move upward. Its just a matter of time and some catalyst events before the bull run is initiated.

its indeed so weak with DOT not having that much transactions going on their blockchain its as if people only remember it for investment only and thats it no utilization of the blockchain for real use case its unlike most of emerging blockchain nowadays that always put tps, or anything related to utilization of the platform in the first place.
personally though I don't think that kind of investment is gonna be a good investment we all know that in an investment where it might hit all time high it always requires some kind of event or hypes, if polkadot just stay like this its not overexaggerating to say that eventually its gonna be replaced by other coin.
polkadot blockchain is dying, nobody uses it and thats how exactly all the former top 10 coin back then in few bullruns back are tanking and get replaced easily by new coin like solana and the likes.
it needs to regain its standing again.

its gonna be okay if the major coin is also having big transaction in their blockchain but this one is different case polkadot is simply put under utilized.

Polkadot is one of the projects that was heavily promoted by Binance as something that could be an alternative to Ethereum, and it was even better than some of the alternatives that compete now, such as ADA, but Polkadot was unable to achieve continued popularity, and Binance moved to promote other ideas, which is Shiba Inu, as memecoins was at its peak at those times.

In the recent bear market, Polkadot did not succeed in attracting attention and is considered a non-friendly blockchain despite the low fees it provides, but strong projects in terms of fees have emerged, such as SOL. All of these factors made all of Polkadot’s features available in a different blockchain and thus it did not gain any momentum.

Yes I agree with you to the extent that halving is near and we should seek an eye on different altcoins down but the question is that is dot worth it to invest?

I think other altcoins like ETH, SOL,BNB,Cardano,XRP etc are way better options then dot to invest. These coins have proved in the past that they have some very strong fundamentals and they are more worth it to invest then dot in think. We should look more at them as halving is near rather than a project that has a very weak performance history in the past.

The bullish moment of the current crypto market saw Bitcoin price rise to the highest level we have seen. There are many coins around this market hype of Bitcoin like Ethereum, BNB, Solana among the top alt coins have pumped most of the coins but we haven't seen Polka Dot Coin perform like that. Dot is one of the top coins, I think the coin may go higher when the bull season starts after the bitcoin halving. I think the Dot is not lost yet, investing in this coin will have to wait a little longer, hopefully next year's coin can change its character.

Investors preferred Solana on top of Polkadot because of its cheaper fees and faster settlement times. SOL was overhyped, while DOT was only known among a small few. The lack of a strong marketing/promotion strategy, has led Polkadot to where it is right now. I'm not sure if the upcoming Polkadot 2.0 upgrade will save the project. Developers aren't building "meme" coins or NFTs on the Polkadot chain, anyways.

Without something that would "pump" DOT's market price, the project would be nothing but doomed. At least, the coin delivers as promised. The crypto market behaves in many strange and bizarre ways, so expect the unexpected. ;D

Not only polkadot but other major alts like matic, link, xrp and some others are also underperforming till now. I think its common for all major coin in every season. In the last season we have seen how majors alts were slow moving in the initial phrase of the bull market. But when people started joining the market and all of the media started talking about crypto all the major alts also started moving as well. I am expecting a similar scenario this time as well. Also Polkadot 2.0 can be a game changing for the dot community.

But Dot days have long passed though it stayed in top 20 rank yet not moving as how
much this increases last halving  and see the drop now at 11% in the last 7 days

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

but this coming halving and the soon bull market , Polkadot is one of the most awaited
to make a growth sooner that effect.

You may not see the effects of the halving immediately. it can happen for a longer time. those who trade will prefer new assets with more favorable fluctuations in a short time. DOT may rise when BTC also makes a big pump. and that means it will coincide with many other altcoins.
I'm not that focused on DOT. I held it for a short time. a little profit then I sell it.