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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 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

Learn what this project does. It is not a competitor to Ethereum or Cardano, but only expands the capabilities of blockchains, thanks to its crosschain technology.
The future of such projects needs to be monitored, and it is also necessary to understand that the project has 2 different tokens
Polkadot NEW and Polkadot OLD. Polkadot NEW turned out after reduction of the price of Polkadot OLD in 100 times.
https://polkadot.network/

Personally i expect a lot from the polkadot, the project brings a cross-chain solution to the market, and that will be in great demand in the future. They prepared for a long time, but finally started

This Polkadot had old and new tokens and both are not of the same price from coin sites. Though on Aug 21 there seem to be a kind of calculation that reduced the price to $4 plus. But the whole calculation thing is very confusing. Does anyone know what happened?

Polkadot is a very solid project, which might be undervalued right now if you ask me. I've been trading it and also considering to go long term on it. I tried doing an arbitrage hours ago with DOT from binance to Kucoin but withdrawal was disabled on Binance, I think they already spotted the price gap between the two exchanges. I'll still check DOT chart to take position later on. I doubt if there is any altcoin out there which is Ethereum's big contender, so many have been hyped to beat ETH, but fade after the hype.

https://cointelegraph.com/news/web3-foundation-holds-off-on-100x-polkadot-redenomination
"The DOT redenomination vote was originally initiated in May 2020 in order to avoid using small decimals when dealing with DOT and to achieve an easier calculation system. According to the Web3 Foundation, the change would bring “the ability to deal with more ergonomic or human-readable units, like whole numbers rather than small decimals.”

The first referendum on the DOT redenomination was carried out in May, offering users to choose whether or not to redenominate DOTs on Polkadot in a 1:100 ratio. Announcing the vote results on May 14, Polkadot said that the Foundation decided to not sponsor the redenomination despite the referendum recording “very little dissent”. "


https://cointelegraph.com/news/polkadot-to-run-final-dot-redenomination-vote-with-real-dot-tokens
"100x split option is the biggest supported option so far
According to live vote results shared by a spokesperson at Parity, the option “split of 100x” is leading the referendum to date as of press time. Specifically, the 100x split option has about 200,000 DOTs voted, while the 1,000x one has about 95,000 tokens. “No change” option has apparently been getting the least amount of support so far, having collecte about 40,000 DOTs, while a 10x split has about 55,000 tokens voted so far. The vote will officially end on July 27."

https://polkadot.network/results-of-dot-redenomination-referendum/

keep an eye out for Polkadot NEW
https://coinmarketcap.com/ru/currencies/polkadot-new/

This is the quickest move so from a New coin that just hit the market. Listed on recently on exchanges and immdiately hit the top ten with huge marketcap, volume and exchanges. it most be a serious contender of ethereum. it is becoming a problem that ethereum can not solve the current issues on its platform and developers are seeking for alternatives.

I think it's just a bug from CMC, currently Polkadot New is at Rank 2155. I didn't follow Polkadot but for a moment I was shocked when Polkadot was in the Top 10 position, I didn't follow Polkadot. And for Polkadot members/hodlers, hope you find success there.

Noticed that as well. I'm confused with those. But as someone who's not following this project, they probably have upgraded their chain. I'm also confused as to why it's on top ten list. As I check it, there's no polka dot on the top ten of CMC.

I don't follow it too but thanks to you, I understand it that it became a top ten for some reasons with a glitch from CMC but now, it's not anymore.

These days look so crap for crypto as so many new coins appear with so many supplies but they were unlocking the small supply to be distributed in the market to make the price will be so high.
Polkadot didn't even prove its product and people are out of their mind to buy this crap coin.

Every now and then one token or the other is or will be a biggest contender to Ethereum, we have been hearing this for a long time now and yet none has been able to beat Ethereum from that position, so it would be better we just stop the comparison and allow the projects prove their worths and capabilities. If Polkadot has what it takes, the right team and all that, let them keep developing and climbing the rank on coinmarketcap, it is actually a good thing as it will make other projects team serious. Lastly, we should remember Ethereum team aren't relenting either and that means they will keep working and maintaining their position. However, time will tell.

ethereum will have good rival in their smart contract platform performance. at this moment, most of new project use ethereum platform that was easy to create and audit. but now when polkadot occur it will bring new competition on smart contract service provider, recently mantra dao which is under polkadot have big success in  market.

I just heard about polkadot a week ago and in my opinion it's not fair to have reached the top 10 of coinmarketcap, after I checked it was still in position 2155, that's still far. But slowly polkadot will enter the top 100 of coinmarketcap because there are already many large exchanges that support daily volume.

Only rare projects can open up crosschain opeability. How many projects can build a bridge from different network? I think thats where they are going to advance. We can see the demand and performance of all polka grouo projects on their substrate and clearly investors are favoring these. Take a good example sor, mantradao, and any line up on polka ecosystem.

Not sure but I think they are gonna be the trend following these defi hype. Binance top leading coin for now is dot. So check to believe, review yourself and see if its worth a penny or just simply another hype project that cryptomarket buzzing now.

New hyped project. Sadly, not to buy it on bitfinex after listing because they not implemented card buying option via ownr for this project

this coin has been hype for a couple years now, it was in top 20 even when it don't have a blockchain to prove, deep pocket whales could turn any shiit project into a shining star, just saying.

I am not following its price action closely but Polkadot (New) being at #2155 does not mean it is actually at this rank, it means that its circulating supply is not yet known/entered (at least on CMC). But as I see on Coingecko, it is in fact at #9, so it was not a bug on CMC. I expect DOT being in the top 5 in the future, its a huge project.

That's quite impressive actually, not that many alt can push forward that high up to top 10. Especially lately polkadot has been quite in the high ground for being a good project platform, or so they say. I've been hearing about polkadot a lot lately and I think it's no wonder then. Well, we'll see how far this one can go and might be another great alt to surpass the others above it.

I never heard of this token before, maybe I am outdated right now, so is this platform completely just like Ethereum or there are some differences between the two??
how old is this project, can you please give me brief highlights about this project, or maybe point me to the right direction to understand the details about Polkadot, the name sounds catchy!!!

OR, maybe it is because of the support of the community and the developers that are working hard enough to show the world that any coin can break the top 10 barrier if the team is dedicated enough to work that hard. In the end their efforts have paid off really well for now.

The total MCAP is not yet calculated but when you were visiting another site like coingecko and you will see how much the real mcap of this coin. This coin is the same as EOS which used the total supply to make it placed at the top price.

How Many coins had been released to claim being the next or can beat Ethereum yet all fails?i don't know about this polkadot but Cardano is one good coins to Keep holding,Now falls in Top 10th currency but this has a future .
Why not available in OWNR buying?
they missed ownr users if this is indeed.

why not buy using fiat if you are really interested in having this coin?
well 2 years is long enough to prove their capability to bring progress about the project and the team.

Actually Ive been a follower of polkadot. The price seems okay and judging from the current market is reasonable to be on top mcap easily as the coin has been traded on top market with huge volume.

I can see that whales are finally shifting to dot and probably setting up position. There are too many altcoins that needed to be keep on check. Cmc details are sometimes flawed and displaying wrong information. But in my opinion, its natural for dot to be on the top already.

But dont ecpect accuracy since the coin has been redominated from the old dot.

I need to get serious with Polkdot and the tokens launched on its platform. When friends were drawing my attention to it, I didn't feel any need to invest in it, I may as well be looking at it and hope I don't end up buying the top.  But why was the coin re-dominated? And its effect on future growth.

It's surely a new coin as I never heard of this before, and it's not right to think that a new coin that just recently pumped up would already become a thread to ETH. It might have a better system (smart contract) than ETH but it would not beat the community that supported ETH which was established through time.

Can you please tell me what site you are using as I don't see it in the list yet. (https://coinmarketcap.com/)

I can see it buy there's no ranking yet.

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

Quite confuse on the two, that showed my first time to know this coin.

can someone tell me where to buy this Polkadot and any info on the project like its sites , potential etc. I'm hearing about it for the first time .

You can see the list of exchanges where it's traded here.

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

here's the website

https://polkadot.network/


I guess most of us just heard of this project, it's interesting that as per its graph, https://coinmarketcap.com/currencies/polkadot-new/.. it only started recording August transactions.

Polkadot is not that new, but started trading on BNB recently, and that is why it surged to top 10, because all coin tracking websites actually put circulation supply token numbers and then market capitalization that was unknown surged to mark their spot within top 10

actually, it is now number 7
https://www.coingecko.com/en/coins/polkadot
surpassing LTC and ADA, and heading to number 6, held by BCH

I think it can be ETH Competitor,
as we know a lot of successful projects at this moment are linked with the Polkadot ecosystem such as LINK, REN, ANT, ZRX, etc.
 

I think that this project is really already a serious competitor for ETH and I even think that it may become more popular than Ethereum. I already  buying Polkadot now

I know dot tokens have been experiencing a massive increase in liquidity lately. I noticed they're the top gainers in some exchange today. I really don't have information about the project, but it's surely taking the cryptocurrency space by storm. I hope that the project does not rest on her mission to become a contender with ethereum.

I feel that it is not as easy as you think because ethereum already has a lot of use and many projects are created from the ethereum platform while polkadot is a new project that not many people use it means that its price and popularity can never beat ethereum.

I respect polkadot as an authentic project and maybe after a long time we are seeing an authentic project with innovation and advanced services for crypto and blockchain but it is too early to call it a winner and nam8ng it as the best. Lets wait and see how it goes.

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.

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.

more erc uniswap vapourware shit lol

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.

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 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.

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.

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.

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.

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

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

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.

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.

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.

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.

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.

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

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.

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.

this polkadot pump could go to $10 or $20 easily, see how the crypto manipulation work. i had witnessed many of these and remembered mr. gavin wood is the father of ethereieum and seen he had left ethereium it is now a messed! ethereium can't go forward without mr. gavin wood.

ethereum team were nnot mr gavin wood only, there another core team have same quality or even higher quality in blockchain developtment. it think its opinion exaggerating for us. we know polkadot could be great platform , but dont forget ethereum do developtment too in their platform. everthing changes now .

what you don't know is smart contracts concept was invented way before ethereieum by nick szabo and code into ethereium by gavin wood. wood invent virtual node, solidity language and the etheirum smart contracts. vaterlick just give idea and as a front man for eth, the force behind eth really is gavin wood. seen gavin wood have left eth it is now running dried and the eth2 probably not going to happen anytime soon. just some fact and basic information you should know.

Not really a technical  guy but based on what I read it looks like polkadot will solve the scalability issues present in eth . But the problem is interoperability as most dapps are on eth now.

They completed their sale about a month back at 125 USD per token which has not been re-denominated. So if you bought 1 at 125 USD, you now have 100 at 1.25 USD each. Technology-wise, i don't see anything different from the likes of COSMOS or others talking about Interoperable blockchains. They have the concept of a relay node and formation of parachains by "locking" the native token. This is the same concept as that of  sidechains. The consensus mechanism seems to be dPoS of some sort but not really clear on that. All in all, nothing new. What seems to be going their way is the slick marketing and network of partners to build on the project.

The re-denomination sending them to top 7 is pretty much a manipulative exercise in garnering attention. The token also got listed on Binance and bitfinex so obviously a lot of listing fees were paid. They are also giving away grants for developing using the platform which is a good opportunity for developers who don't mind switching development environments at the drop of a hat these days. With DeFi heating up, this is all set for another wild ride.

so ethereum team face serious problem in gavin wood left from ethereum core developer. progress developtment for ethereum 2.0 could delayed for a while, and if its really happen market will give bad response for it. is it really no other team have good quality like gavin wood at this moment?

probably a scam:

https://cointelegraph.com/news/web3-foundation-holds-off-on-100x-polkadot-redenomination

we go out of the bear market, and soon new manipulations arrive.

Polkadot is only seen on coingecko and thats where BNB is displaced in top 10, whereas Polkadot is does not apear to list above BNB on coinmarketcap. Polkadot almost got full dilution which could be the reason for the high marketcap and I think it could distracting information. If binance list DOT and also owns coinmarketcap with possibility of been bias, I dont understand the reason for the difference in chat position.

it is true that you said, polkadot can shift BNB only on the coingecko that is visible while the coinmarketcap is not true.
I think it's very difficult to shift BNB out of the top 10 tokens

It looks like you didn't not even understand if MCAP is not yet determining the total marketcap for DOT but when it was doing it and then DOT can surpass BNB instantly and all of the information related DOT token is fully explained in CMC. It will be fully updated very soon.

Simple math, if the total marketcap of DOT can surpass the total marketcap of BNB the shifting will happen. The same is true for all other top altcoins too. The Coingecko also has the APIs from different exchanges and additional tools for comparing the price/volume/marketcap. TOP exchange's data is more reliable, so I will wait for the settled dust before thinking about to invest PolkaDot or not. BTW, you can't learn investing with try and fail methods.

Top ten volume coin on coingecko right now, but on CMC Rank 2169, maybe some typo! There is mixed feedback, some of the tech guys shown doubt while others optimistic. Is DOT going to make it's hodlers more beneficiary or yet chances left to pick some?

It's not typo but it's not yet updated by CMC and when CMC will be updating it and it will have the same result as what data that has already showed by coingecko too. The circulating supply, price, and total supply that have already showed by both were the same.

DOT has already made a very great progress. I think that this question must not be asked again.

Actually I have been hearing a lot of noises lately, in reddit specially about this Polkadot and I'm thinking that this could be the next LNK or something. So it's interesting where the project will take off, I'm not saying that I'm going to invest, but I have to look at it closely and do my own investigations and see how it goes. It is sounds viable then why not, I'm just afraid that it could be another pump and dump coin though.

The Polkadot ecosystem is getting bigger and bigger by day and it seems that creating a DeFi project on it is the new way to basically ensure your funding. Anonymous team, no working product, sub-par whitepaper? No worries, its build on Polkadot, lets go "all in"! :D

this seems to be an issue on both, Uniswap and Polkadot, but also on other hyped projects, DeFi is the new name for perspective projects, and you just add it to your project, even if you are building a bakery, and people will invest, it was the same .dot bubble in nineties, but this is a new generation of people, that have to learn by-themselves, they do not want to listen to others

Yeah Ive noticed the hype on this project almost all of the projects related to their network are starting to pump and gain massively. I just wished I had some of those tokens too. If the polkadot network starting to run their own soon probably this will be the greatest contender on the ethereum network.

i do not understand what you think, DOT is a native token of Polkadot network?
what do you think by, if polkadot network start to run their own, they have a project and a token, and it is a platform for other projects

solid project? can you please explain to me. what exactly makes this project solid. many doubted this, because before this project could not fly high, but now this project can be in the top position. So I think how this polka dot project will continue in the future?

for those who think that splitting the coin by 100 is sufficient to multiply the capitalization by 100.

It is a key skill for any businessman to see the opportunities and realize them at the right time. The Polkadot team has this skill and that is why they will be on top very soon.

Polkadot team is made from members of Ethereum foundation, lead by Gavin, which is very good from my point of view, and momentum for release of their platform is great, since ETH2.0 is late and they could pick-up maximum attention at the moment
what will happen in six months, nobody knows, we can just create our own strategies and try to earn on the market

Got myself some Polkadot from Binance . the investment grew 20% in just 1 day . lets hope this is a good one and not another DEFI bubble .

Wow thats cool a new cryptocurrency that was made into top 10 sounds interesting, I never knew about PolkaDot before and I only aware that DOT tokens exist in the market from my Imtoken wallet 2.0 notification about its new Dot token in circulation and the Imtoken wallet was supported it. But when I read this thread I was amazed because it was priced above $6 and listed in the top and well-known cryptocurrency exchanges what was special about the Polkadot platform I think its better to do a little research about it to know more.

So much hype about polkadot, that i just had to buy some. Luckily it's only around $4 (at the time of my purchase) but has pumped since.
It's relativly cheap considering it might do as good as ETH or even better. So stock up

I think that The coinmarketcap rating will change in the near future. Now there are a lot of projects that cover all aspects of decentralized finance and the development of which is a HYIP. Many of these DeFi are already in the top 100 of the Coinmarketcap ranking, and some of them are already in the TOP 10.

I think that Polkadot worthy competitor for Ethereum! They have a good development team, a similar algorithm for the network... Buterin used to talk about them a lot... And now a lot of projects move to Polkadot from Ethereum... That is, the project is a success at the start, which is not less important!

could you provide some list of those projects that move to Polkadot from Ethereum, i did not saw that there is a lot, or did not saw that any well-known project is leaving Ethereum for Polkadot at the moment, would be interesting to see which are those

currently, DOT is traded on more than 6+ major exchanges such as Binance, Huobi, and Kraken...
although it is classified as a new coin, this coin has very good potential in the future, very good for collection.

IMO, a bit pricey for collection at the moment.  When the buzz will set down it plunges. This always happens with all tokens no matter  how good the supporting technology is. And then one could think of a collection.

Little amount can be invested din DOT coin and its above 6$ now. It is showing some positive upward trend and from past few months also has being giving positive returns. in last 24 hours only has moved 5%+ upwards and for short term atleast one can stay invested and boo profits once they good returns on this coin.

The projects are still feeling confident to use ethereum platform but there are some new projects that has already stated if they will be using polkadot platform for the tokenization purpose. As far as i know if stafi will be using polkadot platform but most of new IEOs are still prefer using ethereum for the tokenization purpose. I also didn't see any project that build in ethereum that will be moving to the DOT platform.

I have been heard of Polkadot for a long time，but i never have taken my time to know about the information of Polkadot due to i had missed out the ico of Polkadot. But from the discussion of others, i think Polkadot maybe is a promising coin.

eth founder talk straight to the team of the polkadot or you mean buterin only mention polkadot on his posts online .

whenever it is , both are still influencial and can bring some positive effects to polkadot project . that move done by buterin , makes him look friendly and not scared to what possible things can happen on eth when people realized how good polkadot was .

Absolutely right, anything can happen in 6 months.
However, Ethereum has been on the market long enough to inspire confidence among many crypto enthusiasts. And we have to wait for the transition to 2.0 to evaluate the work of the development team.

IS it worth to buy polkadot now ?
I cannot find any ann thread about this coin

I'm sorry, I really hurried up talking about many projects... Personally, I've heard about a few noname projects that will switch to Polkadot... I can't tell you the names now, but they exist! ;)


Yes, I said that Vitalik often mentioned Polkadot...

I have been hearing some talks about this project and it seems many people find the project interesting and worthy of investment, am amazed at the success of the project, i think this can be a good long term investment, who knows what the price will be by 2021.

Checkout the Coinmarket Cap right now as Polkadot is enter into a top 5 coin. In the meantime investors and traders turn into double/triple or much more their money with Polkadot. Maybe Its the hype that driving price up but who cares if it can double your money.

It coming to the top altcoin list on CMC is very unexpected for me. I didn't even know what is this coin about, old dot, new dot or whatsoever. I thought it was another DeFi hype coin like the YFI coin before actual learn about it for a bit. So coin come out of nowhere just because it was a coin with the smart contract platform similar to ETH? Does that sound enough to justify its position right now at CMC? Nope.

Well, actually, quite a few coins were in the top 10 CMC... The same ADA, XEM, EOS, XLM... And how are they worse or better than DOT? It's all about hype! ;)

okay, you said it clearly;
success will be for this one or another one, so no hurry to precipitate inside.

All the hype around Polkadot is coming to an end now and this is when the action starts, people also need to remember that some new tokens will enter into the space too. If the team can convinced ethereum developers to choose their chain to build then this is a first start, if nobody move, it is just going to be the dead chain like Tezos, Waves, Lisk, EOS, and all the hyped Ethereum killer that failed to leave to expectation

This is surprising to me, altcoins that were previously abandoned and untouched by many people,
are now hidden gems that have proven that, congratulations to Polkadot holders, you win

There are many coins that entered the market and moving up and i noticed about Polkadot just a few days back and when i checked the entire list i saw many new coins in the top 30 list which includes UMA (UMA) Aave (LEND) Celo (CELO), i have no idea about these projects and i never cared to check everything but i assume that everything is DeFi related, just want to see how long these coins will last in the list.

That's serious why this market now in a bearish trend. When everyone only cares about coins that got an insane pump and invest in it, think they will make a quick buck from it. It was the YFI and now this Polkadot coming out of nowhere and at the top of CMC really makes this market become even more volatile and unstable as it already loath with it.

Though Crypto volatility seems like a price wringer, the recent DOT price rise seems due to its increasing usability, renumbering, and a strong technical vision.

Even eth itself is over hyped project, look at what we suffering with the high rate of fees, who is benefiting from this high gas fees, certainly not an ordinary user like me, my only service from eth network is to transfer my ERC-20 but even that too is becoming impossible, so what exactly is making the price over pumped! Even eth is over hyped and priced.

I think redominating a crypto project after a year purely as a means to increase marketcap and marketcap rank is despicable and not worth bragging about.
I also think coinmarketcap lost a lot of trust, when they implemented this change on their website.

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

Now it is just waiting on the next crypto project to do some redenomination of their own, just to increase marketcap and rank.
Coinmarketcap put the door wide open for that.

actually just like LINK and and SWAP  this coin is making its way up but still questionable for me.
I don't think this will continue in up trend and consider as dangerous for long term investments.

Mind sharing that airdrop link?

Polkadot surely is a promising project but the hype on their coin price is largely due to the Defi craze and as it's correcting now, it's price is bound to go back. Another reason why I don't think their coin would stay on top 10 for long is the large reward they are paying for the coin holders. With excess of token, there's be an inflation bringing the price of coin down. If they keep on getting success, the total marketcap could be maintained.

This is the link that will redirect you to the polka discord https://discord.com/invite/wGUDt2p

I have been searching for this airdrop and it looks like that i don't find any information related to the airdrop. I think that you are getting the fake news about that. I never seen the developers were stating if they will create the airdrop.

Polkadot (DOT) might easily be better than Ethereum for they are from the same grounds of play and they have worked on the old problem with a fresh perspective.Cross-chain interoperability $EOS, $BTC, $ETH, $TRX, $XPR, more blockchains in the future. Transfer assets cross-chain would be possible with Polkadot.
Investors are getting excited about projects building on Polkadot. The blockchain's scalability and interoperability have attracted scores of projects, with many due to launch soon.
The Polkadot ecosystem they're building could rival Ethereum, but could also complement it.
Here are some Projects Building on Polkadot :
https://decrypt.co/45769/here-are-the-most-exciting-projects-building-on-polkadot (https://decrypt.co/45769/here-are-the-most-exciting-projects-building-on-polkadot)

It's shocking to me that Polkadot made it to top ten, I have other new projects that I thought would make it to top ten but it's all dreams, I never thought this Polkadot is that good, I have too high expectations for coins like Aave and Dia but they failed to reach that expectation.

Because of huge numbers of altcoins platform existed, you'll never notice that someone out there are good because we mostly focusing on the old platforms. What Polkadot did is to show that they are more than a dead project created, they have the potential, and certainly, they can compete with others even though they are new to the market with a small number of investors.

However, just like we mostly do with the other platforms and other forms of investment, we still be careful in choosing a project to risk with. Even me, I wasn't confident as well with Polkadot at first but it seems they are doing good and I don't feel any regrets investing in them.

yeah, it is very interesting topic and number of projects on Polkadot is rising, although it is bold to say that this number is even close to Ethereum, and most of the projects are in early stage or test phase, Ethereum projects are developed, used and live at the moment
nevertheless, one should look for the future, and there is a tone to see on Polkadot network, which could propel it to new frontiers

for those not willing to read the whole article, since it is a long one, i will mention best projects currently developed on Polkadot:
live and trading:
- Edgeware - self-upgrading smart contract platform on Polkadot, currently not doing well after some hype early on (https://edgewa.re/)
- ChainX - inter-chain bridge, that is also down 70% from the top in August (https://chainx.org/)
- Stafi - Stacked Finance, first DeFi on Polkadot, down almost 80% from a month ago (https://www.stafi.io/)

from the article, ones that are not traded at the moment:
- Acala - para-chain optimized for DeFi, currently on test-net, all-in-one DeFi service center (https://acala.network/), it is important to note that there will be no public sale of tokens, beware of any scams
- Moonbeam - provides Ethereum compatible smart contract network on Polkadot (trying to get dApps from Ethereum), as well in testnet (https://moonbeam.network/)
- Kilt - web3.0 credentials protocol project, started in Germany, Demo client is live, foreseen for IoT on web3.0 (https://www.kilt.io/)
- Plasm - scaling dApp platform on Polkadot Substrate, PLM native token is distributed through lockdrop, in two waves to ETH stackers, with more than 137k ETH locked (https://plasmnet.io/)
- Litentry - identity authentification and aggregation project, there is no public sale as well (https://www.litentry.com/)
- Interlay - bringing BTC to Polkadot DeFi (https://www.interlay.io/)

so, there is a lot to choose from, but one should be careful, since the destiny of top three currently active project is that they were down a lot after hype in the beginning

gavin wood polkadot is co-founder ethereum, and he has huge role on eth

with 3 years ico holding sure less dumping and many investor maybe forgot with their investment

polkadot is the next eth they wont compete but doing different way side by side attract more crypto enthusiast join the ship

thank you for explaining.
the present status does not justify the position on capitalization.

Polkadot a blockchain protocol that has two goals: to provide shared security among all connected para chains and to allow all connected chains to interoperate by using XCMP.

who is that gavin wood your talking about , is he the founder of polkador or eth ? you didnt write it clearly bro . and who have that 3years ico ? thats long and i never hear an ico that last longer than that  , woth that long investors will really forget what they invested with and after the ico they also need to wait for the listing and the develeopment of the price .

this is the best of what you have said . i like it when coins dont compete to each other but they only combined thier forces to pull more people on this place .

This is amazing, I didn't even expect it to be this good. Polkadot surprise this month, surely this will continue to fly. It has been a long time since I heard of a project this good that able to shift the old coins/projects.

Binance has now listed the DOT token and the price has risen by more than 47% in the last 7 days.  Binance introduced $10m fund to support new projects.   

Here is announcement from Binance blog-  https://www.binance.com/en/blog/421499824684901412/Introducing-a-$10-Million-Fund-to-Support-Projects-in-the-Polkadot-Ecosystem

I'm not confused yet, serious contender to Ethereum? Think again, Polkadot needs to defeat EOS, NEO first before aiming for Ethereum and also Polkadot is new, the end results depends entirely of adopters and developers, maybe they will favour Polkadot over Ethereum in the future is unknown right now

Polkadot gains more than 34% in the first week of altseason and it's now the seventh-largest token by market cap which shown a daily rise up to 22% more and with a capping weekly performance of nearly 34. It has been said also that Polkadot is built to compete with Ethereum.

In general, I have never seen anything special about Polkadot, because from the start I was not interested in Polkadot, my suggestion is that you provide a more complete explanation of Polkadot and the reasons why Polkadot are so unique and can be used as a long -term investment.
because market capitalization can be obtained with FOMO not from the technology owned, so let me know what the unique technology Polkadot has.

Please do some basic research about the coin before writing comments just to earn signature money.

Polkadot is really good to be honest, I'm sure it's future performance will be big and may probably take over the position of few top altcoins too, another great project from 2020 is Avalanche, honestly I don't expected new projects to be this capable, either ways it feels damn good and I hope more good projects will find their ways here this 2021

Remind me to come back here in 3/6 months
20 billion dollars marketcap I predict and it will dethrone xrp of the 4th place

I'll post a link to my last post on polcadot.
https://bitcointalk.org/index.php?topic=5305730
Are there users here who have invested their coins in staking?
This coin has a huge functionality and given the high fees of Ethereum, this coin can be very popular with investors.

yes, I saw Polkadot price increase 79.40% in the last 7 days and that made Polkadot into the top 10 on coinmarketcap, but if you say Polkadot is a serious competitor to Ethereum, then I think it's still difficult for Polkadot, because in my opinion nothing can beat Ethereum and of course the project from Ethereum is the best for now, because there are still many people who use platform from Ethereum (smart contract).

Polkadot (DOT) is now on 7th rank in coinmarketcap. Within few months, DOT has drawn attention of huge investors, crypto lovers for their better performance than others. Many experts think DOT is one of the promising coins which can be the next Ethereum. Time will say what will do but still now its trend satisfied me. I am also eager to invest in DOT.

Polkadot Analysis
https://bitcoinheat.com/wp-content/uploads/2021/01/dot-4H.png
Polkadot Coin (http://"https://bitcoinheat.com/2021/01/05/polkadot-coin-price-prediction-2020-polkadot-coin-analysis-polkadot-crypto-dot-coin-chart-polkadot-dot-value/")

yeah, and it is hard to expect from DOT to do the same, ETH is above all the competition for the moment, but market capitalization is providing the same information as well, although there is only few positions between ETH and DOT, ADA, there is an order of magnitude difference in market capitalization, where as ETH is around $100 billion and competition is not reaching even $10 billion
nevertheless, some competition will get their breath, and stay within top 20, which should provide sufficient gains in the future, while others will go out and probably fade-away

Polkadot is a strong undertaking, which may be underestimated at the present time . I've been exchanging it and furthermore considering to go long haul on it. I question if there is any altcoin out there which is Ethereum's huge competitor, so many have been advertised to beat ETH.

About Polkadot heard a lot of positive reviews. Some believe that the DOT will shift the Ethereum with the second position, and take the place of Alcona leader. But recently, so much information about the killers of ETHand Bitcoin. The project as a whole is not bad!

I'm not surprised that DOT can enter the top 10 and even could be in the top 5. Current DOT growth is good many investors have invested because DOT is promising project

Obviously with DOT i believe it deserves a rank in the top 5, look what they have done during their time in the market. In 2020, DOT was really successful and brought a lot of fame to Polkadot, by 2021 i think DOT is really an ideal investment, current price is $ 10 for 1 DOT but this will change soon. As time goes on, it's actually still increasing.

https://polkadot.network/rococo-v1-a-holiday-gift-to-the-polkadot-community/

Rococo test-net is launched just prior to new year, and that could be the reason for price spike, with all-round green market as well, DOT underperformed BTC/ETH from August, and it is project time to keep up with majors, we will see what future holds for the coin

Staking on the platform is above 60%, and it is second largest staking coin, behind ADA, so there is not much usability at the moment, but with test-net launched, should be in the future

interesting developments, keep following

It's already at top 5 now, soon it might get the number 4 spot if XRP can't hold on.

It's current marketcap is $11 billion while XRP has $13 billion, so that's very close.

https://coinmarketcap.com/
https://i.imgur.com/drf01EX.png

It looks highly likely that Polkadot will surpass XRP's place if the current rally continues

I think the main reason why polkadots went so high and climb up as part of the top 10 in the crypto-ranking is that many big institutions, corporations and maybe millionaires and billionaires see a very huge potential of this altcoin and it's team developer is really working to maintain its satisfying platform for everyone.

DOT only needs a few billions to be able to surpass XRP and it might happen very soon dude. We will see that whether DOT will become a new member of 4th place position to replace ripple.
This garbage coin must be replaced with a better coin like DOT. DOT has more functionality compared with RIPPLE and that's why DOT must be placed at the 4th place.


DOT is still on the bullish trend right now.

DOT has actually surpassed XRP and took fourth spot on the lists, breaking 10 billion capitalization mark in the process, which is remarkable

where it will go from here is a question, there is no much development on the network at the moment, or to put it better, there is a lot of work and development, but not much finished products, and best use-case for DOT is staking, with more 60% tokens staked

One thing I will say,

Whenever someone says I am not competing with X, they are.

Polkadot is clearly competing with etherium.

As per today polkadot has reach top 5 club and maybe it will goes high again in the next 1 year, the reason polkadot going high is, many developer built dapps and DeFi on it, because the transaction fees is lower then ethereum and the network has feature ( cross chain data exchange ).

Hi All,

I couldn't find the Polkadot ANN thread so I posted my question here. This is regarding my transaction issue.

I had in my account 99.5 coins so I send all of them by thinking it will auto deduct the transaction fee then got the issue of insufficient balance. SO I made a second transaction by misusing the transaction fee and it gives this issue

transfer/payment would kill the account

Any suggestion on how to fix this error?

https://polkadot.subscan.io/extrinsic/0x8735570e25adf1c91aee09da3777a1a7428b7d68443b780ef661c42481772509

Thank you very much

They all claim to be ETH killer. This is so they can attract investmentors and luckily Polkadot managed to lure many investors. Same with Cardano that had been in the making for a long time. They are trying to kill Eth for having scripts that will allow good projects to migrate to them without having to experience trouble, sooner we wont be able to notice projects had actually moved to Dot or Ada.

If the transaction fee issue will be solved thru this, I think many of us wouldn't mind.

$DOT has displaced tons of coins in the coinmarketcap becasue of it case use compare to other coins without usability that formally occupied the top ten. Those who bought this coin when it was undervalued should by now made something good from holding. Basically this should be the beginning of this coin IMO because of it potentials, it's not easy to make it to $15,099,931,127 marketcap.

The capabilities and technologies of Polkadot are incredible and I am sure that now the Ethereum developers have seen a competitor in Polkadot and I would like Polkadot to overtake Ethereum as soon as possible, if this is of course possible, because the Ethereum developers have become very lazy.

I just hope Polkadot team do not disappoint, a lot of promises now, we have seen this before from projects like Cosmos, EOS, Tezos, NEO, ICON all these chains have disappoint and some are just Zombie chains and will die soon. I love they way they go about their development and awarding of grants for projects to list on their chain. I will keep watch their development

Polkadot price increase on CoinMarketCap is amazing even though it's now -3% but from the current price ratio it is up to $17 . This is very cool for polka-dot tokens, supported by large markets such as Binance and OKEx, it seems that the increase in polka-dots can be much higher if consistent

could you put a list of those "some new services"
at the moment, most DOT tokens are staked, and this is probably one of the reasons for this upswing, since the supply is low, and demand is a bit higher, because the project is promising, but I did not catch any news that some new project is providing their services on Polkadot lately, there is a development in progress, but nothing finished as a product, as I am aware of

Rococo test-net is another story, and it is a test-net

now Polkadot has entered the top 5 on coinmarketcap and of course this is not surprising to me, because in my opinion Polkadot deserves to be in the top 5 and indeed many people have predicted that Polkadot will enter the top 5, because many people believe if Polkadot is a suitable rival for Ethereum and Polkadot will be very successful in the future.

Polkadot being listed on top exchangers is a coin to invest. Many investors saw the potential of this coin. Currently it is predicted to surpass ethereum. It is possible with its established platform though I believe right now its too far from eth. But yes, as it enters top 10, it is worth to buy and hold polkadot.

here is a good article from Decrypt, regarding Polkadot popularity in China
https://decrypt.co/55163/polkadot-china-hottest-crypto

there are facts about number of retail investors in China choosing Polkadot over competition, and what make it such a success in China, with a comparison to EOS, hopefully it will not end up same way stagnating

Though the price seems to have gone up significantly recently but I still believe there is still more juice in Polkadot to be squeezed, if Polkadot justifies the hype then expect it to go toe to toe with Ethereum for Dapps, the good thing working for Polkadot is that it has access to most of the developers also working on Ethereum

As for buying and holding Polkadot, I agree because it is indeed a good thing, but to go beyond Ethereum I think it is still very far and difficult for Polkadot because he sees the Ethereum token which is also developing in a better direction this month.

DOT is deserving for a spot on the top 10, period.

Binance Labs has invested in Plasm network, to support their bridge development between Polkadot and Ethereum

https://cointelegraph.com/news/binance-labs-backs-polkadot-ecosystem-with-2-4m-investment-in-plasm-network

it is a follow up for Plasm network smart contract deployment on Rococo testnet v1, seems that good developments are coming for Polkadot network, to support their price rising, because DOT is stable above $20 at the moment

The DOT will continue to rise while the market is bullish... By the way, there are a lot of new projects on DOT all the time, which increases the whole system! Maybe the project will repeat the path of ETH, who knows? ;) I've often seen new projects with bridges between ETH and DOT in the news... First of all these are DeFi projects...