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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 (https://wiki.polkadot.network/docs/learn-auction) 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?

https://i.ibb.co/4wbB2Rj/Screenshot-20211106-030506.jpg

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.  ;) 8)

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.

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.

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.

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 ...

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.

I'm sure parachain auction will give it a huge pump. Solana made a significant move too which I really had no idea.
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.

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.

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.

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?

Still too far mate for dot to reach $100, because you know as you can see seems buyers already making an exit at this moment if we will base on the daily time frame,  but yes it seems a potential because from November 1 to 4 there's a great increase but afterwards it was just a false break out. Probably we will see a retest for how many days i guess and if it goes below the current support for sure it cannot make another uptrend in my personal opinion.. I mean only dpt needs to find new strong support before it goes back again to try breaking the current resistance..

It takes time, a major update so people can see its real value and to have another hype. It is still close to its ATH so most probably $100 is within reach, its just hard to predict when it will happen. DOT is a good project fundamentally, wait for the chart to confirms it and for sure it will soar higher.

I think dot will beat SOL and ETH

Polkadot is one of best platform but not did very good as we expected like Sol,Matic. Now Dot parachain can be Huge for PolkaDot and we can see Sudden price increase just Like Solana journey fron 50-100.
I think we should take entry in Polkadot in parts

I am really optimistic about Polkadot as it offers something unique to this market. It going to connect many projects and blockchains what must be very convenient. In the future it will be definitely more then 100$ but as for forecast for the nearest future I think that price will be around 55-60$
Maintaining the overall positive environment in the crypto market will contribute to an increase in demand and interest in DOT, considering the large number of serious and large contenders for a slot in the blockchain auction.

If anyone buys DOT and puts it into crowdslots, where and what is the motivation? What profit and in what time frame do you expect?

There is no doubts as the volume iis higher and the chart is showing higher high, my confidence in polkadot pricing getting to new ATH  is not only based on market action alone, more project are using polkadot and in the next upgrade w will see polkadot on a new trajectory. Before the end of year, we may see polkadot at $100 and beyond in 2022!

if you look at the movement of the polka dots from the beginning of 2021 it looks quite significant what he did, at the beginning of the year it was still in a position at a price below $10 and continued to increase until mid-May at $47, before finally unable to maintain and fell back down drastically in mid-July close to $11.

After July, the increase again reached ATH $54.98 - Nov 04, 2021, currently at the price of $53.10 and it is possible that there will be an increase and forming renewable ATH is very likely to occur before the end of November.
it is not even impossible that by the end of this year will reach $ 100 is something that is reasonable for polkadot.

Polkadot was already at $53 and if you want to set a target at $100, then Polkadot needs to increase to 50% from its current price to get to that price, I also have no doubts about Polkadot in this case, but what I doubt is the timing won't be enough just for this year.

Yeh its right that polkadot can hit around 100$ because just like it performing its huge and I think its a green signal for all dot holder. In recent days new announcement of dot make a huge pump in dot but its just previous all time high. We expect that in this bullrun it will make new all time high . there is one another announcement about dot that there is first project coming that will be launch on dot blockchain so it will make more bullish

I follow a telegram signal group and there they predict the price of polkadot until the end of this year
I'm sure the polkadot will go to $100 but it will probably happen next year

for long term investment DOT is highly recommend

#DWYOR

The market is very unfair these days, it is really unfortunate to see Shitcoin achieve all this rise while strong project coins such as DOT, TRX, ZIL, VET do not achieve any doubling yet, in my opinion DOT coin is much less than its fair value it deserves its price Much more, I don't know the real reason why DOT hasn't launched yet but I'm sure it will be very soon, I also think the end goal will not be $100 I'm sure it will cross that number and cross the $200 limit.

That's right, if you see Polkadot is quite active in providing new opportunities with a fairly smooth project, they should also issue projects not as often as Solana does. However, if we talk about Polkadot potential, it will clearly be very good to be considered as an alternative long-term investment.

I don't know how long-term investment you are talking about, but it probably has to be a very long period.
Right now we are ahead of the alt season but it won't be long. Investing now should be short term and very careful. If you fail to sell before the bear market starts, you can stay with your investment for up to several years.
In any case, I think Polkadot should easily hit the $100 mark during this bull run.

More powerpacked projects haven't shown good rise in the price over the bull trend when unfamiliar coins have been rising regularly. Myself watching the growth of TRX for a long term, but it hasn't shown any good growth for a long.

All that mentioned are highly potential assets, but what is stopping the growth needs to be analysed. Polkadot through its multi-chain usage access has made a big market, but there is no big price movement. Possibly it'll turn to grow similar to ethereum in long term.

I would prefer Polkadot to grow just like Ethereum. Slowly but steadily up. In my opinion, this is a real project that is worth investing in in the long term and forgetting for several years. I think that in 10 - 15 years everyone who will hodl Polkadot will have a guaranteed pension.

I agree if you say Polkadot is going towards $100 USD, Polkadot is holding very strongly at the $50 USD price range for the past few days, $100 USD will be the next price target for Polkadot.
Many good projects are based on Polkadot, this is an added value and strong support for Polkadot. Many investors join Polkadot-based Projects, especially those using the Polkastarter platform. This shows investor confidence in Polkadot

So this means Polkadot will take Binance position in rank 3rd? because now the capitalization of DOT is 52 billion valuing 52$ per coin so to reach 100$ this may need to double the CAP and that means overtaking BNB?

sounds good but i don't think this can carry the climb this year alone, while market now is bullying yet the increase in percent is just 5% .

Croadloans have started, projects are collecting DOT, exchanges have joined, but the coin is still not flying to the moon. Some are disappointed in terms of auctions, some don't believe that in 2 years (DOT locked coins) will be worth even $50. I personally believe this will be my best investment, for a 2 year DOT, price maybe $1000 per coin.

You still have to risk your time for it because the possibility of not happening or the opposite is still very large, so don't ever be disappointed if one day the thing you hope for doesn't happen to DOT even though DOT is a very good coin

My prediction about dot coin are very high. Because dot coin has great potential and its future is very bright. Due to the auction on polkadot network, we have to hold dot coin to participate in binance auction program. My short term target for dot is 100$ and my long term target for dot coin is 500$. I hold dot coin for next 5,10 years so it reach at my target.

While the market is correcting or falling. DOT is falling too, along with Kusama, the projects at the Auctions are collecting DOT, but why doesn't that affect the price increase?

polkadot is a project that I have been following for a long time. Whenever I waited for a price correction to buy it did not happen. and it continued to rise. I've given up on taking it now. :) But if the market conditions continue like this, it will not be difficult to reach $100.

Well I think it would really be too early to say or affirm that DOT reaches 100USD, but for now with it exceeding 50USD is already a lot of profit, in the short term the following occurs:

https://i.imgur.com/4qMAv3M.png
Source: https://cointelegraph.com/news/price-analysis-11-15-btc-eth-bnb-sol-ada-xrp-dot-doge-shib-luna (https://cointelegraph.com/news/price-analysis-11-15-btc-eth-bnb-sol-ada-xrp-dot-doge-shib-luna)

As I have always said, DOT never disappoints, this is something that is always true.

ATH Polkadot that just happened after May reached $50, in my opinion can't be separated from the announcement of Relay Chain so that it can pass ATH $50. I also believe that Polkadot will continue to rise in the market even though almost all coins are currently experiencing a red chart which may be due to the decline in the price of Bitcoin.

The polkadot will rise again next year, because after the correction in the market all coins will struggle to increase again and this always takes a lot of time because it is very often influenced by the competition on every coin that is in the crypto space right now.

Polkadot has great potential in getting the attention of crypto users. but it all depends on the market conditions that occur. especially if the price of btc is not good, then most of the coins that follow are not good

polkadot is one of the altcoins that has very good potential and prospects, in addition to its increasing price, DOT has also won a lot of trust from investors so I am very very optimistic that polkadot will be able to reach $100 in the next few months,

There's not much time left until the end of 2021, so I don't think there's going to be strong stimulus for it to go up. However, $100 with DOT as a modest target, I believe it will be huge when altcoin season rolls around.

Yes polkadot is indeed one of the potential altcoins and they are also growing,
to reach $100 doesn't seem easy for Polkadot to reach this year,
Of course we need to look at future developments and hope that in the near future we can achieve that

The way things are turning out and looking at the bitcoin price action, i do not think we can have 100$ bitcoin price this year. We may see this price in years to come as DOT has a lot of upside potential but specifically its difficult to hope for a 100$ dot in December 2021.

Now the condition is in correction, so the achievement will also be delayed this year because in the current condition almost all Altcoins will start struggling again to survive and also to increase, so some of them will be very slow to increase again.

I hope that 100$ is possible for polkadot to reach this year but I doubt it. They just launched their parachain auction and I expected a lot more from it. I thought that the price would jump a lot more, and right now the price is at the same level as it was 1 month ago.

this year's trend is quite good from DOT, from the beginning there was an increase even though in the middle of the year there was a correction, but immediately was able to bounce back up to ATH $54.98 - Nov 04, 2021, indicating that DOT has the ability to be able to rise if there is a correction experienced at this time . maybe later this year there will be a surprise from DOT and we are waiting for it.

yes, right now after ATH is formed, DOT is experiencing a correction, it seems to be following the movement of Bitcoin which is also being corrected. past experience DOT is able to rise, so even if there is a correction, it is certain that DOT will be able to overcome the problems experienced at this time. there are always improvements made by DOT in the future. although maybe the end of the year will be able to begin to see the capabilities that will be carried out by DOT.

What will happen to DOT when the auctions are over?
And how many coins will remain in free circulation on the market? These two questions are very important answers and the price movement depends on the answer.

Seriously I love how the dot working I am so inspired how its team control it and make a huge name in market. Everyone know that dot has been after one and half year ago and its perform better than cardano ,tron, doge, and many more .I also buy huge amount of dot because I know that 100$ is too small target to achieve I am sure that at the end of 2022 the dot will hit more than 500$ because just like it's bullishing I am sure it will successfuly hit my target.

I can see this performance similar to BNB before. The continuous development and price increase show that the demand and usage of this project are growing bigger and bigger. Early investors have been in perfect timing buying DOT at a very cheap price and now, it is more than twice and probably it if folded multiple times if this will continue. But to think about $500, that could happen someday. Only it depends on the team behind this project and also the unstoppable support of the community.

You are saying right brother. Dot does not follow the trend of market. Market is taking a correction. But dot did not dump too much. So, it's a positive sign that dot is moving towards to it's target of 100$. It will soon complete when btc price get stable after a big correction.

Unfortunately, we still do not know how big the BTC price correction will be. It is possible that the biggest price drops in the cryptocurrency market are ahead of us. Of course, I believe that we will achieve new ATH and sooner or later PolkaDOT will reach $100 but I am not sure if it will happen soon.

How could it be reaching to 100 dollars "soon" when even the ATH price of it is 50% lower than that mark? I get that some people could be getting a bit more hyped about some coins, and yes DOT is a great coin as well I agree with that.

However, just because you have seen it up a little for a while or get close to HALF of what you think it will be, doesn't justify all these predictions if you ask me. Just let it be and I am sure that we are going to see it become 100 dollars one day in the far future, not going to happen right now but I believe that if we keep pressuring it to become 100 dollars constantly then we are going to be upset when it doesn't and that will hurt us a lot more.