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Author Topic: I think POLKADOT is still really undervalued  (Read 655 times)
adekogbe (OP)
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February 18, 2021, 10:11:32 PM
 #1

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued

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February 18, 2021, 10:14:09 PM
 #2

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued

Then everyone is undervalued if we are going to base on your argument. Even bitcoin is, because there are people who thinks that it should be in the 6 digits by now. Ethereum in the $3k value just base on the growth of bitcoin.

In any case though, Polkadot is a good investment as the people behind as very active and they have a clear roadmap as to what they wanted to accomplished in the future.

R


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olabiyijummy02
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February 18, 2021, 11:15:53 PM
 #3

I agree with you and strongly believe that polkadot along with a lot of other crypto prohects are still very much undervalued right now
If you think about it, cryptocurrencies have achieved so much by being mainly just a means of value exchange and development of other blockchains
By the time the mainstream usage of decentralized finance happens, the prices of most of these tokens will surge to incredible heights.
Polkadot has a great team behind it so i think it has the potential to do great things

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February 18, 2021, 11:47:14 PM
 #4

I have this funny theory that projects like DOT and ADA would have been closer to ETH by marketcap by now if not for the Binance Smart Chain. Binance was smart enough to pull a move under their nose Grin The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.


^ See what I mean?
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February 19, 2021, 12:03:16 AM
 #5

i struggle to understand how this blockchain platform works. there was no fork from any source. it just developed on its own and people are insane about the progress of this project. many has moved their funds into polkadot believe that it is the future and will be better than ethereum in the coming year. i hope it maintains the hype. i also believe it is a good investment option for the long term

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February 19, 2021, 01:27:53 AM
 #6

i hope it maintains the hype. i also believe it is a good investment option for the long term
Any major coin will always be used as the potential investment for long term. DOT has been growing so much from the bottom to the top and it keeps growing even higher from time to the time. The fact that this one has become the best candidate as a potential for ethereum killers but binance is a bit better than DOT consider it has a complete ecosystem.
Started from its own exchange site combined with various things.

Dot can be used for the long term investment and it can worth three digits for sure.

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February 19, 2021, 04:31:33 AM
 #7

i also agree with this post, i really think that polkadot is still really undervalued,
i think in 3-5 months the price of polkadot can reach about $60, i also bought a lot of polkadot and i really hope that this coin can fly to the moon, because this coin has a great project and the value itself is very good and stable.

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February 19, 2021, 04:39:00 AM
 #8

I have this funny theory that projects like DOT and ADA would have been closer to ETH by marketcap by now if not for the Binance Smart Chain. Binance was smart enough to pull a move under their nose Grin The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.


In the coming months, it would be these four platforms - Ethereum, BSC, PolkaDOT and Cardano - that can be battling out for supremacy in terms of price, applications and users. Right now, I can see that indeed it is BSC that is getting more attention and has the potential to be winning the war, though the other three are also faring well. As to Ethereum, we have to admit that there are problems and cracks showing up though the market remains solid behind it. DOT has a good potential if they are gonna play well their cards and the same thing can be said on Cardano. I am excited how these four giants in the world of blockchain, DeFi and cryptocurrency will play out. And by the way, a big congratulation to the holders of these exceptional four.


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February 19, 2021, 06:02:51 AM
 #9

I have this funny theory that projects like DOT and ADA would have been closer to ETH by marketcap by now if not for the Binance Smart Chain. Binance was smart enough to pull a move under their nose Grin The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.
https://i.ibb.co/GCSQWrD/Untitled.png
^ See what I mean?
You got a point, but I believe it will only in the price/market cap. If you deep dive into the Polkadot ecosystem, you will appreciate and surprise, especially they are using the Substrate framework for creating different platforms. There are some projects that are starting to shift from the Ethereum ecosystem to Polkadot, you can see the list here: https://coinmarketcap.com/polkadot/.
Why not in Binance Smart Chain? As I remember, there was a lot of issue against Binance before, especially on the launch of their so-called "DEX", which a lot of people complaining it's not a DEX/Decentralized exchange.

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February 19, 2021, 06:44:26 AM
 #10

Polkadot, as a newcomer in the crypto world trying to compete with the other coins and bet it.
Sooner or later, we will see if Polkadot has a chance to eliminate the other coins position and move to their place and get a better position in the market.
I see this coin can be the next potential coin, and if the project can sustain better performance and invite more investors to invest in the project, that will bring new hope for Polkadot to increase.
Until that time, Polkadot still needs to increase the price, and that chance can come in the next altcoin season.
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February 19, 2021, 06:45:43 AM
 #11

Polkadot is a scalable, interoperable and secure network protocol for the next generation web. The Polkadot network enables interchain data transfer by connecting blockchains to each other. In this way, decentralized applications can receive data from open, semi-open, or private blockchains running independently of each other.

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February 19, 2021, 06:48:37 AM
 #12

I agree with you and strongly believe that polkadot along with a lot of other crypto prohects are still very much undervalued right now
If you think about it, cryptocurrencies have achieved so much by being mainly just a means of value exchange and development of other blockchains
By the time the mainstream usage of decentralized finance happens, the prices of most of these tokens will surge to incredible heights.
Polkadot has a great team behind it so i think it has the potential to do great things

Polkadot is a next-generation blockchain protocol that connects multiple blockchains to a single network. The polkadot network has a system that executes transactions in parallel, not sequentially. There are different user roles in the system. Therefore, we can say that the platform is a really promising technology in the long run.

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February 19, 2021, 07:00:10 AM
 #13

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued
That's right, and today I also found out that the Bitmart exchange will also be holding a Flash Sale in the form of a Launch on Polkadot on that exchange, and this is definitely a very good opportunity for everyone.


Link: https://www.bitmart.com/launch/en?activityId=555846942467293184

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February 19, 2021, 07:12:07 AM
 #14

Polkadot is a great Defi project in my opinion, and one that has the potential to replicate in the Defi space the same type of influence that ethereum has in the smart contracts space.
Thr Polkadot blockchain is like a robust network that allows the integration and combination of different Defi platforms such that real life-like financial services can be gotten through the blockchain.
This makes it very valuable in my opinion and its tokens price relatively very much undervalued
As far as the products or services available at polka dot we have to wait and see how will they make a difference and what new and better things they are offering till then it is just kind of speculation but as the confidence is high the price of their coin is growing and with this momentum i do not think that 100 bucks will be difficult to achieve for dot.

I think Polkadot has a huge potential same as Ethereum, and it is still in its early phase. I am just hoping that Polkadot will be able to keep up on developing and not go as the same way as what happened to Ethereum with a huge fee. I am starting to accumulate Polkadot little by little as it's blockchain shows more and more promising projects too, not to mention projects moving in to their chain.
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February 19, 2021, 07:21:29 AM
 #15

I think that it is extremelly overvalued and you are at risk of losing all your money. It hasn't offered anything yet and except from the hype surrounding this coin I am still waiting to see a product. Still, there are some big investors that got into Polkadot lately and it could provide a support in case the market goes wrong and everything crashes by 99%. If Polkadot has any fundamentals to stay around for years then we will see them. EOS was at the same spot two years ago, lets see what Polkadot will do differently.
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February 19, 2021, 07:24:24 AM
 #16

DOT made its new all time high and I think that is already a great value for a great project, and that made it to the top 5 in terms of marketcap. There's a lot of undervalued project right now which I think has the chance to go up as well, so if you see that kind of project better to start buying. Its hard to buy on the peak price honestly, but I also believe that DOT will continue to rise.
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February 19, 2021, 07:35:22 AM
 #17

I don't think so, DOT isn't undervalued for a new project, it's currently trading at 31$ and it's all time low was 2$, that's over 1000% gains already and it's working towards perfection, this isn't a pump and dump project where by you will see 2cent worth of a coin turning into 2000$ in juts few months of release

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February 19, 2021, 05:02:16 PM
 #18

If DOT grows any higher than this there will be massive dump later, for a new project I think it's already doing fine, investors have gained over one thousand percentage returns already, the team shouldn't do any thing to pump the price further, they should let therm demand do the talking

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February 19, 2021, 05:28:43 PM
 #19

I don't think so, DOT isn't undervalued for a new project, it's currently trading at 31$ and it's all time low was 2$, that's over 1000% gains already and it's working towards perfection, this isn't a pump and dump project where by you will see 2cent worth of a coin turning into 2000$ in juts few months of release
Yeah, POLKADOT isn't a pump and dump project of it kind becasue i have taken time to under study their project and discovered that they have much to offer to the cryptocurrency community compare to those project we have seen doing the game of pumping. POLKADOT isn't undervalue becasue at the moment it be trading among the top coin on coinmarketcap, so, such coin isn't undervalue again. Currently, there are very few coins that i would mention as undervalue but POLKADOT isn't among these coins.

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February 19, 2021, 05:40:33 PM
 #20

Polkadot appeared not so long ago, so this project will still have many incredible achievements, and this project has already reached incredible heights in such a short time, and most importantly, this is just the beginning, so I have invested in this project and I am sure that this project has a great future and I see how the Polkadot developers are very quickly developing their project and they constantly delighting their clients with good news, and therefore I am sure that Polkadot will reach new heights already this year.
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