I think POLKADOT is still really undervalued

[Dutchyyy]

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

Honestly, I'm not very familiar with the Polkadot project, but the things that are happening around them these days are quite interesting, and the price chart shows it. Data shows that some of the biggest Wall Street players have bought (ETP) for Polkadot.According to Bloomberg: Goldman Sachs, JPMorgan, UBS and ICAP have already bought shares.

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[coinswebid]

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 The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.


^ See what I mean?

yes, when i write this post binancecoin now become TOP 3 coin at coinmarketcap lists replacing USDT
so, this is enough proof, if binance coin is better than cardano or polkadot
but i support the OP if at this moment Polkadot price still undervalued

[Bttzed03]

~
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/.

I also check Polkadot projects from time to time. I won't compare the tech but in terms of numbers, BSC projects are catching up.

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.

Binance DEX is old news. I haven't visited that exchange for a long time but the last I remember is that they only traded BEP-2 tokens and not BEP-20 that's on BSC exchanges/swaps.

[Jamesdila1]

Besides LINK, HT and AR, DOT is my favorite project thar I got into in 2020. DOT has a lot of developers and projects in the pipeline. Im in it for the long term as I'm expecting its market cap to be a few hundred billion at least.

There's many projects right now that have high market caps for no good reason other than greed and I believe sooner or later some of that capital with rotate into the good stuff...

[meanwords]

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 The've taken a lot of markets (DEX and DAPPS) that were expected to migrate from Ethereum.


^ See what I mean?

yes, when i write this post binancecoin now become TOP 3 coin at coinmarketcap lists replacing USDT
so, this is enough proof, if binance coin is better than cardano or polkadot
but i support the OP if at this moment Polkadot price still undervalued

What do you mean? the fact that Polkadot is already at the top 4 means that it's already showing it's value. Not to mention it's a new hyped project so it's hasn't really made that significant impact compared to Bitcoin and Ethereum. I know that it has the potential to contribute more in the future but that doesn't really mean it's undervalued as of this moment.

[cryptoaddictchie]

Compared to Binance smart chain then polkadot is the real deal when it comes to technology and innovation. Supposedly they will be the next already after ethereum but due to Binance wise and clever move they have been surpass. It seems market are overthrown by which hype projects will dominate the market.

For those intellectual people whom literally have some knowledge on innovation then dot is the more suited but for some simple minded but practical then there is bsc which suited to all decentralized exchanges with very low fee.

[JohnBitCo]

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

Polkadot is very much undervalued and i am sure once there are many project build successfully on polkadot, we will see a lot of potential for DOT and this will increase its price considerably. I am considering DOT to move in a similar manner as we are seeing bnb price rise these days.

[jamalaezaz]

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

I think it is still undervalued, even it is 1000% higher then it's all time low. but it has way more potential than that. I am pretty sure POLKADOD token's price will cross 3 figures very soon. so many top level projects building their Defi tokens on polka blockchain, I saw so many projects moving from ethereum to polkadot because of their good features and low fee.
I will not be surprised if DOT Token value cross $100 in next few months.

[JeffBrad12]

Polkadot is very much undervalued and i am sure once there are many project build successfully on polkadot, we will see a lot of potential for DOT and this will increase its price considerably. I am considering DOT to move in a similar manner as we are seeing bnb price rise these days.

It's not so easy to build your platform at the top of parachain that owned by polkadot. The majority of the polkadot projects were still using ethereum to issue their asset and that means if polkadot is not fully working at this moment and that needs the more time for the developers to use polka asset. I don't think if dot will be increasing like when the bullish on dot started a few months ago.

[k@suy]

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.

Polkadot is a good coin and for I will hold it longer, it will be like bnb in the future I am very sure about it, the use case is good, it just needed to be adapted by many projects they need to use polka as their chain and by doing this it will brings a lot of interests to polka, DOT price will increase and it could be in the top 5 coins in the market soon I am sure about that, they just need to excute things in a good way.

[gurunanakji777]

Yes, I also do believe POLKADOT is the most undervalued coin at the moment It has huge potential like the Ethereum coin. If we see Binance and Ethereum performance they both are performing outstanding even I consider POLKADOT also has potential like Ethereum & Binance. I believe soon it will also rally like Eth & BNB in the near future as it also has a good supporting community now and we can see POLKADOT is now in TOP 5 coin.

[magnum cyber]

In the past, many people said that the Polkadot project was a scam, but who would have thought that Polkadot had such great potential, this project came with a surprise,  based on Polkadot's volume in the CMC market it is almost comparable to the ETH / ADA. This coin was underrated but in the end a success and no what they thought.

[CuriousGeorge]

In my opinion, Polkadot is one of the promising interoperability projects. Therefore, not to be underestimated as Polkadot is a serious competitor to Ethereum,

As far as i know the polkadot co founder was also a part of ethereum team and that doesn't make sense to see that the competition between polkadot and ethereum but this time the real ethereum competitor should be binance chain. Binance chain has a better potential compared with polkadot from the various reasons and it has also complete ecosystem.
I would like to call that as all in one platform.

[gwdf1]

The main goal of the emergence of Polkadot is the inability of Ethereum to scale. The Polkadot network is considered the most modern, user-friendly and simple blockchain platform.
Ethereum is much more complicated. Therefore, I believe that the project has a very bright future and it will definitely be appreciated.

[jamalaezaz]

In the past, many people said that the Polkadot project was a scam, but who would have thought that Polkadot had such great potential, this project came with a surprise,  based on Polkadot's volume in the CMC market it is almost comparable to the ETH / ADA. This coin was underrated but in the end a success and no what they thought.

it is very natural bro. every good project and coin was criticized like that. they were called fake and scam. even Bitcoin itself was called a scam and fake coin by so many people including governments and big personalities. but now everyone accepted the fact that bitcoin is a legitimate and real crypto currency. same happened with eth and many other coins including polkadot. but now as masses adopting crypto. they are understanding that and not calling it scam anymore. soon everyone will understand polkadot as well.

[JeffBrad12]

In the past, many people said that the Polkadot project was a scam,

It caused by DOT needs a very long time to launch its coin and i remember the DOT IOU was getting traded on various exchange sites but this time the product is fully launched and the dot was doing expansion to make its ecosystem even larger than before. I think those people have been changed their minds about DOT and this time more and more people are putting their money into the DOT.
Impatient investors were always saying anything is scam when it didn't meet their expectations.

[akirasendo17]

If DOT grows any higher than this there will be a 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 anything to pump the price further, they should let therm demand do the talking

I think they are doing great but, you are correct if the coin price surge today there will be an investor who will be selling because of the profit, at the moment they are not undervalued, Polkadot is still young, and there is an issue that still needs to be fixed, the price will grow but I think it is not just now, it needs more time.

[distr@yopmail.com]

so in your opinion polkadot will still go higher because this project has a very good roadmap and will be very useful in the future so that the value of the token will continue to rise?
I also see the polka dot chart in the long run is very good.
so there is no doubt that besides bitcoin you can also buy a dot for the long term

it is difficult to predict a good coin in a bull time like now. all altcoins are on the rise too and have great graphics. proper planning for moments like today is to take the moment to make a profit. DOT already provides benefits to its holders. I think those who have been waiting for a long time will definitely come out and look for other assets or wait for the DOT below. The beginning of this year was a DOT moment to hit the mark, hopefully, it will last long.

[darewaller]

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.

The whole crypto market is undervalued actually but with more investors getting interested in Bitcoins it also means more interest and money into the altcoins market because these investors although investing primarily into Bitcoins but they also invest some money into other dominant altcoins like Ethereum and in coming time Polkadot.

I think Ethereum 2.0 will be even better but its going to take a few years looking at how slowly the work is going on. Ethereum is actually under some serious pressure now because Dot is looking to already kill Ethereum and then there are bad things coming from everywhere including the ex-creator of Ethereum, Charles Hoskinson.

[SUPERSAIAN]

I looked at the price when it was around $ 3-4 and for some reason I didn't buy it and since then I regret.

The team continues to work successfully by putting it on top, it is definitely a long-term coin and I don't think it will take too long to reach 3 digits.