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Author Topic: I think POLKADOT is still really undervalued  (Read 661 times)
worldofcoins
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September 29, 2021, 10:19:49 PM
 #61

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.

In this case, I agree with 'Dave1'. If we look at the proposal of 'adekogbe' then most popular cryptocurrencies seem undervalued.
However, if Polkadot is undervalued then with the due time that gap of being undervalued will reduce as happened with bitcoin.
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September 29, 2021, 10:47:40 PM
 #62

Might be considered under valued but I think it's also lost momentum along the way! And with markets showing signs of being bearish most of the attention goes to the top coins like bitcoin and Ethereum and social media's favourite  dogecoin if these coins don't show signs of recovery or being bullish then chances are low for polkadot to be bullish while the major cryptos see red. For now it's value will remain low not until another bull run comes through.

R


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September 29, 2021, 11:05:27 PM
 #63

What kind of undervalue it is?
Well, talking about undervaluing, it may relate to the performance of the platform. Polkadot has several big competitors in this case and they are probably better and bigger.
This still needs more time to improve again.
We know the difference right now on the market cap, it doesn't have a significant rise, moreover, during this bar time, the price still keeps dropping, like others.
Actually, DOT is potential, very potential, but this coin and also platform have much bigger competitors and also less market cap.
If this is considered more and more interested and profitable than others, many more people will come to DOT

R


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Marykeller
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September 30, 2021, 09:47:56 AM
 #64

Polkadot is a very nice coin without a doubt. I learnt that during the bull run season the price was around $45 per token. The surprising part is that Polkadot came into existence last year and it started with a price of a cent per token. Imagine having a thousand Polkadot in your portfolio. Polkadot shouldn't be undervalued in a hurry due to her decrease in price for some time now

R


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September 30, 2021, 11:13:00 AM
 #65

Polkadot entered the crypto fray when the demand for alternative DeFi platforms apart from Ethereum was in demand. Fast forward roughly 6 months later, it is still very much. Even though the BSC is still trying to overtake Ethereum in terms of TVL in DeFi, Polkadot is my favourite to compete with Ethereum and the rest
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September 30, 2021, 11:39:35 AM
 #66

polkadot has been without a doubt since its first launch. we see now that polkadot are one of the alternative choices of coins to invest in the deFI concept. potential polkadot can be worth 2-3x of the current price is definitely the case. just waiting for the right moment from the polkadot pump

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September 30, 2021, 12:19:34 PM
 #67

Polkadot is a very good investment coin, but I would not invest large sums of money now.
If the market collapses and the prices of cryptocurrencies fall, then the prices of the polcadot will decrease.
So if you buy this coin, then try to buy it at the fall in market prices and wait for the news about auctions for parachains.

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