Polkadot Price Prediction 2024hello dear trader and investors
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What’s New With Polkadot?
A crucial development driving Polkadot’s growth is the ink! 3.0 upgrade by Parity Technologies. This upgrade significantly enhances the platform’s smart contract creation, fostering more intricate programming logic.
Technological Enhancements: One key factor underpinning Polkadot’s potential is Parity Technologies’ recent 3.0 upgrade of its ink! programming language.
Strategic Collaborations: Polkadot’s integration with Lido for liquid staking on the Moonbeam and Moonriver platforms is another crucial aspect of its fundamental analysis. Hot from Polkadot Decoded
Gavinwood
DOT READY TO BOOM AFTER A PULLBACK!!
#Polkadot it failing to flip the local resistance into support. We have a monthly POC and the 0.618 fib level below to hold as support. If we can get a bounce there, I would expect PA to push higher to try and flip the blue box into support next!
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MoonBeam: Polkadot Scam Token? Down 99%Moonbeam is a prime example of a dead project. It is down 99% since its all-time-high and there are no signs of life to be found: the marketing team isn't producing any new content, it is not mentioned by @polkadot CRYPTOCAP:DOT , and its price is still down 99% from its all-time-high despite crypto having experiences a massive surge.
Fact: moonbeam is dead and will trend towards $0. If you bought at $10+, you will likely be in profit selling at -95% even at this abismal price. Dead shitcoins such at moombeak will only be worth $0 soon,
POLKADOT to $15 than $25 - Inverse Head & shoulders#DOT will have a hype season
(maybe an upgrade or new tech rollout)
The narrative doesn't matter why
Bull market raises all boats.
Nice candle action
2 weeks ago bullish hammer to form the low of the right shoulder
and now a bullish engulfing candle.
Moonbeam , Moonriver and Glint are low caps ways to harness this 4X move
POLKADOT long term goalIs It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
hello dear trader and investors
do you know( polkadot v2) faster than sol and kadena?
Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
it is time for polkadot ’s rally
Polkadot 1.0 vs 2.0 —
A comparison between Polkadot 1.0 and Polkadot 2.0 highlights significant differences. The transition from slot leasing to a cumulative asset model will enable smaller projects to access Polkadot’s infrastructure without committing millions of dollars or locking up tokens for extended periods.
The number of available parachain slots is expected to increase from a limited 50 to a range of 500 to 1,000 cores, further expanding Polkadot’s capacity to onboard projects.
Polkadot 2.0 Launch Date —
Gavin Wood, Polkadot’s founder, has been actively involved in developing Polkadot 2.0.
While the technology is expected to be ready by late 2023, the official upgrade and release will occur in early 2024.
This timing aligns with the end of the major DOT unlock events, potentially setting the stage for a new wave of positive sentiment.
Polkadot 2.0’s new system for allocating block space could increase liquidity for the DOT token. Revenue generated from core time sales will be channeled into the Polkadot Treasury, and token holders will have a say in how these funds are distributed through governance. Periodic token burns are also being considered, which could make DOT deflationary and positively impact its price.
good luck
POLKADOT helloo dear trader
polkadot breakout downtrend channel and ready for pump
Dot is always pumped first, then chainlink , but in this bullish market 2023 , the link is pumped first, then dot will be pumped,
polkadot will soon be above 10 dollars.
polkadot one of the best crypto currency project
goodluck
Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming? hello dear trader and investors
do you know( polkadot v2) faster than sol and kadena?
Is It Finally Time To Buy DOT As Polkadot 2.0 is Coming?
it is time for polkadot ’s rally
Polkadot 1.0 vs 2.0 —
A comparison between Polkadot 1.0 and Polkadot 2.0 highlights significant differences. The transition from slot leasing to a cumulative asset model will enable smaller projects to access Polkadot’s infrastructure without committing millions of dollars or locking up tokens for extended periods.
The number of available parachain slots is expected to increase from a limited 50 to a range of 500 to 1,000 cores, further expanding Polkadot’s capacity to onboard projects.
Polkadot 2.0 Launch Date —
Gavin Wood, Polkadot’s founder, has been actively involved in developing Polkadot 2.0.
While the technology is expected to be ready by late 2023, the official upgrade and release will occur in early 2024.
This timing aligns with the end of the major DOT unlock events, potentially setting the stage for a new wave of positive sentiment.
Polkadot 2.0’s new system for allocating block space could increase liquidity for the DOT token. Revenue generated from core time sales will be channeled into the Polkadot Treasury, and token holders will have a say in how these funds are distributed through governance. Periodic token burns are also being considered, which could make DOT deflationary and positively impact its price.
good luck
DOTBTC 2023 outlook Polkadot price actionTime to look at my favourite altcoin and it's pretty dismal perfomance over the last year agaisnt BTC
I've outlined my basic outlook on the weekly chart using candle stick closes and Log fibs. Coincidentally its touched the .886 retrace to the T. Typical sign of weak altcoins to retrace all the way back to the .886 level. I'm pretty confident the bottom for DOT/BTC is in based on this and the fact that its nearly an 80% correction from ATH vs BTC
My mid term outlook is bullish (for a change) Looking at best case scenario retrace up to .618 from ATH placing it at the .0004830 sat region
I've marked out 3 different TP below and above this level respectively as I've become accustomed to DOT usually underperforming against market competitors. So my TP is more conservative vs others. With the exception of TP3 being higher as I see this as an ATH for this market cycle
Some thoughts on DOT
Personally this is my favourite altcoin of them all. Admittedly one should not have emotion when it comes to trading as we're all here to make money and not love
My bias is fundamentally based and I will probably always keep staking my DOT from my ledger for years to come
Point 1 - Its not a security, this gives institutional interest and clarity on adding it to their basket or portfolio
Point 2 - Highest DEV activity compared to other L1 : Link : www.thecoinrepublic.com
Point 3 - Interoperability (future proof)
Point 4 - Staking offline (my personal favourite)
Point 5 - Gavin Wood (some food for thought for the ETH maxi's)
There are more use cases to be made however one can only consider an argument valid if you can argue from both ends, So my concern for this project is as follows:
Point 1 - Concensus mechanism too slow. One of my dear friends informed me they wanted to launch TAO on their parachain but it was too slow for their timeline, in turn they self funded the crowdloan
Point 2 - Inflation. As great as APR is with Staking this shows inflation in the ecosystem and given that DOT has no FINITE market cap it can dampen price action in future
I'll be adding my DOT/USDT analysis to this post and updating it over time. As this is afterall my favourite ))
Polkadot (DOT)Salve
Dr.Gavin is the Beast
Dot tg 45--50--60--70----100
Polkadot is a platform that allows diverse blockchains to transfer messages, including value, in a trust-free fashion; sharing their unique features while pooling their security. In brief, Polkadot is a scalable heterogeneous multi-chain technology..
Buy
bye!
Polkadot correction is closing on the next rocket launch padEarly correction appears to accelerated the polkadot cycle pattern, I would expect to touch $12-13 range before exploding into the next cycle. If successful $DOT can become the best token to trade in 2021 and overtake $USDT by market cap
There is currently no other token without the psychological ballast from the last bull cycle, by extrapolating previous bull cycle ATH move of $ADA (~1$) we can speculate that $DOT at it's ATH can reach up to $38-$40 at it's peak even if BTC price was to stay in the 30k region.