Polkadot Critical Momentum - Since 2015, Bitcoin showed me a glimpse of what decentralization could achieve β true empowerment of people through a trustless, resilient network.
- By 2020, Polkadot amplified that vision for me, giving projects the freedom to build their own blockchains and putting governance back in the hands of the people. It may seem utopian, but Bitcoin has already proven it's possible with POW (proof of work).
- In this 2024 pre-bull market, Iβve heavily watched BNB, Solana, and Toncoin bring in impressive profits.
- Iβve followed these projects since their inception. BNB, tied closely to Binance, shares its fateβif Binance falters, so will BNB. Solanaβs development team holds substantial control, often restarting the blockchain when it encounters issues, which raises questions about its decentralization. Similarly, Toncoinβs future is tied to Telegramβs success, meaning that if Telegram fades, Toncoin would likely follow.
- All three projects β BNB, Solana, and Toncoin β have been heavily influenced by hype, memes, and venture capital backing.
- Back to the trend :
- Polkadot is at a critical juncture: if it doesn't break the downtrend, it could easily slide back to $3.60 or less, if it breaks up $5.50 is the next critical point.
- Cryptos remain highly volatile and unpredictable. Invest wisely, do your own research (DYOR), and approach each projects with caution.
Happy Tr4Ding!