Since its lowest point of under $3 in August 2020, it has skyrocketed over 1,000%. This could indicate that Polkadot is a good long-term investment . You just need to decide if you’re up for the possible rollercoaster to the top. In the meantime, consider staking your DOT and earn as much as 10% interest.
Read moreWill a dot recover?
There is no definitive answer . Whether you think DOT is a good investment or not depends on whether you think it will go up and, if so, by how much, and how soon it will get there.
Read moreCan a dot hit 500?
, Digital Accessibility, Crypto Enthusiast, Hiking and Yoga. To reach a value of $500, basically, the market cap has to grow 21 times which is more than Ethereum’s market cap today. It won’t go $500 atleast for few years from now, but yeah maybe in next 5–10 years if the overall crypto market grows it can .20 Ağu 2021
Read moreCan Polkadot Make Me a Millionaire?
But they’ll be able to create their own blockchain while using the security that Polkadot’s chain provides. As of February 19, 2021, Polkadot has a market cap of $34 billion, a circulating supply of 909,722,905 DOT, and a value of $37.99. So yes, Polkadot can help you earn money.
Read moreIs Polkadot a good crypto?
The Polkadot ( DOT 0.30% ) blockchain network and its DOT token hold an impressive position in the cryptocurrency market today . DOT is the twelfth-largest cryptocurrency by market cap and number 13 measured by daily trading volume.1 Mar 2022
Read moreIs it good to invest in Polkadot?
Polkadot is a unique asset that has quickly gained traction in the crypto sphere . It uses revolutionary technology to further decentralize the blockchain and allows you to create new chains. However, it has powerful competitors that may outcompete with Polkadot over the long run.4 Şub 2022
Read moreDoes Polkadot have future?
Originally Answered: What is the future of the Polkadot cryptocurrency? The future of Polkadot crypto is very bright because this crypto is expected to give you a huge return in the future . We have seen that this crypto has performed very well over the last few years and given a huge return to the investor.
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