💥 Is Polkadot Still a Good Bet for the Next Bullrun? 🚀  $DOT Price Speculation #polkadot #crypto

Today, we cover an Analysis in Depth of the Situation of the Polkadot project. We discuss the PROS and CONS of the project and progress, and we analyze the $DOT price prediction and speculation. Polkadot For The Next Bullrun.

Today I will give you my reasons why you should DYOR on Polkadot (DOT).

PROS:

– Technical aspects of the project are great. Polkadot Layer 0, Parachains connected L1s, etc. https://wiki.polkadot.network/docs/getting-started
– Gavin Wood, Founder of Polkadot was important technical co-founder in Ethereum. – They have a Big Ecosystem and 193 projects in parachains: https://parachains.info/
– Polkadot development agency Web3 Foundation announced a new plan to deploy US$22.08 million and 5 million DOTs throughout 2024, which will augment the community-governed funding mechanism from the Polkadot Treasury to help projects that will have a meaningful impact on the future: https://cryptonews.net/news/altcoins/27673484/
– $DOT maintained its top position in the crypto market last year.
– $DOT is listed in major and small exchanges.
– $DOT price is very close to the ATL in the history of the token value.

– Price Speculation for Next Bullrun.

Current Price  — $3.65 — x15 from ATH at current price
ATH — $55 — x15 from ATH at current price
Speculation Price —- $100 —- x27 from ATH at current price
ATL —- $2.70 —- %35 from current price

$3,650 usd you buy 1,000 $DOT. ———-  At the previous ATH you turn your $3.6k into $55k usd.
$36,500 usd you buy 10,000 $DOT. ——-  At Speculative Price you turn your $36.5k into $1million usd.

CONS:

– A lot more competitors on Layer 2 solutions. Instead of creating dapps in L1s.
– Other Layer 1s seem to have more active communities.
– Bad marketing strategy, we never hear news about them online.
– Not good in TVL compared to other competitors: https://defillama.com/chains/Polkadot Around $100 Million right now.
– Not building community in Discord (Discord 22k followers, 1.4 millions twitter, 45k follower in Youtube)

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