Polkadot Price Prediction: DOT SURGES Around 10%, To Hit $40 This Week?

Polkadot Price Prediction: DOT SURGES Around 10%, To Hit $40 This Week?
4.2 9 votes
Article Rating

Polkadot Price Prediction and Forecast for 29th November 2021: For the Next 24 hours, the price of Polkadot is expected to be between $ 36 and $ 37. The Current 24 hours recommendation is Buy.

All of the 3 Momentum Indicators are Positive

Two analysts

The latest price of Polkadot is $ 36.34 which is 9.89% higher in the last 24 hours.

image 517

DOT continues to trend lower since Nov 8th

Screenshot 2021 11 28 at 8.33.02 AM

Polkadot Price Prediction and Forecast: Momentum Summary

Metric
Momentum
Price
Higher
Technical Indicator
Buy
Social Media Buzz Momentum
Positive

Polkadot Price Prediction and Forecast: Technicals

Support
Resistance
Status
$ 36
$ 37
Buy
$ 36
$ 37
Buy

DOT – Polkadot Technical Analysis for November 29, 2021 – DOT

Polkadot Price Prediction and Forecast: Latest News and Tweets

Originally tweeted by PumpMoonshot (@PumpMoonshot) on November 29, 2021.

Polkadot price analysis: DOT to test support at $32, support at $33.9 already crushed – Polkadot price analysis is bearish today.

Unofficial Polkadot reddit Community

Stockwits: Polkadot Community

Polkadot Price Prediction and Forecast: Polkadot Coin MarketCap

Value
Trend
Current Market Cap
$ 35.8 B
Higher
Market Cap Rank
9th
Steady
Change in Market Cap, Last 24 Hours
+9.60%
Higher
Volume Traded in Terms of $ Value
$ 1.41 B
Higher
Change in Last 24 Hours
+22.20%
Higher

Polkadot Price Prediction and Forecast: Social Media Data

Lunarcrush statistics

Social Volume Rank: 63rd (Up 2)

Social Engagement Rank: 68th (Up 11)

Polkadot Price Prediction and Forecast: Latest Crowd Videos

TOP 3 POLKADOT ALTCOIN GEMS WITH 10X POTENTIAL! – Polkadot News + DOT Price Prediction 2021

Polkadot Price Prediction and Forecast: Polkadot vs Cardano, which is a better Cryptocurrency?

Both Polkadot and Cardano has seen a massive development in recent times. Both the cryptocurrencies are among the Top 10 cryptos in terms of market cap. The market cap of Polkadot is just over $32 billion while the market cap of Cardano is over $72 billion.

Cardano blockchain hosts smart contracts and applications similar to Ethereum while Polkadot efficiently connects individual blockchains into a single unified network.

Both Cardano and Polkadot have great potential and have the ability to surpass other cryptocurrencies including Ethereum but still are in the starting phase of their lifecycle.

Polkadot Price Prediction and Forecast: What is Polkadot?

Polkadot is an open-source project founded by the Web3 Foundation. It is a blockchain network that can be described as a ‘blockchain of blockchains’, or multichain. 

  • In October 2016, Dr. Gavin Wood who is one of the co-founders of Ethereum released first draft of the Polkadot white paper.
  • In October 2017, the first token of Polakadot was released. It was released after Dr. Wood and Parity’s Peter Czaban founded the Web3 Foundation in 2017. The foundation hosted Polkadot’s first token sale in Oct. 2017, using a Spend-All Second Price Dutch Auction to distribute the funds.
  • Web3 foundation chose Parity Technologies to develop Polkadot, however, in November 2017, someone permanently froze the funds in the Parity multisig contract.
  • The funds were equal to little over $90 million worth of ETH equaling around 66% of Polkadot’s token sale proceeds.
  • In 2019, Web3 Foundation reportedly raised more capital to replenish the lost funds. Polkadot sought to sell 500,000 DOT (old) tokens at a $1.2 billion valuation, pricing the tokens at $120 apiece.

Polkadot Price Prediction and Forecast: Features Claimed by the Company

  1. Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens.
  2. Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains.
  3. Polkadot helps create a custom blockchain in minutes using the Substrate framework.
  4. Polkadot can upgrade without hard forks to integrate new features or fix bugs.
  5. Polkadot’s novel data availability and validity scheme allows chains to interact with each other in a meaningful way. 
  6. Polkadot has a sophisticated governance system where all stakeholders have a voice.

Polkadot Price Prediction 2021, 2022 and 2023

Different platforms have different Price Prediction for Polkadot for the 2021 year and for the following next two years. Here is the price prediction for Polkadot:

Longforecast

Month
Open
Low-High
Close
Mo,%
Total,%
Sep
31.37
27.02-38.77
36.22
15.5%
15.5%
Oct
36.22
31.94-50.85
38.80
7.1%
23.7%
Nov
38.80
38.80-48.16
45.01
16.0%
43.5%
Dec
45.01
42.85-49.31
46.08
2.4%
46.9%

Coinpriceforecast

Year
Mid-Year
Year-End
Tod/End,%
2021
$16.40
$44.43
+45%
2022
$47.53
$51.94
+70%
2023
$63.63
$75.08
+145%

Polkadot Price Prediction and Forecast: Where to Buy Polkadot?

Polkadot is rising gradually and now it is over $31. Investors are showing interest in Polkadot. Here is where you can buy Polkadot:

Coinbase

Coinbase is one of the most popular and reliable places to buy cryptocurrencies.

Binance.com

Binance.com offers users to purchase of Polkadot coins; however, you can’t buy DOT coins from Binance.us.

Uphold

Uphold is a commission-free desktop and mobile trading platform that gives you access to, and the opportunity to trade Polkadot (DOT).

Polkadot IRA

Read: SOL Solana Price Prediction And Forecast

This site uses Akismet to reduce spam. Learn how your comment data is processed.

1 Comment
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
trackback

[…] Polkadot Price Prediction and Forecast: Dot up Over 5% […]

1
0
Would love your thoughts, please comment.x
()
x