Being one of the most innovative crypto projects on the market, Polkadot solves one of the biggest hurdles of the crypto industry, which has a ton of interesting projects that are struggling to interact with each other in meaningful and effective ways.
Polkadot and its token DOT provide blockchain businesses across the globe with unparalleled interoperability. This project has firmly established its place in the crypto market and is only gaining popularity. As a result, it attracts the interest of a lot of investors. Here’s our Polkadot price prediction for 2022-2030.
Polkadot Overview
|
|
- Our real-time DOT to USD price update shows the current Polkadot price as $6.7 USD.
- Our most recent Polkadot price forecast indicates that its value will increase by 5.59% and reach $7.18 by February 08, 2024.
- Our technical indicators signal about the Neutral Bullish 59% market sentiment on Polkadot, while the Fear & Greed Index is displaying a score of 64 (Greed).
- Over the last 30 days, Polkadot has had 15/30 (50%) green days and 6.48% price volatility.
Polkadot (DOT) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Polkadot Profit Calculator
Profit calculation please wait…
Polkadot (DOT) Price Prediction For Today, Tomorrow and Next 30 Days
| Date | Price | Change |
|---|---|---|
| February 07, 2024 | $6.77 | -0.44% |
| February 08, 2024 | $7.10 | 4.41% |
| February 09, 2024 | $7.18 | 5.59% |
| February 10, 2024 | $6.86 | 0.88% |
| February 11, 2024 | $6.34 | -6.76% |
| February 12, 2024 | $6.78 | -0.29% |
| February 13, 2024 | $7.32 | 7.65% |
| February 14, 2024 | $6.95 | 2.21% |
| February 15, 2024 | $6.36 | -6.47% |
| February 16, 2024 | $6.04 | -11.18% |
| February 17, 2024 | $6.88 | 1.18% |
| February 18, 2024 | $6.01 | -11.62% |
| February 19, 2024 | $6.37 | -6.32% |
| February 20, 2024 | $7.08 | 4.12% |
| February 21, 2024 | $7.27 | 6.91% |
| February 22, 2024 | $7.29 | 7.21% |
| February 23, 2024 | $7.11 | 4.56% |
| February 24, 2024 | $6.71 | -1.32% |
| February 25, 2024 | $6.44 | -5.29% |
| February 26, 2024 | $6.46 | -5% |
| February 27, 2024 | $6.68 | -1.76% |
| February 28, 2024 | $6.28 | -7.65% |
| February 29, 2024 | $7.18 | 5.59% |
| March 01, 2024 | $7.05 | 3.68% |
| March 02, 2024 | $6.33 | -6.91% |
| March 03, 2024 | $6.31 | -7.21% |
| March 04, 2024 | $6.45 | -5.15% |
| March 05, 2024 | $6.27 | -7.79% |
| March 06, 2024 | $6.54 | -3.82% |
| March 07, 2024 | $7.35 | 8.09% |
Polkadot Prediction Table
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
| February | $6.01 | $6.67 | $7.32 | |
| March | $6.27 | $6.89 | $7.50 | |
| April | $6.85 | $7.36 | $7.86 | |
| May | $6.56 | $7.14 | $7.71 | |
| June | $6.19 | $6.97 | $7.75 | |
| July | $7.02 | $7.39 | $7.75 | |
| August | $5.25 | $6.42 | $7.59 | |
| September | $5.25 | $5.49 | $5.72 | |
| October | $5.30 | $5.57 | $5.83 | |
| November | $5.23 | $5.48 | $5.73 | |
| December | $4.96 | $5.40 | $5.84 | |
| All Time | $5.90 | $6.43 | $6.96 |
Choose a year
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
Polkadot Historical
According to the latest data gathered, the current price of Polkadot is $$6.76, and DOT is presently ranked No. 13 in the entire crypto ecosystem. The circulation supply of Polkadot is $9,017,111,660.25, with a market cap of 1,333,835,868 DOT.
In the past 24 hours, the crypto has increased by $0.03 in its current value.
For the last 7 days, DOT has been in a good upward trend, thus increasing by 3.38%. Polkadot has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of DOT has increased by 5.4%, adding a colossal average amount of $0.37 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Polkadot Price Prediction 2024
According to the technical analysis of Polkadot prices expected in 2024, the minimum cost of Polkadot will be $$5.02. The maximum level that the DOT price can reach is $$6.44. The average trading price is expected around $$7.86.
DOT Price Forecast for February 2024
Based on the price fluctuations of Polkadot at the beginning of 2023, crypto experts expect the average DOT rate of $$6.67 in February 2024. Its minimum and maximum prices can be expected at $$6.01 and at $$7.32, respectively.
March 2024: Polkadot Price Forecast
Cryptocurrency experts are ready to announce their forecast for the DOT price in March 2024. The minimum trading cost might be $$6.27, while the maximum might reach $$7.50 during this month. On average, it is expected that the value of Polkadot might be around $$6.89.
DOT Price Forecast for April 2024
Crypto analysts have checked the price fluctuations of Polkadot in 2023 and in previous years, so the average DOT rate they predict might be around $$7.36 in April 2024. It can drop to $$6.85 as a minimum. The maximum value might be $$7.86.
May 2024: Polkadot Price Forecast
In the middle of the year 2023, the DOT price will be traded at $$7.14 on average. May 2024 might also witness an increase in the Polkadot value to $$7.71. It is assumed that the price will not drop lower than $$6.56 in May 2024.
DOT Price Forecast for June 2024
Crypto experts have analyzed Polkadot prices in 2023, so they are ready to provide their estimated trading average for June 2024 — $$6.97. The lowest and peak DOT rates might be $$6.19 and $$7.75.
July 2024: Polkadot Price Forecast
Crypto analysts expect that at the end of summer 2023, the DOT price will be around $$7.39. In July 2024, the Polkadot cost may drop to a minimum of $$7.02. The expected peak value might be $$7.75 in July 2024.
DOT Price Forecast for August 2024
Having analyzed Polkadot prices, cryptocurrency experts expect that the DOT rate might reach a maximum of $$7.59 in August 2024. It might, however, drop to $$5.25. For August 2024, the forecasted average of Polkadot is nearly $$6.42.
September 2024: Polkadot Price Forecast
In the middle of autumn 2023, the Polkadot cost will be traded at the average level of $$5.49. Crypto analysts expect that in September 2024, the DOT price might fluctuate between $$5.25 and $$5.72.
DOT Price Forecast for October 2024
Market experts expect that in October 2024, the Polkadot value will not drop below a minimum of $$5.30. The maximum peak expected this month is $$5.83. The estimated average trading value will be at the level of $$5.57.
November 2024: Polkadot Price Forecast
Cryptocurrency experts have carefully analyzed the range of DOT prices throughout 2023. For November 2024, their forecast is the following: the maximum trading value of Polkadot will be around $$5.73, with a possibility of dropping to a minimum of $$5.23. In November 2024, the average cost will be $$5.48.
DOT Price Forecast for December 2024
Market analysts predict that Polkadot will not fall below $$4.96 in December 2024, with a chance of peaking at $$5.84 in the same month. The average trading value is expected to be $$5.40.
Polkadot Price Prediction 2025
After the analysis of the prices of Polkadot in previous years, it is assumed that in 2025, the minimum price of Polkadot will be around $$14.23. The maximum expected DOT price may be around $$16.77. On average, the trading price might be $$14.63 in 2025.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $5.79 | $8.42 | $7.30 |
| February 2025 | $6.56 | $8.99 | $8.16 |
| March 2025 | $7.32 | $9.55 | $9.02 |
| April 2025 | $8.09 | $10.12 | $9.88 |
| May 2025 | $8.86 | $10.68 | $10.74 |
| June 2025 | $9.63 | $11.25 | $11.61 |
| July 2025 | $10.39 | $11.81 | $12.47 |
| August 2025 | $11.16 | $12.37 | $13.33 |
| September 2025 | $11.93 | $12.94 | $14.19 |
| October 2025 | $12.70 | $13.50 | $15.05 |
| November 2025 | $13.46 | $14.07 | $15.91 |
| December 2025 | $14.23 | $14.63 | $16.77 |
Polkadot Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Polkadot, in 2026, DOT is expected to have the following minimum and maximum prices: about $$20.07 and $$24.62, respectively. The average expected trading cost is $$20.65.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2026 | $14.72 | $15.13 | $17.42 |
| February 2026 | $15.20 | $15.63 | $18.08 |
| March 2026 | $15.69 | $16.14 | $18.73 |
| April 2026 | $16.18 | $16.64 | $19.39 |
| May 2026 | $16.66 | $17.14 | $20.04 |
| June 2026 | $17.15 | $17.64 | $20.70 |
| July 2026 | $17.64 | $18.14 | $21.35 |
| August 2026 | $18.12 | $18.64 | $22 |
| September 2026 | $18.61 | $19.15 | $22.66 |
| October 2026 | $19.10 | $19.65 | $23.31 |
| November 2026 | $19.58 | $20.15 | $23.97 |
| December 2026 | $20.07 | $20.65 | $24.62 |
Polkadot Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Polkadot and their fluctuations during the previous years. It is assumed that in 2027, the minimum DOT price might drop to $$27.76, while its maximum can reach $$34.24. On average, the trading cost will be around $$28.59.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2027 | $20.71 | $21.31 | $25.42 |
| February 2027 | $21.35 | $21.97 | $26.22 |
| March 2027 | $21.99 | $22.64 | $27.03 |
| April 2027 | $22.63 | $23.30 | $27.83 |
| May 2027 | $23.27 | $23.96 | $28.63 |
| June 2027 | $23.92 | $24.62 | $29.43 |
| July 2027 | $24.56 | $25.28 | $30.23 |
| August 2027 | $25.20 | $25.94 | $31.03 |
| September 2027 | $25.84 | $26.61 | $31.84 |
| October 2027 | $26.48 | $27.27 | $32.64 |
| November 2027 | $27.12 | $27.93 | $33.44 |
| December 2027 | $27.76 | $28.59 | $34.24 |
Polkadot Price Prediction 2028
Based on the analysis of the costs of Polkadot by crypto experts, the following maximum and minimum DOT prices are expected in 2028: $$48.55 and $$41.33. On average, it will be traded at $$42.76.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2028 | $28.89 | $29.77 | $35.43 |
| February 2028 | $30.02 | $30.95 | $36.63 |
| March 2028 | $31.15 | $32.13 | $37.82 |
| April 2028 | $32.28 | $33.31 | $39.01 |
| May 2028 | $33.41 | $34.49 | $40.20 |
| June 2028 | $34.55 | $35.68 | $41.40 |
| July 2028 | $35.68 | $36.86 | $42.59 |
| August 2028 | $36.81 | $38.04 | $43.78 |
| September 2028 | $37.94 | $39.22 | $44.97 |
| October 2028 | $39.07 | $40.40 | $46.17 |
| November 2028 | $40.20 | $41.58 | $47.36 |
| December 2028 | $41.33 | $42.76 | $48.55 |
Polkadot Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Polkadot. Based on their predictions, the estimated average DOT price will be around $$62.72. It might drop to a minimum of $$61.01, but it still might reach $$72.28 throughout 2029.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2029 | $42.97 | $44.42 | $50.53 |
| February 2029 | $44.61 | $46.09 | $52.51 |
| March 2029 | $46.25 | $47.75 | $54.48 |
| April 2029 | $47.89 | $49.41 | $56.46 |
| May 2029 | $49.53 | $51.08 | $58.44 |
| June 2029 | $51.17 | $52.74 | $60.42 |
| July 2029 | $52.81 | $54.40 | $62.39 |
| August 2029 | $54.45 | $56.07 | $64.37 |
| September 2029 | $56.09 | $57.73 | $66.35 |
| October 2029 | $57.73 | $59.39 | $68.33 |
| November 2029 | $59.37 | $61.06 | $70.30 |
| December 2029 | $61.01 | $62.72 | $72.28 |
Polkadot Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Polkadot. It is estimated that DOT will be traded between $$91.33 and $$105.79 in 2030. Its average cost is expected at around $$93.84 during the year.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2030 | $63.54 | $65.31 | $75.07 |
| February 2030 | $66.06 | $67.91 | $77.87 |
| March 2030 | $68.59 | $70.50 | $80.66 |
| April 2030 | $71.12 | $73.09 | $83.45 |
| May 2030 | $73.64 | $75.69 | $86.24 |
| June 2030 | $76.17 | $78.28 | $89.04 |
| July 2030 | $78.70 | $80.87 | $91.83 |
| August 2030 | $81.22 | $83.47 | $94.62 |
| September 2030 | $83.75 | $86.06 | $97.41 |
| October 2030 | $86.28 | $88.65 | $100.21 |
| November 2030 | $88.80 | $91.25 | $103 |
| December 2030 | $91.33 | $93.84 | $105.79 |
Polkadot Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Polkadot’s price. The year 2031 will be determined by the maximum DOT price of $$158.24. However, its rate might drop to around $$134.34. So, the expected average trading price is $$139.03.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2031 | $94.91 | $97.61 | $110.16 |
| February 2031 | $98.50 | $101.37 | $114.53 |
| March 2031 | $102.08 | $105.14 | $118.90 |
| April 2031 | $105.67 | $108.90 | $123.27 |
| May 2031 | $109.25 | $112.67 | $127.64 |
| June 2031 | $112.84 | $116.44 | $132.02 |
| July 2031 | $116.42 | $120.20 | $136.39 |
| August 2031 | $120 | $123.97 | $140.76 |
| September 2031 | $123.59 | $127.73 | $145.13 |
| October 2031 | $127.17 | $131.50 | $149.50 |
| November 2031 | $130.76 | $135.26 | $153.87 |
| December 2031 | $134.34 | $139.03 | $158.24 |
Polkadot Price Prediction 2032
After years of analysis of the Polkadot price, crypto experts are ready to provide their DOT cost estimation for 2032. It will be traded for at least $$188.73, with the possible maximum peaks at $$234.97. Therefore, on average, you can expect the DOT price to be around $$194.30 in 2032.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2032 | $138.87 | $143.64 | $164.63 |
| February 2032 | $143.41 | $148.24 | $171.03 |
| March 2032 | $147.94 | $152.85 | $177.42 |
| April 2032 | $152.47 | $157.45 | $183.82 |
| May 2032 | $157 | $162.06 | $190.21 |
| June 2032 | $161.54 | $166.67 | $196.61 |
| July 2032 | $166.07 | $171.27 | $203 |
| August 2032 | $170.60 | $175.88 | $209.39 |
| September 2032 | $175.13 | $180.48 | $215.79 |
| October 2032 | $179.67 | $185.09 | $222.18 |
| November 2032 | $184.20 | $189.69 | $228.58 |
| December 2032 | $188.73 | $194.30 | $234.97 |
Polkadot Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Polkadot’s price. The year 2033 will be determined by the maximum DOT price of $$331.16. However, its rate might drop to around $$274.54. So, the expected average trading price is $$282.32.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2033 | $195.88 | $201.64 | $242.99 |
| February 2033 | $203.03 | $208.97 | $251 |
| March 2033 | $210.18 | $216.31 | $259.02 |
| April 2033 | $217.33 | $223.64 | $267.03 |
| May 2033 | $224.48 | $230.98 | $275.05 |
| June 2033 | $231.64 | $238.31 | $283.07 |
| July 2033 | $238.79 | $245.65 | $291.08 |
| August 2033 | $245.94 | $252.98 | $299.10 |
| September 2033 | $253.09 | $260.32 | $307.11 |
| October 2033 | $260.24 | $267.65 | $315.13 |
| November 2033 | $267.39 | $274.99 | $323.14 |
| December 2033 | $274.54 | $282.32 | $331.16 |
Polkadot Price Prediction 2040
According to the technical analysis of Polkadot prices expected in 2040, the minimum cost of Polkadot will be $$4,644.15. The maximum level that the DOT price can reach is $$5,793.18. The average trading price is expected around $$5,039.40.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2040 | $638.67 | $678.74 | $786.33 |
| February 2040 | $1,002.81 | $1,075.17 | $1,241.50 |
| March 2040 | $1,366.94 | $1,471.59 | $1,696.67 |
| April 2040 | $1,731.08 | $1,868.01 | $2,151.83 |
| May 2040 | $2,095.21 | $2,264.44 | $2,607 |
| June 2040 | $2,459.35 | $2,660.86 | $3,062.17 |
| July 2040 | $2,823.48 | $3,057.28 | $3,517.34 |
| August 2040 | $3,187.61 | $3,453.71 | $3,972.51 |
| September 2040 | $3,551.75 | $3,850.13 | $4,427.68 |
| October 2040 | $3,915.88 | $4,246.55 | $4,882.84 |
| November 2040 | $4,280.02 | $4,642.98 | $5,338.01 |
| December 2040 | $4,644.15 | $5,039.40 | $5,793.18 |
Polkadot Price Prediction 2050
After the analysis of the prices of Polkadot in previous years, it is assumed that in 2050, the minimum price of Polkadot will be around $$6,402.99. The maximum expected DOT price may be around $$7,520.98. On average, the trading price might be $$6,744.60 in 2050.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2050 | $4,790.72 | $5,181.50 | $5,937.16 |
| February 2050 | $4,937.29 | $5,323.60 | $6,081.15 |
| March 2050 | $5,083.86 | $5,465.70 | $6,225.13 |
| April 2050 | $5,230.43 | $5,607.80 | $6,369.11 |
| May 2050 | $5,377 | $5,749.90 | $6,513.10 |
| June 2050 | $5,523.57 | $5,892 | $6,657.08 |
| July 2050 | $5,670.14 | $6,034.10 | $6,801.06 |
| August 2050 | $5,816.71 | $6,176.20 | $6,945.05 |
| September 2050 | $5,963.28 | $6,318.30 | $7,089.03 |
| October 2050 | $6,109.85 | $6,460.40 | $7,233.01 |
| November 2050 | $6,256.42 | $6,602.50 | $7,377 |
| December 2050 | $6,402.99 | $6,744.60 | $7,520.98 |
What Is Polkadot (DOT)?
Polkadot appeared in 2016 when Gavin Wood published a whitepaper describing the technical features of the project. Although Wood thought that blockchain technology had a bright future, he could also see that it had a lot of issues. Polkadot was designed to overcome those challenges.
The main challenge Polkadot aims to address is the lack of interoperability between different blockchains. The project seeks to create a scalable blockchain architecture that can grow infinitely in accordance with demand. This is achieved through the use of the relay chain and parachains.
Although the project’s main goal is to create a platform that allows different blockchains to interact with each other, its developers do not intend to stop there. They are aiming to create a fully decentralized Internet 3.0 based on Web3.
Parachains
Parachains are custom blockchains that are all connected to the Polkadot relay chain. They are the technology that allows different blockchain projects to swiftly and efficiently interact with each other. You can read more about them here.
DOT
The DOT token is the native cryptocurrency of the Polkadot blockchain. Polkadot has a complex governance system where all DOT holders have voting rights. Proposals can be made either by the DOT owners or by the Board. In both cases, the proposal must be agreed upon in a referendum based on the voted stake.
All DOT holders control the use of the Treasure through referendums. A part of the validator’s rewards and part of the transaction fees and slashing (a penalty paid by a validator that acts maliciously or incorrectly) are channeled into the treasury for its replenishment. These funds are used to pay for the system’s smooth running and support the entire ecosystem (marketing, public events, and outreach).
The DOT token has three main purposes:
- Governance. Polkadot token holders have complete control over the ecosystem. This also includes resolving questions about updating or fixing protocols.
- Staking. Token holders will be rewarded for good behavior and lose tokens for bad behavior. Such a mechanism will ensure that all network participants are interested in only performing transactions that meet consensus requirements.
- Bonding. In order to add new parachains, it will be necessary to bind tokens, remove old and unnecessary ones, and remove bound tokens. This mechanism is a form of a proof-of-stake algorithm.
Here’s the current price of Polkadot.
Polkadot Price Analysis
DOT is currently (as of March 2021) ranked 12th by market capitalization on CoinMarketCap. It has been steadily gaining popularity for the last two years as its team expanded its functionality, partnered with new innovative projects, and dedicated a lot of resources to promoting the project.
Just like Bitcoin and many other coins and tokens, DOT hit its latest ATH in November 2021. Overall, this token is great at following the market and responds well to the hype in the industry and positive market sentiment. Additionally, it should be noted that Polkadot never “crashed” in the same way many other cryptocurrencies did and still do — its lowest price in summer 2021 still stayed above $10.
Polkadot’s true value, however, lies in its functionality and a solid technical foundation. Unlike many other crypto projects, Polkadot has a real shot at becoming widely used by businesses across the world. As companies start looking into safer ways to store and interact with data, blockchain technology is going to prosper, and with it, projects that can facilitate interoperability like Polkadot will also thrive.
Polkadot Forecast by Experts
Polkadot has proven itself as a reliable and innovative crypto project, and many investors are following it quite closely. Here are some Polkadot predictions made by leading crypto experts.
Over a year ago, a lot of investors were bearish on Polkadot, expecting it to fall in both the short and long term. However, the DOT price has proven them all wrong. Nowadays, most experts are bullish on Polkadot and think that the project has much potential.
Wallet Investor and its AI algorithm are still bearish on the token in the short term and expect it to stay in the $13-15 range in March 2022. However, their Polkadot cryptocurrency price prediction also states that DOT will see an almost 50% price increase in under a year.
The experts from Crowd Wisdom are bullish on Polkadot. They think it has the potential to rise to $25 and above in 2022. They also point out how the token is currently popular on social media, and its trading volume has been steadily rising in the past few days. All these things create great opportunities for short-term growth.
DigitalCoin’s Polkadot price prediction is also bullish: like many others, they are expecting the DOT price to come close to $25 by the end of 2022.
At the time of writing this article, the result of the Polkadot technical analysis performed by TradingView was bullish — the website is currently giving DOT a “buy” signal. The widget below shows the result of TradingView’s technical analysis of Polkadot in real time.
What Will Polkadot Be Worth in 5 Years?
Our Polkadot prediction for 2027 is an average price of $70.
Does Polkadot Have a Future?
Polkadot is a great project that has much potential. It has an innovative, dedicated team and a solid technical foundation, so we think it has a bright future.
Can Polkadot Reach $100?
Polkadot has already reached $50 in the past, so getting to $100 is possible. However, it would take a significant market boom for the DOT price to rise that sharply.
Can Polkadot Reach $500?
Polkadot is currently unlikely to reach $500. However, the DOT price may rise that high in the future if the token’s team continues to promote and upgrade the project.
Can Polkadot Reach $1,000?
At the moment, we don’t think that Polkadot’s price is capable of reaching $1,000. It could happen if it gains unprecedented support from the public and/or some major companies, but currently, it does not seem very likely.
Where Can I Buy Polkadot?
DOT is supported by all major crypto exchanges. You can also buy Polkadot on our instant exchange platform Changelly benefiting from our great rates and low fees.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
Being one of the most innovative crypto projects on the market, Polkadot solves one of the biggest hurdles of the crypto industry, which has a ton of interesting projects that are struggling to interact with each other in meaningful and effective ways.
Polkadot and its token DOT provide blockchain businesses across the globe with unparalleled interoperability. This project has firmly established its place in the crypto market and is only gaining popularity. As a result, it attracts the interest of a lot of investors. Here’s our Polkadot price prediction for 2022-2030.
Polkadot Overview
|
|
- Our real-time DOT to USD price update shows the current Polkadot price as $6.7 USD.
- Our most recent Polkadot price forecast indicates that its value will increase by 5.59% and reach $7.18 by February 08, 2024.
- Our technical indicators signal about the Neutral Bullish 59% market sentiment on Polkadot, while the Fear & Greed Index is displaying a score of 64 (Greed).
- Over the last 30 days, Polkadot has had 15/30 (50%) green days and 6.48% price volatility.
Polkadot (DOT) Technical Overview
When discussing future trading opportunities of digital assets, it is essential to pay attention to market sentiments.
Polkadot Profit Calculator
Profit calculation please wait…
Polkadot (DOT) Price Prediction For Today, Tomorrow and Next 30 Days
| Date | Price | Change |
|---|---|---|
| February 07, 2024 | $6.77 | -0.44% |
| February 08, 2024 | $7.10 | 4.41% |
| February 09, 2024 | $7.18 | 5.59% |
| February 10, 2024 | $6.86 | 0.88% |
| February 11, 2024 | $6.34 | -6.76% |
| February 12, 2024 | $6.78 | -0.29% |
| February 13, 2024 | $7.32 | 7.65% |
| February 14, 2024 | $6.95 | 2.21% |
| February 15, 2024 | $6.36 | -6.47% |
| February 16, 2024 | $6.04 | -11.18% |
| February 17, 2024 | $6.88 | 1.18% |
| February 18, 2024 | $6.01 | -11.62% |
| February 19, 2024 | $6.37 | -6.32% |
| February 20, 2024 | $7.08 | 4.12% |
| February 21, 2024 | $7.27 | 6.91% |
| February 22, 2024 | $7.29 | 7.21% |
| February 23, 2024 | $7.11 | 4.56% |
| February 24, 2024 | $6.71 | -1.32% |
| February 25, 2024 | $6.44 | -5.29% |
| February 26, 2024 | $6.46 | -5% |
| February 27, 2024 | $6.68 | -1.76% |
| February 28, 2024 | $6.28 | -7.65% |
| February 29, 2024 | $7.18 | 5.59% |
| March 01, 2024 | $7.05 | 3.68% |
| March 02, 2024 | $6.33 | -6.91% |
| March 03, 2024 | $6.31 | -7.21% |
| March 04, 2024 | $6.45 | -5.15% |
| March 05, 2024 | $6.27 | -7.79% |
| March 06, 2024 | $6.54 | -3.82% |
| March 07, 2024 | $7.35 | 8.09% |
Polkadot Prediction Table
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
| February | $6.01 | $6.67 | $7.32 | |
| March | $6.27 | $6.89 | $7.50 | |
| April | $6.85 | $7.36 | $7.86 | |
| May | $6.56 | $7.14 | $7.71 | |
| June | $6.19 | $6.97 | $7.75 | |
| July | $7.02 | $7.39 | $7.75 | |
| August | $5.25 | $6.42 | $7.59 | |
| September | $5.25 | $5.49 | $5.72 | |
| October | $5.30 | $5.57 | $5.83 | |
| November | $5.23 | $5.48 | $5.73 | |
| December | $4.96 | $5.40 | $5.84 | |
| All Time | $5.90 | $6.43 | $6.96 |
Choose a year
2024
2025
2026
2027
2028
2029
2030
2031
2032
2033
2040
2050
Polkadot Historical
According to the latest data gathered, the current price of Polkadot is $$6.76, and DOT is presently ranked No. 13 in the entire crypto ecosystem. The circulation supply of Polkadot is $9,017,111,660.25, with a market cap of 1,333,835,868 DOT.
In the past 24 hours, the crypto has increased by $0.03 in its current value.
For the last 7 days, DOT has been in a good upward trend, thus increasing by 3.38%. Polkadot has shown very strong potential lately, and this could be a good opportunity to dig right in and invest.
During the last month, the price of DOT has increased by 5.4%, adding a colossal average amount of $0.37 to its current value. This sudden growth means that the coin can become a solid asset now if it continues to grow.
Polkadot Price Prediction 2024
According to the technical analysis of Polkadot prices expected in 2024, the minimum cost of Polkadot will be $$5.02. The maximum level that the DOT price can reach is $$6.44. The average trading price is expected around $$7.86.
DOT Price Forecast for February 2024
Based on the price fluctuations of Polkadot at the beginning of 2023, crypto experts expect the average DOT rate of $$6.67 in February 2024. Its minimum and maximum prices can be expected at $$6.01 and at $$7.32, respectively.
March 2024: Polkadot Price Forecast
Cryptocurrency experts are ready to announce their forecast for the DOT price in March 2024. The minimum trading cost might be $$6.27, while the maximum might reach $$7.50 during this month. On average, it is expected that the value of Polkadot might be around $$6.89.
DOT Price Forecast for April 2024
Crypto analysts have checked the price fluctuations of Polkadot in 2023 and in previous years, so the average DOT rate they predict might be around $$7.36 in April 2024. It can drop to $$6.85 as a minimum. The maximum value might be $$7.86.
May 2024: Polkadot Price Forecast
In the middle of the year 2023, the DOT price will be traded at $$7.14 on average. May 2024 might also witness an increase in the Polkadot value to $$7.71. It is assumed that the price will not drop lower than $$6.56 in May 2024.
DOT Price Forecast for June 2024
Crypto experts have analyzed Polkadot prices in 2023, so they are ready to provide their estimated trading average for June 2024 — $$6.97. The lowest and peak DOT rates might be $$6.19 and $$7.75.
July 2024: Polkadot Price Forecast
Crypto analysts expect that at the end of summer 2023, the DOT price will be around $$7.39. In July 2024, the Polkadot cost may drop to a minimum of $$7.02. The expected peak value might be $$7.75 in July 2024.
DOT Price Forecast for August 2024
Having analyzed Polkadot prices, cryptocurrency experts expect that the DOT rate might reach a maximum of $$7.59 in August 2024. It might, however, drop to $$5.25. For August 2024, the forecasted average of Polkadot is nearly $$6.42.
September 2024: Polkadot Price Forecast
In the middle of autumn 2023, the Polkadot cost will be traded at the average level of $$5.49. Crypto analysts expect that in September 2024, the DOT price might fluctuate between $$5.25 and $$5.72.
DOT Price Forecast for October 2024
Market experts expect that in October 2024, the Polkadot value will not drop below a minimum of $$5.30. The maximum peak expected this month is $$5.83. The estimated average trading value will be at the level of $$5.57.
November 2024: Polkadot Price Forecast
Cryptocurrency experts have carefully analyzed the range of DOT prices throughout 2023. For November 2024, their forecast is the following: the maximum trading value of Polkadot will be around $$5.73, with a possibility of dropping to a minimum of $$5.23. In November 2024, the average cost will be $$5.48.
DOT Price Forecast for December 2024
Market analysts predict that Polkadot will not fall below $$4.96 in December 2024, with a chance of peaking at $$5.84 in the same month. The average trading value is expected to be $$5.40.
Polkadot Price Prediction 2025
After the analysis of the prices of Polkadot in previous years, it is assumed that in 2025, the minimum price of Polkadot will be around $$14.23. The maximum expected DOT price may be around $$16.77. On average, the trading price might be $$14.63 in 2025.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2025 | $5.79 | $8.42 | $7.30 |
| February 2025 | $6.56 | $8.99 | $8.16 |
| March 2025 | $7.32 | $9.55 | $9.02 |
| April 2025 | $8.09 | $10.12 | $9.88 |
| May 2025 | $8.86 | $10.68 | $10.74 |
| June 2025 | $9.63 | $11.25 | $11.61 |
| July 2025 | $10.39 | $11.81 | $12.47 |
| August 2025 | $11.16 | $12.37 | $13.33 |
| September 2025 | $11.93 | $12.94 | $14.19 |
| October 2025 | $12.70 | $13.50 | $15.05 |
| November 2025 | $13.46 | $14.07 | $15.91 |
| December 2025 | $14.23 | $14.63 | $16.77 |
Polkadot Price Prediction 2026
Based on the technical analysis by cryptocurrency experts regarding the prices of Polkadot, in 2026, DOT is expected to have the following minimum and maximum prices: about $$20.07 and $$24.62, respectively. The average expected trading cost is $$20.65.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2026 | $14.72 | $15.13 | $17.42 |
| February 2026 | $15.20 | $15.63 | $18.08 |
| March 2026 | $15.69 | $16.14 | $18.73 |
| April 2026 | $16.18 | $16.64 | $19.39 |
| May 2026 | $16.66 | $17.14 | $20.04 |
| June 2026 | $17.15 | $17.64 | $20.70 |
| July 2026 | $17.64 | $18.14 | $21.35 |
| August 2026 | $18.12 | $18.64 | $22 |
| September 2026 | $18.61 | $19.15 | $22.66 |
| October 2026 | $19.10 | $19.65 | $23.31 |
| November 2026 | $19.58 | $20.15 | $23.97 |
| December 2026 | $20.07 | $20.65 | $24.62 |
Polkadot Price Prediction 2027
The experts in the field of cryptocurrency have analyzed the prices of Polkadot and their fluctuations during the previous years. It is assumed that in 2027, the minimum DOT price might drop to $$27.76, while its maximum can reach $$34.24. On average, the trading cost will be around $$28.59.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2027 | $20.71 | $21.31 | $25.42 |
| February 2027 | $21.35 | $21.97 | $26.22 |
| March 2027 | $21.99 | $22.64 | $27.03 |
| April 2027 | $22.63 | $23.30 | $27.83 |
| May 2027 | $23.27 | $23.96 | $28.63 |
| June 2027 | $23.92 | $24.62 | $29.43 |
| July 2027 | $24.56 | $25.28 | $30.23 |
| August 2027 | $25.20 | $25.94 | $31.03 |
| September 2027 | $25.84 | $26.61 | $31.84 |
| October 2027 | $26.48 | $27.27 | $32.64 |
| November 2027 | $27.12 | $27.93 | $33.44 |
| December 2027 | $27.76 | $28.59 | $34.24 |
Polkadot Price Prediction 2028
Based on the analysis of the costs of Polkadot by crypto experts, the following maximum and minimum DOT prices are expected in 2028: $$48.55 and $$41.33. On average, it will be traded at $$42.76.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2028 | $28.89 | $29.77 | $35.43 |
| February 2028 | $30.02 | $30.95 | $36.63 |
| March 2028 | $31.15 | $32.13 | $37.82 |
| April 2028 | $32.28 | $33.31 | $39.01 |
| May 2028 | $33.41 | $34.49 | $40.20 |
| June 2028 | $34.55 | $35.68 | $41.40 |
| July 2028 | $35.68 | $36.86 | $42.59 |
| August 2028 | $36.81 | $38.04 | $43.78 |
| September 2028 | $37.94 | $39.22 | $44.97 |
| October 2028 | $39.07 | $40.40 | $46.17 |
| November 2028 | $40.20 | $41.58 | $47.36 |
| December 2028 | $41.33 | $42.76 | $48.55 |
Polkadot Price Prediction 2029
Crypto experts are constantly analyzing the fluctuations of Polkadot. Based on their predictions, the estimated average DOT price will be around $$62.72. It might drop to a minimum of $$61.01, but it still might reach $$72.28 throughout 2029.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2029 | $42.97 | $44.42 | $50.53 |
| February 2029 | $44.61 | $46.09 | $52.51 |
| March 2029 | $46.25 | $47.75 | $54.48 |
| April 2029 | $47.89 | $49.41 | $56.46 |
| May 2029 | $49.53 | $51.08 | $58.44 |
| June 2029 | $51.17 | $52.74 | $60.42 |
| July 2029 | $52.81 | $54.40 | $62.39 |
| August 2029 | $54.45 | $56.07 | $64.37 |
| September 2029 | $56.09 | $57.73 | $66.35 |
| October 2029 | $57.73 | $59.39 | $68.33 |
| November 2029 | $59.37 | $61.06 | $70.30 |
| December 2029 | $61.01 | $62.72 | $72.28 |
Polkadot Price Prediction 2030
Every year, cryptocurrency experts prepare forecasts for the price of Polkadot. It is estimated that DOT will be traded between $$91.33 and $$105.79 in 2030. Its average cost is expected at around $$93.84 during the year.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2030 | $63.54 | $65.31 | $75.07 |
| February 2030 | $66.06 | $67.91 | $77.87 |
| March 2030 | $68.59 | $70.50 | $80.66 |
| April 2030 | $71.12 | $73.09 | $83.45 |
| May 2030 | $73.64 | $75.69 | $86.24 |
| June 2030 | $76.17 | $78.28 | $89.04 |
| July 2030 | $78.70 | $80.87 | $91.83 |
| August 2030 | $81.22 | $83.47 | $94.62 |
| September 2030 | $83.75 | $86.06 | $97.41 |
| October 2030 | $86.28 | $88.65 | $100.21 |
| November 2030 | $88.80 | $91.25 | $103 |
| December 2030 | $91.33 | $93.84 | $105.79 |
Polkadot Price Prediction 2031
Cryptocurrency analysts are ready to announce their estimations of the Polkadot’s price. The year 2031 will be determined by the maximum DOT price of $$158.24. However, its rate might drop to around $$134.34. So, the expected average trading price is $$139.03.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2031 | $94.91 | $97.61 | $110.16 |
| February 2031 | $98.50 | $101.37 | $114.53 |
| March 2031 | $102.08 | $105.14 | $118.90 |
| April 2031 | $105.67 | $108.90 | $123.27 |
| May 2031 | $109.25 | $112.67 | $127.64 |
| June 2031 | $112.84 | $116.44 | $132.02 |
| July 2031 | $116.42 | $120.20 | $136.39 |
| August 2031 | $120 | $123.97 | $140.76 |
| September 2031 | $123.59 | $127.73 | $145.13 |
| October 2031 | $127.17 | $131.50 | $149.50 |
| November 2031 | $130.76 | $135.26 | $153.87 |
| December 2031 | $134.34 | $139.03 | $158.24 |
Polkadot Price Prediction 2032
After years of analysis of the Polkadot price, crypto experts are ready to provide their DOT cost estimation for 2032. It will be traded for at least $$188.73, with the possible maximum peaks at $$234.97. Therefore, on average, you can expect the DOT price to be around $$194.30 in 2032.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2032 | $138.87 | $143.64 | $164.63 |
| February 2032 | $143.41 | $148.24 | $171.03 |
| March 2032 | $147.94 | $152.85 | $177.42 |
| April 2032 | $152.47 | $157.45 | $183.82 |
| May 2032 | $157 | $162.06 | $190.21 |
| June 2032 | $161.54 | $166.67 | $196.61 |
| July 2032 | $166.07 | $171.27 | $203 |
| August 2032 | $170.60 | $175.88 | $209.39 |
| September 2032 | $175.13 | $180.48 | $215.79 |
| October 2032 | $179.67 | $185.09 | $222.18 |
| November 2032 | $184.20 | $189.69 | $228.58 |
| December 2032 | $188.73 | $194.30 | $234.97 |
Polkadot Price Prediction 2033
Cryptocurrency analysts are ready to announce their estimations of the Polkadot’s price. The year 2033 will be determined by the maximum DOT price of $$331.16. However, its rate might drop to around $$274.54. So, the expected average trading price is $$282.32.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2033 | $195.88 | $201.64 | $242.99 |
| February 2033 | $203.03 | $208.97 | $251 |
| March 2033 | $210.18 | $216.31 | $259.02 |
| April 2033 | $217.33 | $223.64 | $267.03 |
| May 2033 | $224.48 | $230.98 | $275.05 |
| June 2033 | $231.64 | $238.31 | $283.07 |
| July 2033 | $238.79 | $245.65 | $291.08 |
| August 2033 | $245.94 | $252.98 | $299.10 |
| September 2033 | $253.09 | $260.32 | $307.11 |
| October 2033 | $260.24 | $267.65 | $315.13 |
| November 2033 | $267.39 | $274.99 | $323.14 |
| December 2033 | $274.54 | $282.32 | $331.16 |
Polkadot Price Prediction 2040
According to the technical analysis of Polkadot prices expected in 2040, the minimum cost of Polkadot will be $$4,644.15. The maximum level that the DOT price can reach is $$5,793.18. The average trading price is expected around $$5,039.40.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2040 | $638.67 | $678.74 | $786.33 |
| February 2040 | $1,002.81 | $1,075.17 | $1,241.50 |
| March 2040 | $1,366.94 | $1,471.59 | $1,696.67 |
| April 2040 | $1,731.08 | $1,868.01 | $2,151.83 |
| May 2040 | $2,095.21 | $2,264.44 | $2,607 |
| June 2040 | $2,459.35 | $2,660.86 | $3,062.17 |
| July 2040 | $2,823.48 | $3,057.28 | $3,517.34 |
| August 2040 | $3,187.61 | $3,453.71 | $3,972.51 |
| September 2040 | $3,551.75 | $3,850.13 | $4,427.68 |
| October 2040 | $3,915.88 | $4,246.55 | $4,882.84 |
| November 2040 | $4,280.02 | $4,642.98 | $5,338.01 |
| December 2040 | $4,644.15 | $5,039.40 | $5,793.18 |
Polkadot Price Prediction 2050
After the analysis of the prices of Polkadot in previous years, it is assumed that in 2050, the minimum price of Polkadot will be around $$6,402.99. The maximum expected DOT price may be around $$7,520.98. On average, the trading price might be $$6,744.60 in 2050.
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January 2050 | $4,790.72 | $5,181.50 | $5,937.16 |
| February 2050 | $4,937.29 | $5,323.60 | $6,081.15 |
| March 2050 | $5,083.86 | $5,465.70 | $6,225.13 |
| April 2050 | $5,230.43 | $5,607.80 | $6,369.11 |
| May 2050 | $5,377 | $5,749.90 | $6,513.10 |
| June 2050 | $5,523.57 | $5,892 | $6,657.08 |
| July 2050 | $5,670.14 | $6,034.10 | $6,801.06 |
| August 2050 | $5,816.71 | $6,176.20 | $6,945.05 |
| September 2050 | $5,963.28 | $6,318.30 | $7,089.03 |
| October 2050 | $6,109.85 | $6,460.40 | $7,233.01 |
| November 2050 | $6,256.42 | $6,602.50 | $7,377 |
| December 2050 | $6,402.99 | $6,744.60 | $7,520.98 |
What Is Polkadot (DOT)?
Polkadot appeared in 2016 when Gavin Wood published a whitepaper describing the technical features of the project. Although Wood thought that blockchain technology had a bright future, he could also see that it had a lot of issues. Polkadot was designed to overcome those challenges.
The main challenge Polkadot aims to address is the lack of interoperability between different blockchains. The project seeks to create a scalable blockchain architecture that can grow infinitely in accordance with demand. This is achieved through the use of the relay chain and parachains.
Although the project’s main goal is to create a platform that allows different blockchains to interact with each other, its developers do not intend to stop there. They are aiming to create a fully decentralized Internet 3.0 based on Web3.
Parachains
Parachains are custom blockchains that are all connected to the Polkadot relay chain. They are the technology that allows different blockchain projects to swiftly and efficiently interact with each other. You can read more about them here.
DOT
The DOT token is the native cryptocurrency of the Polkadot blockchain. Polkadot has a complex governance system where all DOT holders have voting rights. Proposals can be made either by the DOT owners or by the Board. In both cases, the proposal must be agreed upon in a referendum based on the voted stake.
All DOT holders control the use of the Treasure through referendums. A part of the validator’s rewards and part of the transaction fees and slashing (a penalty paid by a validator that acts maliciously or incorrectly) are channeled into the treasury for its replenishment. These funds are used to pay for the system’s smooth running and support the entire ecosystem (marketing, public events, and outreach).
The DOT token has three main purposes:
- Governance. Polkadot token holders have complete control over the ecosystem. This also includes resolving questions about updating or fixing protocols.
- Staking. Token holders will be rewarded for good behavior and lose tokens for bad behavior. Such a mechanism will ensure that all network participants are interested in only performing transactions that meet consensus requirements.
- Bonding. In order to add new parachains, it will be necessary to bind tokens, remove old and unnecessary ones, and remove bound tokens. This mechanism is a form of a proof-of-stake algorithm.
Here’s the current price of Polkadot.
Polkadot Price Analysis
DOT is currently (as of March 2021) ranked 12th by market capitalization on CoinMarketCap. It has been steadily gaining popularity for the last two years as its team expanded its functionality, partnered with new innovative projects, and dedicated a lot of resources to promoting the project.
Just like Bitcoin and many other coins and tokens, DOT hit its latest ATH in November 2021. Overall, this token is great at following the market and responds well to the hype in the industry and positive market sentiment. Additionally, it should be noted that Polkadot never “crashed” in the same way many other cryptocurrencies did and still do — its lowest price in summer 2021 still stayed above $10.
Polkadot’s true value, however, lies in its functionality and a solid technical foundation. Unlike many other crypto projects, Polkadot has a real shot at becoming widely used by businesses across the world. As companies start looking into safer ways to store and interact with data, blockchain technology is going to prosper, and with it, projects that can facilitate interoperability like Polkadot will also thrive.
Polkadot Forecast by Experts
Polkadot has proven itself as a reliable and innovative crypto project, and many investors are following it quite closely. Here are some Polkadot predictions made by leading crypto experts.
Over a year ago, a lot of investors were bearish on Polkadot, expecting it to fall in both the short and long term. However, the DOT price has proven them all wrong. Nowadays, most experts are bullish on Polkadot and think that the project has much potential.
Wallet Investor and its AI algorithm are still bearish on the token in the short term and expect it to stay in the $13-15 range in March 2022. However, their Polkadot cryptocurrency price prediction also states that DOT will see an almost 50% price increase in under a year.
The experts from Crowd Wisdom are bullish on Polkadot. They think it has the potential to rise to $25 and above in 2022. They also point out how the token is currently popular on social media, and its trading volume has been steadily rising in the past few days. All these things create great opportunities for short-term growth.
DigitalCoin’s Polkadot price prediction is also bullish: like many others, they are expecting the DOT price to come close to $25 by the end of 2022.
At the time of writing this article, the result of the Polkadot technical analysis performed by TradingView was bullish — the website is currently giving DOT a “buy” signal. The widget below shows the result of TradingView’s technical analysis of Polkadot in real time.
What Will Polkadot Be Worth in 5 Years?
Our Polkadot prediction for 2027 is an average price of $70.
Does Polkadot Have a Future?
Polkadot is a great project that has much potential. It has an innovative, dedicated team and a solid technical foundation, so we think it has a bright future.
Can Polkadot Reach $100?
Polkadot has already reached $50 in the past, so getting to $100 is possible. However, it would take a significant market boom for the DOT price to rise that sharply.
Can Polkadot Reach $500?
Polkadot is currently unlikely to reach $500. However, the DOT price may rise that high in the future if the token’s team continues to promote and upgrade the project.
Can Polkadot Reach $1,000?
At the moment, we don’t think that Polkadot’s price is capable of reaching $1,000. It could happen if it gains unprecedented support from the public and/or some major companies, but currently, it does not seem very likely.
Where Can I Buy Polkadot?
DOT is supported by all major crypto exchanges. You can also buy Polkadot on our instant exchange platform Changelly benefiting from our great rates and low fees.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
