Why polkadot (DOT) is currently a big name in the crypto market...

rogerver
2022-10-21 08:55:09

Today maximum coins are dumping but dot price pumping, so its a good think for a project. When project will be working on full scale peoples will wants a dot tokens for auctions to win a slot.
A lot of tokens will be stacked. so price will not crash so easy when we will go parabolic or price will have a correction.  When you stack a token u cant sell & as a result Dot take a good advantage for stable price. Today also i can see that the first parachains are registered. So DOT set up to built the project  another level.

johnsonmarkupp
2022-10-21 09:55:31

When you invest in such a coin that can meet up the demands of the investors expectation by their plan implementation and investors get profits and satisfied with the project's growth, it will become hot topic as one can promote 2, two will four and then more. After DeFi hype and Ethereum network fees to high, DOT has been working as an alternative solution to the new project owners, developers who are concerning about their upcoming project's future. There are also many reasons to be a big name in the recent time.