Polkadot 7500%!!Don't Flame me yet! i just want to tell you that this chart is a JOKE because of course Polkadot won't reach is old ATH in few weeks lol!
So what is Polkadot and why i made this chart ? it's simple. The price falled cuz the DOT Token got a redenomination from its original sale on 21 August. ‘New DOT’ will be 100x smaller than ‘DOT (old)’. Therefore, the DOT balance will be 100x higher and the price per DOT will be 100x lower. So the price also falled from X100.
Polkadot is an ecosystem enabling cross-blockchain transfers of any type of data or asset, not just tokens. Connecting to Polkadot gives you the ability to interoperate with a wide variety of blockchains in the Polkadot network. so it means it will interconnect all the Blockchains.... BTC is the King of Cryptocurrency and ETH the King of Smart Contracts... Polkadot could be 'the King' of the DEFI projects.
Polkadot got listed on many AAA Exchanges in no time. Due to the specific nature of Polkadot, the estimation can be significantly excessive & unrealistic.
Teams building on Polkadot :
ChainLink - developing an oracle
Laminar - open finance platform
ChainX - developing a Bitcoin and Ethereum bridge
Digix - gold on the blockchain
Dock.io 204 - verifiable credentials
Centrifuge - operating system for financial supply chain
Ocean Protocol - ecosystem for sharing data
Energy Web Foundation - building an energy network
iExec - decentralized cloud computing
Edgeware - building a WASM-based smart contract platform
ZeroChain - zK-SNARKs chain built on Substrate
Acala Network - stable coin platform built using Substrate
Robonomics - cyber-physical systems integration
pLibra - a privacy preserving implementation of Libra
MXC - IoT protocol
Darwinia - multi-chain gaming
Katal - financial contracts
Joystream - A user governed video platform
Ladder Network - decentralized exchange for cross-chain assets
Akropolis - decentralized pension and DeFi blockchain
Asure Network - social security network
KILT Protocol - credentials for Web 3.0
PACTCare - Metadata Blockchain based on Substrate called Starlog
0x protocol - decentralized exchange
Blink Network - lightning fast payments
LayerX - zk-SNARKs chain
Plasm - Plasm is a Substrate Runtime Module Library allows developers to add Plasma functions to their Substrate chain
Speckle OS - universal identity and account parachain
Totem - real time accounting for Substrate
that said you have to invest wisely and make your own research. i do not provide personal investment advice on Polkadot.
Happy Tr4Ding !
