< Back

Polkadot Price Prediction

An up-to-date Polkadot price prediction for 2021, 2023, 2025. Wondering what is the future of DOT price? Find out Polkadot price forecast with historical, fundamental and technical analysis.
Swap Tracker

Polkadot Fundamental Analysis

Polkadot is a bridge-like protocol that allows exchanging data and tokens across multiple blockchains. The design was developed by the Web3 Foundation with the goal of gradually building a fully-functioning and versatile decentralized web. Polkadot’s protocol offers a safe and secure environment for cross-chain computation and transmission. This, in turn, opens up a variety of possibilities for creating and connecting decentralized applications, services, and networks. The developer’s unique approach to solving blockchain’s interoperability issue can help build systems that operate with data stored across a variety of blockchains by establishing a system of permissioned requests. For example, a private chain containing a tax institution’s records can send the required confirmation to a proof-of-income smart contract on a public blockchain. DOT is Polkadot’s governance token that is used for staking, bonding, and executing decisions about the further development of the project. The DOT token works in three main ways. It's used to govern the Polkadot platform. DOT holders exercise full authority over the protocol. Unlike other platforms that keep some of the privileges exclusive to miners, Polkadot allows token holders to engage in and manage updates, fixes, and the implementation of extra features. Staking DOT allows the project to operate. Staking is the process of holding crypto assets in a wallet to help upkeep the operation of a blockchain and getting rewards for contributing to its growth. The stability of the Polkadot blockchain is achieved via a validation algorithm called NPoS. In staking DOT, a user can act either as a nominator or as a validator. Nominators can choose up to trustworthy 16 validator candidates and earn rewards. Validators, in turn, need to hold at least 350 DOT and be able to operate a stable and responsive infrastructure 24/7. Bonding DOT creates new parachains. The token's other purpose is in the ability to attach new parachains to the network by "tying up" or "bonding" DOT. Antiquated or non-useful parachains are let go by removing the tied-up tokens.

Project name
Polkadot
Stock Symbol
DOT
Curr. Price
35.31
Curr. Supply/Total Supply
1067066511.7297423
ROI Since Launch
No Data
Launch Date
No Data

Polkadot Live Price Chart

.

Polkadot Technical Analysis

Despite the fact that 100% accurate technical analysis for Polkadot cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated DOT buy-and-sell rating for selected timeframe. The summary for DOT/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Polkadot Price Prediction

Below we have collected the most reliable price projections for Polkadot (DOT) from popular forecast platforms.

#1. WalletInvestor DOT Price Prediction for 2021 and 2025

According to WalletInvestor, Polkadot price will grow from $35.31 to $125.515 in one year. That makes DOT a awesome investment. The long-term earning potential is 255.47%. Predicted price for the end of 2026 is $474.032.

#2. TradingBeasts DOT Price Prediction for 2021-2022

Answering the question about if Polkadot is a good investment, TradingBeasts say resounding no. In the 2021 perspective, this coin price is predicted to reach $35.237 with a growth to $37.053 by the end of 2022.

#3. DigitalCoin DOT Price Forecast for 2021-2025

In DigitalCoin analysis, the price of Dotcoin cryptocurrency will rise in the next 5 years starting from $0.006 as of today’s price to $0.023. It will go up to $0.009 by 2022 and starts its reduction in 2023-2024. Based on the forecast, Dotcoin is profitable long-term investment.

#4. LongForecast DOT DOT Price prediction for 2021-2022

In 2021, the average price will go up to $37.779. In 2022, Polkadot’s price will raise significantly to an average of $53.197.

Summary

As it can be clear from the analysis cited above, Polkadot (DOT) projections are rather contradictory. There is no universal consensus either about positive or negative future DOT price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Polkadot projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About SwapSpace

SwapSpace is a cryptocurrency exchange aggregator that allows to swap over 400 cryptos with both fixed and floating rates. We gather the rates of major crypto exchanges on the market onscreen and let our users compare and choose whatever option they like the most. We don’t add any fees over the partners’ rates, which makes the exchanges via SwapSpace profitable. The exchange time is no longer than at any of our integrated services starting from 10 minutes. SwapSpace support works 24/7.

Swap Polkadot

More About Polkadot