Cryptocurrency

2024 Crypto Bullrun: Why Polkadot DOT is the Ultimate Opportunity



Polkadot fits the definition of the sleeping giant almost perfectly. While no one is noticing, they are building out their ecosystem so big and so strong, it’s got one of the best bullish cases in all crypto.

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⏱️ TIMESTAMPS
0:00 Top Crypto Ecosystem
1:05 What’s OLD With DOT
2:51 What’s NEW With DOT
4:01 Bullish on Polkadot
6:00 Polkadot Projects
8:33 Altcoin Buzz Alpha

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#polkadot #dot #cosmos

With the possible exception of cardano this may just be the quietest project in crypto’s top 15 it’s stealthy it’s under the radar it’s probably one of the least hype out there at least among the Blue Chips but the perceptions that we may have are actually very different from

The reality when it comes to polka dot and that’s because polka dot has one of crypto’s biggest and best ecosystems it offers great technology that’s easy to use for users and super easy for developers to to create blockchain projects and it’s got dot do a token with a ton of network and ecosystem

Utility we are actually super bullish on polka dot in 2024 and I’m going to make the case as to why you should be Too welcome to the channel my name is Maddie and this is altcoin Buzz best of luck as always if you choose to invest just remember I’m not a financial or investment advisor and so of course this video is not official Financial or investment advice so we’ll discuss

What’s new with polka dot in just a second but let’s first discuss what’s old with polka dot because before we get into the nitty and the gritty of it let’s remind ourselves of why this is such a good project in the first place if you’re a fan maybe if you’ve been

Watching the project or keeping up to speed with their updates on polka do Twitter then you’ve probably noticed certain things first of all with the possible ception of cardano dot do really has the reputation as the slowest moving big project in crypto and although that’s a strength in a certain

Sense uh it also definitely frustrates a lot of dot users you’ve probably also notice that polka dot is here for the tech and you hear this a lot uh but you know we believe it polka dot has very good technology going for it substrate looks like it’s both safer and scales

Easier while maintaining security versus e ethereum and the smart contract Tech seems more secure as well and if you combine this with the point I just made a moment ago about them moving slowly as a project not really hyping themselves up yeah that leads to frustration with a

Lot of people because the reality unfortunately in this space is that there are a lot of junky projects out there with pretty crappy Tech and they’re pushing products out the door very quickly much faster certainly than dot is too quickly too fast in most cas but faster is not always better you know

This and I know this but speed momentum and the ability to build communities and customers that you get from having a working product out there all matter a lot in crypto admittedly and the fact is polka dot is not working as well as it could when it comes to this particular

Area all right so that being said what is new with polka dot many key dot developers and app Builders within the ecosystem are recognizing the these issues and starting to actually do something about it here are a couple of the big things happening to help projects ship features faster and

Increase adoption you can get native usdc on the polka dot asset Hub as of this last September so September 2023 and the best part is that using polka dots xcm or cross chain messaging you can also easily move usdc from asset Hub to any par chain for payments this

One thing alone is increasing polka dot adoption in a big way there’s already $4.5 million on dot chains and that number will grow aggressively from here there’s also some other Tech improvements that we want to highlight in 2023 polka dot also added sharding and Tech to allow validators to process

Multiple PA of chain blocks at the same time and all of these things are keeping security as the highest priority while also improving scalability speed speed and throughput in the system so let’s now discuss the bullish case for polka dot because all of these technical improvements and stable coin access help

But there’s also a bigger bullish case for polka dot that is happening to put it simply par chains are a big variable here because if there’s one thing that we don’t like about Cosmos it’s that a chain can come online without adding any value to the atom token whereas with DOT

This doesn’t happen parach chains are a key feature of Dot’s utility and they are only getting better more successful and more of them are coming online every single one gets a crowd loan of do has to hold do long term and is a strong strong hand but when it comes to par

Chains I’m guessing you probably knew that already what’s important is the number of par chains which continues to grow it’s up to 196 projects with a full 2third of them on the sister chain kusama and we don’t want to get too technical here but coretime lease is another important

Advancement coretime is the amount of polka dot main chain or relay chain space that a par chain gets instead of a fixed amount of space growing par chains can scale Faster by buying or leasing more coretime space to process transactions faster plus as a valuable commodity on its own there is a

Marketplace to trade Court time between par chains for greater efficiency and of course all of that is payable in Dot and then expected to launch sometime in q1 the snowbridge is going to allow trustless bridging between do and eth ecosystems and this is a big deal uh

It’s on eth sapoia and do Roco test Nets now and this helps with both the interoperability Mission and the Practical reality that more people use evm let’s face it than other networks at the moment but really the number and quality of projects that are building in this ecosystem now are the most exciting

Variable that we can convey as far as our bullish sentiment here some could actually grow bigger than Dot’s value uh and even could surpass do in terms of market cap itself but even if that happens due to the par chains crowd loans and need to hold do to pay for

Relay chain activity par chain growth equals dot growth to that’s the benefit here again unlike Cosmos and here now are some of the top projects in crypto based on narratives that we feel are strong and are going to continue to grow exponentially So within rwa that’s real world assets they’re centrifuge many

Believe this is the top rwa project in the entirety of crypto for evm support there is Asar Network the best par chain for evm for liquid staking we have bifrost cross-chain staking is what this is all about polka dot has energy web X representing energy sector apps for Dow

Management there’s infv Arch Network pic is here representing decentralized fundraising and as a representative of the massively growing deepin sector we have F Network so as you can see the ecosystem covers a lot of ground whatever your favorite narrative may be uh whether it’s games AI oracles other

Infrastructure privacy there is a polka dot ecosystem project out there for you representing that particular narrative and by the way on privacy which is one of my personal favorite narratives we have lfz which is a DOT ecosystem project as well and one that we’re big

Fans of the reality is there are so many quality projects within this ecosystem that you could probably find one that fits both your narrative and your Preferred Risk level polka dot is kind of at that stage now where it’s getting big enough uh it’s growing fast enough

That the network effects are kicking in and just as we’ve seen in a select number of superb ecosystems like Bitcoin ethereum BNB polygon atom maybe salana polka dot is making a comeback they are reclaiming their spot as a leading crypto project and ecosystem and we are bullish about it we are investing into

It and we feel that now may be a good entry point ahead of what should be a spectacular 2024 and 2025 do your own research but that is our point of view and we’re excited altcoin Buzz Alpha is proud to say that we now have a winning portfolio spread among different sectors

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24 Comments

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