Polkadot is a relatively new cryptocurrency that has gained a lot of value in the last year going from only $5 to the current price of $52 meaning that it has gone up by 10x in only one year! The Polkadot network allows different blockchains to transfer messages and their value in a trust-free manner. Polkadot is definitely a project that has a lot of potential for the future and in the short-term according to our latest analysis it can reach prices of $200+!
Polkadot Price Analysis
Right now Polkadot has reached about $50 at the time of writing this article and according to our analysis below, it may reach $200+. Right now Polkadot is all set to reach really high price ranges and as long as nothing unusual and unprecedented happens that invalidates the analysis we should see the $200 price range within the next few months.
Is it a Good Time to buy into Polkadot?
Polkadot has already reached the $50 price point so buying in now may not give you as much profit as you would make if you buy other cryptocurrencies such as BAT, XTZ, or 1inch. Polkadot is not a very risky investment (compared to the other cryptocurrencies mentioned) to get into right now. If you want a good amount of profit but not do anything too risky Polkadot maybe a good choice for you in the short-term. From here on out Polkadot is not going to give you 10x or 20x returns but it can still probably give you around 4x or more in profits during the current bullrun.
Another cryptocurrency that may give you more gains then Polkadot is OMG Coin:
In the past week or two the crypto market has seen massive gains with many coins doubling or tripling in price but since then most of them have come down by about 50% or so. Today BTC has once again started moving and gained 4% so Alt-Coins may also start moving tomorrow. One of the cryptocurrencies that has a lot of potential and may greatly raise in price is OMG Network; which may reach prices of $100+ giving more than 7x in profits to those who buy in at this time.
OMG Coin Price Analysis
Right now OMG Coin is sitting at around $15. According our latest analysis of OMG we predict that if everything goes right OMG coin can reach and maybe even surpass… Click here to read the full article.
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