Polkadot Price Prediction and Forecast




For the next 24 hours, the exchange price of Polkadot is predicted to range between$26.06 and $33.9 as per the latest Polkadot Price Prediction and Forecast

The latest exchange price of Polkadot is $30.46 which is 10.77% lower in the last 24 hours.

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Polkadot Price Prediction and Forecast: Technicals for 20th September

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Polkadot Price Prediction and Forecast: What is Polkadot?

Polkadot is an open-source project founded by the Web3 Foundation. It is a blockchain network that can be described as a ‘blockchain of blockchains’, or multichain. 

  • In October 2016, Dr. Gavin Wood who is one of the co-founders of Ethereum released first draft of the Polkadot white paper.
  • In October 2017, the first token of Polakadot was released. It was released after Dr. Wood and Parity’s Peter Czaban founded the Web3 Foundation in 2017. The foundation hosted Polkadot’s first token sale in Oct. 2017, using a Spend-All Second Price Dutch Auction to distribute the funds.
  • Web3 foundation chose Parity Technologies to develop Polkadot, however, in November 2017, someone permanently froze the funds in the Parity multisig contract.
  • The funds were equal to little over $90 million worth of ETH equaling around 66% of Polkadot’s token sale proceeds.
  • In 2019, Web3 Foundation reportedly raised more capital to replenish the lost funds. Polkadot sought to sell 500,000 DOT (old) tokens at a $1.2 billion valuation, pricing the tokens at $120 apiece.

Polkadot Price Prediction and Forecast: Features Claimed by the Company

  1. Polkadot enables cross-blockchain transfers of any type of data or asset, not just tokens.
  2. Polkadot provides unprecedented economic scalability by enabling a common set of validators to secure multiple blockchains.
  3. Polkadot helps create a custom blockchain in minutes using the Substrate framework.
  4. Polkadot can upgrade without hard forks to integrate new features or fix bugs.
  5. Polkadot’s novel data availability and validity scheme allows chains to interact with each other in a meaningful way. 
  6. Polkadot has a sophisticated governance system where all stakeholders have a voice.

Polkadot Price Prediction This Week

As of today, 20th September 2021, Polkadot is trading just over $30. Here is the Polkadot Price Prediction for this week ending 26th September:

Date

Price

Min Price

Max Price

2021-09-21

 34.224

 31.476

 36.883

2021-09-22

 33.561

 30.747

 36.272

2021-09-23

 33.690

 31.142

 36.635

2021-09-24

 34.173

 31.388

 36.992

2021-09-25

 34.329

 31.625

 37.029

2021-09-26

 35.282

 32.620

 38.029

Polkadot Price Prediction 2021, 2022 and 2023

Different platforms have different Price Prediction for Polkadot for the 2021 year and for the following next two years. Here is the price prediction for Polkadot:

Longforecast

Month

Open

Low-High

Close

Mo,%

Total,%

Sep

31.37

27.02-38.77

36.22

15.5%

15.5%

Oct

36.22

31.94-50.85

38.80

7.1%

23.7%

Nov

38.80

38.80-48.16

45.01

16.0%

43.5%

Dec

45.01

42.85-49.31

46.08

2.4%

46.9%

Coinpriceforecast

Year

Mid-Year

Year-End

Tod/End,%

2021

$16.40

$44.43

+45%

2022

$47.53

$51.94

+70%

2023

$63.63

$75.08

+145%

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