Failure caused by insufficient cognition comes from information gaps, which is essentially due to the disconnection of circles. It is important to embrace a professional circle, and it will take off and turn over quickly.
DOT Polkadot has been embroiled in a layoff scandal recently. The person in charge used the name of decentralized office to excuse the media and Polkadot users, but anyone with a discerning eye knows that Polkadot is already in decline like FIL.
1.What is DOT Polkadot?
Polkadot is an open source sharded multi-chain protocol that connects and secures private blockchain networks, facilitating cross-chain transfers of any data or asset type (not just tokens), allowing blockchains to interoperate with each other. Polkadot aims to provide the foundation for a decentralized blockchain internet, also known as Web3.
2.Why did DOT explode in the last cycle?
1.dot has taken over the overflow traffic of ETH. The experience of Ethereum in the last bull market was very poor, at least before the emergence of the beacon chain. Many friends have experienced that the gas fee exceeded the principal. Experience, it cannot achieve high performance, but applications require high performance, so many high-performance public chains were born to take over the overflow traffic of Ethereum, including DOT.
2. Celebrity effect. The founder of DOT is the former co-founder of Ethereum. This circle used to believe in platforms and bragging rights.
With the above two points, DOT had a slight explosion in the last cycle, going from 4 to 50, but looking at other projects, all of them started at a hundred times.
3. Is there still hope for DOT in the next cycle?
答：没有，首先最重要的一点，波卡实际上并没有什么不可或缺的生态应用，当以太坊完成信标链和此次坎昆4844升级以后，以太坊的性能将极大提升，那个时候所有依附于以太坊的项目只要没有生态闭环的都将归零，这不是危言耸听，强者恒强。
Secondly, the selling pressure above DOT is extremely serious. Many friends had DOT above 40 in the last cycle. According to the current situation, if Polkadot does not make a big move, it will be difficult to return to the starting point. The only way we can remedy this is to keep looking for bands to lower the average price infinitely.
Lin Muyang crypto:
Returned from the UK with a master's degree in economics, he is proficient in C++, C#, Go, Java, Javascript and other blockchain technologies. He focuses on data analysis and macroeconomic trend analysis of primary and secondary markets. He has self-study the "syllogism" theory and verified it through multiple market trends. reliability. Follow Lao Lin and get the latest information.
