Despite the recent price drop of 20%, analysts are predicting significant growth for Polkadot (DOT), suggesting it could reach new heights in the coming months. The team behind the blockchain protocol recently introduced the “Embassy Program 2.0” to encourage community engagement.
One analyst predicted DOT could hit a two-year high of $20 this summer. Other bullish predictions include those from renowned trader CRYTPOWZRD and cryptocurrency content creator Jake Gagain.
The latter was even more optimistic, predicting that DOT could reach a new all-time high next year.