Polkadot (DOT) is currently valued at around $8.50, showing small gains on a weekly basis. Cryptocurrency experts are predicting a bright future for the cryptocurrency, with predictions ranging from $15 to a new all-time high.

DOT remains the 15th largest cryptocurrency by market capitalization and its price registered a 3% gain on a weekly basis.

Many analysts expect significant growth in the near future. Recently, a user with over 700k followers, Michael van de Poppe, suggested that DOT had reached a cycle low against BTC.