Polka Dot Price Prediction for the End of 2022

Polka dots are crypto assets which is relatively new, but has managed to quickly gain popularity in the crypto trading market. Even though the price of Polkadot currently holds the 12th position on CoinMarketCap.

Over time, experts predict that Polkadot's price position will continue to rise and threaten other advanced crypto assets such as Ethereum. 

Getting to Know Polka Dots (DOT) 

Polkadot is the standard version of the Web3 Foundation, a Swiss foundation whose mission is to support a neutral, open, fully functional and user-friendly web environment.

The DOT platform started operating in 2020 as a crypto service providing various solutions for the financial industry.

Although owned by Web3, the network is the brainchild of Gavin Wood, who is a founding member of Ethereum. This is why this coin is often referred to as the “Ethereum Killer” 

Polkadot uses the DOT as a benchmark for this network. This new blockchain provides interoperability between various independent blockchains.

Interoperability is a general term discussed in the blockchain industry which is the functionality between two or more different blockchains. Only the DOT could make that idea a reality. So far, although there have been many similar networks, DOT is the first platform that can be fully integrated.

Polkadot Price Prediction 2022

This coin is experiencing rapid growth in 2021. According to CoinPriceForecast, Polka-dot prices will experience a price increase of 80 percent. By the end of 2022, they estimate the price will be US$ 53.70. Then in the first semester of 2023, the Polkadot price will increase to US$69.81. 

Meanwhile, according to CryptoNewsz, based on their analysis and Polkadot's historical data, the DOT price is predicted to reach US$39 by the end of 2022.

Then at the end of 2022, Polkadot's price will increase to US$48. . This coin ecosystem can grow rapidly, along with the many developments made by the network.

On the other hand, experts at FX Streets predict that Polkadot will hit the $82 mark in mid-2022. Those benefits could lead to additional benefits by the end of 2022.

However, technical analysis suggests that 2022 is a good year for Polkadot. Even though the DOT price has seen a dip recently which should be because some investors are starting to lose faith in Gavin Wood's crypto assets. 

In 2021, this crypto has given consumers and businesses reasons to buy DOT tokens. Courage started with a wild rally that not only saw the DOT token hit new highs, but also ranked among other altcoins for managing to grow fast in 2021.

Even after the market crashed and the price of DOT dropped, Polkadot still took advantage of it. Based on historical data and listening to Polkadot price analysis and expert forecasts, 2022 is the best time to invest in DOT tokens.

Also read: 5 Good Crypto Coins To Invest In 2022

Causes of DOT Prices Rising

Polkadot's price increase at the end of 2021 has indeed attracted the interest of customers and investors. A contributing factor to the high value of this crypto is its blockchain development. One of the developments carried out by the development team is the expansion of the DeFi space. 

Also, many crypto asset projects or blockchain based projects have used Polkadot as their base of operations. DOT has attracted the attention of customers, investors and even developers to use Polkadot.

The growth of the Polkadot Parachain is also one of the main factors behind the growth of the Polkadot network. According to Capital.com, the Polkadot Parachain can solve problems that still exist in Ethereum, such as transaction speed, debt, and global transactions.

Also read: 5 Potential Big Cash Micin Coins

In addition to the prediction info above, you can also buy VCG Tokens as your portfolio asset. You can buy it at Indodax and BitMax. Where this token is on top of the ETH 20 and BSC network.

To get updating VCG Tokens the latest, please refer to VCNews!