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Opinion: Polkadot (DOT) price expected to break through $15 mark

Opinion: Polkadot (DOT) price expected to break through $15 mark

2024/04/08 10:32

According to CryptoPotato, well-known trader and analyst CRYTPOWZRD recently expressed high optimism on Polkadot ( DOT ), believing that the asset’s price is brewing for a “volcanic eruption.” They believe that if DOT can break above the major resistance zone at $9.60, its valuation could increase by 80% in the coming months. In addition, crypto content creator and investor Jake Gagain is even more bullish, predicting that the asset may approach new all-time highs next year. Last month, Electric Capital, a California-based venture capital firm focused on cryptocurrencies, blockchain, and fintech, recommended that investors put DOT on their watch list during this bull cycle. The company praised Polkadot’s “legion of full-time developers,” whose numbers have grown significantly over the past three years.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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