Investors Expect a Steep 40% Rise In This Altcoin By The End Of The Year

Cryptocurrency investors believe Polkadot (DOT) will surpass $6 by the end of the year.

published on CoinMarketCap and 1,080 According to a price prediction survey that people participated in, DOT investors expect the coin to be at the current price by the end of the year. 41.15% experiencing an increase $6.14 he believes he will achieve. Analysts suggest that despite the low number of participants, investor expectations can have serious effects on price movements.

since the beginning of 2022 more than 80% value losing DOT, in 2021 9.36 from dollars 54.98 up to the dollar to 487% experienced an increase in value.

Experts believe that the Polkadot ecosystem will evolve and continue to invest arguing that the loss of value experienced during the year, within the scope of the fight against inflation, interest rate hike and to political crises basing it. In the upcoming period US Federal Reserve (FED) Analysts, who expect central banks to go to quantitative easing, especially in this scenario, say that the DOT will again 40 dollars He claims he can get over it.

Data from Coinecko DOT hits all-time high (ATH) 92.1% under from $4.38 is being traded.

source site-9