DOT Is Strong, Don't Underestimate Its Potential

DOT is one of the strongest coin in the market and it is because of the fact that it has parachains and each of the chains are the actual independent blockchains and have their own TPS without impacting the whole DOT network. ETH may sound a much safer option but it is not scalable even with ETH 2.0 because of all the DAPPs would make use of the same shared network.

DOT is fundamentally very strong coin. It has been holding $3.6 - $3.8 mark pretty nicely and most importantly, it is at its crucial point.

The chart looks very bearish and seems like it can go down to $2.5 - $3 range anytime but if you notice it is at a very crucial point (shown in the next chart)
It is at its Golden area and most of the charts are expected to see a huge bounce from this point.

Market sentiments for DOT are bearish so it may be a very good time to buy DOT because you need to think ahead of the normal mentality especially in Crypto. Moon charts are always unexpected so considering its strong fundamentals and hundreds of project being built on it, I would definitely take that Risk / Reward bet.

Posted Using LeoFinance ^Beta