Prediction: Polkadot (DOT) Will Hit $10 by 2025
The Polkadot (CRYPTO: DOT) cryptocurrency could double in price next year. I know that's a strong statement -- but it comes with short-term caveats and even greater long-term prospects. So I expect the Web3 cryptocurrency to rise from less that $5 to more than $10 in about a year and a half, but it's still kind of a mixed bag.
Let me untangle the good and bad news lying ahead for Polkadot and its investors.
First, the Polkadot blockchain ecosystem remains a key piece of the Web3 technology revolution. The idea is to cut the web and mobile apps loose from centrally controlled social media powerhouses and give more power to the creators and consumers. Many cryptocurrencies will play significant roles in this shakeup; the Polkadot network and its DOT token are the glue that holds Web3's separate pieces together.
Source Fool.com