Please pump my bags so I can get out of DOT at break even!
The sentiment around DOT's technical analysis is predicting a rally "coming soon"..."DOT is about to explode in Q4".
Here are key reasons why the marketing team believe DOT can still flourish;
- Coretime Sales: Revised "parachain auctions" to Coretime sales for easier access to Polkadot's security.
- Plaza Update: Aiming for a more unified, user-friendly experience with Asset Hub and EVM integration.
- JAM: Enhanced flexibility, scalability, and transactionless mechanisms.
- Inflation Reduction: Proposals to lower inflation from 10% to potentially 5%, stabilizing DOT value.
- Faster Unstaking: Reduced unstaking from 28 days to as little as 2 days, to improve liquidity.
- Trustless Bridges: Snowbridge and Hyperbridge for seamless blockchain interoperability.
- Web3 Gaming: Capitalizing on the growing Web3 gaming sector, attracting new users and developers.
The problem is that we have heard this before, back in 2021/22 with all the hype about what they were working on back then.
Including the fact that DOT has one of the largest cohort of developers, with the biggest number of "commits" or new development deploys of any blockchain.
Promises, promises!...but to date the blockchain and all its fundraising, sub-chains and protocols, has failed to live up to the hype, disappointing early investors and token speculators alike.
My opinion is - I'm done waiting for Polkadot to deliver a working and valuable product to market so if someone else wants to buy my bags of DOT, they are more than welcome.
Don't get me started on the JS wallet 🤐 Show Less
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