Is Polkadot an Underrated Crypto Play?

Key Points

  • Once a $55 crypto, Polkadot now trades for less than $2.

  • Polkadot is a Layer 0 blockchain network in a world that is now dominated by Layer 1 blockchain networks.

  • Crypto investors should avoid Polkadot and instead search out high-upside Layer 1 blockchains such as Ethereum or Solana.

  • 10 stocks we like better than Polkadot ›

Five years ago, Polkadot (CRYPTO: DOT) was a high-flying cryptocurrency that ranked among the largest in the world. But how times have changed. Polkadot no longer ranks among the top 30 cryptocurrencies and has fallen off the radar of most crypto investors.

So, is it worth taking a closer look at Polkadot? At a bargain price of just $1.84, surely Polkadot must be an underrated crypto,…

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