Polkadot (DOT) has been one of the better-performing cryptos of 2023. It enjoyed a great start to the year and the price even increased by 75 percent at its absolute peak. Since then the price has come down a little and in recent times seems to have settled down. In this piece, we will analyze why we think Polkadot will begin to rally once again in the near future.
While we are bullish on the future of Polkadot we are also going to discuss Fight Out (FGHT), C+Charge (CCHG), and RobotEra. These are three presales we have examined that we believe all have the potential to pump massively in 2023.
Firstly, let’s take a look at some reasons why we think Polkadot can once again start pumping to the same levels it did during January of this year.
5 reasons why DOT will rally again
- Polkadot’s future is more than likely intertwined with crypto’s popularity; they basically thrive the more crypto grows. They connect different blockchains and allow them to connect. The more blockchains the better Polkadot will do. With the market reinvigorated and interest rates slowing down many are expecting the market to grow again so this should, in turn, see the price of Polkadot skyrocket.
- Polkadot is a direct competitor to Ethereum however it has some advantages over its main foe that may come to fruition in 2023. Its ‘parachains’ as they call them, facilitate the seamless connection of an unlimited amount of blockchains if the market continues to grow this may put them ahead of their main competitors.
- One look at Polkadot’s investors is a big indicator that the whales consider the coin one for the future. The tier-one list is pages long and includes some of the biggest capital investors the crypto market knows
- Forking of a blockchain basically means preserving its history before anything is changed, this is a process that has previously taken months. Polkadot allows users to upgrade their blockchain without going through this process, therefore, speeding everything up.
- Polkadot has a strong social media presence, their Twitter account has 1.3 million followers and regularly posts high engagement numbers. A good social media presence can help crypto market prices.
Polkadot price prediction
Year | Minimum price | Maximum price |
2023 | 9.07 | 10.62 |
2024 | 13.46 | 15.60 |
2025 | 19.39 | 22.86 |
2026 | 27.17 | 33.89 |
2027 | 39.89 | 47.91 |
As you can see the price prediction for the next 5 years is mostly positive for Polkadot. As positive as this is, we have three more cryptos that we believe will pump even faster. Let’s look at them now.
Fight Out- New exciting M2E coin raising millions in presale
Fight Out’s presale has already surpassed the $5 million raised point during its presale and it doesn’t seem like it will slow down anytime soon. The M2E game has all their experts talking mostly about their ambitious and comprehensive plans that should make it the most successful M2E coin.
Fight Out will provide their users with personalized workouts through their app. The latest in smart technology will allow them to accurately read their users and from there, their elite trainers will be able to plan workouts. Fight Out will give the option of working out remotely and in a physical location.
They are currently partnering with existing gyms and even building their own in strategic locations around the world. This is great for Fight Out enthusiasts as they will be able to work out in state-of-the-art facilities with like-minded individuals.
C+Charge- Presale now entering it’s last few weeks
C+Charge was already enjoying a very successful presale with over $1.5 million raised heading into the last month. However, now that the token burning has begun things have really started to take off. Sensationally $500, 000 has been raised in just a few days. Clearly, the burning of tokens and the price raises have spurned potential investors into acting to get a piece of what could be the hottest green crypto of 2023.
C+Charge’s project goal is to both reward electric vehicle (EV) drivers with carbon credits and to improve the current EV charging station process that drivers go through. They will give EV drivers carbon credits in the form of NFTs every time their vehicle is charged and paid for using their native CCHG tokens. These NFTs can be stored or sold on the open market.
In relation to the infrastructure, the EV charging stations currently throw up a lot of issues. Due to them being generally owned and maintained by different municipalities issues like availability and quality often arise. The C+Charge app will provide drivers with a live map that will show them all the charging stations in their vicinity as well as any other information that may be helpful to them.
RobotEra- Experts think this could be the biggest P2E game of 2023
Everybody knows Metaverse P2E games are the way forward for blockchain gaming and we think 2023 will reflect that. So, among the vast amount of games that are going to pop up we think RobotEra is the pick of the bunch. The game takes place on the fictional planet of Taro which has been destroyed. Your task? Rebuild it to its former glory however you see fit.
The really standout features of the game are the graphics and the unlimited revenue streams. Players play through robot NFT sidekicks that they purchase at the start of the game. These robots interact just like us so players will have endless fun exploring the Metaverse and interacting with other players.
In terms of revenue as we said the opportunities are limitless. The inventors themselves have even said they expect new methods to keep appearing as the game grows. The native currency, TARO, can be earned and spent in-game as players exchange the currency, therefore the more attractive amenities you build on your land or the way you utilize your time in the game can earn you revenue. These reasons are why experts believe it could be the biggest P2E game of 2023.
Conclusion
Polkadot looks like it could have a good year as long as the market continues to grow. However, the three coins going through presale we have discussed are safer options. They are much more certain to pump faster and for longer. Any of them are great options but as their prices are so low we would recommend spreading out your funds on all three.