polkadotupdate
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Polkadot BD Bounty is now live, offering a program to reward individuals and organizations that successfully onboard new businesses to the Polkadot ecosystem.
$DOT #PolkadotRevolution #polkadotupdate #Polkadot #BinanceTournament #SOFR_Spike
$DOT #PolkadotRevolution #polkadotupdate #Polkadot #BinanceTournament #SOFR_Spike
In 2 Years Polkadot Will Die
The reason is their financial strategy. Investing millions in ads, they get 0 results.
How's it possible? Let me show you 🧵👇
1/ Polkadot has $245M, $188M on tokens.
During the first half of 2024, the team spent $87M
That's 2.4x more than during the second half of 2023.
2/ But on what did they spend $87M?
• $37M - Outreach
• $23M - Dev
• $15M - Economy
• $6M - Talent and education
• $4M - Operations
• $2M - Research
Now we'll focus on outreach
3/ The team used $37M to attract new users.
• Sponsorships: $10M
• Events: $7.9M
• Influencers: $5M
• Ads $4M
• Business Development: $3.9M
• Media: $3.2M
• Other: $3M
Spoiler: the number of active accounts only declined
4/ Sponsorships: $10M
◾ $6.8M on soccer club, high chances that's the collab with Lionel Messi and Inter Miami CF
◾ $1.9M on racing, Conor Daly
◾ $1.3M on E-sport tournament, HEROIC is the organizer
5/• Events: $7.9M
◾ $2.9M on Polkadot Decoded and Sub0
◾ $560K on Polkadot Decoded China
◾ $540K on 3 {bash} parties
◾ $420K on Token2049 side event
6/• Influencers: $5M
◾ $2.2M on EVOX
◾ $1.3M on Lunar Strategy
◾ $490K on Chainwire
◾ $460K on Unchained
7/ • Ads $4M
◾ $1M for CoinMarketCap(yes, that ads no one pays attention to)
◾ $900K for EVOX
◾ Another sum is unknown
8/ • Business Development: $3.9M
◾ $1M for partnership with The Tie
◾ $550K for integration of insurance provider Avata
◾ $540K for recruiting future partners in the Decentralized Futures program through Missing Link
◾ Another sum is unrevealed
9/ • Media: $3.2M
There's only the info about Kusamarian($530K) and Behind the Code docuseries($350K)
Plus, Polkadot hired a few other influencers
10/ Polkadot still has $200M in liquid assets. With $108M spent each year, they still have 2 years.
Nothing will change if they don't want to change their strategy.
As well as reduce their inflation
and the most important part is, polkadot onchain users are where..? no activity like sol, base, eth and arb chains.
That's it for today... what you folks think about it..? let me know in the comment section.
#polkadot2.0 #polkadotupdate #POLKADOTE #Polkadot
How's it possible? Let me show you 🧵👇
1/ Polkadot has $245M, $188M on tokens.
During the first half of 2024, the team spent $87M
That's 2.4x more than during the second half of 2023.
2/ But on what did they spend $87M?
• $37M - Outreach
• $23M - Dev
• $15M - Economy
• $6M - Talent and education
• $4M - Operations
• $2M - Research
Now we'll focus on outreach
3/ The team used $37M to attract new users.
• Sponsorships: $10M
• Events: $7.9M
• Influencers: $5M
• Ads $4M
• Business Development: $3.9M
• Media: $3.2M
• Other: $3M
Spoiler: the number of active accounts only declined
4/ Sponsorships: $10M
◾ $6.8M on soccer club, high chances that's the collab with Lionel Messi and Inter Miami CF
◾ $1.9M on racing, Conor Daly
◾ $1.3M on E-sport tournament, HEROIC is the organizer
5/• Events: $7.9M
◾ $2.9M on Polkadot Decoded and Sub0
◾ $560K on Polkadot Decoded China
◾ $540K on 3 {bash} parties
◾ $420K on Token2049 side event
6/• Influencers: $5M
◾ $2.2M on EVOX
◾ $1.3M on Lunar Strategy
◾ $490K on Chainwire
◾ $460K on Unchained
7/ • Ads $4M
◾ $1M for CoinMarketCap(yes, that ads no one pays attention to)
◾ $900K for EVOX
◾ Another sum is unknown
8/ • Business Development: $3.9M
◾ $1M for partnership with The Tie
◾ $550K for integration of insurance provider Avata
◾ $540K for recruiting future partners in the Decentralized Futures program through Missing Link
◾ Another sum is unrevealed
9/ • Media: $3.2M
There's only the info about Kusamarian($530K) and Behind the Code docuseries($350K)
Plus, Polkadot hired a few other influencers
10/ Polkadot still has $200M in liquid assets. With $108M spent each year, they still have 2 years.
Nothing will change if they don't want to change their strategy.
As well as reduce their inflation
and the most important part is, polkadot onchain users are where..? no activity like sol, base, eth and arb chains.
That's it for today... what you folks think about it..? let me know in the comment section.
#polkadot2.0 #polkadotupdate #POLKADOTE #Polkadot
Zondax is introducing the new Polkadot Ledger app, bringing excitement and convenience to users.
The app provides a unified experience for managing all parachain assets in one place, developed by Zondax, Parity, and Alzymologist.
The app aims to minimize disruptions from runtime upgrades, ensuring a stable and efficient interaction with the Polkadot ecosystem.
#zondax #polkadotupdate #polkadot2.0 #Polkadot $DOT #BinanceTournament
The app provides a unified experience for managing all parachain assets in one place, developed by Zondax, Parity, and Alzymologist.
The app aims to minimize disruptions from runtime upgrades, ensuring a stable and efficient interaction with the Polkadot ecosystem.
#zondax #polkadotupdate #polkadot2.0 #Polkadot $DOT #BinanceTournament
Polkadot DOT just launched a runtime upgrade on the mainnet! Unexpectedly, it caused a halt in parachain activity.
#polkadotupdate #DOT
#polkadotupdate #DOT
🔴 WHEN TO BUY $DOT 🔴
Dot is sitting at the top of previous accumulation range.
The best way to approach buying DOT is to buy 50% now at 6.50
and save 50% of your allocation in case we nuke to the lower part of the range at 4.50.
This is the best form of risk management you can have for swing trading.
If you ape all now you may have to watch your position suffer 50% drawdown... are you sure you can stomach that.
#polkadotupdate #polkadot2.0 #altcoins #btc70k
Dot is sitting at the top of previous accumulation range.
The best way to approach buying DOT is to buy 50% now at 6.50
and save 50% of your allocation in case we nuke to the lower part of the range at 4.50.
This is the best form of risk management you can have for swing trading.
If you ape all now you may have to watch your position suffer 50% drawdown... are you sure you can stomach that.
#polkadotupdate #polkadot2.0 #altcoins #btc70k
Polkadot's Latest Price Movements: What You Need to Know!
Polkadot (DOT) is currently navigating a volatile market, with its price recently struggling to maintain the $7 mark. Despite reaching $7.47 earlier, it has faced consistent resistance at the 20-day Simple Moving Average (SMA) and has seen a dip to around $6.52.
🔹 Current Price: $6.52
🔹 Resistance Levels: $7.00 (20-day SMA), $7.47
🔹 Support Levels: $6.40 (significant support), $6.00 (potential drop if breached)
Market Sentiment:
- Bearish Trend: DOT is facing strong selling pressure, with a bearish crossover between the 20-day and 200-day SMAs.
- RSI and MACD Indicators: The Relative Strength Index (RSI) is around 40, suggesting room for potential bullish momentum. The Moving Average Convergence Divergence (MACD) indicator is also hinting at a possible stabilization if buyers step in.
- Social Media Buzz: Polkadot ranks #49 in social media activity, with a neutral sentiment prevailing. Around 7.57% of tweets are bullish, while 1.69% are bearish.
Potential Catalysts:
1. Join-Accumulate Machine (JAM) Protocol: Introduced by Polkadot's founder, Gavin Wood, this protocol aims to enhance interoperability between Polkadot and Ethereum, potentially driving future growth.
2. Inter Miami Sponsorship: Polkadot is in advanced discussions for an $8.8 million sponsorship deal with Inter Miami, which could significantly boost its visibility and adoption.
3. Acala Network Upgrade: The Sinai upgrade by Acala Network, one of Polkadot’s leading parachains, promises improved efficiency and scalability.
Polkadot is in a critical phase, with market dynamics indicating potential support at $6.40. Watch for the key resistance at $7.47 for signs of a bullish breakout.
Stay informed and keep an eye on market trends to make informed trading decisions.
💬 Stay tuned for more updates and analysis!
#polkadotupdate #DOT_UPDATE #CryptoNewsCommunity #TradingTidbits
🔹 Current Price: $6.52
🔹 Resistance Levels: $7.00 (20-day SMA), $7.47
🔹 Support Levels: $6.40 (significant support), $6.00 (potential drop if breached)
Market Sentiment:
- Bearish Trend: DOT is facing strong selling pressure, with a bearish crossover between the 20-day and 200-day SMAs.
- RSI and MACD Indicators: The Relative Strength Index (RSI) is around 40, suggesting room for potential bullish momentum. The Moving Average Convergence Divergence (MACD) indicator is also hinting at a possible stabilization if buyers step in.
- Social Media Buzz: Polkadot ranks #49 in social media activity, with a neutral sentiment prevailing. Around 7.57% of tweets are bullish, while 1.69% are bearish.
Potential Catalysts:
1. Join-Accumulate Machine (JAM) Protocol: Introduced by Polkadot's founder, Gavin Wood, this protocol aims to enhance interoperability between Polkadot and Ethereum, potentially driving future growth.
2. Inter Miami Sponsorship: Polkadot is in advanced discussions for an $8.8 million sponsorship deal with Inter Miami, which could significantly boost its visibility and adoption.
3. Acala Network Upgrade: The Sinai upgrade by Acala Network, one of Polkadot’s leading parachains, promises improved efficiency and scalability.
Polkadot is in a critical phase, with market dynamics indicating potential support at $6.40. Watch for the key resistance at $7.47 for signs of a bullish breakout.
Stay informed and keep an eye on market trends to make informed trading decisions.
💬 Stay tuned for more updates and analysis!
#polkadotupdate #DOT_UPDATE #CryptoNewsCommunity #TradingTidbits
🌐🚀 Exciting News from Polkadot! 🚀🌐
According to CryptoPotato, Polkadot is making waves with its network enhancements and potential sponsorship deal with Inter Miami, a prominent American soccer club!
🔍 Network Improvements:
- Polkadot has boosted transaction processing speed and capacity.
- Asynchronous Backing optimizes validating parachain blocks, doubling block production speed and increasing block space availability by 6-10 times.
- Throughput has surged 8 times without compromising security, paving the way for Web3 applications in gaming and DeFi.
📈 Technical Advancements:
- The Join-Accumulate Machine (JAM) Gray Paper proposes a design to advance the Relay Chain, combining Polkadot and Ethereum elements for a scalable node network.
⚽ Potential Sponsorship Deal:
- Polkadot is eyeing an $8.8 million sponsorship deal with Inter Miami, co-owned by David Beckham and featuring soccer icon Lionel Messi.
- This opportunity follows a previous bid to sponsor FC Barcelona's jersey, showcasing Polkadot's interest in the sports world.
Exciting times ahead for Polkadot as it continues to innovate and explore new partnerships! Stay tuned for more updates! 🎉🚀 #polkadotupdate #InnovationInMotion #partnerships
According to CryptoPotato, Polkadot is making waves with its network enhancements and potential sponsorship deal with Inter Miami, a prominent American soccer club!
🔍 Network Improvements:
- Polkadot has boosted transaction processing speed and capacity.
- Asynchronous Backing optimizes validating parachain blocks, doubling block production speed and increasing block space availability by 6-10 times.
- Throughput has surged 8 times without compromising security, paving the way for Web3 applications in gaming and DeFi.
📈 Technical Advancements:
- The Join-Accumulate Machine (JAM) Gray Paper proposes a design to advance the Relay Chain, combining Polkadot and Ethereum elements for a scalable node network.
⚽ Potential Sponsorship Deal:
- Polkadot is eyeing an $8.8 million sponsorship deal with Inter Miami, co-owned by David Beckham and featuring soccer icon Lionel Messi.
- This opportunity follows a previous bid to sponsor FC Barcelona's jersey, showcasing Polkadot's interest in the sports world.
Exciting times ahead for Polkadot as it continues to innovate and explore new partnerships! Stay tuned for more updates! 🎉🚀 #polkadotupdate #InnovationInMotion #partnerships
SingularityNET and OriginTrail, a Polkadot parachain, have formed a strategic partnership to develop the Internet of Knowledge, enabling the creation of AI-driven data analysis and enhancing the integrity of AI data.
#singularityNET #origintrail #polkadotupdate #AI #TopCoinsJune2024 $AGIX $DOT
#singularityNET #origintrail #polkadotupdate #AI #TopCoinsJune2024 $AGIX $DOT
Crypto Market Shows Signs of Recovery Amid Upcoming Economic Events in the U.S.
A very good news for Crypto Market.
#BTC🌪️
#ETH🔥🔥🔥
#SolanaInvesting
#polkadotupdate
A very good news for Crypto Market.
#BTC🌪️
#ETH🔥🔥🔥
#SolanaInvesting
#polkadotupdate
POLKADOT (DOT) predictions‼️
🚀 Can Polkadot (DOT) Price Reach $12 After Outperforming Solana and Cardano? 🌐
Polkadot (DOT) is experiencing a bullish surge fueled by increasing interest from institutional investors. Despite this positive momentum, the altcoin faces resistance levels on its path to reclaiming previous highs.🥇
Outperforming Competitors: Polkadot has outperformed rivals like Solana and Cardano, attracting attention from institutional investors. In the week ending March 23, DOT saw inflows of $5 million, while SOL and ADA experienced outflows.
This institutional interest has contributed to DOT's recent price recovery.📊
Retail Investor Sentiment: Retail investors are also showing renewed bullish sentiment towards Polkadot, further supporting its upward trajectory.
This resurgence in optimism is crucial for sustaining DOT's upward momentum.💡
Price Prediction: Analysts predict that Polkadot could target the $12 mark, representing a potential rally of 31%.
While DOT fell short of this target in the previous bull run, it now has a chance to reach it, provided it can overcome resistance levels at $10 and $11.#polkadot2 #polkadotupdate #DOTAnalysis #Priceanalysis
Polkadot (DOT) is experiencing a bullish surge fueled by increasing interest from institutional investors. Despite this positive momentum, the altcoin faces resistance levels on its path to reclaiming previous highs.🥇
Outperforming Competitors: Polkadot has outperformed rivals like Solana and Cardano, attracting attention from institutional investors. In the week ending March 23, DOT saw inflows of $5 million, while SOL and ADA experienced outflows.
This institutional interest has contributed to DOT's recent price recovery.📊
Retail Investor Sentiment: Retail investors are also showing renewed bullish sentiment towards Polkadot, further supporting its upward trajectory.
This resurgence in optimism is crucial for sustaining DOT's upward momentum.💡
Price Prediction: Analysts predict that Polkadot could target the $12 mark, representing a potential rally of 31%.
While DOT fell short of this target in the previous bull run, it now has a chance to reach it, provided it can overcome resistance levels at $10 and $11.#polkadot2 #polkadotupdate #DOTAnalysis #Priceanalysis
"Polkadot's PINK Coin Gears Up for a Buzzing Debut with Expanded Ecosystem Integration"
Polkadot enthusiasts are buzzing with anticipation as the first community meme coin, PINK, prepares for its highly anticipated public launch. Initially distributed through airdrops to select Polkadot communities, PINK is now poised to embrace a broader audience through a fair launch model. Reflecting Polkadot's vibrant ecosystem, PINK's total token supply is capped at 2,300,001,221, paying homage to Polkadot's RGB color code.
PINK finds its home on the Polkadot AssetHub, aligning with the project's ethos of equitable distribution across its ecosystem. Notably, Polkadot parachains hold a 12.5% share of PINK's supply, with 14 qualified teams slated to receive allocations. These teams wield autonomy in distributing their portions to users as they see fit, with leading projects like Moonbeam, Bifrost, and Astar set to receive significant parachain airdrops.
Excitement further escalates with the introduction of PINKDROP, a browser game developed by the creators of the Great Escape. Designed to immerse users in the Polkadot ecosystem through interactive challenges, PINKDROP has swiftly gained traction. Within its first month, the game has garnered over 225,000 sessions played by 14,000 unique addresses. Furthermore, 15% of PINK's supply is earmarked for PINKDROP players, incentivizing engagement through social tasks.
Additionally, 2.5% of the token supply is allocated to gaming communities to catalyze Web3 gaming development on the Polkadot network. Notably, six games, including Shockwaves.ai, have already joined the initiative, amplifying the platform's gaming capabilities and fostering community involvement.
Anticipation mounts as a revamped version of Pinkdrop gears up for launch, introducing a league mode featuring daily tournaments and $PINK prizes. This innovative approach aims to accelerate PINK's adoption and underscore its potential within Polkadot's burgeoning
#polkadotupdate #HotTrends
Polkadot enthusiasts are buzzing with anticipation as the first community meme coin, PINK, prepares for its highly anticipated public launch. Initially distributed through airdrops to select Polkadot communities, PINK is now poised to embrace a broader audience through a fair launch model. Reflecting Polkadot's vibrant ecosystem, PINK's total token supply is capped at 2,300,001,221, paying homage to Polkadot's RGB color code.
PINK finds its home on the Polkadot AssetHub, aligning with the project's ethos of equitable distribution across its ecosystem. Notably, Polkadot parachains hold a 12.5% share of PINK's supply, with 14 qualified teams slated to receive allocations. These teams wield autonomy in distributing their portions to users as they see fit, with leading projects like Moonbeam, Bifrost, and Astar set to receive significant parachain airdrops.
Excitement further escalates with the introduction of PINKDROP, a browser game developed by the creators of the Great Escape. Designed to immerse users in the Polkadot ecosystem through interactive challenges, PINKDROP has swiftly gained traction. Within its first month, the game has garnered over 225,000 sessions played by 14,000 unique addresses. Furthermore, 15% of PINK's supply is earmarked for PINKDROP players, incentivizing engagement through social tasks.
Additionally, 2.5% of the token supply is allocated to gaming communities to catalyze Web3 gaming development on the Polkadot network. Notably, six games, including Shockwaves.ai, have already joined the initiative, amplifying the platform's gaming capabilities and fostering community involvement.
Anticipation mounts as a revamped version of Pinkdrop gears up for launch, introducing a league mode featuring daily tournaments and $PINK prizes. This innovative approach aims to accelerate PINK's adoption and underscore its potential within Polkadot's burgeoning
#polkadotupdate #HotTrends
#polkadotupdate #Spotcoins
spot buy: #Polkadot The altCoin which can survive if ethereum is scrutinized and dragged in courts.
we should not be surprised to see an etf of Dot.
Dot is a software npt a coin...
spot buy: #Polkadot The altCoin which can survive if ethereum is scrutinized and dragged in courts.
we should not be surprised to see an etf of Dot.
Dot is a software npt a coin...
Polkadot Ecplain Connecting Blockchains (Interoperability): Unlike many blockchains that operate in isolation, Polkadot allows different blockchains to interact with each other. This means data and assets (like cryptocurrencies) can be transferred between them. Imagine it as a bridge connecting previously separate islands, enabling communication and exchange.
Scalability: Blockchains can get congested with a high volume of transactions, slowing them down. Polkadot addresses this by using a sharded architecture. It breaks down the network into multiple blockchains called parachains, which process transactions in parallel, significantly increasing the network's overall processing power. #polkadotupdate #CryptocurrencyAlert #KnowlSharing edge
Scalability: Blockchains can get congested with a high volume of transactions, slowing them down. Polkadot addresses this by using a sharded architecture. It breaks down the network into multiple blockchains called parachains, which process transactions in parallel, significantly increasing the network's overall processing power. #polkadotupdate #CryptocurrencyAlert #KnowlSharing edge
Polkadot's remarkable growth, soaring from $2.70 in August 2020 to an impressive 249.92% increase today, showcases its resilience and appeal in the cryptocurrency market. Its innovative technology, focusing on interoperability, scalability, and decentralized governance, has garnered widespread attention and adoption. With strategic partnerships and a vibrant community, Polkadot's upward trajectory solidifies its position as a leading player in the crypto world, promising a bright future in decentralized finance.
#polkadotupdate #Polkadot #DOT #HOTTRENDS
#polkadotupdate #Polkadot #DOT #HOTTRENDS
CRYPTO EXPERTS ABOUT POLKA DOT
Crypto experts say Polkadot (DOT) needs to reach a certain price to keep going up. They think it should go above $12 to keep the positive trend. A group called CryptoYoddha said this. Another group, altFINS, also talked about Polkadot. They said DOT's price is going up after breaking out of a pattern. But it hit $12 and went back down below $10. altFINS thinks the next good price to buy is $8. If it stays above $8, they say it could go up to $10 or even $12. They suggest putting a stop-loss at $7.20.
#POLKADOT'S #HotTrends
#polkadotupdate
Crypto experts say Polkadot (DOT) needs to reach a certain price to keep going up. They think it should go above $12 to keep the positive trend. A group called CryptoYoddha said this. Another group, altFINS, also talked about Polkadot. They said DOT's price is going up after breaking out of a pattern. But it hit $12 and went back down below $10. altFINS thinks the next good price to buy is $8. If it stays above $8, they say it could go up to $10 or even $12. They suggest putting a stop-loss at $7.20.
#POLKADOT'S #HotTrends
#polkadotupdate