Everyone is paying attention to the coins that are increasing in value, rising by dozens of percent, even hundreds of percent.
Not only that, but they are also competing to be at the top.
More and more altcoins are emerging, to be honest, old coins will inevitably fade into oblivion, it will be hard for them to have a chance.
Unless they continue to update, then that's a different story.
With Polkadot's upcoming launch of Polkadot 2.0, this is also a turning point for development.
With features like Async backing, Agile Coretime, and Elastic Scaling.
This could positively impact the price of Polkadot.
Expected to launch in Q1 2025.
As for all the other coins that do not have any new features, they will continue to compete and fade into oblivion.
Choose a coin with a solid foundation that can last long, slow and steady. You can't lose!
Just keep holding onto the coins that are currently increasing in value and hope they will rise further.
Eventually, money will flow back into coins with a more solid foundation.
Don't be too quick to celebrate when you make a few percent in the short term.
Because that's not a win; it's more like poison.
It will stimulate you to enter and exit trades, jumping around. Making profits for the exchange that charges fees.
In the end, you will still end up losing significantly.
#dot #polkadot 2.0 " data-hashtag="#polkadot 2.0" class="tag">#polkadot 2.0