Is Polkadot a good investment?

Polkadot, which currently trades at $27.63, is more affordable, making it a more enticing purchase. As cryptocurrency becomes more popular, upstarts like Polkadot will take some of the market share from major players like Bitcoin and Ethereum.

Is Polkadot a threat to other high-ranking cryptocurrencies?

Polkadot is a relatively new cryptocurrency quickly gaining popularity. Bitcoin still tops the list for cryptocurrency and isn’t at risk of being dethroned anytime soon. But Polkadot is rising in rank and threatens other high-ranking cryptocurrencies like Ethereum. © damircudic / Getty Images Teenage boy using laptop at home.

Is Polkadot a better buy than Ethereum?

Polkadot, which currently trades at $27.63, is more affordable, making it a more enticing purchase. As cryptocurrency becomes more popular, upstarts like Polkadot will take some of the market share from major players like Bitcoin and Ethereum. Ethereum is up more than 171% over the last 12 months.

Can Polkadot developers build their own blockchain projects?

But Polkadot developers can build their own blockchain projects (Parachains) without worrying about the blockchain trilemma, since they’re benefiting from the security, interoperability and scalability of the Relay Chain. And to make things even simpler, Parachains can be developed with drag-and-drop templates in a matter of hours.