Polkadot An open-source protocol built for everyone:

Polkadot is one of the biggest refreshments for the cryptocurrency market in 2021. The project gained lots of popularity quickly so it's not surprising that many investors are curious to answer the question “Is Polkadot a good investment?” To answer that effectively at least we have to know what Polkadot is and what it is all about.

So, let's give a brief introduction to Polkadot. Polkadot is an open-source project founded by the Web3 Foundation. Web3 Foundation has commissioned five teams and over 100 developers to build Polkadot. This protocol is built to allow interoperability between blockchains by providing a multiple chain environment. The Polkadot chain is more than sending tokens from blockchain to blockchain. It also enables the communication of data between these networks. Let us know the Polkadot price prediction 2021 in detail.

Think of Polkadot as the blockchain that wants to bring us Web 3.0 through the decentralization of the internet. We talk of interoperability earlier and it turns out that not only is Polkadot interoperable within the crypto blockchain but it is also interoperable outside the crypto blockchain.

As a result, users can create new blockchains and smart contracts as well as information exchange between blockchains. The Polka blockchain is upgradeable and it has its governance token called DOT. Dot Price prediction for 2021 will boost the investors and coin traders.

At the time of writing, DOT / USD is trading at $ 9.93. Its immediate upside is capped by the ascending parallel channel's middle boundary. Resuming the uptrend above this key short-term hurdle is likely to see Polkadot reclaim the support above $ 10.