Recent developments in the crypto money world have also hit Polkadot, one of the leading altcoins. Polkadot (DOT) has lost 3.1 percent in the last 24 hours, according to data from CoinGecko.
Although DOT is currently trading at $5.29, it made its ATH at $55 in 2021.
Polkadot Long Term Price Forecast
Polkadot (DOT) aims to establish a completely decentralized internet chain that connects non-centralized websites, networks that do not require public or private permission, to each other with Blockchain.
DOT price prediction is based on expert opinions, technical analysis and previous movements.
Polkadot’s long-term price predictionConsidering the current outlook, it does not make much sense for analysts and experts to valuate the DOT at the end of the year very, very high. The inflationary situation in the world and the interest rate hikes by the countries have a negative impact on the DOT price.
The estimated maximum value for Polkadot by the end of 2022 is $ 6.13, while the minimum value is estimated at $ 5.39. In 2023, this situation is $ 8.42, while the maximum is $ 9.88. When we look at 2024, we see a price prediction ranging from $11.91 to $14.6. When we look at when DOT reaches its ATH (All Time High), we see that analyst views point to the year 2028. In 2028, the DOT has an estimated minimum of $50.46 and a maximum of $59.59. If we take a look at 2031, the last year of the analysis, we see that the highest estimated value of DOT is in the band of 190.58 dollars.
