Polkadot is one of the most successful Project seen in last one year. It has gained a lot in just past one year.
It was around $2 last year and since then has reached its new all time high yesterday at $47 approx.
That means it has rised by more than 1500% in last one year. Let us look at the chart for polkadot taken from Binance exchange below.
Currently the coin is trading at $44 approx and from the above chart we can see that it reached a till $46.800 on the largest Exchange of world.
Polkadot has also make to top 5 Crypto Currencies in the world in terms of Market Cap and currently is below BNB that holds the rank 3 for itself.
So is polkadot a good investment for the present time when it is already around its all time high ?
I think it is a good long as well as short term investment coin. knowing the fact that it is at rank 4 when it comes to market cap i think it is a good investment.
Also for past one month the price of the coin has been stable at above $30 for the majority of the time.
Thats only my point of view based on my knowledge and i do not suggest anyone to invest based on my prediction or point of view.
Do your own analysis and then decide what you want to do. But anyways the coin is for sure a good long term investment for sure and it might cross $100 in coming years as well.
Happy Trading Everyone.