Polkadot, DOT on Binance. something with a cute name
Polkadot was created by Ethereum co-founder Gavin Wood.
The three above are the co-founders of Polkadot.
Existing Ethereum and Bitcoin were created to solve the problem that the block chain is very slow and the transaction is limited.
Through the form of multi-chain, it is divided into relay chain and para-chain, and processes transactions hundreds of times faster than existing block chains.
It is said to process about 1 million transactions per second.
Bitcoin: 7 tokens per second, Ethereum 25 tokens per second
Superior speed compared to existing coins.
It is said that it will open the world of decentralized Web 3.0 through such a tremendous speed.
Although several developments are possible, it is a form that greatly compensates for the shortcomings of Ethereum, which is slow.
Well, it cannot “replace” Ethereum, but everyone is predicting that it will play a role of “complementing” it.
After all, it is a fundamental major coin.
Currently ranked 8th in the coin market capitalization ranking. About 40 trillion won.
This week alone, it jumped to 30%.
Compared to Bitcoin and Ethereum, after the crash on September 8th,
He has already recovered and is alone.
Now let's check it out with one
We are currently trying to break through the all-time high.
Those blue two are strong resistance.
If you break the 1st resistance, I think it's almost confirmed to the moon now.
The second is because there is very little stock.
RSI is not particularly overbought.
Currently, the blue line is also looking upwards in the MACD, so it seems that there is still a long way to go before the uptrend is broken.
It is likely that you will receive some resistance only after breaking through the first resistance.
I think it's something you can hold onto for the medium to long term.
Because there is a root.
