Polkadot (DOT) changes its DNA, what is the effect of price?

Polkadot (DOT) is one of the stellar projects of 2022. After a massive advance, and a severe correction, the project continues to evolve by improving its DNA: its governance system. It’s a project that’s still dynamic, still living under the cryptic winter snows. Plus, at 661% HUD, it makes for an interesting entry point. to analyze.

Polkadot (DOT), chooses decentralized blockchain!

Polkadot (DOT) Change the system of government. Decentralization is not just a keyword to satisfy its followers Cryptocurrency. This is why this ecosystem exists. That is the goal. In fact, without decentralization, the applications generated by blockchain It would have nothing new to offer. You’ll just copy blockchain of services and products that already exist today, in our central economies. Take currency for example. CDBC is an encoded asset that works through a file blockchain. However, if the blockchain It is limited to the infrastructure of that coin, so there is nothing new. There is no possibility of freedom, it is just a 2022 version of good old paper money.

However, decentralization is an ambiguous tool that is difficult to understand, implement and explain. It’s something the dev team does Polkadot (DOT) well understood. According to the team, the previous referee’s style, Gov1, had many mistakes dotted. For example, some people had more power than others. Especially the members board or Technical Committee. Thus creating first-class citizens, and thus second-class citizens.

In the blockchain, you have to move forward or die

The story is as we mentioned dottedDo not forgive human organizations that do not develop. Economies that don’t trade, dictatorships that close borders, and languages ​​that don’t add new words. On this photo the team dotted He explained the need for a new style of government, but also the idea that the perfect style of government would never exist. The solution is to change, adapt and evolve. The blockchain Revolution. Now, revolution is like a bicycle: if you stop moving forward, it falls.

Despite the desire to change, some defects cannot be changed. 50% off dotted (DOT) You will always allow for the majority. But that is the principle of democracy, isn’t it? Perhaps the importance of certain wallets in decentralized ecosystems Cryptocurrency It pushes us to reinvent power-sharing models, to achieve power that is less proportional, but more just. A new vision inspires our political models at a time when economic weight is crushing common interests. All in a world where the distribution of wealth is highly unbalanced.

Polkadot (DOT) Technical Analysis and Price Prediction 2022

These changes by dotted Will they have an impact on the course Polkadot Cryptocurrency (DOT) ? fate encryption Not necessarily associated with a project and blockchain. However, the value of Polkadot (DOT) Depends on staking. Therefore, it is indirectly related to the regime.

dotted Its market value is 7.03 billion euros. Which makes him twelfth Cryptocurrency In the Coinmarketcap ranking. It is trading at €7.12 on July 23, 2022, down nearly 6% compared to the last 24 hours. The Polkadot Cryptocurrency (DOT) It is in a very low price area.

  • In August 2020 appeared in the markets encryptionpriced at about $3.
  • It then exploded to fetch $55, an increase of 2,984% on November 07, 2021.
  • then winter encryption They took advantage of this meteoric rise.
  • dotted It went on to set the support at $5.94 on June 11, 2022, which is 89% below ATH.
  • Currently at $7.26, ex ATH provides a 661% upside potential.

If Polkadot (DOT) is far from ATH today, this project remains one of the most promising projects in the blockchain ecosystem in 2022. Its ability to constantly evolve and tweak its operations is a strength. It adapts and does not die. These are good reasons to be confident in the future of this project.

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