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Should You Buy Polkadot While It's Under $10?


Polkadot (CRYPTO: DOT) has taken its investors on a wild ride over the past five years. It started trading at $2.90 on Aug. 20, 2020, skyrocketed to an all-time high of nearly $55 on Nov. 4, 2021, but now trades at less than $4.

Like many other smaller altcoins, Polkadot fizzled out as rising interest rates drove investors toward more conservative investments. However, some bullish analysts still expect its price to more than double to $10 by the end of this year. Let's see if that's possible.

Image source: Getty Images.

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Source Fool.com

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