Popular crypto analyst Benjamin Cowen has revealed some realistic expectations for the interoperable blockchain Polkadot (DOT) as 2022 approaches.
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In a new video, Cowen looks at Polkadot on the Ethereum pair (DOT/ETH) to gauge its strength as an altcoin. According to Cowen, DOT has been going up and down against Ethereum, unlike many altcoins that are slowly bleeding out.
The analyst says that although DOT’s price performance is not as memorable as it was in early 2021, the interoperability chain ultimately creates a bullish structure in the long run. Cowen said all-time highs could realistically be broken in the first or second quarter of next year.