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Invezz 2025-03-21 06:00:00

1 crypto coin to buy, 1 altcoin to sell in 2025: Polkadot, Polygon

Cryptocurrency prices remain under pressure this month as the crypto fear and greed index moved to the fear zone and Bitcoin imploded to the bear market. They also dropped as concerns about the impact of Donald Trump’s tariffs on the US economy. This article looks at two cryptocurrencies and identifies one to buy and another one to sell. These coins are Polkadot (DOT) and Polygon (POL). Crypto to buy in 2025: Polkadot (DOT) Polkadot price has crashed in the past few years and it currently sits about 91% below the highest level in 2021. It is also hovering near its lowest level on record. As a result, DOT’s market cap has crashed from over $52 billion in 2021 to $7 billion, meaning that investors have gone through a $45 billion wipeout. It has also moved from a top-ten coin to ranking in the 20th. Still, Polkadot is one of the best crypto coin to buy this year because of its fundamentals and technicals. Its main fundamental aspect is that it is evolving from the traditional Polkadot network that people used to know to a new one known as Polkadot 2.0. The new Polkadot will have more features that will simplify its performance. It will have asynchronous backing, accelerating the transaction confirmation times and increasing the parachains’ capacity. Polkadot 2.0 will also have agile core time that will replace the traditional parachain auction process that was costly and time-consuming. Further, it will have elastic scaling, which gives it the capacity to handle more tasks and block production capacity. These actions, together with the repurposing of DOT to be the universal coin in the network, will likely boost its price. Indeed, data now shows that the volume of stablecoins in the Polkadot ecosystem is growing. DOT price has strong technicals The weekly chart shows that the DOT price has failed to crash below the key support at $3.6 this month. It resisted moving below that level four times since 2022. This continued during the ongoing crypto sell-off. As such, that is a sign that Polkadot price has formed a quadruple bottom. It has also formed a falling wedge pattern, pointing to more upside in the coming months. If this happens, the next key point to watch will be at $12, up by over 170% from the current level. Read more: Polkadot price prediction: here’s why DOT may surge 500% soon Altcoin to sell: Polygon (POL) Polygon has had a big fall from grace in the past few years. The network, which introduced the concept of layer-2 has continued to lose market share in the industry. And last year’s rebrand from MATIC to POL has not helped. Data shows that Polygon now has a total value locked (TVL) of $719 million, down from almost $10 billion a few years ago. In contrast, other layer-2 chains like Arbitrum and Base Blockchain have over $2.5 billion and $3.1 billion. Base Blockchain , which was introduced in 2023, has grown its stablecoin market cap to over $4.1 billion, while Arbitrum has $3.65 billion. The same trend is happening in the decentralized exchange (DEX) industry, where Polygon handled $3.4 billion in the last 30 days. In contrast, Base and Arbitrum handled $24.1 billion and $23 billion in the same period. POL price chart | TradingView Therefore, Polygon lacks a clear catalyst that will push its price higher in the longer term. This explains why the POL price plunged to a low of $0.20 this year, down by 72% from its highest point in November last year. As shown above, POL price has formed a bearish flag pattern, which may lead to more downside in the near term. The post 1 crypto coin to buy, 1 altcoin to sell in 2025: Polkadot, Polygon appeared first on Invezz

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