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Hey I want to just give you my long-term outlook on polka dot and also give you my explanation of its price. Polkadot has an incredibly good pump mechanism. when you want to add a new chain to polka dots network of chains, you have to pay a pretty hefty tax. So it's quite expensive actually to add new chains, this is called a demand generation mechanism.

And the mechanism works pretty well

The trouble is there is an untaxed alternative. That's Cosmos.

yeah I thought you can put up your chain entirely free of cost and you get to write your application with machine code.

polka dot forces you into some pretty weird abstractions you end up working in a virtual machine of sorts that will only execute wasm