If Polkadot ($DOT ) establishes itself as a good investment in 2024, this year would be favorable to the cryptocurrency. In conclusion, the bullish Polkadot (DOT) price prediction for 2024 is $8.504. Comparatively, the bearish Polkadot (DOT) price prediction for 2024 is $2.859. 

If there is a positive elevation in the market momentum and investors’ sentiment, then Polkadot (DOT) might hit $20. Furthermore, with future upgrades and advancements in the Polkadot ecosystem, DOT might surpass its current all-time high (ATH) of $55.00 and mark its new ATH.