Will Polkadot (DOT) price breach $100? Polkadot announced that DOT token holders had passed Referendum 41 and a successful Parachain launch sets Polkadot up for the next step in its journey towards being a multi-chain network.
Major Market Updates for Polkadot (DOT)
Polkadot’s Parachain auctions will make it possible for developers to register, build, and source funding for their projects on the Polkadot ecosystem.
Joe Petrowski a member of Web3 Foundation believes that the success of Kusama and assessment by Parity shows that the code for Parachains, auctions, and crowd loans are all ready for an initial production release.
Going forward, let’s analyze the price charts of the DOT vs. BTC and DOT vs. USDT, identifying the significant levels and chart patterns and seeing how the recent fundamental events and announcements show the trend direction.
DOT Price Prediction: DOTBTC Weekly Chart
DOT the native cryptocurrency of the Polkadot ecosystem breaks above the bearish trend line