DOT currently has printed a bullish "W" pattern which would bring it to the $$35 range based on TA alone. Additionally, we have broken out of the downtrend line and are printing more bullish day by day on the EMAs and MACDs. We will get a bullish daily MACD cross by the time today's candle closes imo. This should hopefully bode well for a "W" breakout to the upside.
Additionally, we have a little more clarity on DOT's fundamentals.
Update on timing with the first Auction to go Live on $DOT
1) As you know Kusama will be first to launch parachains then once stable and the first 5 auctions launch on Kusama (DOT's sister network), the first parachain auction will go live on $DOT by end of July.
Source: https://www.reddit.com/r/Polkadot/comments/npjvmc/when_are_the_parachains_auctions/
2) DOT will go live with its first parachain auction by July considering Gavin Wood mentioned that KSM parachain auctions would 'now' launch every 7 days instead of every 2 weeks. Let's see but this is MUCH sooner than what every article is writing "at end of year" and means that most are completely assuming 'end of year' as the first parachain auction meaning none of the benefit is priced in and you're buying at a truly historic discount (see how low in the pitchfork you are buying compared to the projected path) before one of the greatest upgrades in crypto and tech history goes live.
Parachains will run at 100k TPS and scale to 1M TPS with additional parachains and parathreads... this is even faster than centralized organizations like VISA which has a max of 50-60k TPS. Gavin is a pure genius.
Additionally, we have a little more clarity on DOT's fundamentals.
Update on timing with the first Auction to go Live on $DOT
1) As you know Kusama will be first to launch parachains then once stable and the first 5 auctions launch on Kusama (DOT's sister network), the first parachain auction will go live on $DOT by end of July.
Source: https://www.reddit.com/r/Polkadot/comments/npjvmc/when_are_the_parachains_auctions/
2) DOT will go live with its first parachain auction by July considering Gavin Wood mentioned that KSM parachain auctions would 'now' launch every 7 days instead of every 2 weeks. Let's see but this is MUCH sooner than what every article is writing "at end of year" and means that most are completely assuming 'end of year' as the first parachain auction meaning none of the benefit is priced in and you're buying at a truly historic discount (see how low in the pitchfork you are buying compared to the projected path) before one of the greatest upgrades in crypto and tech history goes live.
Parachains will run at 100k TPS and scale to 1M TPS with additional parachains and parathreads... this is even faster than centralized organizations like VISA which has a max of 50-60k TPS. Gavin is a pure genius.
Komentar:
If you can get a limit order in the $21-$22 range consider that a good buy.
Komentar:
Polkadot ETP hits Swedish stock market
DOT rolling out to more and more trading venues globally for institutional investors to buy before parachains are rolled out!
DOT rolling out to more and more trading venues globally for institutional investors to buy before parachains are rolled out!
Komentar:
DOT looking very bullish
Komentar:
Another point to make about this ETP is that it is backed with DOT meaning they have to buy DOT to back the ETP. This creates upward pressure from stable, large players.
Grayscale is next... then a listing on Coinbase...
Grayscale is next... then a listing on Coinbase...
Komentar:
Bullish cross about to occur in DOT - 20 EMA about to cross over the 34 EMA in the next 4H candle.... DOT continuing to look really strong with the Swedes listing of the DOT ETP... gaining more momentum as market takes notice.
Komentar:
Also something I just found out - USDT Tether - will be the first stablecoin to launch on PolkaDot's network:
"We’re pleased to announce that Tether tokens (USDt) will be the first stablecoin to launch on Polkadot, a scalable multi-chain network."
"We’re pleased to announce that Tether tokens (USDt) will be the first stablecoin to launch on Polkadot, a scalable multi-chain network."
Komentar:
Composable Finance raises $7M for cross-chain and cross-layer DeFi interoperability
"Composable Finance is seeking to enhance DeFi synchronicity via a two-pronged approach to interoperability on both Ethereum and Polkadot, with the latter forming a basis for further cross-chain interactions."
cointelegraph.com/ne...efi-interoperability
"Composable Finance is seeking to enhance DeFi synchronicity via a two-pronged approach to interoperability on both Ethereum and Polkadot, with the latter forming a basis for further cross-chain interactions."
cointelegraph.com/ne...efi-interoperability
