Polkadot has set a new ATH ahead of parachain auctions.
Polkadot (DOT) has set a new record ahead of anticipated parachain auctions. DOT has set a new all-time high (ATH) at $53, up 15% today. Polkadot Council accepted the offer, which allows registration and crowdloading for developers. The news brought a new record to DOT.
Polkadot users and developers voted for the proposal that will allow developers to register parachains and discover crowdloan funds for projects. The offer was successfully accepted and brought a new ATH to DOT.
Auctions on November 15
Polkadot’s highly anticipated parachain auctions will kick off on November 11. The first batch will run for five weeks, holding an auction each week. The auctions will take place in two lots and will consist of eleven auctions.
However, the proposal needs a final public approval. The approval will help parachain teams register their parachain and open their crowdloan on Nov.
Polkadot, which gained a great momentum in the last 30 days and gained 60% in value, rose 1136 in the last year. Polkadot is trading at $51.42 at the time of publication.