After three months of sustained rally with occasional speed breakers, Polkadot made an ATH of $51.59 ahead of its first parachain auctions getting approved. The parachain auctions had been in development throughout the year. The euphoria surrounding their 4 November launch seemed to be the main driving force behind the altcoin’s rally to a new all-time high. However, there was more to DOT’s rise than just that.
While the stage was set for DOT to reach a new ATH, as highlighted in our previous
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