$DOT is up 19.22% this week, and it did that while polkadot tore up its own auction model and moonbeam packed up and moved GLMR to base.
the auction system used to lock huge chunks of DOT for two years every time a project wanted a parachain slot. that's gone now, polkadot rents blockspace instead, pay for what you use, no multi year lockup required to get a slot.
moonbeam bailing is the real scar on this story, one of the bigger parachains just walked to a different chain. the fanbase will tell you that's noise, i think it's the first crack that matters if a second one follows.
$DOT trades at $0.947 right now, it already tagged $1 in the past 24 hours before fading. if it holds $0.934, i think it runs back at that $1 high again this week, the coretime shift is the kind of story the market keeps buying into. if it loses $0.934, i'm wrong and anyone who bought this week on the coretime story has nothing to defend.
holding $0.934 or losing it?
follow me for more calls like this.
the auction system used to lock huge chunks of DOT for two years every time a project wanted a parachain slot. that's gone now, polkadot rents blockspace instead, pay for what you use, no multi year lockup required to get a slot.
moonbeam bailing is the real scar on this story, one of the bigger parachains just walked to a different chain. the fanbase will tell you that's noise, i think it's the first crack that matters if a second one follows.
$DOT trades at $0.947 right now, it already tagged $1 in the past 24 hours before fading. if it holds $0.934, i think it runs back at that $1 high again this week, the coretime shift is the kind of story the market keeps buying into. if it loses $0.934, i'm wrong and anyone who bought this week on the coretime story has nothing to defend.
holding $0.934 or losing it?
follow me for more calls like this.
