Do you know? ๐
$DOT (Polkadot) was built by Gavin Wood, an actual Ethereum CO-FOUNDER and it STILL sits down ~99% from its ATH. Living proof that pedigree โ profit.
The raise:
๐น Oct 2017 ICO: $145M in under 2 weeks - one of the biggest ICOs of its era
๐น Total raised 2017โ2020: ~$510.83M (backed by Polychain, Pantera, HashKey)
๐น Public Sale: $ 327.13M(64%)
๐น Funding Rounds: $ 183.70M (36%)
๐น ICO price โ $0.29 per DOT (post-redenomination equivalent)
The crazy twist ๐
Just 10 days after the sale, a Parity multisig bug FROZE ~$98M of the ICO's ETHโฆ permanently. A huge chunk of the raise was gone before the network even launched. ๐ณ
Price journey:
โถ๏ธ Mainnet: May 2020
โถ๏ธ ATH: ~$55 (Nov 4, 2021)
โถ๏ธ Then years of slow bleed under ~10% annual inflation
Today:
๐ Trading near ~$0.87
๐ Down ~99% from ATH
๐ Just printed a NEW all-time low (~$0.80) in June 2026 ๐ณ
๐ They finally capped supply at 2.1B in March 2026, years too late for early bagholders
Lesson for my CryptoPatel Family:
๐ A "legendary founder" is NOT a reason to hold through -98%
๐ High token INFLATION quietly bleeds holders for years, always check emissions
๐ If you're in good profit โ ALWAYS BOOK IT
๐ NEVER fall in love with any coin
Real tech. Real team. Still -99% and making NEW lows 5 years later. The chart doesn't care about your thesis.
TA Only. Not Financial Advice. ALWAYS DYOR.
#DOT #Polkadot #CryptoPatel @Polkadot Network