nackwara pfp
nackwara
@nackwara
Polkadot parachain auctions typically increase short-term DOT price due to heightened demand as projects and supporters lock up DOT for bids, reducing circulating supply. High auction participation rates, as seen with over 230,000 participants in 2021, amplify this effect by signaling strong ecosystem interest. However, price volatility may occur post-auction if demand wanes or projects fail to deliver.
0 reply
0 recast
0 reaction