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Polkadot Parachain Auction Launch Confirmed - $DOT Price Jumps 22.5% in 7 hours

Crowdsense detected the first event related to the Parachain Auction Launch, 7+hours before the $DOT price jumped 22.5%.

As we wrote in the Crypto Weekly Outlook at the beginning of the past week, "Polkadot (DOT-USD) should also be on investors’ radar, Polkadot's launch of parachain slot auctions could lead DOT to a new all-time high."

Only two days following our outlook, on 13/10/2021 at 05:39 PM (GMT +3), Crowdsense detected an event saying: "#Polkadot | $DOT Parachain auctions begin in December. Gavin (Co-founder of $ETH and founder of $DOT) confirms DOT parachains will have auctions starting in December, meaning that parachain slot auction lock-ups could start earliest in just November."

Minutes later, the crypto market started to react to this early news and 7 hours later, $DOT's price had jumped by 22.5%.

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