Polkadot price soars 37% after Coinbase Pro DOT listing, first parachain auction
Cointelegraph
Published Jun 15, 2021 08:45AM ET
Updated Jun 15, 2021 10:20AM ET
Polkadot (DOT) witnessed massive upside moves in the previous daily sessions as traders assessed the cryptocurrency's entry into the United States-based digital assets trading platform, Coinbase Pro, and the upcoming auctioning of parachain slots atop Polkadot network's testbed version, Kusama, this Tuesday.
The DOT/USD exchange rate reached $26.44 during the Monday session, following a roughly 37% upside move that started in the previous daily session. Nevertheless, entering the Asia-Pacific and Europea trading hours on Tuesday, the pair corrected lower by more than 4.5%, hitting an intraday low of $24.25.
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Written By: Cointelegraph
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