Polkadot (DOT) gains 42% ahead of its long-awaited parachain auctions

The system by which data is moved in between various blockchains is called “cross-chain message passing-lite,” and is presently being completed throughout the Rococo stage of the projects roadmap.Once the code has actually been fully audited it will then be time for Polkadot governance to vote on making it possible for parachain functionality via a runtime upgrade, followed by a vote to start slot auctions to include advantageous parachains. Social media chatter increased prior to the spikeVORTECS & #x 2122; data from Cointelegraph Markets Pro started to find a bullish outlook for DOT on Feb. 16, prior to the current cost increase. The VORTECS & #x 2122; rating, special to Cointelegraph, is an algorithmic comparison of present and historic market conditions obtained from a combination of data points including market belief, trading volume, recent rate movements and Twitter activity.Cointelegraph Markets Pro – VORTECS & #x 2122; Score (green) vs. DOT priceAs can be seen on the chart above, the VORTECS & #x 2122; rating for DOT reached a peak of 81 on Feb. 16, more than 48 hours prior to the ensuing price spike.

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