At the time of writing, the DOT price was $52.24 with a loss of 1.8 percent. The digital asset has a market cap of $54,841,055,847. The trade volume around the clock, on the other hand, is roughly $1,549,279,367. The expert believes the digital coin would hit highs of $70.06 in the near future. The relevance of the parachain auctions to the network and investors cannot be overstated.