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DOT (Polkadot) rose 3.36% in the last 24 hours.
Gate News Bot news, on September 3rd, according to CoinMarketCap data, as of the time of writing, DOT (Polkadot) is currently priced at 3.82 USD, having pumped 3.36% in the last 24 hours, with a high of 4.02 USD and a low of 3.62 USD, and a trading volume of 257 million USD in the last 24 hours. The current market capitalization is approximately 6.165 billion USD, having risen by 200 million USD compared to yesterday.
Polkadot is the most scalable, secure, and flexible blockchain platform - designed specifically for developers pushing boundaries and users demanding true ownership. Built for mass adoption, Polkadot brings Web3 to the world.
Important recent news about DOT:
1️⃣ DOT price returns to the $3.90 support level The price of DOT has recently experienced a wave of pump and is currently back near the key support level of $3.90. This price level is significant for DOT's short-term trend; if it can hold steady, it may provide a foundation for further rise.
2️⃣ Polkadot ETF decision drives trading activity Recent developments regarding the decision on the Polkadot ETF have attracted market attention, driving a rise in DOT trading activity. Although the final outcome is not yet clear, this event has already influenced DOT's market performance to some extent.
3️⃣ The new plan aims to enhance DOT liquidity A new initiative is underway aimed at improving the liquidity and accessibility of DOT across multiple ecosystems. This initiative is expected to bring broader application scenarios and higher market demand for DOT, thereby positively impacting its value.
From a technical perspective, the DOT price has shown a certain rise trend recently, but it still needs to break through key resistance levels to confirm strength. On the fundamental side, the continuous development of the Polkadot ecosystem and the introduction of new features provide support for the long-term value of DOT.
This message is not an investment advice, and investors should be aware of market volatility risks.