DOT (Polkadot) rose 5.08% in the last 24 hours.

Gate News Bot message, September 8, according to CoinMarketCap data, as of the time of writing, DOT (Polkadot) is currently reported at $4.05, rising 5.08% in the last 24 hours, reaching a high of $4.08 and a low of $3.62, with a trading volume of $390 million in the last 24 hours. The current market capitalization is approximately $6.539 billion, an increase of $316 million compared to yesterday.

Polkadot is the most scalable, secure, and resilient blockchain platform designed for builders pushing boundaries and users demanding true ownership. It provides engineering support for the mass adoption of Web3, bringing together all the tools, communities, and ecosystems needed.

Important news about DOT recently:

1️⃣ Polkadot is about to release major news Polkadot officially announced that important information will be released tomorrow. This announcement has sparked widespread attention in the market and may be one of the main reasons for the 5.08% rise in DOT price over the past 24 hours. Investors have positive expectations for the upcoming news, driving short-term buying of DOT.

2️⃣ The crypto infrastructure industry has secured significant financing The crypto infrastructure provider Utila has completed a $22 million financing round, with its valuation nearly tripling in six months. This news reflects investors' ongoing confidence in cryptocurrency infrastructure, indirectly providing support for the entire crypto market, including mainstream tokens like DOT.

3️⃣ DOT price breaks through the 4 dollar mark The price of DOT has recently broken through the important psychological barrier of 4 dollars, which opens up space for further rise. From a technical perspective, the area around 4 dollars may become a new support level. If it can stabilize and hold, it may lay the foundation for DOT's mid-term trend.

From a fundamental perspective, the continuous development of the Polkadot ecosystem and the upcoming important news provide potential support for the long-term value of DOT. However, the market's reaction to this news remains uncertain, and investors should closely monitor subsequent developments.

This message is not an investment advice; investors should be aware of market volatility risks.