Polkadot News Today: Institutional Bridges and Token Destruction Drive A New Crypto Wave
Source: CoinWorld
Time: 2025-09-07 12:00:22
On August 24, 2025, Polkadot's DOT price rose 2% to $4.04, breaking through the seven-day resistance level, thanks to trading volume and active participation of institutional investors. The token's $6.5 billion market capitalization reflects bullish sentiment, thanks to the establishment of the Polkadot Capital Group, aiming to connect traditional finance and Web3. Meanwhile, Arctic Pablo Coin (APC) raised $3.7 million in the 39th round of pre-sales, which adopts a deflationary model, destroys tokens weekly and offers 300% rewards to early investors. Analysts predict that if APC reaches $0.10, its potential return will be as high as 10,001%.