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Polkadot (DOT) turns bullish following Inter Miami CF partnership

by August 29, 2024
written by August 29, 2024

Polkadot (DOT) has seen a notable price surge today, climbing 3.3% following the announcement of a high-profile partnership with Inter Miami CF, the football club co-owned by David Beckham.

Polkadot has become the club’s Global Training Partner, a move that not only boosts Polkadot’s visibility but also resonates with the global fanbase of soccer superstars like Lionel Messi. The collaboration highlights Polkadot’s decentralized decision-making model.

Polkadot, the official Inter Miami CF training partner

Polkadot’s partnership with Inter Miami CF, one of the most talked-about football clubs in the world, will see the Polkadot logo placed on the Inter Miami CF team’s training kits, making it visible during official training sessions, pre-match warm-ups, and other events at Inter Miami’s Florida Blue Training Center.

The logo will also be prominently displayed throughout the Chase Stadium in Florida via LEDs and stadium signage.

The collaboration will debut on August 31, just before Inter Miami’s match against Chicago Fire FC.

Fans can expect to see the Polkadot logo on the training tops worn by Inter Miami’s first team and technical staff.

Targeting Inter Miami CF fanbase

The partnership is not just about branding; it is also about engaging with the global fanbase through interactive fan zone activations and dynamic digital campaigns.

Salvatore Esposito, a Polkadot Community Contributor, emphasized that this collaboration is a testament to the power of decentralized decision-making, which allows community members to have a voice in major global marketing initiatives.

This approach ensures that every decision reflects the collective vision of the community, making the partnership a natural fit for both Polkadot and Inter Miami CF.

Positive market response as DOT price surges

Following the announcement, Polkadot’s price experienced a significant uptick, rising by 3.3% to reach $4.38. This surge follows a recent period of volatility, where DOT saw a 7-day decline of 5.3% and a 30-day drop of 22.3%.

The positive market response highlights investor confidence in Polkadot’s strategic partnerships and its potential to expand its reach beyond the traditional blockchain community.

Currently ranked at position 20 in the market cap, DOT’s 24-hour price range fluctuated between $4.18 and $4.40. The cryptocurrency’s trading volume also saw an increase, reflecting the heightened interest in Polkadot’s recent activities.

With Polkadot now prominently associated with a globally recognized football club, the blockchain platform is poised to attract more attention, not just from crypto enthusiasts but from the wider sports and entertainment communities.

The partnership with Inter Miami CF marks a significant milestone for Polkadot as it continues to push the boundaries of decentralized governance and global marketing.

As the collaboration unfolds, it will be interesting to see how Polkadot leverages this opportunity to further solidify its position in the cryptocurrency market.

The post Polkadot (DOT) turns bullish following Inter Miami CF partnership appeared first on Invezz

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