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Dymension (DYM) Token Detail and Market Analysis

2024-08-02 20:18:16


      Dymension (DYM) is a highly watched cryptocurrency with recent price fluctuations, attracting the attention of many investors. This article will provide a detailed introduction to DYM's market performance, token economy, distribution, and future prospects.


Dymension (DYM) Market Performance

As of now, the price of Dymension (DYM) is $1.675, equivalent to 0.00002518 BTC. In the past 24 hours, the price of DYM fluctuated between $1.64 and $1.82, an increase of 6.40%. The current market value is $321,940,157, equivalent to 4,839.09 BTC. The market value of DYM after full release is expected to reach $1,717,170,281, equivalent to 25,810.85 BTC.


Trading volume and circulation

In the past 24 hours, the transaction volume of DYM was $20,226,893, equivalent to 304.03 BTC. The current circulation is 192,180,132 DYM, accounting for 18.75% of the total circulation. The maximum circulation of DYM is 1,025,053,893 DYM, and the total circulation is 1,029,306,052 DYM.

Dymension (DYM) Token Economy: DYM's token economy is well designed, with a clear distribution structure, which can effectively support the development of its ecosystem. Here is the specific token distribution of DYM:


Token Distribution

Airdrop: 8%, 82,344,484 DYM

Ecosystem: 20%, 205,861,210 DYM

Incentive Program: 33%, 339,670,997 DYM

Community Pool Allocation: 5%, 51,465,303 DYM

Investors: 14%, 144,102,847 DYM

Core Developers: 20%, 205,861,210 DYM


Future Prospects of Dymension (DYM)

Dymension (DYM) has a bright future, with a reasonable token distribution that can effectively incentivize community and developer participation and promote the healthy development of the ecosystem. Here are a few key points:

Ecosystem Development:DYM's ecosystem allocation accounts for 20%, 205,861,210 DYM. This part of the tokens will be used to support projects and partners within the ecosystem and promote technological innovation and application implementation.


Incentive Plan

In order to encourage the active participation of users and developers, DYM has established an incentive plan accounting for 33%, totaling 339,670,997 DYM. This part of the tokens will be used to reward community members, developers and partners to stimulate their creativity and contribution.

Community pool allocation: DYM's community pool allocation accounts for 5%, totaling 51,465,303 DYM. This part of the tokens will be used to support community activities and projects, and enhance community cohesion and vitality.

Investor and developer support: DYM's investor allocation accounts for 14%, totaling 144,102,847 DYM, and core developer allocation accounts for 20%, totaling 205,861,210 DYM. This part of the tokens will be used to attract and support investors and developers to ensure the long-term development and technological innovation of the project.


Summary

In general, Dymension (DYM), as an emerging cryptocurrency, has good market performance and reasonable token economic design, and its future prospects are worth looking forward to. Investors and developers can pay attention to the development of its ecosystem, actively participate in it, and jointly promote the growth and progress of DYM.

Disclaimer:

1. The information does not constitute investment advice, and investors should make independent decisions and bear the risks themselves

2. The copyright of this article belongs to the original author, and it only represents the author's own views, not the views or positions of HiBT