Dymension
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Dymension Price Analysis: DYM Surges 11% After Dymension Name Service Debut
Dymension price analysis shows that the asset has been on an uptrend following the news of the Dymension name service, which will improve transaction handling.
Dymension team announced the launch of Dymension Name Service (DymNS)
DymNS integrates multiple blockchains and RollApps under one name.
DYM price is expected to extend gains by 18% to hit $2.4 in the short term.
Dymension price analysis is bullish as the asset surged 11% in the last 24 hours to trade at $2.02 during European business hours on Thursday. The increase follows the announcement that Dymension Name Service (DymNS) will be launching soon on the modular network.
#DYM #dym #Dymension #BlackRock #JPMorgan $DYM $BTC $BNB
Dymension price analysis shows that the asset has been on an uptrend following the news of the Dymension name service, which will improve transaction handling.
Dymension team announced the launch of Dymension Name Service (DymNS)
DymNS integrates multiple blockchains and RollApps under one name.
DYM price is expected to extend gains by 18% to hit $2.4 in the short term.
Dymension price analysis is bullish as the asset surged 11% in the last 24 hours to trade at $2.02 during European business hours on Thursday. The increase follows the announcement that Dymension Name Service (DymNS) will be launching soon on the modular network.
#DYM #dym #Dymension #BlackRock #JPMorgan $DYM $BTC $BNB
#Dymension $DYM sees 55% surge within hours of mainnet debut
The newly launched modular blockchain token Dymension (DYM) saw a 55% spike shortly after the platform’s mainnet was initiated today.
The platform’s initial “genesis rolldrop” event has drawn considerable interest from the blockchain community, with participation from over a million unique wallets. Over 528,000 wallets received an airdrop of DYM tokens valued at approximately $390 million.
#Write2Earn #beyoglu
The newly launched modular blockchain token Dymension (DYM) saw a 55% spike shortly after the platform’s mainnet was initiated today.
The platform’s initial “genesis rolldrop” event has drawn considerable interest from the blockchain community, with participation from over a million unique wallets. Over 528,000 wallets received an airdrop of DYM tokens valued at approximately $390 million.
#Write2Earn #beyoglu
Solana, Ethereum, and Cosmos Users Can Now Participate in Dymension, the Newest Airdrop!
The layer-1 Cosmos blockchain Dymension has launched a "genesis rolldrop" of its DYM token to over one million cryptocurrency users across different projects and chains. For those who qualify, there will be an airdrop of around 70 million DYM tokens, or about 7% of the total supply.
Deploying app chains, or "RollApps," is the specialty of Dymension, a network that facilitates connections across different rollup scaling networks. The network enables developers of RollApps to publish data to external chains like Celestia or Avail, and it uses Ethereum Virtual Machine (EVM) addresses to do so. Developers can also choose which virtual machine and token to use.
Eligible users for the airdrop include individuals who have staked the TIA token in Celestia, users of the Ethereum layer-2 networks Arbitrum, Optimism, Base, and the soon-to-be-released Blast, as well as users of the Cosmos Hub, Stride, and Osmosis DEX. Also included in the airdrop's eligibility are addresses that have utilized protocols like as Wormhole, the top NFT marketplace, Tensor, and Drip.Haus, which distribute NFTs, and over half a million Solana users. Members of the Tensorians, Bad Kids, Pudgy Penguins, and Mad Lads NFT communities are eligible to receive DYM tokens as well.
As a follow-up to the genesis airdrop, Dymension has proposed the allocation of an additional 2.5 million DYM to users that bridge funds to the chain from other networks. Tokens such as USDC, TIA, USDT, ATOM, ETH, and SOL are eligible for this allocation.
The distribution of tokens to users by networks and projects is becoming increasingly common, and Dymension's airdrop is a part of this expanding trend. Recently, Jito, Celestia, and Pyth Network have all distributed airdrops that have garnered a lot of attention.
#Dymension #Airdrop
Deploying app chains, or "RollApps," is the specialty of Dymension, a network that facilitates connections across different rollup scaling networks. The network enables developers of RollApps to publish data to external chains like Celestia or Avail, and it uses Ethereum Virtual Machine (EVM) addresses to do so. Developers can also choose which virtual machine and token to use.
Eligible users for the airdrop include individuals who have staked the TIA token in Celestia, users of the Ethereum layer-2 networks Arbitrum, Optimism, Base, and the soon-to-be-released Blast, as well as users of the Cosmos Hub, Stride, and Osmosis DEX. Also included in the airdrop's eligibility are addresses that have utilized protocols like as Wormhole, the top NFT marketplace, Tensor, and Drip.Haus, which distribute NFTs, and over half a million Solana users. Members of the Tensorians, Bad Kids, Pudgy Penguins, and Mad Lads NFT communities are eligible to receive DYM tokens as well.
As a follow-up to the genesis airdrop, Dymension has proposed the allocation of an additional 2.5 million DYM to users that bridge funds to the chain from other networks. Tokens such as USDC, TIA, USDT, ATOM, ETH, and SOL are eligible for this allocation.
The distribution of tokens to users by networks and projects is becoming increasingly common, and Dymension's airdrop is a part of this expanding trend. Recently, Jito, Celestia, and Pyth Network have all distributed airdrops that have garnered a lot of attention.
#Dymension #Airdrop
#Dymension Update:
Who Participated in $DYM ICO, Now they are 162% profit.
- ICO Price: $4.7
- Current Price: $7.7 ( 62% Up )
- Backer's Round: Not Disclosed By Team.
Note: Backers Fund will be Unlocked after 421 Days ( 6 April 2025 )
Did you buy in ICO?
#ICO #DYM #Altcoin #BTCBefore2025
$BTC $SOL
Who Participated in $DYM ICO, Now they are 162% profit.
- ICO Price: $4.7
- Current Price: $7.7 ( 62% Up )
- Backer's Round: Not Disclosed By Team.
Note: Backers Fund will be Unlocked after 421 Days ( 6 April 2025 )
Did you buy in ICO?
#ICO #DYM #Altcoin #BTCBefore2025
$BTC $SOL
#Binance will list $DYM #Dymension today.
Users can start withdrawal on Wednesday 07-Feb-2024 @ 15:00 UTC.
Coin's twitter: @dymension
#BuyBitcoinLeb
Users can start withdrawal on Wednesday 07-Feb-2024 @ 15:00 UTC.
Coin's twitter: @dymension
#BuyBitcoinLeb
Dymension Price Prediction: Is DYM’s Consolidation Just the Build up to a Strong Move in the Short Term?
The #Dymension price has been in a consolidation phase between $7.2465 and $7.9770 over the past few hours. This may be an accumulation phase before a strong move to the upside. Should this bullish thesis play out, #DYM may attempt to flip the resistance level at $7.9770 into support, which may give the crypto the foundation needed to rise higher in the following 48 hours.
A break below the $7.2465 support level could invalidate this bullish thesis. In this alternative scenario, $DYM may fall to the subsequent support level at $6.3750 in the following 48 hours.
Technicals Sending Mixed Signals
Technical indicators on DYM’s 1-hour chart are currently contradicting each other. On one hand, the Moving Average Convergence Divergence (MACD) indicator signals that the Dymension price has entered a negative cycle and may continue to drop in the next 24 hours. Meanwhile, the Relative Strength Index (RSI) indicator shows that buyers are growing stronger against sellers. This may subsequently lead to DYM’s price rising in the next 24 hours.
The #Dymension price has been in a consolidation phase between $7.2465 and $7.9770 over the past few hours. This may be an accumulation phase before a strong move to the upside. Should this bullish thesis play out, #DYM may attempt to flip the resistance level at $7.9770 into support, which may give the crypto the foundation needed to rise higher in the following 48 hours.
A break below the $7.2465 support level could invalidate this bullish thesis. In this alternative scenario, $DYM may fall to the subsequent support level at $6.3750 in the following 48 hours.
Technicals Sending Mixed Signals
Technical indicators on DYM’s 1-hour chart are currently contradicting each other. On one hand, the Moving Average Convergence Divergence (MACD) indicator signals that the Dymension price has entered a negative cycle and may continue to drop in the next 24 hours. Meanwhile, the Relative Strength Index (RSI) indicator shows that buyers are growing stronger against sellers. This may subsequently lead to DYM’s price rising in the next 24 hours.
🚀 Breaking News Alert!
📢 Binance, the leading cryptocurrency exchange, has just unveiled its latest addition: Dymension (DYM) 🎉
Dymension has been making waves in the crypto sphere with its recent attention-grabbing airdrop campaign, and now, it's set to make a grand entrance on multiple exchanges simultaneously!
Binance made the exciting announcement, stating:
“Binance will list Dymension (DYM) and commence spot trading for these pairs starting from 06.02.2024 18:00 (UTC).
New Spot Trading Pairs: DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY
Traders can deposit DYM now to gear up for trading action.
Withdrawals will open on 07.02.2024 at 18:00 (UTC).
DYM will receive the Seed Project Label.
TRY is a fiat currency and doesn't represent other digital currencies.
Withdrawal times are approximate. Users can track their withdrawal status on the withdrawal page.”
🌐 Don't miss out on this opportunity to dive into DYM trading on Binance!
Secure your spot and seize the moment! 💪💰
#Dymension #DYM #TradeNTell #Write2Earn #BinanceLaunch $DYM $SOL $BTC
📢 Binance, the leading cryptocurrency exchange, has just unveiled its latest addition: Dymension (DYM) 🎉
Dymension has been making waves in the crypto sphere with its recent attention-grabbing airdrop campaign, and now, it's set to make a grand entrance on multiple exchanges simultaneously!
Binance made the exciting announcement, stating:
“Binance will list Dymension (DYM) and commence spot trading for these pairs starting from 06.02.2024 18:00 (UTC).
New Spot Trading Pairs: DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY
Traders can deposit DYM now to gear up for trading action.
Withdrawals will open on 07.02.2024 at 18:00 (UTC).
DYM will receive the Seed Project Label.
TRY is a fiat currency and doesn't represent other digital currencies.
Withdrawal times are approximate. Users can track their withdrawal status on the withdrawal page.”
🌐 Don't miss out on this opportunity to dive into DYM trading on Binance!
Secure your spot and seize the moment! 💪💰
#Dymension #DYM #TradeNTell #Write2Earn #BinanceLaunch $DYM $SOL $BTC
Dymension: Navigating the Future of Blockchain with the Internet of RollApps
In the rapidly evolving landscape of blockchain technology, #Dymension
emerges as a groundbreaking platform, redefining the concept of
scalability, security, and interoperability with its novel Internet of
RollApps. With a staggering market capitalization of $5 billion
following its launch, Dymension ($DYM ) is not just making waves; it's setting
new tides in the crypto universe.
The Genesis of Dymension
At its core, Dymension addresses the critical pain points faced by crypto applications today: the dire need for ease of use and economic sustainability. The advent of rollups brought a glimpse of hope with a straightforward business model, yet the burgeoning growth of Layer 2 solutions (L2s) introduced a new set of challenges, including fragmentation, security vulnerabilities, and a compromised user experience.
Enter #Dymension , a visionary solution that standardizes rollups through the Inter-Blockchain Communication Protocol (IBC), akin to the ERC token standardization in the Ethereum ecosystem. Dymension introduces RollApps, modular blockchains that are easy to deploy and seamlessly integrate with the Dymension Hub (Layer 1) to ensure security, liquidity, and comprehensive connectivity.
The Architecture of Innovation
Security Through IBC
Dymension leverages IBC, a battle-tested protocol enabling secure, inter-chain communication. This approach eliminates the reliance on centralized, multi-sig bridges, marking a significant advancement in the security and integrity of cross-chain transactions.
Liquidity and Economic Growth
The Dymension Hub hosts an embedded liquidity layer that not only simplifies asset pricing and swapping but also ensures efficient token routing across the ecosystem. This infrastructure fosters economic growth, streamlines user onboarding, and facilitates easy access to RollApp tokens.
Data, Scale, and Cost Efficiency
In an innovative move, RollApps publish their transaction data to external blockchains, such as Celestia, Avail, NEAR, etc., ensuring verifiability and flexibility. This model encourages a competitive data market, essential for the scalability of the Internet of RollApps.
Revolutionizing Crypto UX
Dymension is paving the way for a future where crypto transactions are as straightforward as deposit, play, and withdraw. With the Dymension RollApp Development Kit (RDK), developers can launch RollApps in mere clicks, while users enjoy a seamless experience across the crypto ecosystem.
The $5 Billion Milestone
The remarkable ascent to a $5 billion market cap post-launch is a testament to Dymension's transformative potential and market confidence. As Dymension($DYM ) continues to expand the Internet of RollApps, it stands at the forefront of the next wave of blockchain innovation, promising a future where blockchain technology is accessible, secure, and infinitely scalable.
Looking Ahead: The Future with Dymension
Dymension is not merely a platform; it's a beacon for the future of decentralized technology. As the blockchain space continues to evolve, Dymension's innovative approach to rollups, security, and user experience sets a new standard for what's possible, heralding an era of interconnected, efficient, and secure blockchain ecosystems.
Stay tuned to witness how Dymension reshapes the blockchain world, one RollApp at a time. The journey to a decentralized future has never been more exciting, and Dymension is leading the charge with unparalleled vision and technology
To Trade Dymension($DYM ) Click Here
#dymension #DYM #TrendingTopic
emerges as a groundbreaking platform, redefining the concept of
scalability, security, and interoperability with its novel Internet of
RollApps. With a staggering market capitalization of $5 billion
following its launch, Dymension ($DYM ) is not just making waves; it's setting
new tides in the crypto universe.
The Genesis of Dymension
At its core, Dymension addresses the critical pain points faced by crypto applications today: the dire need for ease of use and economic sustainability. The advent of rollups brought a glimpse of hope with a straightforward business model, yet the burgeoning growth of Layer 2 solutions (L2s) introduced a new set of challenges, including fragmentation, security vulnerabilities, and a compromised user experience.
Enter #Dymension , a visionary solution that standardizes rollups through the Inter-Blockchain Communication Protocol (IBC), akin to the ERC token standardization in the Ethereum ecosystem. Dymension introduces RollApps, modular blockchains that are easy to deploy and seamlessly integrate with the Dymension Hub (Layer 1) to ensure security, liquidity, and comprehensive connectivity.
The Architecture of Innovation
Security Through IBC
Dymension leverages IBC, a battle-tested protocol enabling secure, inter-chain communication. This approach eliminates the reliance on centralized, multi-sig bridges, marking a significant advancement in the security and integrity of cross-chain transactions.
Liquidity and Economic Growth
The Dymension Hub hosts an embedded liquidity layer that not only simplifies asset pricing and swapping but also ensures efficient token routing across the ecosystem. This infrastructure fosters economic growth, streamlines user onboarding, and facilitates easy access to RollApp tokens.
Data, Scale, and Cost Efficiency
In an innovative move, RollApps publish their transaction data to external blockchains, such as Celestia, Avail, NEAR, etc., ensuring verifiability and flexibility. This model encourages a competitive data market, essential for the scalability of the Internet of RollApps.
Revolutionizing Crypto UX
Dymension is paving the way for a future where crypto transactions are as straightforward as deposit, play, and withdraw. With the Dymension RollApp Development Kit (RDK), developers can launch RollApps in mere clicks, while users enjoy a seamless experience across the crypto ecosystem.
The $5 Billion Milestone
The remarkable ascent to a $5 billion market cap post-launch is a testament to Dymension's transformative potential and market confidence. As Dymension($DYM ) continues to expand the Internet of RollApps, it stands at the forefront of the next wave of blockchain innovation, promising a future where blockchain technology is accessible, secure, and infinitely scalable.
Looking Ahead: The Future with Dymension
Dymension is not merely a platform; it's a beacon for the future of decentralized technology. As the blockchain space continues to evolve, Dymension's innovative approach to rollups, security, and user experience sets a new standard for what's possible, heralding an era of interconnected, efficient, and secure blockchain ecosystems.
Stay tuned to witness how Dymension reshapes the blockchain world, one RollApp at a time. The journey to a decentralized future has never been more exciting, and Dymension is leading the charge with unparalleled vision and technology
To Trade Dymension($DYM ) Click Here
#dymension #DYM #TrendingTopic
🚀 Exciting Developments in $DYM !
Will We See Double Digits? 📈
In just under a week, Dymension has captivated the attention of market participants, fueling ongoing momentum. Despite a previous climb where the DYM price faltered below $8, this level now stands as a crucial resistance to overcome.
Technically speaking, conditions are ripe for a healthy upswing, provided the bears remain subdued for a spell.
Currently, bullish forces are at play, hinting at the potential for fresh highs in the days ahead. Trading within a bullish ascending triangle, the price encounters minor setbacks before reaching the apex, suggesting not a bearish retreat but rather an opportunity to gather strength before the next bullish surge.
Why the optimism for DYM? Could we see double digits this month?
Despite lingering bearish sentiment, DYM remains within an upward trend. Short-term indicators like the RSI teeter around average levels, poised for a bullish divergence.
Meanwhile, the DMI, a gauge of trend strength, offers no firm bullish signals yet. The ADX may rebound bullishly, and the +Di & -Di convergence hints at forthcoming price action.
While bears strive to breach the rising trendline, a potential rebound in the RSI could provide them temporary reprieve before encountering support.
DYM has hovered around the Potential Reversal Zone (PRZ) near $7.5, with a breakthrough above $7.8 signaling a path towards double-digit territory by month-end. 🎯💡
#Dymension #CryptoAnalysis #TradeNTell #Write2Earn
#DYM $SOL $BTC
Will We See Double Digits? 📈
In just under a week, Dymension has captivated the attention of market participants, fueling ongoing momentum. Despite a previous climb where the DYM price faltered below $8, this level now stands as a crucial resistance to overcome.
Technically speaking, conditions are ripe for a healthy upswing, provided the bears remain subdued for a spell.
Currently, bullish forces are at play, hinting at the potential for fresh highs in the days ahead. Trading within a bullish ascending triangle, the price encounters minor setbacks before reaching the apex, suggesting not a bearish retreat but rather an opportunity to gather strength before the next bullish surge.
Why the optimism for DYM? Could we see double digits this month?
Despite lingering bearish sentiment, DYM remains within an upward trend. Short-term indicators like the RSI teeter around average levels, poised for a bullish divergence.
Meanwhile, the DMI, a gauge of trend strength, offers no firm bullish signals yet. The ADX may rebound bullishly, and the +Di & -Di convergence hints at forthcoming price action.
While bears strive to breach the rising trendline, a potential rebound in the RSI could provide them temporary reprieve before encountering support.
DYM has hovered around the Potential Reversal Zone (PRZ) near $7.5, with a breakthrough above $7.8 signaling a path towards double-digit territory by month-end. 🎯💡
#Dymension #CryptoAnalysis #TradeNTell #Write2Earn
#DYM $SOL $BTC
#Dymension $DYM has been listed on major exchanges today, February 6, followed by its #Mainnet Launch
Dymension (DYM), a layer network of deployable and lightning fast modular blockchains called RollApps has been listed on #Binance , Gateio, Bybit, Kucoin, Bitget and MEXC today, on February 6.
Following the listing, the project has announced that the Dymension mainnet is now live.
Dymension (DYM), a layer network of deployable and lightning fast modular blockchains called RollApps has been listed on #Binance , Gateio, Bybit, Kucoin, Bitget and MEXC today, on February 6.
Following the listing, the project has announced that the Dymension mainnet is now live.
One of the fastest ways to dox yourself as a cryptopleb is to ask "what's the reason for the #Dymension pump today”
What’s being built on $DYM
What’s built on #DYM ?
THE CHART GOING UP INTO THE RIGHT THATS WHAT
Its path to $30+is preordained.On any given day it needs no reasons
If you dont give me 20 Likes in this post , I will not post anymore about DYM .
I want to see 10 comments : i want to know the post worth or not !!! If no one holding why will i post 😅🫠
What’s being built on $DYM
What’s built on #DYM ?
THE CHART GOING UP INTO THE RIGHT THATS WHAT
Its path to $30+is preordained.On any given day it needs no reasons
If you dont give me 20 Likes in this post , I will not post anymore about DYM .
I want to see 10 comments : i want to know the post worth or not !!! If no one holding why will i post 😅🫠
#NIM Network is launching a significant airdrop event for its blockchain dedicated to #AI gaming.
With 90 million NIM tokens up for grabs, #Dymension $DYM stakers are among the primary beneficiaries, reflecting the network's first major deployment.
The allocation reaches out to various #gaming and #NFT communities, heralding a new era for interoperable blockchain gaming experiences.
With 90 million NIM tokens up for grabs, #Dymension $DYM stakers are among the primary beneficiaries, reflecting the network's first major deployment.
The allocation reaches out to various #gaming and #NFT communities, heralding a new era for interoperable blockchain gaming experiences.
💰 Ready for Airdrop Riches?
Check Your $DYM Allocation Now!
Hey Crypto Fam! Did you catch wind of the latest airdrop buzz? 🚀 Despite a slight hiccup with their mainnet launch, DYM is now officially live and kicking!
No need to jump through hoops for this airdrop – just head to the link below and input your EVM address from Metamask to see if you're in luck. It's that easy! 💼💫
Check your final allocation here: genesis.dymension.xyz
And here's the kicker: no complicated claim process required! Simply add the Dymension network to your wallet, and if you're eligible, the tokens should magically appear. ✨
But wait, there's more! Maximize your airdrop potential by staking your DYM across different validators. With a juicy 66% APY up for grabs, it's a no-brainer. Don't wait too long though – APY rates are set to decrease as more tokens get staked. ⏳💸
Ready to dive in? Stake your DYM and secure your spot for future airdrops here: portal.dymension.xyz/dymension/staking
I'm betting big on DYM in this bullish market, and I'm not alone. With its modular blockchain design and TIA's data availability, the sky's the limit. 🚀
Hold tight – we're aiming for that $4-5 mark in the short term! 💼💰
#Dymension #AirdropAlert #DYM #TradeNTell #Write2Earn
$SOL $BTC
Check Your $DYM Allocation Now!
Hey Crypto Fam! Did you catch wind of the latest airdrop buzz? 🚀 Despite a slight hiccup with their mainnet launch, DYM is now officially live and kicking!
No need to jump through hoops for this airdrop – just head to the link below and input your EVM address from Metamask to see if you're in luck. It's that easy! 💼💫
Check your final allocation here: genesis.dymension.xyz
And here's the kicker: no complicated claim process required! Simply add the Dymension network to your wallet, and if you're eligible, the tokens should magically appear. ✨
But wait, there's more! Maximize your airdrop potential by staking your DYM across different validators. With a juicy 66% APY up for grabs, it's a no-brainer. Don't wait too long though – APY rates are set to decrease as more tokens get staked. ⏳💸
Ready to dive in? Stake your DYM and secure your spot for future airdrops here: portal.dymension.xyz/dymension/staking
I'm betting big on DYM in this bullish market, and I'm not alone. With its modular blockchain design and TIA's data availability, the sky's the limit. 🚀
Hold tight – we're aiming for that $4-5 mark in the short term! 💼💰
#Dymension #AirdropAlert #DYM #TradeNTell #Write2Earn
$SOL $BTC
$BTC #DYM
Introduction: Seize the $DYM Opportunity
🌟 The Dymension $DYM Airdrop is unfolding now, offering a unique chance to be part of a cutting-edge blockchain project. As an independent commentator, this article will guide you through the process of claiming your $DYM tokens, ensuring you make the most of this exciting opportunity. #DYMAirdrop #CryptoOpportunity
Understanding the Dymension Project
🚀 Dymension is revolutionizing the blockchain space with its innovative approach. This platform stands out for its integration of RollApps, offering enhanced functionality and scalability in the blockchain ecosystem. The $DYM token is a crucial component of this ecosystem, providing users access to the network’s full potential. #BlockchainInnovation #Dymension
Keep following for more🤑🤑$BTC $
Introduction: Seize the $DYM Opportunity
🌟 The Dymension $DYM Airdrop is unfolding now, offering a unique chance to be part of a cutting-edge blockchain project. As an independent commentator, this article will guide you through the process of claiming your $DYM tokens, ensuring you make the most of this exciting opportunity. #DYMAirdrop #CryptoOpportunity
Understanding the Dymension Project
🚀 Dymension is revolutionizing the blockchain space with its innovative approach. This platform stands out for its integration of RollApps, offering enhanced functionality and scalability in the blockchain ecosystem. The $DYM token is a crucial component of this ecosystem, providing users access to the network’s full potential. #BlockchainInnovation #Dymension
Keep following for more🤑🤑$BTC $
🔥Project #Dymension ($DYM ) as been launched in exchanges for less than 3 days, and today I am trying to share an opportunity for you to buy DYM token.
📚What Is Dymension(DYM)❗️❓
Crypto apps are in dire need of ease of use and economic sustainability. Recently, rollups have shown a simple business model that works, fees minus base layer costs equals their profit. As a result, a surge of L2s were deployed each with its own custom implementation, multi-sig bridge, and security assumptions. This led to a fragmented, unsecure, and chaotic user experience diminishing the advantages of rollups and modular blockchains.
✅Dymension(DYM) was able to break the 🔴Resistance zone($6.40-$6.08)🔴.
📈From the point of view of Classical Technical Analysis, Dymension(DYM) seems to have succeeded in forming the Ascending Triangle.
🔔I expect Dymension(DYM) will go UP to 🟡Potential Reversal Zone(PRZ)🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Dymension Analyze (DYMUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NOTE: I sheduled this post in the night and now it has already pump plz #dyor
before making any trade
#Write2Earn #beyoglu
📚What Is Dymension(DYM)❗️❓
Crypto apps are in dire need of ease of use and economic sustainability. Recently, rollups have shown a simple business model that works, fees minus base layer costs equals their profit. As a result, a surge of L2s were deployed each with its own custom implementation, multi-sig bridge, and security assumptions. This led to a fragmented, unsecure, and chaotic user experience diminishing the advantages of rollups and modular blockchains.
✅Dymension(DYM) was able to break the 🔴Resistance zone($6.40-$6.08)🔴.
📈From the point of view of Classical Technical Analysis, Dymension(DYM) seems to have succeeded in forming the Ascending Triangle.
🔔I expect Dymension(DYM) will go UP to 🟡Potential Reversal Zone(PRZ)🟡.
❗️⚠️Note⚠️❗️: An important point you should always remember is capital management and lack of greed.
Dymension Analyze (DYMUSDT), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
NOTE: I sheduled this post in the night and now it has already pump plz #dyor
before making any trade
#Write2Earn #beyoglu