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😮💥Dymension (DYM) Price Increased by 50% During Mainnet Launch and Airdrop
Within two hours of its debut, the price of Dymension ( #DYM ) showed an amazing increase of 50% following the successful mainnet launch of the platform. The launch of the Dymension platform comes with a huge airdrop of DYM tokens worth $390 million.
The trading volume of the DYM token increased by 2838852.88% to $ 412 million. At the time of writing, the DYM token is trading at $ 5.04, up 26%, and has fallen significantly after touching $6.08 earlier today.
Dymension Launches Genesis Rolldrop
Dymension is an innovative platform that gives developers the ability to create their own application chains called "RollApps". They have recently launched their layer-1 blockchain solutions. Building on the Cosmos technology and the Inter-Blockchain Communication (IBC) protocol, Dimension provides seamless interoperability with a large number of other chains.Dec. Developers have the freedom to choose virtual machines and tokens tailored to the specific requirements of ROLLAPPS.
Dymension's highly anticipated "genesis rolldrop" has made waves in various blockchain communities and has attracted the participation of more than one million unique wallets. In addition to emerging networks such as Base and Blast, the initiative, which allows users in ecosystems such as Solana, Celestia and Ethereum to participate in scaling networks such as Arbitrum and Optimism, has attracted great attention.
Selected NFT communities, including famous Ethereum collections such as Pudgy Penguins, as well as Solana-based projects such as Mad Lads and Tensorians, were also among the eligible participants.Dec.
Despite the significant amount of access of the 700 million tokens allocated for the airdrop, only 528,523 wallets successfully received their share. This result highlights the importance of participation, as almost half of eligible users failed to take advantage of the opportunity, resulting in the redistribution of unsolicited tokens to other participants.
