If you missed the ApeCoin market, don't miss the upcoming DYDX Pump platform. $DYDX has risen by 30% in the past 24 hours. Following ApeCoin, DYDX is also about to exit the Pump platform. Here are the details:
1. **Founder Return**: On October 10, 2024, Antonio Juliano, the founder of dYdX, returned to the CEO position to meet market challenges and drive the company's development on Binance.
2. **DYDX Chain and its upgrades**: DYDX is developing its own blockchain, dYdX Chain, with the goal of providing users with a more efficient trading experience. It is expected that this fall, dYdX Chain will launch a major upgrade called "dYdX Unlimited", which includes:
- **Unlicensed Market Listing**: Allows users to create and trade new markets without permission.
- **MegaVault**: A liquidity pool designed to provide market making services for all dYdX Chain markets.
- **Reward Program**: Users can get DYDX token rewards by trading and participating in platform activities.
- **Affiliate Program**: Encourage users to participate in the development of the platform through referrals and other means.
3. **New Prediction Market Feature**: dYdX recently launched a prediction market feature that allows users to predict future market trends or event outcomes and receive rewards based on the prediction results. Users can bet up to 20x leverage on binary event outcomes. This new feature may attract more users to participate in platform transactions, thereby increasing the demand for tokens.
In summary, these new developments in DYDX may provide investors with new investment opportunities, so for investors interested in DYDX, now is a good time to pay attention to its dynamics.