Since its mainnet launch earlier this week, the new altcoin has surged more than 96% in the past three days.
Dymension (DYM) is a layer 1 blockchain that aims to serve as a network for “RollApps,” which the project defines as fast, modular chains that operate on gaming, decentralized finance (DeFi) protocols, and non-fungible tokens (NFTs). .
Speaking of projects,
“Dymension was conceptualized two years ago as a monumental vision to add another dimension (Y-axis) to interchain by building a modular internet of rollups. Today, a new chapter in blockchain begins with the first block and the birth of Dymension…
Dymension’s vision for the RollApps Internet takes cryptocurrency back to its roots by exponentially accelerating interchain for everyone, from individual developers in the garage to established teams. “We enable anyone to build their own chain and connect to the cryptocurrency economy.”
project Released It will be the first block and native token on Tuesday morning. The DYM token has already become the 65th largest cryptocurrency asset by market capitalization, trading at $7.75 at the time of this writing, up from $3.95 at launch.
Binance launched trading support for DYM immediately on Tuesday. Top global cryptocurrency exchanges attach seed tags to their assets, which are often applied to low-liquid projects that may exhibit higher volatility compared to other listed tokens.
Binance requires users who own assets with seed tags to pass a quiz every 90 days to ensure they are aware of the risks before trading the tokens.
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