Altcoins
New Altcoin Modular Blockchain Surges Over 96% Just Two Days After Mainnet Launch
A brand new altcoin has surged over 96% in the past three days after going live on its mainnet earlier this week.
Dymension (DYM) is a layer 1 blockchain that aims to serve as a network for “RollApps”, which the project defines as well as fast modular chains that work for gaming, decentralized finance (DeFi) protocols, and non-fungible tokens (NFTs).
Said the project,
“Dymension was conceptualized two years ago as a monumental vision to add another dimension (Y axis) to the Interchain by building a modular internet of rollups. Today, with the first block and the birth of Dymension, a new chapter in blockchains opens…
Dymension’s vision of the Internet of RollApps exponentially accelerates Interchain for everyone, from solo developers in garages to established teams, bringing crypto back to its roots. Empowering everyone to build and connect their own chain to the crypto economy.
The project spear its first block and its native token Tuesday morning. The token, DYM, has already become It is the 65th largest crypto asset by market capitalization and is trading at $7.75 at the time of writing, up from $3.95 at launch.
Binance immediately deployed sales support for DYM Tuesday. The leading global cryptocurrency exchange has attached a seed tag to the asset, which often applies to low liquidity projects that may exhibit higher volatility than other listed tokens.
Binance requires users who own assets with seed tags to take quizzes every 90 days to ensure they are aware of the risks before trading the tokens.
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