Dymension Gains 58% in First Day, But Questions Loom About Big Brain Staking
DYM saw massive gains in its first day after $390 million worth of tokens were airdropped yesterday. But now questions swirl about a validator.
A day after Dymension, a Cosmos-based RollApp platform, airdropped 700 million tokens to users, DYM is trading for $5.60âaround 58% higher than it was yesterday.
It now also has a staggering $5.6 billion fully diluted valuation, according to CoinGecko data. Keep in mind that fully diluted valuation pretends that a coin's fully supply is circulating in the market, even if that isn't the case.
The overwhelming majority of trading has occurred on Binance. Altogether, DYM has seen $511 million worth of trading volume in its first day, according to CoinGecko.
$DYM
