In this bull market#DYM #BTC #热门话题 #dymension #Tia
Why did $DYM surge after being listed on Binance? Is DYM a junk coin and is it worth investing in? Let me, FHGS, reveal it to you.
DYM's success is caused by many factors, which will also bring continuous upward momentum to it in the subsequent bull market.
1. The wealth effect of $TIA
The launch of the TIA mainnet and token airdrops have rapidly popularized the concept of modularity and made it the most important and hottest topic and track at present.
The original 2u TIA surged all the way to 20u, which made many investors envious. Funds continued to pour into the modular track, and the market embraced the modular narrative.
As the leader of the settlement layer in modularization, DYM is naturally highly anticipated. Due to the market's expectation to recreate a TIA grand event, the FOMO sentiment towards DYM will last for a long time.
2. Pledge short expectations
TIA airdrop, Pyth airdrop and DYM airdrop have made the entire Cosmos ecosystem and staking become popular again.
Because DYM itself is the settlement layer, it can be expected that many Rollapps and appchains will use DYM in the future. These Dapps are likely to issue airdrops to DYM stakers.
This is also the reason why DYM achieved a 90% pledge rate shortly after its launch. If the expected income from future airdrops exceeds the token itself, then the token price will have unlimited room for imagination.
3. Modular settlement layer leader
At present, the competition for data availability DA has been fierce, and Tia/Avail (unissued currency) and ETH are all members of this track. DYM is located at the settlement layer, and there is currently no fierce competition. DYM can be said to be the absolute leader in this field. Therefore, the market value and currency price have a lot of room in this bull market. As the market leader on the track, DYM has entered the top ten to top two. Ten are possible!
If you believe in the modular future of blockchain, then TIA/DYM/ALT and the unissued Avail/Fuel (execution layer) are worthy of attention!