Leading crypto exchanges, together with Binance, have introduced the itemizing of the airdrop token – Dymension (DYM) on February 6.
This growth introduces new buying and selling alternatives for Binance customers with the inclusion of DYM/BTC, DYM/USDT, DYM/FDUSD, and DYM/TRY spot buying and selling pairs. Starting at 17:00 UTC Tuesday, customers can deposit DYM for upcoming buying and selling actions. Withdrawal choices might be accessible beginning at 15:00 UTC Wednesday.
Major Crypto Exchanges List New Airdrop Token
Dymension, a newcomer in crypto, gained consideration for its modern strategy, utilizing the Inter-Blockchain Communication customary to safe and interconnect rollups. This modular blockchain raised $6.7 million in a personal token spherical. It garnered assist from notable backers like Big Brain Holdings, Stratos Technologies, and MatchboxDAO, exhibiting institutional confidence in its potential.
However, with nice potential comes heightened threat and volatility. Hence, Binance has utilized the Seed Tag to DYM, demanding thorough analysis and threat administration from traders.
“The Seed Tag represents innovative project that may exhibit higher volatility and risks compared to other listed tokens. The Seed Tag will be applied to DYM,” Binance stated.
Other outstanding exchanges like KuCoin, ByBit, MEXC, Bitget, and Gate.io will even checklist DYM, additional broadening its market presence. While the DYM IOU is at present buying and selling at $4, indicative of high-interest ranges, it’s essential to notice that this value might not mirror the token’s worth upon official buying and selling graduation.
Read extra: Earning Passive Income with Forks and Airdrops in 2024
The project’s strategic airdrop distributed 7% of its complete provide to varied stakeholders inside the crypto group. It includes stakers of Celestia (TIA), Cosmos (ATOM), Osmosis (OSMO), and customers of L2 and Solana networks, in addition to holders of choose NFT collections.
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