Today in Markets

Dymension's Chaotic Airdrop

The DYM token pumped despite a rough launch.
Jack Inabinet Jack Inabinet Feb 7, 20241 min read
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market analysis Dymension's Chaotic Airdrop

Modular settlement layer Dymension went to mainnet yesterday, distributing 70M DYM tokens worth $420M to bluechip NFT holders and participants in the Celestia, Ethereum, Solana, and Cosmos ecosystems in the process! What should you do with your free DYM?

Dymension’s launch was anything but perfect, with Chorus One’s bad validator controlling over one-third of DYM staked, preventing the chain from coming to consensus and causing chaos on Crypto Twitter during the early hours of mainnet.

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