Dymension
DYM
$5.68

Sector

Chain

Exchange Debut

2024-02-06

Market Cap

829,657,468

Maxim Supply

Circulating Supply

146,000,000

Circ. Supply(%)

Dymension - logo

Dymension

DYM

Price

$5.68

Market Cap

Sector

Exchange Debut

829,657,468
2024-02-06

Volume 24h

High 24h

Low 24h

38581820
5.911587066002
5.536543002659

Change 24h

Change 7d

Change 30d

-3.6596
-14.5035

Maxim supply

Circulating supply

Circulating supply(%)

146,000,000

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Dymension-DYM cryptocurrency:

 

Dymension-DYM emerges as a compelling project in the bustling realm of cryptocurrency, aiming to streamline the user experience and foster economic sustainability amidst the surge of Layer 2 solutions. By addressing the critical issues of fragmentation, insecurity, and complexity, Dymension-DYM seeks to harness the simplicity and profitability of rollups for a superior crypto application environment. The project’s overall score of 6.95 out of 10 in the fundamental analysis of the Dymension-DYM cryptocurrency reflects its strengths in social media presence, product utility, and partnerships, although it faces challenges in tokenomics and team experience.

SOCIAL & MASS MEDIA: Score 8.00 out of 10

Dymension-DYM boasts a strong online presence, evidenced by its exceptional ability to attract followers and engage communities on social media. With scores of 10.00 in follower attraction and community activity, the project demonstrates a vibrant and active user base. However, the activities of social media administrators and media presence, scoring 5.00 and 6.00 respectively, indicate room for improvement in content management and broader media engagement to enhance visibility and trust.

AUDIT & SECURITY: Score 6.60 out of 10

Security and audit aspects of Dymension-DYM reveal a moderate level of confidence with a score of 6.60. The project shows decent transparency and liquidity on exchanges, scoring 7.00 and 9.00 respectively. Nonetheless, the audit results, with a score of 6.00, suggest that there is a need for further strengthening of security measures to build investor trust and ensure long-term sustainability.

TOKENOMICS: Score 4.20 out of 10

The token economy of Dymension-DYM, scoring a mere 4.20, highlights significant concerns regarding inflation and centralization. With inflation scoring at 2.00 and centralization at 3.00, it is clear that the project must address these critical issues to improve economic sustainability and investor appeal.

ECOSYSTEM DEVELOPMENT: Score 7.70 out of 10

Ecosystem development for Dymension-DYM is promising, with a score of 7.70. Achievements towards objectives and plans for new developments both scored above 7.00, indicating a forward-moving project trajectory and a commitment to continuous improvement and expansion.

TEAM & DEVELOPERS: Score 4.30 out of 10

The team behind Dymension-DYM, scoring 4.30, shows a need for enhanced experience and a larger pool of software developers. While there is a moderate foundation with a score of 5.50 for the number of developers, the overall experience level at 4.00 points to a necessity for further growth and expertise acquisition.

PRODUCT & UTILITY: Score 8.30 out of 10

Dymension-DYM shines in product utility, scoring an impressive 8.30. The utility of the product and tokens within the ecosystem, scoring 8.50 and 8.00 respectively, underscores the project’s practical value and integration into users’ crypto activities, enhancing its overall appeal and functionality.

PARTNERS & INVESTORS: Score 8.25 out of 10

With a score of 8.25, Dymension-DYM demonstrates strong support from partners and investors. Scores of 8.00 for investor capacity and 8.50 for the quality of partners reflect a robust backing that could propel the project towards achieving its long-term goals and fostering ecosystem growth.

Fundamental analysis of the Dymension-DYM cryptocurrency – The final conclusion

The fundamental analysis of the Dymension-DYM cryptocurrency reveals a project with a solid foundation in social engagement, product utility, and strategic partnerships. Despite its commendable aspects, the project faces challenges in tokenomics, team experience, and certain areas of security and media presence. For investors, Dymension-DYM presents a nuanced investment opportunity, with its strengths offering potential growth, while its weaknesses highlight areas of risk. Addressing these concerns, particularly around token economy and team development, could significantly enhance its market position. As the crypto landscape continues to evolve, Dymension-DYM’s focus on improving these aspects will be crucial for its success and sustainability.

What is Dymension-DYM?

Crypto apps face issues with ease of use and staying financially sound. Rollups offered a simple model, where profits come from fees minus base layer costs. Yet, the growth of Layer 2 solutions (L2s) introduced various custom setups. Each had its own bridge and security rules. As a result, users found themselves navigating a fragmented and insecure landscape. This chaos weakened the advantages of rollups and modular blockchains, showing a clear need for improvement.

Towards a Unified Solution

In this context, the fundamental analysis of the Dymension-DYM cryptocurrency is key. This analysis reveals Dymension-DYM’s efforts to make crypto more straightforward. It aims to reduce the ecosystem’s fragmentation and boost security. By focusing on easier interfaces and lasting economic models, Dymension-DYM could lead the way. It shows promise in making crypto more accessible and secure.

By striving for a simpler and safer system, Dymension-DYM offers hope. It targets the issues of complexity and insecurity head-on. Also, it looks to make using crypto a better experience for everyone. In doing so, it could play a big part in getting more people to use blockchain technology.

Fundamental analysis of the Dymension-DYM cryptocurrency

Dymension DYM performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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