Dymension (DYM), the newly launched modular blockchain, becomes the top gainer in the crypto market for the second straight day, surging over 30% again on the second day. 

Yesterday, DYM surged nearly 55% after Dymension’s mainnet went live. Its trading volume soared over 7,000% on debut day and maintained a similar level today. So far, the token has surged nearly 125%, from $3.54 to currently $7.87. 

The token quickly became the 65th largest cryptocurrency on the market, taking over popular meme coins like BONK and gaming tokens such as The Sandbox and Axie Infinity. The network quickly became popular among the developer community, as it’s poised to be the first platform to allow developers to create their own application chains using the Cosmos Interchain technology. 

What is Dymension?

Dymension is a modular blockchain ecosystem designed to secure and interconnect application chains, named rollups, through the standardized Inter-Blockchain Communication (IBC) protocol.

It aims to enhance scalability and efficiency in blockchain systems by providing a layer one blockchain

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Author: Mohammad Shahidullah

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