OP, YGG Feeling Sell-Side Pressure as Unlocks Loom
DYDX also has a large release of tokens scheduled but is not experiencing the same pricing pressure.
24H Price
The dYdX price is $2.29, a change of 5.13% over the past 24 hours as of 4:05 p.m. The recent price action in dYdX left the tokens market capitalization at $1.28B. So far this year, dYdX has a change of -25.80%. dYdX is classified as a DeFi under CoinDesks Digital Asset Classification Standard (DACS).
DYDX also has a large release of tokens scheduled but is not experiencing the same pricing pressure.
The Foundation wants to preserve an 18-month runway through at least mid-2026.
The latest price moves in crypto markets in context for Jan. 18, 2024.
The decentralized exchange, which last year moved over to the Cosmos blockchain, just saw $757 million of volume over a 24-hour period.
Sreeram Kannan, founder of EigenLayer, and the Eigen Foundation’s Robert Drost explain everything about the recently announced EIGEN token and how they are responding to critics who say the stakedrop favored whales. Read more...
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