Tag: Token

Crypto, News

DYDX Token Skyrockets Hits Over 50% As Unlock Event Comes Closers and Staking Rewards Announcement 

The native coin of the dYdX chain, DYDX/USD, has encountered an impressive surge, denoting an incredible 50% increase in value inside the past seven days.  Of course, the main reason behind this market increase are twofold. One, the expectation surrounding an impending token unlock event. Then, the new presentation of […]

Featured

Top 3 Deflationary Token Mechanisms

Token deflationary refers to a mechanism in the cryptocurrency world designed to reduce the total supply of a token over time, ultimately increasing its scarcity and potentially driving up its value. The concept has gained popularity as a way to counteract inflationary pressures in the long term and incentivize token […]