The past week has witnessed a downward trend for DYDX, with a decline exceeding 10%, and recent whale activity has contributed to this negative sentiment, especially following the token unlock event today. A substantial amount of 150 million $DYDX ($505.5 million), constituting 81.63% of the circulating supply, was unlocked just […]
Tag: unlock
DYDX Token Skyrockets Hits Over 50% As Unlock Event Comes Closers and Staking Rewards AnnouncementÂ
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 […]