Market overall
I didn't quite get the $5K or $10 daily candle I wanted, but beggars cant be choosers so I'll take it. Seems like the GBTC unlock had very little affect on the market, instead earlier this week BTC dipped with the stock market and rebounded harder which we have seen many times. Today it looks like we are challenging the 50D MA, and if support holds we should continue up to try and reclaim the 200D MA which sits around 45K where I would expect significant resistance and maybe a couple weeks of ranging.
Value metrics
Market Cap: $ 8,404,580 (+$1,868,262)
Price USD: $0.542 (+$0.12 / +29%)
Price BTC: ₿0.00001600 (+259 sats / +19%)
Weekly Volume: $3992 (-$9030)
Supply Metrics
Dynodes online: 4979 (-8) that’s 4,979,000 coins locked away off the market 32.13% of supply. Note- 1328 (+30) additional inactive 8.57% of supply.
Total supply locked (includes Company assets): 55.54%
Average block time: 2min 14s (+1s)
Average reward Frequency for Dynodes: 7d 17h 50m (~ + 0h 51min)
Dynode ROI: 5.83% / 6261 days
Difficulty: ~3.19 (-0.436)
Average Hashrate: 43.529MH (-4.179MH)
Development metrics
Version 2.5 will be released Aug 5th. You can read about it here
Version 2.6 (no date) - Will implement Deterministic masternodes
Version 3.0 (no date) - Will implement Masternode POS (like Crown) and POW Mining will end.
Commits this week: 354 (+354)
Weekly average: 1425
Community Engagement
Discord Users: 1343
Telegram users: 1112
Twitter followers Duality+Duality Health: 14948
Rough estimate of the Chinese community on WeChat ~10K and QQ 4900 as of last update from community member Xoleo
Total Change all platforms: -62
Exchange Order Books
There are 94,291 (+10,055) DYN available on open market. Buy support of ₿0.7622 (+₿0.2171).
Top $DYN Stories / Duality News
We finally have a date for 2.5 after it was delayed to resolve some forking issues. Read about 2.5 release here
Team is planning on attending HIMSS21 conference in Las Vegas next month and continues to share snippets of new introduction meetings, new interest from industry, and new potential investors.
Wrapped DYN will be debuted in the next few weeks including the ability to swap back and forth on Duality's website.
Useful Links/Sources
https://duality.solutions/dynamic#intro
https://www.coingecko.com/en/coins/dynamic
https://masternodes.online/currencies/DYN/
https://app.stex.com/en/full-glass/BTC/DYN
https://trade.citex.me/trade/DYN_BTC
https://whitebit.com/trade/DYN_USDT
https://miningpoolstats.stream/dynamic
https://dynexplorer.duality.solutions/
Join the Dynamic Discord, tip, Clap, and Follow me on Twitter
https://twitter.com/RaistilinCrypto
Not Financial advice, do your own research. I am not affiliated with Duality Solutions or Duality Health. This is an unsolicited article. I am a holder of $DYN $SEQ