Market overall
Excellent news for $Link marines yesterday with NOAA weather data and crop insurance applications brought into the blockchain ecosystem.
ETH Changes went into effect and the burn is real, at time of writing ~6ETH/Min and 9736 ETH burned in only a few days as the network sorts itself out and making more gains then BTC
BTC Has regained bullish momentum. It has broken the downward trend line that has held true since April and is currently challenging the 200D ma. I expect resistance here so I think we will go sideways for a while before breaking it. Bears are still in disbelief.
I'm not gonna lie to you guys $DYN data the last couple weeks has been dismal at best. However a glimmer of hope is that the April down turn in BTC also corresponds to the decline in DYN price volume and other metrics. So it is possible DYN could regain some momentum here with BTC climbing again and breaking that trend, and the timing could be just right for the $WDYN release shortly. Please sir, let it be so.
Value metrics
Market Cap: $6,982,323 (-$895,308)
Price USD: $0.45 (-$0.058 / -11%)
Price BTC: ₿0.00001040 (-189 sats / -15%)
Weekly Volume: $414 (+108) **Please note that CMC and Coingecko are not recording Whitebit or Citex volume for DYN so this number is meaningless
Supply Metrics
Dynodes online: 4906 (+15) that’s 4,906,000 coins locked away off the market 31.62% of supply. Note- 1427 (-9) additional inactive 9.20% of supply.
Total supply locked (includes Company assets): 55.64%
Average block time: 2min 43s (+32s)
Average reward Frequency for Dynodes: 9d 6h 9m (~ + 1d 11h 41min)
Dynode ROI: 4.87% / 7495 days
Average Difficulty: ~2.255 (-0.873)
Average Hashrate: 28.52MH (-11.166MH)
There was a significant drop off in hashrate/difficulty this week. Anomp mining lost 80% of Hashrate while Zerg and zpool seemed to pick up a little as dyn was slightly more profitable for profit switching with the hash rate drop.
Development metrics
!!!! Version 2.5 is released !!! make sure you update before Sept 22nd. You can find it here Github
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: 366 (+365)
Weekly average: 1361
Community Engagement
Discord Users: 1254
Telegram users: 1095
Twitter followers Duality+Duality Health: 14779
Rough estimate of the Chinese community on WeChat ~10K and QQ 4900 as of last update from community member Xoleo
Total Change all platforms: -82
Exchange Order Books
There are 75089 (-1334) DYN available on open market. Buy support of ₿0.444 (-₿0.0567).
Top $DYN Stories / Duality News
!!!! Version 2.5 is released !!!
Team is planning on attending HIMSS21 conference in Las Vegas this month and continues to share snippets of new introduction meetings, new interest from industry, and new potential investors.
Wrapped DYN will be debuted soon 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
