TLDR - Volume and Social activity up, price sideways to up, coins available for sale at near ATL! Supply squeeze?
Value metrics
Note that there is quite the spread between different exchanges at the moment. Data below reflects coin gecko information which team and I are continuing to try and get them to update.
Market Cap: $5,877,060 (-$636,526)
Price USD: $0.369 (-$0.0402/ -10%) (0.487 on Citex and 0.614 on Whitebit)
Price BTC: ₿0.00000600 (-63 sats / -10%)
Weekly Volume: $1660 (+524) **Please note that CMC and Coingecko are not recording Whitebit or Citex volume for DYN so this number is meaningless
Supply Metrics
Dynode and mining rewards have been readjusted to maintain the inflation rate that was in place prior to the DAA/block time shift.
Dynodes online: 4128 (-31) that’s 25.92% of supply. Note- 2262 (+17) additional inactive 14.2% of supply. That's (-14) nodes overall
Total supply locked (includes Company assets): 54.56%
Average block time: 1min 19s (+2s)
Average reward Frequency for Dynodes: 3d 19h 38m (~ +2h 07min)
Dynode ROI: 6.92% / 5275 days
Average Difficulty: ~0.6144 (-.377)
Average Hashrate: 22.9MH (-10.61MH)
Development metrics
Version 2.6 (Waiting on roadmap update) - Will implement Deterministic masternodes
Version 3.0 (no date) - Will implement Masternode POS (like Crown) and POW Mining will end.
Commits this week: 1 (+0)
Weekly average: 1107
Community Engagement
Discord Users: 1377
Telegram users: 992
Twitter followers Duality+Duality Health: 14095
Rough estimate of the Chinese community on WeChat ~10K and QQ 4836 as of last update from community member Xoleo
Total Change all platforms: -48
Exchange Order Books
There are 45,694 (-6173) DYN available on open market. Buy support of ₿0.4575 (+₿0.1436). **Note Stex no longer displays total orderbook size so this is missing information
This is nearing an all time low amount of DYN available on open market since I have been tracking data (1yr+). People are not letting their coins go at these low prices. I think we have a supply squeeze incoming or already here supply has caught up to demand. Buy support has held flat and is rising. A single buyer wanting 2nodes/2000DYN would raise the price to $0.81 on Whitebit, clear out the entire order book on Citex, or clear 2000 sats on stex.
Although the introduction of WDYN may have an impact here as liquidity pool grows.
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Top $DYN Stories / Duality News
We had alot of Twitter activity this week from the team and the community. Love to see it. Keep it up.
Make sure you are sharing/retweeting and promoting what the team puts out.
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
