Dynamic (DYN) Analysis

Market Cap

$1,107,785 USD

Volume (24h)

$22,976 USD

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3.8

SAFETY

Ranking factors:

Markets

How many exchanges are there to trade this coin?

Dynamic Markets Rank: 1/100
Volume Ratio

How actively is this asset being traded on the market?

Dynamic Volume Ratio Rank: 2/100
Market Cap

The total cost of all coins available.

Dynamic Market Cap Rank: 76/100
24h Change

Is the price moving up or down?

Dynamic 24h Change Rank: 52/100
Social Following

How many users are following this coin?

Dynamic Social Following Rank: 56/100
Google Trends

How many users are searching for the coin?

Dynamic Google Trends Rank: 24/100
Twitter Citation

How many users are talking about this coin in Twitter?

Dynamic Twitter Citation Rank: 50/100
User Voting

How popular is this coin among Cointobuy community?

Dynamic User Voting Rank: 84/100

Dynamic investment analysis

Dynamic investment is one of Duality solution’s blockchain product that is meant to be a more stable, transferable token-utility with value. This project has a propensity to provide a niche of its node operators a relative wealth capitalization as the mother host, Duality Solution aims at providing blockchain as a service (BaaS) to a world adapting into the decentralized age.

This Duality company has been in existence since 2014, however, they only got to reach blockchain shores in full around 2017; taking them an approximate 3 years to develop their product. this shows how much time went in for preparation before the final product emerged.

The dynode is core to the mining of the DYN currency and has quite the number of operators around the decentralized world. It’s apparent that it is becoming a more stable and accommodating project, although, there’s still much room for development for a larger mass adoption to take place.

$0.073731

+44.9%

$0.106828

216/2548

by Safety

1772/2548

by Profit

How to buy Dynamic?

To buy Dynamic coin can be quite challenging as it is only listed on 2 exchanges and having just one trade pair on both exchanges. This becomes a problem as traders or investors would have to register on any of these two specific exchanges and must have BTC. Most people would find that limiting. More so, 24-hour trading volumes over the past months are lower compared to a few months back, but still sufficient to make a purchase.

All you need to buy DYN is a wallet which can be downloaded from their website and some liquid BTC, which is to be sent to the exchange where the asset is being traded. Once you have made the purchase, you can send it out of the exchange wallet to store it on your own wallet. As at the time of writing, only 64bit operating systems are supported and a couple of hardware compliant modules.

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The company is one with an existing history before they came into blockchain and that shows that they are not just some start-up enterprise trying to use blockchain to make money, however, not much of their historic events is presented. But clearly, they have been able to spend enough time preparing for this product and have the edge of experience, research and sufficient time to build their network.

Talking about a crypto project that has several months in the market already (formative and trading), gives a better understanding of how the asset is faring.

Traders can look up the history of its price dynamics and determine how best they can maximize their margin trading. On the subject of margin trading, the asset had made a whopping 3,195.20% trading profit potential in just over a year of its being listed on exchanges. This data is obtained by measuring the ratio of its all-time high to that of its all-time low.

While margin trading is usually conducted over a very short period of time, it is important to know that the asset gained so much growth in price value and possibly in adoption. It is currently trading at an average 200% over its listing price.

The Dynamic analysis shows that the infrastructure is based on a Proof-of-Work (PoW) algorithm and specifically uses Argon2d algorithm. The platform alongside its operation touts itself as a secure and efficient protocol. There’s a balance to the assets value operations that is obtained by leveraging on the other Duality’s blockchain solution, Sequence (SEQ) through a buyback mechanism.

The DYN coin seems to have an active support community and keeps the development of the project in a forward direction. The community also has a collaborative function that forms a decentralized marketplace where privacy and safety-centric users thrive. As a payment token, they intend to create a usable day-to-day utility for the regular user.

While it is indeed a clear observation that the blockchain market is expanding and giving rise to a number of solutions, there’s an apparent need for more stable, safe and economically profitable blockchain products.

To invest in DYN can be considered one of such because they want to provide an enterprise-ready solution to a wide array of coin mining operations. Individuals are also able to mine this coins and earn the inventive that are attached to the support of the network.

With a good economic system, having their reward rate set at 14.5% per annum and an adjustable buffer as they continue mining operations and there's an increase in the amount of the coins in circulation.

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