Dynamite Token (DYNMT)- A Different Kind of Deflationary Crypto.
Dynamite Token — An introduction
Dynamite Token (DYNMT) is just over a month old and aims to become the best-known deflationary currency of the crypto world. It is currently listed on DDEX, Satowallet, Fordelta and Etherdelta. Discussions are currently taking place with some of the bigger exchanges including Kucoin, after Dynamite Token came 3rd with 2081 votes in the ‘Recommend All Your Favourite Projects’ campaign.
You can find out more about Dynamite Token in this short video and by reading the official whitepaper:
The Story so Far
Dynamite Token has had an incredible journey so far, especially given that it’s only a month old. The current supply of DYNMT is sitting at 887,112.64 (compared to Bomb Token’s current supply of 961,949) and the team have already built up a 15000-strong community on Telegram, with over 11,000 followers on Twitter. This matters because Dynamite Token is a community-based project.
In fact,540,000k DYNMT (60%) will be given to the community for free so the community really is at the heart of this social experiment and they will ultimately determine the price of DYNMT, which recently hit $0.60, as you can see below.
You can find out more about what the team have delivered so far in this short video summary:
Summary
It’s still early days for deflationary cryptocurrencies and, as we all know, anything can happen in the world of crypto. Having said that, the early signs are promising and it will be interesting to see what happens over the course of the next 12 months.
I’d love to hear what you think about deflationary cryptocurrency and where they are heading. Do you have a favourite, is there a market for this type of currency, are you an early adopter?
Please feel free to share your thoughts below.
Related links:
Telegram
Website
Published at Sat, 03 Aug 2019 09:00:51 +0000
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