Dymension (DYM) Price Prediction 2024, 2025, 2030: Will DYM Regain Its Initial Strength?

The Dymension rollapp creation platform came out in late January 2024. In a week or so, its native DYM coin entered the top 100 cryptos by market cap as a series of listings – perhaps most notably on Kraken

Key Takeaways

The Dymension rollapp creation platform launched in late January 2024. Within a week, its native DYM coin entered the top 100 cryptos by market cap. A series of listings – perhaps most notably on Kraken – saw it gain attention from investors. The launch of its mainnet on February 7 also helped boost its price.

After a strong start, however, the token’s price dropped and it’s now notably far from the top 100 cryptos. Can DYM regain its initial strength?

By July 11, 2024, DYM was worth about $1.38.

Dymension did not respond to a request for comment.

Let’s take a look at our Dymension price predictions, made on July 11, 2024. We will also examine the Dymension price history and talk a little about what Dymension is and what it does.

Dymension Price Prediction

Here are some of the Dymension price predictions that CCN.com made on July 11, 2024. It is crucial to bear in mind that price forecasts, particularly for a potentially volatile asset like cryptocurrency, often turn out to be inaccurate.

Dymension Price Prediction for 2024

If the positive momentum continues and DYM breaks above its moving averages, it could reach targets between $1.23 and $3.01 by the end of 2024, with the average price set at $2.91.

Dymension Price Prediction for 2025

Technical analysis suggests a potential increase for Dymension in 2025. The minimum DYM price expected for 2025 is $2.96 while the maximum one is $3.52. On the other hand, the average forecast suggests it may reach $3.32.

Dymension Price Prediction for 2030

Based on technical analysis, the DYM token may reach a maximum level of $10.36 at the beginning of the next decade, while, in the worst scenario, it may go to $9.32. Meanwhile, the average expected price is $10.31.

Dymension Price Analysis

DYM bulls are in control after finding support at $1.20. The price is currently trading at $1.423, up over 23% in the last day.

Technical analysis predicts a potential breakout to $1.98 in the near future. This bullish sentiment is fueled by high trading volumes, which suggests strong market activity.

Traders should keep an eye on support at $1.359 and resistance at $1.440 as the price attempts a breakout.

Short Term Dymension Price Prediction

The Dymension price prediction for the next 24 hours forecasts a rise of 7%, before a surge of 227% for the next month, reaching $4.70 by August 9, 2024. However, despite this bullish prediction, technical indicators suggest caution.

Current sentiment is Bearish, and the Fear & Greed Index sits at 28 (Fear), indicating investor apprehension.

While Dymension has seen positive movement in 40% of the last 30 days, the high price volatility of 22% suggests a risky market.

Dymension Fear & Greed Index

The Fear & Greed Index measures the market sentiment on a scale from 0 (Extreme Fear) to 100 (Extreme Greed). It aggregates factors such as volatility, market momentum/volume, social media activity, dominance, and trends to provide a sentiment overview. Extreme fear can suggest investors are overly worried, potentially presenting a buying opportunity, whereas extreme greed indicates excessive bullishness, often signaling an imminent market correction. On July 11, 2024, the Dymension Fear & Greed Index Measured 28, suggesting it’s in a fear zone, while the indicator for the wider crypto world is at 50, reflecting a Neutral view.

Dymension Relative Strength Index (RSI): Is DYM Oversold or Undersold?

Dymension Price Performance Comparisons

Best Days and Months to Buy Dymension

Dymension Price History

Following that, let’s now take a look at some of the key dates in the Dymension price history . While past performance should never be taken as an indicator of future results, knowing what the coin has done can help give us some very useful context when it comes to either making or interpreting a Dymension price prediction.

Dymension Market Cap

The market capitalization, or market cap, is the sum of the total number of DYM in circulation multiplied by its price. On

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