BREAKING
400d 4h ago

Binance to Support Dymension (DYM) Network Upgrade: Temporary Suspension of Deposits and Withdrawals Announced

DYM

DYM/USDT

$0.0416
-3.26%
24h Volume

$1,155,438.70

24h H/L

$0.0435 / $0.0415

Change: $0.002000 (4.82%)

Funding Rate

-0.0306%

Shorts pay

Data provided by COINOTAG DATALive data
DYM
DYM
Daily

$0.0416

-3.03%

Volume (24h): -

Resistance Levels
Resistance 3$0.0513
Resistance 2$0.0465
Resistance 1$0.0426
Price$0.0416
Support 1$0.0411
Support 2$0.0359
Support 3-$0.02
Pivot (PP):$0.042033
Trend:Downtrend
RSI (14):30.2

According to reports from COINOTAG, Binance has announced its upcoming support for the Dymension (DYM) network upgrade scheduled for January 6, 2025. As part of this process, Binance will temporarily halt both deposits and withdrawals of Dymension tokens starting at 8:00 PM Beijing time. This strategic move aims to facilitate a seamless upgrade and enhance the overall user experience on the platform.

The anticipated network upgrade will be initiated at a block height of 5,135,550, which is expected to occur around 9:00 PM on the same day. Such upgrades are crucial for maintaining the performance and security of decentralized networks, as they often introduce essential enhancements and optimizations.

Traders and investors holding DYM tokens are advised to plan accordingly, ensuring that they manage their transactions prior to the temporary suspension. Maintaining awareness of such events is key in navigating the dynamic landscape of cryptocurrency trading.

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