Dymension Airdrop Guide 2024: Eligibility And Criteria

Dymension Airdrop has gained immense popularity in the realm of cryptocurrency in the last 2 to 3 days. The reason behind its popularity is its $360 million token distribution through airdrop. Besides this free token airdrop, the DYM token price is also continuously increasing as in the last 7 days its price is surged by over 75%.

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So in this article we will get to know more about Dymension token airdrop, Dymension Airdrop Eligibility, how to claim DYM token airdrop, how to buy DYM token, and many more things. So, read till the end for a better understanding of the DYM airdrop.

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Dymension Airdrop Details

The few details of Dymension that attract crypto enthusiasts such as Solana, Ethereum, Cosmos, and others are as follows:

Overall 70 million of Dymension’s DYM tokens are going to distribute in this rapidly evolving cryptocurrency landscape.
Only 7% of Dymension’s total supply is in this airdrop.
$390 million worth of ZYM tokens are going for distribution.
DYM token airdrop is started on February 6, 2023.
More than 500,000 Solana users are eligible for this DYM token airdrop.

Dymension Airdrop Eligibility

This free DYM token through airdrop is spreading like wildfire and everyone is looking for the DYM, so if you lie in these categories or are a holder of these tokens then you are eligible for Dymension DYM airdrop.

Solana, Ethereum, and Cosmos holders are eligible for the DYM token airdrop.
If someone staked their TIA tokens in Celestia before December 19, 2023, they are also eligible.
Besides crypto enthusiasts someone who is already or currently using protocols like cross-chain bridge, NFT marketplace Tensor, and NFT distribution platform Drip is also eligible for Dymention Airdrop.

These are a few eligibility criteria to get a free DYM token from Dymension.

How to Claim Dymension Airdrop in 2024?

There are 2 simple ways to claim Dymension DYM airdrop.

First: Eligible crypto users

If you are eligible then by following these simple steps you can easily claim your Dymension Airdrop:

Step 1: Go to your hot wallet like Meta Mask or Trust wallet

Step 2: once you open your wallet, click on the “you address icon” Following this, select the crypto like Solana, Ethereum, and Cosmos. Now copy the wallet address.

How to Claim Dymension Airdrop in 2024? — Source: trustwallet

Step 3: After copying the wallet address, open the official website of Dymension and paste your wallet address, if you are truly eligible for the DYM token you will see a claim now open.

Step 4: Click on the claim now

Second: If you are not eligible This is how you can claim

By following these 4 simple steps you can claim free DYM airdrop

Step 1: Buy some DYM tokens from any cryptocurrency exchange.

Step 2: Once step 1 is completed, make sure to add the Dymension Network to the soft wallet through Chainlist.

Step 3: Now transfer the DYM token to your Meta mask wallet.

Step 4: After this go to the staking page of Dymention, and stake your Dymension.

Step 5: Once you stake your DYM token it will take 21 days unstake.

This is how you can be eligible if you are not eligible for this time

What is Dymension (DYM) Crypto Project?

Dymension is a layer-1 blockchain and it is built on the Cosmos. With the help of Inter-blockchain communication protocol (IBC), it enables the connection with the various rollup scaling networks. However, this IBC protocol helps to set the platform for improved interoperability within the Dymension ecosystem.

If we look at the simpler term, Dymension allows the developer to deploy their app chain which we call RollApps. However, its inter-blockchain communication protocol (IBC) sets a platform to connect it with various other chains. Developers and deployers as per their requirements or certain criteria can choose virtual machines and tokens on their RollApps.

How to buy DYM Coin?

Following the Dymension airdrop, it is observed that the price of the DYM token is also increasing continuously. Currently, the DYM token is available on major cryptocurrency exchanges like Binance, KuCoin, Kraken, CoinDCX, Coinbase, and many others.

So, if you are interested in buying a DYM token to gain profit or to gain a future benefit of Dymension airdrop you can follow these simple steps to buy a DYM coin.

Step 1: Create an Account on Cryptocurrency Exchange

As DYM is available on many cryptocurrency exchanges, according to your requirement select an exchange and then create an account. During, the signup or account opening process a few documents you need to have like an Adhaar card, PAN card, or any other government official document as per requirement.

Step 2: Complete Your KYC

Once your account is open, make sure to complete your KYC. Because, until you complete your KYC, you won’t be able to buy any tokens.

Step 3: Link Payment Mode

After completion of KYC make sure to link your debit or credit card to your exchange, so that you can easily add money to buy DYM coins.

Step 4: Search for DYM Coin

Once you link your debit credit card, to buy a DYM token you need to search DYM token on the search bar. As per your need choose the pair such DYM/INR, DYM/USDT, DYM/USDC, and more.

Step 5: Make a Payment and Complete the purchase

Once you select the DYM pair as per your need, select the quantity you want to buy and then make payment.

Step 6: Confirm the Purchase

After completion of DYM token payment, confirm the purchase by lookt at your wallet.

These are the simple step by following you can easily buy DYM tokens.

Dymension DYM Coin Price Prediction

Currently, the overall cryptocurrency industry experiencing a bullish momentum, amid this the price of the DYM token is experiencing a bearish momentum. Currently, the DYM token is trading near $7.07, and in the last 24 hours, it experienced over 9% of downside momentum. If we look at the DYM token over a longer period in the last 7 days, the price of DYM is significantly surged by over 75% whereas in the last 30 days, DYM experienced over 52%.

However, as it is recently listed and because of less data it is very challenging to make a price prediction of DYM token. Although, the DYM token in a 4-hour time frame looks bullish as it is forming a morning star candle at the support level.

Dymension DYM price prediction

If the Dymension DYM token gives a closing below $7.12 in the coming day we’ll see the price of DYM to $5.8. And if the price of the DYM token gives a closing above $7.9 then in the coming days we may see a price of $10.

This prediction is less and it looks inappropriate just because of lack of data.

Conclusion

Dymension airdrop is one of the most popular airdrops which is currently ongoing, and crypto enthusiasts are continuously looking for how to claim and how to be eligible. So, here is the solution to your all questions. Like follows:

Overall 70 million of Dymension’s DYM tokens are going to distribute.
500,000 Solana users or more are eligible for the DYM token
Solana, Ethereum, and Cosmos holders are eligible and for more read the full article.

Frequently Asked Questions (FAQs)

Is it worth investing in a DYM token?

Dymension token is recently listed and there are better options to invest in besides this DYM token. If you really want to invest in a DYM token, you can invest in a less amount.