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Dynex

Dynex priceDNX

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Quote currency:
USD
DNX
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USD
1 DNX = 0.5675 USD
Last updated 2024-04-21 16:43:00(UTC-0)

Dynex price live data summary

The live price of Dynex is $0.5675 per (DNX / USD) today with a current market cap of $50.02M USD. The 24-hour trading volume is $1.27M USD. DNX to USD price is updated in real time. Dynex is -0.15% in the last 24 hours. It has a circulating supply of 88,146,410 .

What is the highest price of DNX?

DNX has an all-time high (ATH) of $1.36, recorded on 2023-11-20.

What is the lowest price of DNX?

DNX has an all-time low (ATL) of $0.02620, recorded on 2022-12-25.

Dynex price prediction

Set your prediction

When is a good time to buy DNX? Should I buy or sell now?

When deciding whether to buy or sell DNX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget DNX technical analysis can provide you with a reference for trading.
According to the DNX 4h technical analysis, the trading signal is Sell.
According to the DNX 1d technical analysis, the trading signal is Strong sell.
According to the DNX 1w technical analysis, the trading signal is Sell.
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Dynex price performance in USD

24h7d30d90d1yAll-time
-0.15%+0.43%-29.63%-6.81%+194.81%--

Dynex price history in USD

TimeLowHigh
24h$0.5647$0.5909
7d$0.5062$0.6453
30d$0.4854$0.9028
90d$0.4854$1.22
1y$0.1308$1.36
All-time$0.02620(2022-12-25, 1 years ago )$1.36(2023-11-20, 154 days ago )

Dynex market information

Market cap
$50,020,638.96
-0.15%
Fully diluted market cap
$62,421,946.49
-0.15%
Volume (24h)
$1,273,401.84
-7.43%
Market rankings
Circulation rate
+100.00%
24h volume / market cap
0.0254
Circulating supply
88,146,410 DNX
Total supply / Max supply
88,146,406.75 DNX
110,000,000 DNX

Dynex ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

Dynex Social Data

In the last 24 hours, the social media sentiment score for Dynex was 5, and the social media sentiment towards Dynex price trend was Bullish. The overall Dynex social media score was 165, which ranks 691 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,611,687 times, with Dynex being mentioned with a frequency ratio of 0%, ranking 562 among all cryptocurrencies.

In the last 24 hours, there were a total of 284 unique users discussing Dynex, with a total of Dynex mentions of 50. However, compared to the previous 24-hour period, the number of unique users increase by 7%, and the total number of mentions has increase by 16%.

On Twitter, there were a total of 1 tweets mentioning Dynex in the last 24 hours. Among them, 100% are bullish on Dynex, 0% are bearish on Dynex, and 0% are neutral on Dynex.

On Reddit, there were 6 posts mentioning Dynex in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 100% . Additionally, there were 0 comments mentioning Dynex. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
5
Social score(24h)
165(#691)
Social contributors(24h)
284
+7%
Social mentions(24h)
50(#562)
+16%
Social dominance(24h)
0%
Twitter
Tweets(24h)
1
0%
Twitter sentiment(24h)
Bullish
100%
Neutral
0%
Bearish
0%
Reddit
Reddit score(24h)
58
Reddit posts(24h)
6
+100%
Reddit comments(24h)
0
0%

About Dynex(DNX)

What Is Dynex?

Dynex is a neuromorphic supercomputing platform that stands at the forefront of computational innovation. With the waning relevance of Moore's Law and the cessation of Dennard scaling, the computing sphere is on the cusp of a transformative leap, and Dynex is leading the charge. The platform's cornerstone is the neuromorphic computer—a non-von Neumann machine that draws its architectural inspiration from the intricate workings of biological and physical systems. These advanced systems, operational with current technology and scalable to meet burgeoning demands, have demonstrated capabilities that eclipse the performance of existing quantum computers in several domains.

Dynex is a next-generation neuromorphic computing paradigm, underpinned by a novel and adaptable blockchain protocol. It caters to the development and deployment of software applications and algorithms tailored to leverage neuromorphic hardware, thereby propelling computational speeds to new heights. The Dynex ecosystem facilitates a symbiotic network where hosts equipped with neuromorphic chip clusters interconnect with users and applications yearning for this hardware prowess. Within this dynamic ecosystem, computation time is commoditized and exchanged for Dynex's native token, ensuring a seamless and integrated user experience.

Resources

Whitepaper: https://github.com/dynexcoin/website/blob/main/Dynex-whitepaper.pdf

Official Website: https://dynexcoin.org/

How Does Dynex Work?

Dynex's operational framework integrates proprietary circuit designs such as the Dynex Neuromorphic Chip, which can transform any modern field programmable gate array (FPGA)-based chip into a powerhouse of neuromorphic computing. This chip is engineered to deliver computational performance that far surpasses traditional and quantum methodologies across a broad spectrum of applications. Recognizing the ubiquity of ASICs in the proof-of-work token mining domain, Dynex has identified and harnessed the untapped potential of dormant FPGA infrastructure. By repurposing these resources, Dynex creates high-performance, next-generation neuromorphic computing clusters ready to tackle the complex computational challenges of our time.

The platform's revolutionary approach to mining, known as Proof-of-Useful-Work (PoUW), redefines the mining landscape. Miners on the Dynex network are not just participants but pivotal contributors, engaging in a decentralized network famed for its remarkable speed and efficiency. This network is not merely a theoretical construct but a functional reality, delivering tangible computational services to a diverse clientele, including Global 2000 corporations, fintechs, pharmaceuticals, smart cities, genomic sequencing firms, research institutes, and governmental entities.

What Is DNX Token?

DNX is the native token of the Dynex ecosystem. It was launched in 2022 with a maximum supply of 110,000,000 tokens. As a result of the DynexSolve algorithm's unparalleled efficiency, mining DNX tokens is not only one of the most energy-conservative practices in the cryptocurrency landscape but also contributes to meaningful and beneficial computations. In essence, DNX holders and miners are vested in a business model that is designed to be sustainable and recurrent, promising long-term value and utility. The DNX token is thus not just a digital asset but a cornerstone in an ecosystem that champions the application of blockchain technology for pragmatic and valuable computational solutions.

What Determines Dynex's Price?

The price of Dynex, much like other cryptocurrencies, is governed by a confluence of factors rooted in market dynamics and the intrinsic value offered by its underlying technology. At the heart of these price determinations is the principle of supply and demand, which is influenced by trader sentiment, adoption rates, and the utility of the Dynex platform. As a neuromorphic supercomputing ecosystem, the demand for Dynex is directly tied to its performance and the real-world problems it solves, ranging from complex data analysis for Global 2000 companies to accelerating genomic sequencing. When the platform secures new partnerships or when its technology is adopted for new applications, the demand for DNX tokens can surge, potentially driving up the price.

Moreover, the innovative Proof-of-Useful-Work (PoUW) algorithm not only ensures energy-efficient mining but also perpetuates the usefulness of the mining process itself, contributing to the intrinsic value of the DNX token. In an industry that is increasingly environmentally conscious, Dynex's energy-efficient solutions can attract eco-minded investors and users, further influencing demand. Market sentiment and investor perception, often swayed by broader cryptocurrency market trends, regulatory news, and technological advancements, also play pivotal roles in shaping the price of Dynex. In the fast-evolving blockchain space, where news can instantly affect prices, Dynex's ability to stay at the forefront of neuromorphic computing innovation and its commitment to a decentralized and fair allocation of tokens may bolster investor confidence. As Dynex continues to develop and deploy cutting-edge solutions for computational challenges, its reputation as a leader in the field of neuromorphic supercomputing is likely to enhance the perceived value of DNX tokens, thereby influencing their market price.

Trade DNX perpetual futures

After having successfully signed up on Bitget and purchased USDT or DNX tokens, you can start trading derivatives, including DNX futures and margin trading to increase your income.

The current price of DNX is $0.5675, with a 24h price change of -0.15%. Traders can profit by either going long or short onDNX futures.

Join DNX copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or DNX tokens, you can also start copy trading by following elite traders.

Dynex news

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People are also inquiring about the price of Dynex.

What is the current price of Dynex?

We update our Dynex to USD price in real time. Get the live Price of Dynex on Bitget.

What is the 24 hour trading volume of Dynex?

Over the last 24 hours, the trading volume of Dynex is $1.27M.

What is the all-time high of Dynex?

The all-time high of Dynex is $1.36. This all-time high is highest price for Dynex since it was launched.

Can I buy Dynex on Bitget?

Yes, Dynex is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in Dynex?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Dynex with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying Dynex online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Dynex, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Dynex purchase. This page and any information included are not an endorsement of any particular cryptocurrency.
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