Dymension Airdrop, Potential BRC-20 Split

Jan 4, 2024

BTC is trading near $44k, recovering some of its losses after yesterday’s leverage flush sent prices down 9% from $45k to a low of $40.8k. ETH is performing in line with BTC, rising 2.3% to ~$2.3k. U.S equities are relatively flat from yesterday, with the S&P gaining 0.1% while the Nasdaq was down 0.12%. Layer-1 tokens SOL -1.35%  and AVAX show the most strength among the top 10, gaining 3.9% and 6.2%, respectively. Among the top 100, BEAM -3.13%  (+37.8%) and TIA (+29.6%) have outperformed in the last day. Merit Circle DAO’s BEAM -3.13%  has plans to create an ecosystem for gamers and developers, with the token serving as gas and governance for game developers that utilize Beam SDK to build in-game blockchain elements. The promise of a blockbuster mainstream game has eluded blockchain development teams, and many investors who are bullish on the intersection of gaming and crypto would rather bet on its growth through an ecosystem token than pick from hundreds of potential launches. Celestia’s TIA continues to reflect market optimism for modular blockchains. Airdrops from Saga and Dymension to TIA stakers are likely further catalyzing demand from buyers who hope to buy and stake TIA to be eligible for future airdrops from its long list of ecosystem partners.

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In

FS Insight footer logo

150 East 52nd St, 3rd Floor New York, NY 10022

SUBSCRIBE TO OUR FREE RESEARCH REPORTS

An institutional-grade report delivered to your inbox every week.

© 2025 FS Insight. All rights reserved.

Illustrations by Karl Wimer.