DIMO is a platform for vehicle owners to collect, use, and monetize the data generated by their cars.
With DIMO, users can establish a secure blockchain-based identity for themselves. Their vehicles, and their trips using NFTs. DIMO gives users control over their data. When writing this article, its marketcap is $48.8 million. Let’s discover more about this low-cap gem. You can discover more crypto gems by subscribing to Altcoin Buzz Alpha.
DIMO Analysis
DIMO has only 20% supply in circulation. Here are other important indicators:
- Development: Satisfactory, Constantly pushing updates.
- User Adoption: Has over 28000 unique users.
- Liquidity: Satisfactory. Good volume in Coinbase.
- Accessibility: Listed in multiple exchanges, Available on Coinbase and Quickswap (on Polygon).
- Narrative: Infrastructure.
Happy Birthday, DIMO! 🎂
1 year ago today, DIMO Mainnet launched and began a road trip toward the world’s first decentralized, open, connected vehicle network.
In honor of the anniversary, here's some interesting stats from the data being produced by DIMO cars around the world. pic.twitter.com/GsHcc30DvJ
— DIMO 🚙⚡️📡 (@DIMO_Network) December 12, 2023
More Details About DIMO
Only 20% of tokens are in circulation and it’s a product-based business. Also, it has a high customer acquisition cost.
This is a low-cap gem, which means there are sufficient risks on the project. It is also not a long-term hold. We will use $300 and Quickswap on Polygon. Make sure you have some MATIC for fees. Use bridged USDC (USDC.e) for an optimized trading experience.
The future of automotive commerce will only be possible with a frictionless payments system. When service providers can easily and securely accept payments in $DIMO tokens, it makes the entire industry more efficient and empowers the individual driver. 🤝 pic.twitter.com/6hD2TV2Wt3
— DIMO 🚙⚡️📡 (@DIMO_Network) December 13, 2023
Our buy price – $0.25. So, we will also sell at various levels starting at 2x, 4x, etc.
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