DIMO (DIMO)

DIMO (DIMO) Price

Rank 1149

$0.019018
-$0.000745(-3.77%)

Market Cap

$8.39M

24h High

$0.020349

24h Low

$0.018916

24h Turnover

$8.27K

Total Supply

1.00B

Market Sentiment

Neutral

DIMO (DIMO) Price Performance

View DIMO (DIMO) Price Prediction

DIMO (DIMO) has a Last Price of $0.019018, with a 24h change of -3.77%. The 24h low is $0.018916, the 24h high is $0.020349, and the 24h turnover is $8.27K. The current market cap is approximately $8.39M, ranking 1149 by market cap and accounting for 0.00036% of the total crypto market cap. The All-Time High is $2.000000 (⁦2024-02-01⁩), with a change from the All-Time High of -99.05%.

  • 7 Days

    -15.42%

    Low
    $0.017451
    High
    $0.023521
  • 30 Days

    +115.80%

    Low
    $0.008812
    High
    $0.057900
  • 90 Days

    +205.56%

    Low
    $0.005810
    High
    $0.057900
  • 1 Year

    -52.93%

    Low
    $0.005748
    High
    $0.057900

Fear & Greed Index

0 Extreme Fear100 Extreme Greed
Yesterday
63
Greed
Last Week
53
Normal
Last Month
78
Greed

The Fear & Greed Index is currently 68/100, in the Greed zone; change from yesterday: +5, from last week: +15, and from last month: -10. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did DIMO (DIMO) Fall in the Last 24 Hours?

DIMO’s price movement occurred amid low trading activity: hourly volume during the report period was 9,515 tokens, worth about $190, so relatively small trades could contribute to noticeable fluctuations. The top-five-level bid-to-ask depth ratio was 2.57, but the 2,000-token bid wall was worth only about $40, limiting its potential support; the largest ask, well above the prevailing price, was not immediate pressure. Technical signals were mixed, with short-term stabilization alongside daily-chart pressure: the one-hour moving average was bullish, while the daily moving average was bearish and ADX was 49.65. RSI was neutral and MACD had no signal across the reported timeframes. These factors describe market conditions but do not confirm the cause of the price move.

About DIMO (DIMO)

The trillion-dollar automotive industry is grappling with the issue of compartmentalized or completely absent databases, where end-users have limited control over their underutilized data assets. These inefficiencies drain considerable value from transactions, and there is a glaring absence of open platforms that can address these issues effectively. DIMO emerges as a revolutionary platform aiming to do for the realm of mobility what cryptocurrency has successfully achieved in the financial sector: liberate data and establish a global platform accessible to developers, with an initial focus on automotive applications. DIMO gives users the ability to create a digital twin of their car on the blockchain (an NFT), stream verified data using the DIMO Miner (which contains its own EVM wallet), access applications (e.g., defi auto loans, p2p car sharing, web3 uber, pay-per-mile insurance), and earn the $DIMO token.

Use Cases and Features

DIMO is used for vehicle data and on-demand mobility services: vehicle owners can grant or revoke data access, while developers can build applications using vehicle identity and real-time telemetry after receiving permission. The DIMO token was previously used for governance voting; network materials also state that users can receive DIMO token rewards when sharing vehicle data with service providers. Token prices may fluctuate, and holding tokens does not represent ownership rights in vehicles or related services.

Supply and Issuance Mechanism

DIMO is the utility and governance token of the DIMO network. Historical governance materials state that DIMO Credit (DCX) can be created by burning DIMO; this shows that they are not the same token.

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Frequently Asked Questions About DIMO (DIMO)

What is DIMO?

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How do owners control access to vehicle data?

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How can developers use vehicle data through DIMO?

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What service scenarios can the DIMO network support?

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What is the difference between DIMO and DIMO Credit (DCX)?

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Will sharing vehicle data always earn DIMO?

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How can DIMO tokens participate in governance?

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Risk Disclosure

Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results. Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.

Disclaimer

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