Bitcoin 
$103,128.64 The price lost 102 thousand dollars again and the overall negative atmosphere in cryptocurrencies continues. DYDX Recently, it has been taking various steps to achieve positive differentiation. The latest good news was given with the announcement made on the official account. In the long run, today’s buyback news may support the price of the altcoin.
DYDX Buyback
As a result of the vote by the community, a larger portion of the protocol revenues will now be used in buybacks. 25% of the revenues were allocated to token buybacks on open markets. After the acceptance of the final proposal, 75% of the revenues will be spent on this work. Since the market value of the altcoin is around 200 million dollars, the fact that more revenue will be transferred to the buyback will be supportive for the price. In addition, since a significant part of the lock openings have been completed and the lock supply has become quite limited. DYDX price may rise.
It dropped to $0.05 on October 10th. DYDX Coin It is now at $0.32, but since the 0.4043 barrier cannot be overcome, the base support at $0.520 cannot be regained. Lack of liquidity and strengthening competition caused many altcoins to remain stuck at the bottom or even make deeper bottoms, despite their ambitious beginnings.
