DYDX altcoin surges 18% amid supply drop and rising trading volume despite Philippine SEC warning

DYDX price jumped over 18% in 24 hours driven by increased speculative trading and a 165% spike in daily volume to $25 million. The supply of DYDX tokens tightened as holders increased, pushing the price toward a key resistance at $0.16. Bulls are currently challenging this level, aiming for $0.18, but profit-taking and a drop in buying pressure could threaten the rally. The next price move depends on whether bulls can sustain momentum above $0.16 or if the price will revert to consolidation.