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Immortal - Crypto Analyst
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Base is Rising, #Ethereum is losing its dominance in creating new tokens for DEXes✨ Ethereum has lost its dominance in new token creation that appearing on DEXes. Seeing a lot of changes in how people make and trade tokens on decentralized exchanges. Ethereum used to be big, but now people want cheaper and faster transactions. Here's what's happening: ➜ Solana initially gained popularity due to meme tokens, with DEX-based trading reaching 62% (now 27%). ➜ Now more new DEX-based tokens are showing up on Base (Layer-2). ➜ BNB is also losing value (down 11%). With these fast-changing trends, it'll be interesting to see who challenges Base's dominance next.

Base is Rising, #Ethereum is losing its dominance in creating new tokens for DEXes✨

Ethereum has lost its dominance in new token creation that appearing on DEXes. Seeing a lot of changes in how people make and trade tokens on decentralized exchanges.

Ethereum used to be big, but now people want cheaper and faster transactions. Here's what's happening:

➜ Solana initially gained popularity due to meme tokens, with DEX-based trading reaching 62% (now 27%).

➜ Now more new DEX-based tokens are showing up on Base (Layer-2).

BNB is also losing value (down 11%).

With these fast-changing trends, it'll be interesting to see who challenges Base's dominance next.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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Most Bullish Crypto Trends in Bull Market 🔥 1. Artificial Intelligence (AI) (Super Bullish) The entire world is talking about AI, and big tech companies have started developing their $AI technology. But we are very early in crypto and AI. Both AI and blockchain have the potential to mutually benefit each other in many ways. 2. Gaming (Super Bullish) After the big gain in the last bull market cryptos, $AXS $MANA , $GALA , and $Sand, the gaming and metaverse can be a super trend again. It's not surprising that venture capital (VC) firms are heavily investing in this space, given the potential for innovation and growth. 100's new projects will come with big funding related to the crypto gaming sector. 3. METAVERSE (Same as point No.2 above🔼🔼) 4. DeFi The DeFi space indeed showed remarkable growth and resilience despite security vulnerabilities and smart contract exploits. The continuous innovation and experimentation within the DeFi ecosystem have been key drivers of its expansion. 5. Real World Assets (RWA) Real-world assets "tokenization of assets" has been an emerging trend. This involves representing real-world assets, such as real estate, art, stocks, or commodities, as digital tokens on a blockchain. This trend brings traditional assets into the digital realm, offering benefits such as increased liquidity, fractional ownership, and easier transferability. 6. Zero Knowledge Proofs (ZKP) Zero-Knowledge Proofs (ZKPs) have been an important and evolving trend in crypto and blockchain technology. Zero-knowledge proofs are cryptographic methods that allow one party to prove to another that they possess certain information or knowledge without revealing the actual content of that information. This has several implications for privacy, security, and scalability in various applications. 7.  #Bitcoin Ecosystem Experimental tokens- After the listing of $ORDI on the Binance exchange, this trend looks strong in the future. But the potential use cases are required to gain actual adoption.
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