Is the base layer-2 ecosystem interesting?

Based on on-chain data via token terminal, the growth of the base layer-2 network has seen a significant increase in terms of revenue, development and deposits into its network over the past 180 days. Base operates as an Ethereum Layer 2 specifically designed for EVM-based networks. The project was incubated by Coinbase and formed as a secure, economical and friendly platform for decentralized application (dApps) developers.

This second layer ensures interoperability by allowing direct integration with Layer 1 (L1) networks such as Ethereum, Coinbase and other compatible chains. This interoperability can be realized by utilizing the MIT-licensed OP Stack, which was developed with Optimism.

Within the base network itself, there are many coins built on its network, such as velodrome, degen, brett, aerodrome and various other projects. Seeing the development of on-chain data within the base network which has increased significantly indicates the high demand for coins in the network. However, considering that there are more meme coin projects being built on this base network itself, this indicates that there is still high interest among meme coin investors in their speculation with projects without such utilities.

$OP $ETH $VELODROME

#layer1layer2 #CoinbaseFeature #BRETT #degentoken #Velodrome

iS #degentoken will go up?
$BTC
$XRP

💥 The next meme coin king?

#Miggles has been making waves on Base Chain and turning out to be one of the BEST investments there. Could a Binance listing be next? 👀

With #degentoken already hitting Binance Spot & Futures, Miggles could be the next big thing. 🌕

Stay ahead. Watch closely. 🚀
#Binance240MUsers #MemecoinWars #MemeCommunity

any suggestion $BTC $XRP #degentoken
hold or closed?

$BTC #degentoken $XRP
will xrp go down to 0.90 zone?

#degentoken

ALMOST 1ST TARGET DONE

#GDPSteadyPCE2.1Down #Bounbit
$DEGO

$BTC

$DEGEN 🚀🚀🚀🚀🚀

Many people enquired about this today.

Personally I accumulated this 1️⃣ month ago at 0.0046$ 🎯 &
booked Profit ✅ today at 2.5X 🆙⬆️.

I forgot 😞to share the 📈 here.

🆕 buy 🎯:- 0.0056$—0.008$

Profit 🎯 details 👀 in 📈.

Now I won’t suggest to enter at current price rather wait for pullback.

#CRIPTOHINDUSTAN #DegenKongZ #degenbase #DegenChain #degentoken

$DEGEN 🚀🚀🚀🚀🚀

50% 🆙after pullback🎯filled in5️⃣DAYS

0.007$ to 0.0107$ & higher

Profit 🎯 shown in 📈 remain same.

Volume inflow 🔝

Once it touched 0.013$ & hold above it,
for sure short-term profit 🎯 NEXT.

U CAN BUY & KEEP IT FOR LONG TERM, BY THIS YEAR END FOR HUGE 🚀 PROFIT.

#CRIPTOHINDUSTAN #DegenChain #degenbase #degentoken #moonbix

#degentoken #DegenKongZ #degenusdt Bullish

$DEGEN is set to list on #Binance Futures today at 11:30 UTC.

With an 85% surge already, all eyes are on its next move.

#DegenChain #degentoken #listing

I HOLD 3.000.000 $DEGEN 📈

HOLD

or

SELL

I think it is already a bit overbought 📉

#degentoken #degenbase

YOUR ADVICE?

⬇️COMMENT⬇️

#NeiroFamily #Vitalik-Buterin's #etherreum #MOODENG #degentoken

Vitalik Buterin Converts Neiro, Moodeng, Degen Memecoins to Ethereum
In a recent flurry of transactions, Vitalik Buterin converted assets from various Memecoin projects sent to his wallet into 140.6 ETH, valued at approximately $0.34 million. The assets sold included donations like 100,000 USDT from CateonEthereum, 70.71 million Neiro Crypto, 11.76 billion MOODENG tokens from MoodengCTOETH, and 7.8 million DEGEN tokens. The conversion, which took place over the span of just 30 minutes, highlights Buterin’s active involvement in the Ethereum ecosystem and his ability to swiftly manage contributions sent to his wallet.

Buterin Supports Optimism’s SuperchainERC20 Update
Beyond his management of Memecoin projects, Vitalik Buterin has also been a vocal supporter of critical updates in the Ethereum Layer-2 Plan. One notable development is the proposed update to the SuperchainERC20 protocol, which was outlined in a recent GitHub pull request by Optimism. This update aims to improve Ethereum’s scalability and interoperability by introducing a new cross-chain interface.The redesigned SuperchainERC20Bridge will allow more efficient token transfers between Layer 2 solutions, fostering a more unified ecosystem.

The update also proposes the migration of essential functionalities, such as sendERC20 and relayERC20, to the new bridge. The most significant addition to this redesign is the ICrosschainERC20 interface, which will handle mint and burn functions, ensuring cross-chain neutrality. Buterin praised these enhancements, emphasizing the importance of collaboration among Ethereum infrastructure players, stating, "People are sleeping on how much cooperation is building the unified Ethereum ecosystem."

Lowering Ethereum’s Minimum Staking Requirements
In addition to these technical updates, Vitalik Buterin has proposed reducing the minimum staking requirements on Ethereum. His plan suggests lowering the threshold from the current 32 ETH to 16 ETH and eventually to just 1 ETH.$
$BTC $ETH

🔥 JUST IN: #Binance will launch futures trading for #Degen $DEGEN
#BinanceFutures #FuturesTrading #degentoken

$DEGEN 🤩🤩🔥🔥🚀🚀🚀🚀🚀

7X 🆙 ⬆️ since our entry in just 1 month
0.007$ to 0.05$

Touched ✅EXACTLY 💪 OUR PROFIT 🎯 achieved completely ✔️

👉 I personally booked my profit here.
:- U SHOULD ALSO BOOK SOME PROFIT.

RSI INTO OVER-BROUGHT ZONE on 1D.

Huge volume 🆙

#CRIPTOHINDUSTAN #degentoken #DegenKongZ

Degen announced that the third season of Airdrop 2 is now online.

#degen #degentoken #Memecoins #Megadrop #BullorBear

#degen #degentoken FutureTrading.

$DEGEN 🚨 🚨🚨🚨🚨

Some big announcement 📣

BINANCE LISTED DEGEN IN margin trading.

This huge volume inflow is the result of this news.

Now expect this to be listed on SPOT 🔜 too.

#CRIPTOHINDUSTAN #degentoken #DegenChain #degenbase

Degen has announced that Airdrop 2 Season 6 will begin on July 11.

#DegenChain #degen #degentoken #BinanceTournament #Megadrop