Is It Too Late to Jump on the $EIGEN Train? đ #EigenLayer is finally on #Binance ! But is it too late to buy in? đ€
Let's take a look at the numbers: đ»đ
â¶ïž TVL is dropping: The total value locked in EigenLayer has decreased from its peak of $20 billion.
â¶ïž Competition is heating up: Projects like #Symbiotic , #Solayer , and Karak are also in the restaking game. âïžâïž
â¶ïž EIGEN's price is questionable: The token is trading at $4.12!! It used to be traded (pre-market) as high as $12 each! But this might be a great chance to get it while discounted. đ
So, should you buy #EIGEN ? The hype around restaking seems to be slowing down, and there are plenty of competitors. đ€·
What do you think? Let us know in the comments! đDYOR!