LAYER2 IS STILL THE MAIN KEY THIS SEASON - THE CORRELATION OF THE PROJECTS
Layer 2 projects to consider:
1. $OP (Optimism)
2. $ARB (Arbitrum)
3. $STRK (StarkNet)
4. $MANTA (Manta Network)
5. $METIS (Metis DAO)
Analyze and compare Layer 2 projects:
1. Key factors for comparison:
- FDV (Fully Diluted Valuation)
- Market Cap (Market capitalization)
- TVL (Total Value Locked)
For example:
- Compare $MANTA and $METIS
- Compare $OP, $ARB, and $STRK
2. Detailed information of projects:
$Op (Optimism):
- Superchain ecosystem with many Layer 2 built on OP Stack.
$Arb(Arbitrum):
- The ecosystem has the highest TVL among Layer 2.
- Many projects built on this platform.
$METIS (Metis DAO):
- Many projects are being built and developed on this platform.
...
Detailed analysis of each project:
1. FDV (Fully Diluted Valuation):
- Consider the project's FDV and evaluate whether the ecosystem has reached its peak value.
- For example: If FDV reaches 11 billion USD, we need to see what is outstanding about that ecosystem.
2. Community:
- Evaluate the level of activity and quality of users in the project community.
- Consider whether the community is active and supportive of the project.
3. Market Makers (Market Maker Team):
- Determine who the project's MM team is.
- The way the MM team performs its role, usually Wintermute is one of the most leading teams in Layer 2.
With these factors, you can research and compare to make a reasonable decision to hold.
