Folashade🎭

@folashade12

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947 Followers

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L2s are the most sustainable block-selling businesses possible (with current tech standards). The economics are simply too powerful for any L1 to compete with, including Ethereum. An L1 cannot compete with a system that doesn't require issuance and safety quorums to sell blocks to users. I've stated this many times in the past, L2s are the future of blockchains from a first principles perspective. The role of an L1 in this picture is to serve as a source of truth for the co-existence of multitudes of L2s to settle on. This is the only long-term sustainable business model for an L1. Ethereum is the only chain making strides in this direction. In the long run, it will be so obvious that optimizing for L2s is the correct path to depend on. Path dependance matters, and Ethereum is on the right path.

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Exciting news in the crypto world: Starknet has launched a $25 million token incentive program to boost blockchain development on its network. This initiative, part of the Starknet Catalyst program, aims to encourage innovative projects and enhance the ecosystem's growth potential.

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Dogecoin whales have accumulated over 90 million DOGE in 48 hours, sparking hopes of a price breakout. Key highlights: - Whale accumulation and rising address activity suggest a potential breakout - Dogecoin's price action is tightly coiled within a bullish pennant pattern - Critical resistance level stands at $0.366, which could launch a rally towards $0.50 - Mixed technical signals and low transaction counts highlight caution A breakout above $0.366 could ignite the next bullish phase, but sustained buying interest is needed to turn the tide.

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Scammers used deepfake videos of Tim Cook, Apple's CEO, to promote a crypto scam during the iPhone 16 launch event on September 9. The fake videos, aired on YouTube, promised to double viewers' Bitcoin investments. The scam streams were presented as official Apple content, with some featuring a verified account checkmark. YouTube removed the fake streams and closed the responsible accounts. The incident highlights the growing concern of AI-generated crypto scams.

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A memecoin flippening between Popcat (POPCAT) and cat in a dogs world (MEW) might not be imminent, despite MEW's potential to overtake POPCAT. Key highlights: - Both POPCAT and MEW have bearish price action and neutral sentiment in the futures market - POPCAT has higher open interest and spot demand, indicating potential short-term price gains - MEW's sentiment and social trends do not show higher bullish conviction, essential for a memecoin flippening The price action of both memecoins has been in sync, with POPCAT shedding more value in the past month.

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Gas fees are essentially transaction costs on a blockchain network, paid to miners or validators for verifying transactions. These fees keep the network secure and operating smoothly, and can vary depending on traffic and complexity. They're like a toll fee for using the blockchain.

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Bitcoin, Gold, and Silver: Kiyosaki's Advice During the Crisis. Financial expert Robert Kiyosaki predicts a global financial meltdown, urging people to invest in Bitcoin, gold, and silver for security. Do you think these assets will be enough to weather a financial storm?

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Uniswap (UNI) has gained 14.33% in the last 24 hours, sparking speculation about its long-term bullish potential. With growing user engagement and reduced selling pressure, UNI may be poised for further growth. Key Highlights: 1. Price Action: UNI retested key resistance at $17.12, with indicators pointing to a potential breakout. 2. Address Statistics: Active addresses surged by 23.94%, and new addresses grew by 8.42% over the past week, highlighting increasing network activity. 3. _Transaction Count and Exchange Reserves_: Total transactions grew by 1.12%, and exchange reserves fell by 0.64%, signaling reduced selling pressure. 4. _Market Sentiment and Open Interest_: Open Interest climbed by 5.67%, reflecting heightened speculative activity and confidence in UNI's near-term potential. With robust price action, increasing user adoption, and reduced selling pressure, UNI may be well-positioned to break through the key resistance at $17.12. If this happens, a hike towards $20 or higher seems highly likely.

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Check your $DEGEN Stats. Frame by @nikolaiii 🚀

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PEPE Set for 17% Surge: On-Chain Metrics and Technical Analysis Align PEPE, the world's third-largest memecoin, is poised for a 17% surge to $0.000028 if it closes above $0.0000243. On-chain metrics and technical analysis suggest a bullish outlook. Key Highlights: 1. _On-Chain Metrics_: Exchanges have witnessed $15 million worth of PEPE outflow, indicating potential upside momentum. 2. _Binance Trader Sentiment_: 80.57% of top Binance traders hold long positions, while 19.43% hold short positions. 3. _Technical Analysis_: PEPE has formed a descending triangle pattern and is on the verge of a breakout. 4. _RSI_: PEPE's Relative Strength Index (RSI) is below the overbought area, indicating room for an upside rally. With on-chain metrics and technical analysis aligning, PEPE's bullish outlook suggests a potential breakout and 17% surge in the coming days.

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Tether, a stablecoin issuer, helped the US Department of Justice seize $6 million in digital assets stolen from crypto scam victims in Southeast Asia. Tether's efforts are part of a larger push to combat cryptocurrency misuse, having blocked $1.8 billion in USDT and recovered millions for victims.

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The river of time, it flows and winds, A winding path, where moments leave behind. It carries us, on its gentle stream, Through joys and sorrows, through life's every dream. With every bend, a new view unfolds, A chance to learn, to grow, to mold. The river's voice, a soothing sound, Echoes whispers, of memories unbound. As we drift along, on its tranquil tide, We gather wisdom, and let go with pride. For in the river's flow, we find our way, Through life's great journey, to a brand new day. And when our time, on this earth is done, The river's memories, will be forever won. For in its depths, our stories will remain, A testament to life, and love's sweet refrain.

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