□ Trending Now: The Digital Currency Social Media Storm! □️ Keep watching? Or seize the opportunity now and ride this favorable wave? The choice is yours! So, if you are one of those who were spooked by the high prices of the past and have been on the sidelines ever since, now might be the prime time to take action. What does this mean? Well, for investors, this is a big deal! It signifies that the investment climate has become more appealing for those who might want to dip their toes in. But now, compared to the BTC LGC, investing in Bitcoin seems like a fair game for those who haven't dabbled in it yet.Īnd what's more, the long-term MACD (Moving Average Convergence Divergence) has crossed bullishly and is poised just below the zero-line. Looking back, the price then was indeed a tad high for most. But guess what? Times have changed, and today, investing in Bitcoin (#BTC) isn't a far-fetched idea-it's a reasonable decision! Investing in Bitcoin? It seemed almost out of reach. ![]() Missed Bitcoin's Golden Age? Now Might Be the Time to Invest!Ģ.5 years ago, many considered the current price a bit too steep. Is Base destined to follow suit?Ĭonclusion: In a nutshell, don't fall into the FOMO trap, and don't let L2 project owners discover an alternative wealth code through airdrop "fishing." We must look beyond the superficial numbers and understand the truth behind these data to make wise investment decisions. Then look at how zkSync's launch and Arbitrum's token release broke the calm. Seeing Through the FOMO Veil: Look at how stable Arbitrum and OP were during the L2 silent period in 2022. This might explain why L2's Gas undergoes abnormal fluctuations during mainnet Gas congestion.Ĥ. The Nuances of L2 Data: Digging deeper, we must also factor in the Gas fees prepaid by L2 during calldata, which are later refunded. Could zkSync's off-chain node computational resource consumption really be that large? Who knows!ģ. The Fog of Gross Profit: This is just the gross profit it does not include costs like the operation and computational resource consumption of L2 off-chain Sequencer, zkPorter, and other Validator nodes. The seemingly simple formula: L2 Profit = L2 Execution Earn - L1 Calldata Cost - L1 Verify Cost. ![]() The Surface-Level Profit Statistics: These figures are mere chain data statistics. Meanwhile, Base chain's income is surging, already reaching $1.54 million since August. The numbers for July are staggering with zkSync's income at an astonishing $4.61 million, while Arbitrum sits at just $1.15 million. Unraveling the On-chain Profit of Layer2 Chains: The Hidden Battle Between Arbitrum, Optimism, zkSync, and Base Chains - A Revelation!Īt first glance, the On-chain Profit data for Layer2 chains can be bewildering.
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