Welcome to The Daily Leo! We pull the best articles in Finance, Crypto news, and Hive/Leo into one condensed information-packed space. Be sure to follow @thedailyleo so you never miss the Daily LEO. You can also subscribe to the newsletter here Subscribe to the Daily LEO How Memecoins Are Turning Attention Into Profits in the Latest Bull CycleThe post reflects on missed opportunities in memecoins like Bonk, Pepe, and WIF, which skyrocketed while the author hesitated due to the risk of rug pulls. It highlights how the current bull cycle is driven by community attention, unlike venture-backed altcoins. The author shares lessons learned, emphasizing the importance of holding onto promising memecoins and taking calculated risks. What's The Crypto Play In 2025The post suggests that crypto will thrive regardless of the election outcome, with altcoins gaining attention through trusts. A potential altcoin season could occur in early 2025, with faster growth if Trump wins. Caution is advised regarding centralized blockchain projects, as core teams hold large amounts of tokens, raising trust concerns. Uniswap Launches its Layer-2, Unichain Uniswap Labs launched Unichain, a Layer-2 network offering faster, cheaper transactions, cutting costs by 95% compared to Ethereum Layer 1. Built on Optimism's Superchain, Unichain aims to improve DeFi scalability and user experience, with plans to reduce block times to under 250 milliseconds. Currently in the testnet phase, it integrates Rollup Boost for fairer trading. Memecoins, Worth Investing or Completely Useless?The post discusses the potential of memecoins, with the author highlighting personal experiences with Dogecoin, Shiba Inu, and PEPE. They stress the importance of doing your own research and express hope for a price increase in SHIB, driven by attention from figures like Elon Musk. InLEO is a blockchain-based social media platform for Crypto & Finance content creators. Our tokenized app allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards. The Daily LEO is free today. But if you enjoyed this post, you can tell The Daily LEO that their writing is valuable by pledging a future subscription. You won't be charged unless they enable payments. |
Friday, October 11, 2024
Uniswap Launches its Layer2 - Unichain
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