#MYX $MYX Air Force gathering, The tech-savvy big brother help take a look, Has the MACD line reached the 4-hour death cross? Hurry up and drop, I started shorting at 0.4, But it pulled back over 5 times, and the funding fee is still so high! I'm in it for the long haul, If it pulls back again, I still have the strength to continue shorting!
Nothing technical, just going with the flow. Still looking at Ethereum.
Crypto飞哥
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The reason I have heavily invested in UNI during this wave of market is not because of the outstanding performance of unichain itself, but because I have been closely monitoring the data changes in the entire Layer 2 (L2) ecosystem.
Unichain can be considered a latecomer to the L2 race. To be honest, it hasn't performed particularly amazingly, and its progress has been rather mediocre. However, from core metrics like Total Value Locked (TVL) and transaction volume, it still ranks among the top five, making it one of the more resilient projects.
In contrast, the later L2 projects that emerged are clearly not doing well. Many are just for show, lacking actual support; not only is the project advancement slow, but their data performance is also dismal. Overall, these projects are highly homogenous, lacking innovation, and are now basically marginalized by the market, showing little sign of improvement, with a low likelihood of a turnaround in the future.
Projects like StarkNet, Linea, Scroll, and Blast, which once had great momentum and were hyped up significantly, now, upon closer inspection, hardly have any competitive advantages left. Their status is akin to having already 'died' once, and they have completely cooled off.
If UNI can successfully develop its Layer 2 business and combine it with unichain's offerings, it is only a matter of time before UNI's market value returns to the top ten.
The Key Benefits of #SoftStaking #SoftStaking Soft staking provides holders with an easy way to generate passive income from their tokens. By simply keeping NXPC in a compatible wallet, they can automatically receive regular rewards, usually paid in more NXPC. This offers stable returns without the need for active trading. Staking also contributes to the network's security and operational efficiency. Rewards typically compound over time, promoting growth. Importantly, soft staking usually maintains liquidity, making funds more accessible compared to traditional locked staking. It enhances the utility of the token, going beyond mere speculation, and may increase the long-term value proposition of the token. This low-effort approach allows all token holders to easily earn rewards, fostering broader participation in the ecosystem.