Community Call

Ethereum maintains bullish potential with upcoming update and whale purchases Ethereum maintains bullish momentum heading into Dencun, an upcoming major network update. Ethereum whale bought $166 million worth of ETH in 3 days While the Dencun update to be carried out on the Ethereum network is expected to benefit layer-2 protocols on the network, this update is promoted as a data accessibility improvement that introduces Proto Danksharding to the network. At the end of this process, the Ethereum Blockchain is intended to perform faster and cheaper transactions. While experts believe that the update will accelerate Ethereum, it is thought that its current obstacles such as slow transactions and low scalability on the network will be removed. Therefore, it is predicted that the Dencun update will have a positive impact on Ethereum Layer-2 projects. #ETHDencun #GateLive #layer-2

The current price of Bitcoin continues its consolidation above $50 thousand. According to their estimates, if Bitcoin retreats to $48,000, this will mean a loss of approximately 5.88 percent. On the other hand, an increase from 48 thousand dollars to 56 thousand dollars will mean an increase of approximately 17 percent. hasteg #GateLive #layer-2 #BTCHalvin2024 #ETHCancun

#xrp evernode Evernode Airdrop Completes, with 38K+ Addresses Holding 432M XRP Registered According to the update shared by the #XRP Ledger (XRPL) based layer-2 scaling protocol, the 38,478 qualifying addresses hold approximately 432 million XRP that are eligible to receive the airdrop.#XRPL #xrp evernode

NICE DEVELOPMENT ABOUT APT APT is the token of Aptos, a layer-1 blockchain developed by former Meta executives. Aptos aims to provide a scalable, interoperable, and user-friendly platform for Web3 applications. Aptos will launch 24.8 million APT tokens on Feb. 12, worth approximately $224.6 million. The unlocking will distribute the tokens to the Foundation, the community, key contributors, and investors. APT price is currently $9.06 and is down 12% in the past month. SAND is the token of The Sandbox, the metaverse where users can create their gaming experiences. On Feb. 17, The Sandbox will unlock 92.87 million SAND tokens, worth around $41.9 million. SAND price is currently $0.434 and is down 28% in the past month. #HotTopicDiscussion #MyFancyCreator #contentcreator

Sei (SEI) Sei is a trading-focused Layer 1 blockchain backed by leading investors and designed for speed, low fees, and other features that support trading applications. The token's price has increased by 750% since November. Thus, the coin reached an ATH of $1.03 on February 18. Over the past 24 hours, the price has entered a correction, dropping 11% to $0.85. Its market capitalization is $2.17 billion at the time of writing. #HotTopicDiscussion