The Daily Leo | Layer 2 will become cheaper post Dencun Upgrade
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Layer 2 will become cheaper post Ethereum's Dencun upgrade
Ethereum is a popular chain and there are so many projects in process for ethereum's layer 2 chain. Currently, the Dencun upgrade is a hot topic and its going to make layer 2 better and cost-effective after the upgrade. The upgrade has already been implemented and now its time to see how things will work in the coming days. Although the gas fee is quite high on the ethereum chain that should also be considered so let's see when they are going to do something here.
ONI, which is the utility token of the Anonify project has seen a big drop in its price. The project was launched on 20th Feb and the token price reached its all-time high on 28th Feb. Now on March 13th, the token price is $0.019 and its too low. This project can be a potential rug pull and this happens sometimes in the market with certain projects. Any project must have a solid use case in place to keep the token value balanced else people will start dumping the tokens in the market.
LEO token is getting listed on Maya Protocol in less than a week. Its a great opportunity for the inLeo community as this listing is going to make leo tokens valuable. Exchange listing is very important for any coin and more the listing means more volume and better price in the market.
There is a lot of development going on and sometimes its difficult to keep ourselves updated with ongoing development innovations. Hyperchains are a layer 2 product and they are independent of the layer 1 chain these days many layer 2 solutions are getting launched. Now zkSync has launched zkStack for hyperchains and although it is the beginning later on its going to be a great value addition in the crypto space.
Japan is one of the countries that is known for its hi-tech innovations and seems the country is doing good. Although it looks good still there are a few areas where we can see the problems are there. There is an increase in the elderly population and this imbalance is not at all good for the country as they will have to deal with the manpower shortage. This is not all as there are some other issues like economic pressures, government interventions etc which can also make things difficult for Japan in the next few years.
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