Airdrops often create initial buzz, but their real value depends on the projectβs longevity. Strong projects with real utility, a solid team, and an active community can help maintain token value. Speculative projects, however, may fade.
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Layer 2 solutions, such as Optimistic Rollups and zk-Rollups, are built on top of Ethereum to enhance scalability by processing transactions off-chain while still relying on Ethereumβs security. These solutions significantly reduce transaction costs and congestion on the Ethereum network, enabling faster and cheaper transactions. By offloading the majority of computation, Layer 2 helps Ethereum handle more transactions, improving user experience, especially during high-demand periods. This also makes decentralized applications (dApps) more efficient, as users are less burdened by high gas fees, which can make Ethereum more attractive for both developers and users.
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The RSI is a momentum oscillator that ranges from 0 to 100, used to identify overbought or oversold conditions. An RSI above 70 suggests that an asset is overbought, potentially signaling a price pullback, while an RSI below 30 indicates oversold conditions, often pointing to a potential price rebound. In the volatile crypto market, these levels help traders identify potential entry and exit points. However, the RSI should be used in conjunction with other indicators to avoid false signals and improve trade accuracy.
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