Scroll TGE announced. Could this signal bullish ETH Run? - page 2.

Phoenixtrader

member

Activity: 238

Merit: 11

Quote from: Patikno on October 20, 2024, 09:25:53 AM

Quote from: Phoenixtrader on October 18, 2024, 10:01:06 AM

It seems like there's growing momentum around Ethereum scaling solutions, which could signal a resurgence for Ethereum itself. Projects like Scroll, a security-focused scaling solution for Ethereum that leverages innovations in scaling design and zero-knowledge proofs to build a new layer on the network, are gaining traction. Recently, Scroll announced the date for their token generation event (TGE), which is generating excitement. Have you been following this development?

I have been less attentive to the developments in Ethereum, but as far as I know about every development that occurs in the ecosystem, it makes the price of Ethereum better, we can see it from previous L2 cases in Ethereum. Let's hope for the best for Ethereum, as I have it in my portfolio as well.

Yea that's true..as a security focused scaling solution for ETH, we might see some decent runs on the projects which could bring positive engagements to ethereum. Let's see how this plays out with TGE set for tomorrow.

asriloni

legendary

Activity: 3038

Merit: 1024

Leading Crypto Sports Betting & Casino Platform

The scroll TGE has nothing to do with the bullish run of Ethereum. It's all due to the sharp decrease that happened to the BTC dominance. The launch of new L2 Ethereum does nothing to the market. And you're misunderstanding it.

When BTC D increases, then altcoins are dumping, and vice versa. Your assumption to call the launch of a new L2 blockchain a sign of a bullish trend is totally wrong.

mk4

legendary

Activity: 2870

Merit: 3873

📟 t3rminal.xyz

How is an L2 doing TGE bullish for Ethereum? If anything, it's just more and more liquidity fragmentation.

TastyChillySauce00

legendary

Activity: 3010

Merit: 1028

Leading Crypto Sports Betting & Casino Platform

L2 is not a trend anymore Grin

don't expect any L2 to give you that much rewards, these L2 are just cashcow for the devs to cash out nothing more.

anyway, most of the new L2 are really unneeded. we've got arbitrum, and plenty of other, some even have really low TVL, meaning even the existing L2 can't really attract that much attention and users, why should there be another one, creating new L2 is just just a waste of money and energy.

you see here https://l2beat.com/scaling/summary there are hundreds of L2 and L3 already in the market, some of them even have low TVL as low as < $1K Grin

.

the upcoming L2 that about to have TGE are essentially just late comer, delaying their TGE until the trend is gone LOL Grin

, they are past their trend and it's their mistake if their TVL and market cap flop so hard because they are the one that delay their things Grin

.

o48o

legendary

Activity: 3066

Merit: 1169

Leading Crypto Sports Betting & Casino Platform

Quote from: Phoenixtrader on October 18, 2024, 10:01:06 AM

It seems like there's growing momentum around Ethereum scaling solutions, which could signal a resurgence for Ethereum itself. Projects like Scroll, a security-focused scaling solution for Ethereum that leverages innovations in scaling design and zero-knowledge proofs to build a new layer on the network, are gaining traction. Recently, Scroll announced the date for their token generation event (TGE), which is generating excitement. Have you been following this development?

https://coinmarketcap.com/community/articles/6712350a2a50704bb279baf3/

I didn't see this coming. I have paid attention to them while back when their current senior researcher (toghrul), that i know to be the alway that smartest guy in the room joined them. He used to work for the Dusk so i got to see him in action before that. I sadly didn't pay any attention after that. But if i had even suspected a token, i would have been involved with this.

But i am not mad for missing out, as right people (real supporters) are once again being rewarded like it should be. Not just airdrop hunters. I hope they get rich, and i would so much love to buy this if it's not overvalued after the launch.

Patikno

full member

Activity: 294

Merit: 178

If you know, you know!

Quote from: Phoenixtrader on October 18, 2024, 10:01:06 AM

It seems like there's growing momentum around Ethereum scaling solutions, which could signal a resurgence for Ethereum itself. Projects like Scroll, a security-focused scaling solution for Ethereum that leverages innovations in scaling design and zero-knowledge proofs to build a new layer on the network, are gaining traction. Recently, Scroll announced the date for their token generation event (TGE), which is generating excitement. Have you been following this development?

I have been less attentive to the developments in Ethereum, but as far as I know about every development that occurs in the ecosystem, it makes the price of Ethereum better, we can see it from previous L2 cases in Ethereum. Let's hope for the best for Ethereum, as I have it in my portfolio as well.

Chibaba

newbie

Activity: 120

Merit: 0

Quote from: X-ray on October 19, 2024, 06:16:46 AM

Scroll TGE have absolutely nothing to do with the fact that ETH might have a bullrun though, scroll is just another layer 2 solution, there's also nothing worth nothing of this blockchain except that it's gonna be the same as other blockchain.

moreover, been hearing some bad news about their TGE anyway over the twitter, I don't think the TGE reward will also be that much, at best it will be few dollars to hundreds, the reward is diluted, the scroll mark is also diluted, last time I remember they also give scroll marks to some defi protocol address, you can guess what would be the result.

You aren't far from the truth. My experience with Puffer confirms your assertion but I still feel listing at a good price will also detemine how good the tge would be. More allocation and poor listing price makes it a dust but it will be a good start if it can list above the current pre-market price ($1.42) I am seeing on Bitget.

X-ray

hero member

Activity: 3066

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Scroll TGE have absolutely nothing to do with the fact that ETH might have a bullrun though, scroll is just another layer 2 solution, there's also nothing worth nothing of this blockchain except that it's gonna be the same as other blockchain.

moreover, been hearing some bad news about their TGE anyway over the twitter, I don't think the TGE reward will also be that much, at best it will be few dollars to hundreds, the reward is diluted, the scroll mark is also diluted, last time I remember they also give scroll marks to some defi protocol address, you can guess what would be the result.

Phoenixtrader

member

Activity: 238

Merit: 11

It seems like there's growing momentum around Ethereum scaling solutions, which could signal a resurgence for Ethereum itself. Projects like Scroll, a security-focused scaling solution for Ethereum that leverages innovations in scaling design and zero-knowledge proofs to build a new layer on the network, are gaining traction. Recently, Scroll announced the date for their token generation event (TGE), which is generating excitement. Have you been following this development?

https://coinmarketcap.com/community/articles/6712350a2a50704bb279baf3/

Topic: Scroll TGE announced. Could this signal bullish ETH Run? - page 2. (Read 311 times)