EthHub Weekly #198
Polygon introduces Plonky2, OpenSea raises $300 million, Connext and LayerSwap partner up and much more!
🐻 To Bear or Not to Bear
It seems that what’s on everyone’s mind right now is if the crypto markets are going into another long-term bear market similar to what we experienced in 2018 and 2019. Personally, I don’t think this is going to happen and I believe the recent sell-off is mostly macroeconomic driven (something that I’m certainly no expert in). There’s just too many things to be bullish about when it comes to Ethereum - the layer 2 rollout, the merge, DeFi, NFTs and so much more - and because of this I think ETH is undervalued at these prices (and I continue to buy more whenever I can). Of course, that isn’t investment advice, but you need only pay attention to see why it’s impossible to be bearish on Ethereum and ETH.
Have a great week everyone!
L222 - The Daily Gwei
Degen vs Boomer Mindset - The Daily Gwei
A Token Model for Layer-2 Block Production - Fuel Labs
Meme of the Week
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Community Manager - Superfluid
Libp2p Networking Engineer - Status
Senior Smart Contract Engineer (Solidity) - Ondo Finance
Security/Cryptography Researcher & Engineer - Least Authority
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