Bankless

ROLLUP: Facebook Meta | ENS Airdrop | McRib & Tarantino NFTs | Reddit & Matrix | Axie Ronin DEX

4 snips
Nov 5, 2021
Dive into the thrilling world of cryptocurrency as the hosts explore Ethereum's soaring value and the anticipated ENS airdrop for .eth holders. Discover the allure of NFTs, from Quentin Tarantino's cinematic ventures to McDonald's cheeky McRib NFT. Hear about Facebook's bold rebrand to Meta, reshaping the metaverse landscape, and innovative tools like GridPlus for seamless crypto transactions. The buzz surrounding Layer 2 solutions and decentralized exchanges highlights the rapid evolution in DeFi, all while fostering community connections and shared excitement.
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INSIGHT

ETH/BTC Ratio and Bull Run

  • The ETH/BTC ratio's rise indicates a continuing crypto bull run.
  • This ratio gaining steam suggests the bull run is in full effect.
INSIGHT

Organic L2 Growth

  • Arbitrum and Optimism's growth without token incentives is noteworthy.
  • This organic growth contrasts with other Layer 1s using incentives.
INSIGHT

Fees and Sound Money

  • Blockchain fees directly correlate with the soundness of money.
  • Higher transaction fees collected increase money's inherent value.
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